CSP Inc 2023年度报告

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.Yes⌧No⌧. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes⌧No⌧. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and"emerging growth company" in Rule 12b-2 of the Exchange Act. Accelerated filer⌧ Large accelerated filer⌧ Smaller Reporting Company☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.⌧ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness ofits internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report. ☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements. ☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐ The aggregate market value of the registrant’s common stock held by non-affiliates of the registrant was $158,179,808, based on theclosing sale price of $18.46 as reported on the Nasdaq Global Market on March 31, 2024. As of December 19, 2024, we had outstanding 9,882,613 shares of common stock. DOCUMENTS INCORPORATED BY REFERENCE Certain portions of the information required in Part III of this Form 10-K are incorporated by reference from our definitive proxystatement for our 2024 annual meeting of stockholders to be filed with the Securities and Exchange Commission within 120 days after the end ofour fiscal year ended September 30, 2024. TABLE OF CONTENTS PART I.Item 1.Business2Item 1A.Risk Factors8Item 1B.Unresolved Staff Comments16Item 1C.Cybersecurity17Item 2.Properties18Item 3.Legal Proceedings18Item 4.Mine Safety Disclosures18PART II.Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity Securities18Item 6.[Reserved]19Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 8.Financial Statements and Supplementary Data30Item 9.Change in and Disagreements with Accountants on Accounting and Financial Disclosures31Item 9A.Controls and Procedures31Item 9B.Other Information34Item 9C.Disclosure Regarding Foreign Jurisdiction that Prevent Inspections34PART III.Item 10.Directors, Executive Officers and Corporate Governance34Item 11.Executive Compensation34Item 12.Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters34Item 13.Certain Relationships and Related Transactions and Director Independence35Item 14.Principal Accountant Fees and Services35PART IV.Item 15.Exhibits and Financial Statement Schedules35Item 16.Form 10-K Summary37 Note: Items 1B and 7A are not required for Smaller Reporting Companies and therefore are not furnished. Special Note Regarding Forward-Looking Statements This annual report on Form 10-K contains forward-looking statements within the meaning of Section 27Aof the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.This information may involve known and unknown risks, uncertainties and other factors that are difficult to predictand may cause our actual results, performance or achievements to be materially different from future results,performance or achievements expressed or implied by any forward-looking statements. The discussion belowcontains certain forward-looking statements related but not limited to, among others, statements concerning futurerevenues and future business plans. Forward-looking statements include statements in which we use words such as“expect,” “believe,” “anticipate,” “intend,” “estimate,” “should,” “could,”