柯达 2024年度报告

Indicate by check mark if the Registrant is not required tofile reports pursuant to Secon 13 or 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the Registrant: (1) hasfiled all reports required to befiled by Secon 13 or 15(d) of the Securies Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the Registrant was required tofile such reports), and (2) has beensubject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the Registrant has submied electronically every Interacve Data File required to be submied pursuant to Rule405 of Regulaon S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required tosubmit suchfiles).Yes☒No☐ Indicate by check mark whether the Registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, smaller reporngcompany, or an emerging growth company. See the definions of “large acceleratedfiler,” “acceleratedfiler,” “smaller reporng company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transion period for complyingwith any new or revisedfinancial accounng standards provided pursuant to Secon 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant hasfiled a report on and aestaon to its management’s assessment of the effecveness of itsinternal control overfinancial reporng under Secon 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounngfirm that prepared or issued its audit report.☒ If securies are registered pursuant to Secon 12(b) of the Act, indicate by check mark whether thefinancial statements of the Registrantincluded in thefiling reflect the correcon of an error to previously issuedfinancial statements.☐ Indicate by check mark whether any of those error correcons are restatements that required a recovery analysis of incenve-basedcompensaon received by any of the Registrant’s execuve 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). Yes☐No☒The aggregate market value of the vong and non-vong common equity held by non-affiliates of the Registrant, based on the closing price ofthe shares of Common Stock on June 28,2024, was approximately $345million. The number of shares of Registrant’s Common Stock outstanding as of March 6, 2025 was80.6million. DOCUMENTS INCORPORATED BY REFERENCE Porons of the definive Proxy Statement for the Registrant’s Annual Meeng of Shareholders to be held on May 21,2025 have beenincorporated by reference into Part III of this Annual Report on Form 10-K. Eastman Kodak CompanyForm 10-KDecember 31, 2024 Table of Contents Part I Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved StaffCommentsItem 1C.CybersecurityItem 2.ProperesItem 3.Legal ProceedingsItem 4.Mine Safety DisclosuresInformaon About Our Execuve Officers Part II Item 5.Market for Registrant's Common Equity, Related Stockholder Maers and Issuer Purchases of Equity Securies31Item 6.Reserved32Item 7.Management's Discussion and Analysis of Financial Condion and Results of Operaons33Liquidity and Capital Resources41Item 7A.Quantave and Qualitave Disclosures About Market Risk51Item 8.Financial Statements and Supplementary Data52Item 9.Changes in and Disagreements With Accountants on Accounng and Financial Disclosure115Item 9A.Controls and Procedures115Item 9B.Other Informaon116Item 9C.Disclosure Regarding Foreign Jurisdicons that Prevent Inspecons116 Part III Item 10.Directors, Execuve Officers and Corporate Governance117Item 11.Execuve Compensaon117Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Maers118Item 13.Certain Relaonships and Related Transacons, and Director Independence118Item 14.Principal Accountant Fees and Services118 Part IV Item 15.Exhibits and Financial Statement SchedulesIndex to ExhibitsItem 16.Form 10-K SummarySignatures 119120124125 PART I ITEM 1. BUSINESS When used in this report, unless otherwise indicated, “we,” “our,” “us,” the “Company” and “Kodak” refer to the consolidatedcompany on the basis of consolidaon described in Note 1 to the consolidatedfinancial statements in Part II, Item 8, “FinancialStatements and Supplementary Data” of this Form 10-K Report. Kodak is a global manufacturer focused on commercial print and advanced materials and chemicals. With 79,000 patents earnedover 130 years of research and development ("R&D"), Kodak believes in the power of technology and science to enhance what theworld sees and creates. Kodak's innovave, award-winning products, combined with its customer-first approach, make us thepartner of choice for commercial printers worldwide. Kodak is commie