Mitek Systems Inc 2024年度报告

Form 10-K Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theYesNo 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 suchreports), and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files).YesNo Indicate by a check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated FilerAccelerated FilerNon-Accelerated FilerSmaller Reporting CompanyEmerging 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 theeffectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its auditreport. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included 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). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo The aggregate market value of the voting stock held by non-affiliates of the registrant, based upon the closing sale price of theregistrant’s common stock on March 31, 2024, the last business day of the registrant’s most recently completed second fiscalquarter, as reported on the Nasdaq Capital Market, was approximately $622,633,680. Shares of stock held by officers and directorshave been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily aconclusive determination for other purposes. The registrant does not have any non-voting stock issued or outstanding. There were 44,917,357 shares of the registrant’s common stock outstanding as of November 29, 2024. DOCUMENTS INCORPORATED BY REFERENCE Important Note About Forward-Looking Statements Part I Item 1.Business1Item 1A.Risk Factors7Item 1B.Unresolved Staff Comments21Item 1C.Cybersecurity21Item 2.Properties22Item 3.Legal Proceedings22Item 4.Mine Safety Disclosures22 Part IIItem 5.Market for Registrant’s Common Equity, Related Stockholder Matters and IssuerPurchases of Equity Securities23Item 6.[Reserved]24Item 7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations25Item 7A.Quantitative and Qualitative Disclosures About Market Risk33Item 8.Financial Statements and Supplementary Data33Item 9.Changes in and Disagreements with Accountants on Accounting and FinancialDisclosure33Item 9A.Controls and Procedures33Item 9B.Other Information36Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections37 IMPORTANT NOTE ABOUT FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K, including the “Management’s Discussion and Analysis ofFinancial Condition and Results of Operations,” contains “forward-looking statements” that are oftenidentified by the use of future events and future results that are subject to the safe harbors created underthe meaning, that involve risks and uncertainties, as well as assumptions that, if they never materialize orprove incorrect, could cause our results to differ materially and adversely from those expressed or impliedby such forward-looking statements. Statements that are not purely historical are forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of theSecurities and Exchange Act of