88790--3/16/2010--INTRICON

related topics

{condition, economic, financial}

{personnel, key, retain}

{property, intellectual, protect}

{debt, indebtedness, cash}

{acquisition, growth, future}

{customer, product, revenue}

{operation, international, foreign}

{stock, price, share}

{loss, insurance, financial}

{control, financial, internal}

{product, candidate, development}

{competitive, industry, competition}

{provision, law, control}

{financial, litigation, operation}

{cost, regulation, environmental}

{stock, price, operating}

{cost, operation, labor}

{cost, contract, operation}

{capital, credit, financial}

We have experienced and expect to continue to experience fluctuations in our results of operations, which could adversely affect us. The loss of one or more of our major customers could adversely affect our results of operations. We may not be able to collect outstanding accounts receivable from our customers. The current domestic economic downturn could cause a severe disruption in our operations. If we are unable to continue to develop new products that are inexpensive to manufacture, our results of operations could be adversely affected. Our need for continued investment in research and development may increase expenses and reduce our profitability. We operate in a highly competitive business and if we are unable to be competitive, our financial condition could be adversely affected. Merger and acquisition activity in our hearing health market has resulted in a smaller customer base. Reliance on fewer customers may have an adverse effect on us. Unfavorable legislation in the hearing health market may decrease the demand for our products, and may negatively impact our financial condition. Implementation of our growth strategy may not be successful, which could affect our ability to increase revenues. We operate in Singapore and Germany, and various factors relating to our international operations could affect our results of operations. We may explore acquisitions that complement or expand our business. We may not be able to complete these transactions and these transactions, if executed, pose significant risks and may materially adversely affect our business, financial condition and operating results. We may experience difficulty in paying our debt when it comes due, which could limit our ability to obtain financing. If we fail to meet our financial and other covenants under our loan agreement with our lender, absent a waiver, we will be in default of the loan agreement and The PrivateBank and Trust Company can take actions that would adversely affect our business. If the Company is unable to liquidate the assets it has marked as discontinued operations, its results of operations maybe adversely affected. Our success depends on our senior management team and if we are not able to retain them, it could have a materially adverse effect on us. Our future success depends in part on the continued service of our engineering and technical personnel and our ability to identify, hire and retain additional personnel. We and/or our customers may be unable to protect our and their proprietary technology and intellectual property rights or keep up with that of competitors. If we become subject to material intellectual property infringement claims, we could incur significant expenses and could be prevented from selling specific products. Environmental liability and compliance obligations may affect our operations and results. We are subject to numerous asbestos-related lawsuits, which could adversely affect our financial position, results of operations or liquidity. The market price of our common stock has been and is likely to continue to be volatile, which may make it difficult for shareholders to resell common stock when they want to and at prices they find attractive. Anti-takeover provisions may make it more difficult for a third party to acquire control of us, even if the change in control would be beneficial to shareholders. If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, current and potential shareholders and customers could lose confidence in our financial reporting, which could harm our business, the trading price of our stock and our ability to retain our current customers or obtain new customers.

Full 10-K form ▸

88790--3/16/2010--INTRICON_CORP