Company: NOTV
Filing Date: 2025-12-05
Form Type: 10-K
Source: 0001628280-25-055483
Chunk: 12

Company: Inotiv, Inc.
Filing Date: 2025-12-05
Form: 10-K
Item: Item 1A
Chunk 12
---
 or results of operations. For example, following the 2025 Cybersecurity Incident, we were named as a defendant in three putative class action lawsuits relating to the 2025 Cybersecurity Incident pending in the United States District Court for the Northern District of Indiana (collectively the "Privacy Class Actions"), each 

27

of which seeks monetary and injunctive relief. Depending on future developments, we could face additional claims, governmental investigations or enforcement actions, and other related costs and expenditures, any of which could have an adverse effect on our business, financial condition or results of operations. Our coverage related to our insurance policies, which includes cybersecurity, might not be adequate to compensate us for all losses that may occur. 

Refer to Note 15 - Contingencies and Commitments in Part II, Item 8 for further discussion of the 2025 Cybersecurity Incident and the Privacy Class Actions.

Hardware or software failures, delays in the operations of our computer and communications systems or the failure to implement system enhancements have in the past, and could in the future, harm our business.

We operate large and complex computer systems that contain significant amounts of client data. Our success depends on the efficient and uninterrupted operation of our computer and communications systems. A failure of our network or data gathering procedures, including as a result of the 2025 Cybersecurity Incident or similar future incidents, have in the past, and could in the future, impede the processing of data, delivery of databases and services, client orders, product shipments and day-to-day management of our business and have  in the past, and could in the future, result in the corruption or loss of data. While we have disaster recovery plans in place for our operations, they might not adequately protect us. Damage from fire, floods, hurricanes, power loss, telecommunications failures, computer viruses, break-ins and similar events at our facilities could result in interruptions in the flow of data to our servers and from our servers to our clients. In addition, failure by our computer environment to provide our required data communications capacity has in the past, and could in the future, result in interruptions in our service. In the event of a delay in the delivery of data, we could be required to transfer our data collection operations to an alternative provider of server hosting services, which may not be available on terms favorable to us or on a timely basis, and could result in delays in our ability to deliver our products and services to our clients. Additionally, significant delays in the planned delivery of system enhancements, improvements and inadequate