tickdelta
Sign in

Tickdelta is free for now. Sign up and get Pro free

Interest rates and inflation

130 of 521 companies added a paragraph in Risk Factors that uses one of these words: interest rate, interest rates, inflation, inflationary. The paragraph is in the latest 10-K and nothing like it was in the one before. It counts text; it does not say how serious a risk is. Words in capitals only (such as AI) must be in capitals.

By sector

Sector is the SEC's industry description of the company. Each count opens that sector's quotes below.

SectorCompaniesCompared
Optical Instruments & Lenses22
Apparel & Other Finishd Prods of Fabrics & Similar Matl11
Bottled & Canned Soft Drinks & Carbonated Waters11
Canned, Frozen & Preservd Fruit, Veg & Food Specialties11
Farm Machinery & Equipment11
Gas & Other Services Combined11
Gold and Silver Ores11
Grain Mill Products11
Heavy Construction Other Than Bldg Const - Contractors11
Metal Mining11
Misc Industrial & Commercial Machinery & Equipment11
Miscellaneous Food Preparations & Kindred Products11
Oil Royalty Traders11
Paper Mills11
Real Estate Operators (No Developers) & Lessors11
Retail-Computer & Computer Software Stores11
Retail-Eating & Drinking Places11
Retail-Retail Stores, NEC11
Rolling Drawing & Extruding of Nonferrous Metals11
Services-Detective, Guard & Armored Car Services11
Services-Engineering, Accounting, Research, Management11
Services-Management Services11
Services-Misc Health & Allied Services, NEC11
Special Industry Machinery, NEC11
Water Supply11
Wholesale-Motor Vehicle Supplies & New Parts11
Retail-Eating Places34
Natural Gas Transmission23
Wholesale-Drugs, Proprietaries & Druggists' Sundries23
Finance Services1728
Accident & Health Insurance12
Aircraft Engines & Engine Parts12
Computer Peripheral Equipment, NEC12
Converted Paper & Paperboard Prods (No Contaners/Boxes)12
Cutlery, Handtools & General Hardware12
Fats & Oils12
Industrial Inorganic Chemicals12
Industrial Organic Chemicals12
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments12
Mining & Quarrying of Nonmetallic Minerals (No Fuels)12
Paperboard Containers & Boxes12
Printed Circuit Boards12
Radio & Tv Broadcasting & Communications Equipment12
Retail-Auto & Home Supply Stores12
Rubber & Plastics Footwear12
Services-General Medical & Surgical Hospitals, NEC12
Ship & Boat Building & Repairing12
National Commercial Banks511
Investment Advice38
Pharmaceutical Preparations411
Electric Services515
Fire, Marine & Casualty Insurance412
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip13
Computer & office Equipment13
General Industrial Machinery & Equipment13
Life Insurance13
Operative Builders13
Retail-Auto Dealers & Gasoline Stations13
Services-Commercial Physical & Biological Research13
Services-Consumer Credit Reporting, Collection Agencies13
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics13
Crude Petroleum & Natural Gas27
Security Brokers, Dealers & Flotation Companies27
Real Estate Investment Trusts727
Electronic & Other Electrical Equipment (No Computer Equip)14
Motor Vehicles & Passenger Car Bodies14
Search, Detection, Navigation, Guidance, Aeronautical Sys14
Security & Commodity Brokers, Dealers, Exchanges & Services14
Services-Prepackaged Software419
Beverages15
Biological Products, (No Diagnostic Substances)15
Computer Storage Devices15
Industrial Instruments For Measurement, Display, and Control15
Laboratory Analytical Instruments15
Retail-Variety Stores15
Services-Computer Programming, Data Processing, Etc.15
Electric & Other Services Combined212
State Commercial Banks16
Services-Business Services, NEC216
Semiconductors & Related Devices115

277 paragraphs · Services-Computer Programming, Data Processing, Etc. show all sectors

DJT Trump Media & Technology Group Corp. · Services-Computer Programming, Data Processing, Etc.

Our bitcoin strategy has not been tested over an extended period of time or under all market conditions. We are continually examining the risks and rewards of our strategy to acquire and hold bitcoin. This strategy has not been tested over an extended period of time or under all market conditions. For example, although we believe bitcoin, due to its limited supply, has the potential to serve as a hedge against inflation in the long term, the short-term price of bitcoin declined in recent periods during which the inflation rate increased. If bitcoin prices were to decline or our bitcoin strategy otherwise proves unsuccessful, our financial condition, results of operations, and the market price of our listed securities would be materially adversely impacted.

