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Table of Contents
PART I
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This Annual Report on Form 10-K (the “Annual Report”), including the sections entitled “Business,” “Risk Factors,” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations,” includes forward-looking statements. The words believe,” “may,” “will,”
“estimate,” “continue,” “anticipate,” “intend,” “expect,” “predict,” “potential,” and similar expressions, as well as the negatives thereof, as they relate to
us, our business, our management, and our industry, are intended to identify forward-looking statements. In light of risks and uncertainties discussed in
this Annual Report, the forward-looking events and circumstances discussed in this Annual Report may not occur and actual results could differ
materially from those anticipated or implied in the forward-looking statements. We have based these forward-looking statements on our current
expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements
should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at or by which such
performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or
management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Moreover, we operate in a very
competitive and rapidly changing environment. New risks emerge from time to time and it is not possible for our management to predict all risks, nor
can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements we may make. Important factors that could cause such differences include, but are
not limited to:
Forward-looking statements speak only as of the date of this Annual Report. We may not actually achieve the plans, intentions, or expectations
disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could
differ materially from the plans, intentions, and expectations disclosed in the forward-looking statements we make. In addition, our forward-looking
statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments we may make.
You should read this Annual Report completely and with the understanding that our actual future results may be materially different from what we
expect. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise,
except as required by law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates
with respect to those or other forward-looking statements.
1
our ability to accurately forecast revenue and appropriately plan our expenses and working capital requirements;
our ability to generate additional revenue;
our ability to retain existing customers and attract new customers;
our ability to protect our customers
stored files and adequately address privacy concerns;
the impact of actual or threatened litigation, including intellectual property infringement claims, involving us or our industry;
the impact of increased competition in our business;
interruptions in service and any related impact on our reputation;
our ability to maintain, protect, and enhance our brand; and
other risk factors included under
Risk Factors
in this prospectus.