Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Delayed shipments and customer order delays resulting in lower annual revenue growth than expected.
• Substantial doubt about the Company’s ability to continue as a going concern.
• Insufficient liquidity to meet operating needs and satisfy debt obligations for at least 12 months.
• Customers delaying 3D printer orders due to financial condition.
• Difficulty building bookings and backlog pipeline.
• Inability to secure favorable credit terms and volume discounts with suppliers.
• Negative impact on product margins due to supplier issues.

Mitigation Strategies

• Strategic realignment to optimize free cash flow, maximize customer success, reduce expenditures, and improve operational efficiency.
• Expense reduction and cash savings initiatives, including a reduction in force.
• Streamlining facilities, managing working capital, reducing capital expenditures, and reducing overall selling, general and administrative expenses.
• New go-to-market and service strategies to rebuild bookings and backlog pipeline.
• Further reductions in force to continue operations.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather and other natural disasters may disrupt operations or the operations of suppliers and customers.

Transition Risks

• Material past and/or future capital expenditures for climate-related projects
• Material indirect consequences of climate-related regulation or business trends
• Material increased compliance costs related to climate change