Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 29

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 29
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 in our communities. We also offer paid community service time. Metrics used in human capital management include
average employee tenure and annual turnover rate. We believe that our relations with our employees are good. We are not a party to any
collective bargaining agreement.

Available Information 

Our internet address is www.consumerportfolio.com.
We make available free of charge on our internet web site our annual report on Form 10-K, quarterly reports on Form 10-Q, current
reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, as amended, as soon as reasonably practicable after we electronically file such material with, or furnish it to,
the Securities and Exchange Commission.

Item 1A. RISK FACTORS

We are subject to various risks that may materially harm our business,
prospects, financial condition and results of operations. An investment in our common stock is speculative and involves risk. In evaluating
an investment in shares of our common stock, you should carefully consider the risks described below, together with the other information
included in this Annual Report on Form 10-K.

The risks described below are not the only risks we face. If any
of the events described in the following risk factors actually occurs, or if additional risks and uncertainties later materialize that
are not presently known to us or that we currently deem immaterial, then our business, prospects, results of operations and financial
condition could be materially adversely affected. In that event, the trading price of our common stock could decline, and you may lose
all or part of your investment in our shares. The risks discussed below include forward-looking statements, and our actual results may
differ substantially from those discussed in these forward-looking statements. See "Cautionary Note Regarding Forward-Looking Statements."

 16 

Risks Related to Our Business

We Require a Substantial Amount of Cash to Service Our Substantial
Debt.

To service our existing substantial
indebtedness, we require a significant amount of cash. Our ability to generate cash depends on many factors, including our successful
financial and operating performance. Our financial and operational performance depends upon a number of factors, many of which are beyond
our control. These factors include, without limitation:

·the economic and competitive conditions in the asset-backed securities market;

·the performance of our current and future automobile contracts;

·the performance of our residual interests from our