MOSYS, INC.
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- History of losses and need to raise additional capital.
- Reluctance by potential customers to adopt the GigaChip interface.
- Revenue concentration among a small number of customers.
- Lengthy sales cycle.
- Cyclical nature of the semiconductor industry.
- Expected decrease in royalty revenues.
- Dependence on contract manufacturers.
- Dependence on third-party foundries and contractors.
- Risks related to health epidemics.
- Potential infringement of third-party intellectual property rights.
- Difficulty in verifying royalty amounts and enforcing license agreements.
- Inability to protect and enforce intellectual property rights.
- Dependence on key personnel.
- Potential for additional debt.
- Potential volatility of the price of common stock.
- Reduced disclosure and governance requirements as a smaller reporting company.
- Risk of delisting from the Nasdaq Stock Market.
Mitigation Strategies
- Intention to continue spending to grow the business, seeking additional financing.
- Providing development and characterization kits for system designers.
- Ongoing review of product manufacturing and testing processes; ISO 9001:2015 certification.
- Efforts to mitigate risks related to health epidemics.
- Ongoing efforts to protect intellectual property rights.
- Efforts to retain key personnel.
- Compliance with Nasdaq Stock Market listing requirements.