Company: EVLVW
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001628280-25-020353
Chunk: 404

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 2
Chunk 404
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 have not occurred at all, which can significantly impact our quarterly financial results and make it more difficult to meet market expectations. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Critical Accounting Policies — Revenue Recognition.”

We also regularly assess our sales and fulfillment models to ensure they align with customer preferences, operational scalability, and long-term business objectives. We expect our revenue, gross profit, gross margin, and overall profitability in any given fiscal period to be influenced by customer demand for our various sales and fulfillment models as 

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well as any future strategic management decisions affecting our sales and fulfillment models that may result from such assessments. Any failure to successfully adjust to changes in customer demand for our various sales and fulfillment models or implement strategic decisions relating to these models could have a material adverse impact on our financial results.

In addition to the sales cycle- and sales model-related fluctuations noted above, our financial results, including our billings and deferred revenue, may continue to vary from period to period as a result of numerous factors, many of which are outside of our control and may be difficult to predict, including:

•our ability to attract and retain new customers;

•our ability to sell additional Evolv products to existing customers; 

•unforeseen changes or delays in our supply chain or third-party manufacturing partners;

•our ability to expand into adjacent and complementary markets;

•changes in customer or reseller partner requirements or market needs;

•changes in the growth rate of the next-generation security screening market;

•the timing and success of new product introductions by us or our competitors, or any other change in the competitive landscape of the next-generation security screening market, including consolidation among our customers or competitors or significant price competition;

•a disruption in, or termination of, any of our relationships with reseller partners;

•our ability to successfully expand our business globally;

•reductions in customer retention rates, especially at subscription term expiration;

•changes in our pricing policies or those of our competitors;

•changes in financial markets or macroeconomic conditions, including, for example, due to the effects of  recessionary trends,  slow economic growth, or political elections in the United States and abroad, inflation and high interest rates, fuel prices, international currency fluctuations, tariffs, corruption, political instability, continuing social concerns and divisions in the United States and abroad, acts of war, including the conflicts  in Europe and the Middle East, and acts of terrorism, both domestic and international;

•future accounting pronouncements or