Read in the 10-K filed Feb 27, 2026 ↗

Changes in the accounting treatment of our bitcoin holdings could have significant accounting impacts, including increasing the volatility of our results. We have adopted ASU 2023-08 as of January 1, 2025, which requires us to measure our bitcoin holdings at fair value in our statement of financial position, and to recognize gains and losses from changes in the fair value of our bitcoin in net income each reporting period. ASU 2023-08 requires us to provide certain interim and annual disclosures with respect to our bitcoin holdings. Due in particular to the volatility in the price of bitcoin, the adoption of ASU 2023-08 has materially impacted on our financial results, increased the volatility of our financial results, affected the carrying value of our bitcoin on our balance sheet, and we expect these impacts to continue. For example, we incurred an unrealized loss on digital assets of $340,602.9 for the year-ended December 31, 2025. Significant variances in gains and losses could occur in future periods. As described in greater detail under the risk factor heading “Unrealized fair value gains on our bitcoin holdings could cause us to become subject to the corporate alternative minimum tax under the Inflation Reduction Act of 2022,” ASU 2023-08 could also have adverse tax consequences. These impacts could in turn have a material adverse effect on our financial results and the market price of our listed securities.

Read in the 10-K filed Feb 27, 2026 ↗

Changes to the Cronos network—whether technical, economic, or governance-related—may occur without our input and could negatively affect the value, usability, or structure of Cronos. Additionally, Cronos holdings face risks related to custody, security, and uncertain accounting or tax treatment, which could lead to financial loss or reporting challenges. As compared to more established digital assets like bitcoin, the Cronos network is governed by a more concentrated group of stakeholders. Decisions regarding tokenomics, inflation schedules, staking rewards, validator requirements, or network architecture may ultimately be made without our input or consent. Such changes could materially reduce the value, utility, or liquidity of our Cronos holdings.

Read in the 10-K filed Feb 27, 2026 ↗

Unrealized fair value gains on our bitcoin holdings could cause us to become subject to the corporate alternative minimum tax under the Inflation Reduction Act of 2022.

Read in the 10-K filed Feb 27, 2026 ↗

The U.S. enacted the Inflation Reduction Act of 2022 (“IRA”) in August 2022. Unless an exemption applies, the IRA imposes a 15% corporate alternative minimum tax (“CAMT”) on a corporation with respect to an initial tax year and subsequent tax years, if the average annual adjusted financial statement income (“AFSI”) for any consecutive three-tax-year period preceding the initial tax year exceeds $1 billion.

Read in the 10-K filed Feb 27, 2026 ↗

macroeconomic changes, such as changes in the level of interest rates and inflation, fiscal and monetary policies of governments, trade restrictions, and fiat currency devaluations;

Read in the 10-K filed Feb 27, 2026 ↗

Our ability to make scheduled payments on and to refinance our indebtedness (whether currently existing or incurred in the future) depends, and will depend, on and is subject to our financial and operating performance, which is influenced, in part, by general economic, financial, competitive, legislative, regulatory, counterparty business, and other risks that are beyond our control, including the availability of financing in the U.S. banking and capital markets. If our cash flows and capital resources are insufficient to fund our debt service obligations, we may be forced to reduce or delay capital expenditures, sell assets, seek additional capital, or restructure or refinance our indebtedness. We cannot assure you that future borrowings will be available to us in an amount sufficient to enable us to service our indebtedness, to refinance our indebtedness, or to fund our other liquidity needs. Even if refinancing indebtedness is available, any refinancing of our indebtedness could be at higher interest rates and may require us to comply with more onerous covenants that could further restrict our business operations. In addition, our bitcoin strategy anticipates that we may issue additional debt in future periods to finance additional purchases of bitcoin, but if we are unable to generate sufficient cash flow to service our debt and make necessary capital expenditures, we may be required to sell bitcoin. These alternative measures may not be successful and may not permit us to meet our scheduled debt service obligations or our financial covenants, which could cause us to default on our debt obligations. In addition, any failure to make payments of interest and principal on our outstanding indebtedness on a timely basis would likely result in a reduction of our credit rating, which could harm our ability to incur additional indebtedness.

Read in the 10-K filed Feb 27, 2026 ↗

Additionally, the Inflation Reduction Act of 2022 introduced a 1% excise tax on certain share repurchases, which has increased the costs associated with repurchasing shares of our common stock. Even if our share repurchase programs are fully implemented, they may not enhance long-term stockholder value or may not prove to be the best use of our cash. Share repurchases could have an impact on our share trading prices, increase the volatility of the price of our common stock, reduce the market liquidity for our common stock or reduce our available cash balance such that we will be required to seek financing to support our operations.

Read in the 10-K filed Feb 27, 2026 ↗

In connection with the execution of the TAE Merger Agreement, TMTG issued TAE an unsecured convertible promissory note on December 18, 2025 (the “Convertible Note”), pursuant to which TMTG has agreed to fund TAE $200 million within five business days of the date of the Convertible Note, and, upon request from TAE, up to an additional $100 million upon TMTG’s initial filing of a registration statement on Form S-4 in connection with the TAE Merger. The Convertible Note has an interest rate of 7% per annum and is due and payable upon the earlier of (i) the second anniversary of the initial funding date thereof, or (ii) the termination of the Convertible Note for any other reason prior to a maturity date.

Read in the 10-K filed Feb 27, 2026 ↗