Aterian(ATER)2025-03-25 20:11Revenue Generation - In 2023, approximately 88% of the company's revenue was generated through the Amazon sales platform, increasing to 92% in 2024[23] - Sales outside of the U.S. represented approximately 4% of net revenue in 2023 and increased to 6% in 2024[204] Financial Obligations - The outstanding indebtedness under the Credit Facility as of December 31, 2024, was $6.9 million, with an interest rate of Term SOFR plus 5.60%[203] Growth Strategy - The company intends to pursue growth through strategic acquisitions of brands that integrate well with its business model[20] Technology and Operations - The company shifted its technology platform to an integrated third-party model in February 2024, moving away from a fully internally developed model[22] - The company operates primarily through online retail channels, with a focus on e-commerce platforms like Amazon, Walmart, and its own websites[15] - The company does not maintain long-term purchase contracts with suppliers, operating mainly on a purchase order basis, with 39 suppliers in total[26] Workforce - The company has 97 full-time employees and 28 independent contractors as of December 31, 2024[36] Economic Impact - The company does not believe that inflation had a material effect on its business for the years ended December 31, 2023, and 2024[205] Intellectual Property - The company relies on a combination of trade secrets, trademarks, and licensing arrangements to protect its intellectual property, rather than pursuing patents[21]