The company depends on third-party suppliers for raw materials, which have limited sources and supply quantities, and over which the company has limited control. It has supply and quality agreements with the manufacturer; however, these terms may change, or supply may be withheld. If the manufacturer fails to meet its obligations, the company may need to find alternative manufacturers, which may not be feasible on reasonable terms or within a timely manner. Transitioning to new manufacturers requires verification of compliance with quality standards and regulations, which could result in production and distribution delays.
Solana's Comment on Supply Chain
The company depends on third-party suppliers for raw materials, which have limited sources and supply quantities, and over which the company has limited control. It has supply and quality agreements with the manufacturer; however, these terms may change, or supply may be withheld. If the manufacturer fails to meet its obligations, the company may need to find alternative manufacturers, which may not be feasible on reasonable terms or within a timely manner. Transitioning to new manufacturers requires verification of compliance with quality standards and regulations, which could result in production and distribution delays.
Sources:
Solana Company's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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