768408--8/16/2007--CYANOTECH

related topics

{stock, price, operating}

{system, service, information}

{operation, natural, condition}

{regulation, change, law}

{operation, international, foreign}

{personnel, key, retain}

{property, intellectual, protect}

{cost, operation, labor}

{product, market, service}

{condition, economic, financial}

{acquisition, growth, future}

{product, liability, claim}

{customer, product, revenue}

{stock, price, share}

We May Need to Raise Additional Capital in the Future Which May Not Be Available We have incurred significant losses in the past, and we may continue to incur significant losses in the future. If we continue to incur losses, we will experience negative cash flow which may hamper current operations and prevent us from sustaining or expanding our business. Our stock price is volatile, which could result in substantial losses for investors purchasing shares of our common stock. The nutritional products industry is extremely competitive. Many of our significant competitors have greater financial and other resources than we do, and one or more of these competitors could use their greater resources to gain market share at our expense. Our Revenues Could Be Adversely Affected By the Loss of a Significant Customer or the Failure to Collect a Large Accounts Receivable Our production of algae involves an agricultural process, subject to such risks as weather, disease, and contamination. Our operations are vulnerable because we have limited personnel and redundancy and backup systems in our data management function. A Significant or Prolonged Economic Downturn Could Have a Material Adverse Effect on Our Results of Operations Our Quarterly Operating Results May Vary From Quarter to Quarter, Which May Result in Increased Volatility of Our Share Price Our Global Operations Expose Us to Complex Management, Foreign Currency, Legal, Tax and Economic Risks, Which We May Not Be Able to Address Quickly and Adequately If We Are Unable to Protect Our Intellectual Property Rights or if We Infringe Upon the Intellectual Property Rights of Others Our Business May Be Harmed Our Insurance Liability Coverage is Limited Our Ability to Develop and Market New Products or Modify Existing Products and Production Methods May be Adversely Affected If we Lose the Services of or Cannot Replace Certain Employees Knowledgeable in Advanced Scientific and Other Fields By March 31, 2008 the Company is required to be in full compliance with the Sarbanes-Oxley Act and Rules issued thereunder by the Securities and Exchange Commission, including Section 404 Compliance Standards established by the Public Companies Accounting Oversight Board. The cost of attaining and maintaining such compliance could materially decrease reported net income or increase reported net losses in future periods.

Full 10-K form ▸

768408--8/16/2007--CYANOTECH_CORP