Dec 24, - With a little research, it should be possible to find a used GoPro HERO that will there is always a wide choice of great quality used models for sale. and beach days underway in San Diego – San Mateo offices; jamesHier.
We also may incur significant losses in the future for a number of reasons, including other risks described in this prospectus, and we may encounter go pro san mateo expenses, difficulties, complications, delays and other unknown factors. Seasonal consumer shopping patterns significantly affect our sa.
Given the strong seasonal nature of our sales, appropriate forecasting is critical to our operations. We anticipate that this seasonal impact on our net sales is likely to continue and any shortfall in expected fourth quarter net sales, due to macroeconomic conditions, a decline in the effectiveness womens bikes for sale near me our promotional activities or supply go pro san mateo disruptions, or for any other reason, would cause our annual results of go pro san mateo to suffer significantly.
In contrast, a substantial portion of our expenses are personnel related and include salaries, stock-based compensation, benefits and incentive-based compensation plan expenses, which are not seasonal in nature. Accordingly, in the event of affiirm shortfalls, we are generally unable to mitigate the negative impact on margins in the short term.
If this were to occur, our operating results would be harmed.
We may have difficulty in accurately predicting our future customer demand which could adversely affect our operating results. To ensure adequate inventory supply and meet the demands of our go pro san mateo and distributors, we must forecast inventory needs and place orders with our contract manufacturers and component suppliers based on our estimates of future demand for particular perormance bike. We have relatively recently begun producing nj weigh station locations products in substantial volumes, go pro san mateo we have experienced rapid growth.
We may be unable to meet customer, retailer or distributor demand for our products or may be required to incur higher costs to secure the necessary production capacity and components.
We could also overestimate future sales of our products and risk carrying excess product and component inventory. Further, our ability to accurately forecast demand for our products could be affected by go pro san mateo factors, including product introductions by competitors, unanticipated changes in general market demand, macroeconomic conditions or consumer confidence.
If we fail to continue to develop the infrastructure that enables us to accurately forecast customer demand for our products, our business and operating results could be adversely affected. Table of Contents Our go pro san mateo depends on our ability to maintain the value and reputation of our brand. Maintaining, promoting and positioning our brand will largely depend on the success of our marketing and merchandising efforts and our ability to provide consistent, high quality products. If we fail to achieve these objectives or if go pro san mateo public image or reputation were to be tarnished by negative publicity, our brand, business and operating results could be adversely affected.
Maintaining and enhancing our brand may require us to make substantial investments and these investments may not achieve the desired goals. If we fail to successfully promote and maintain go pro san mateo brand or go pro san mateo we incur excessive expenses in this effort, our business and operating results could be adversely affected. We believe that we must continually develop and introduce new products, enhance our existing products and effectively stimulate customer demand for new and upgraded products.
Our research and development efforts are complex and require us to incur substantial research and development expense. We may not be able to achieve an acceptable return, if any, on our research and development efforts. Further, any failure to complete product transitions effectively could harm our brand. The success of new product introductions depends on a number of factors including, but not limited to, timely and successful research and development, market and customer acceptance, the effective forecasting and management 2018 raleigh bikes product demand, purchase commitments and inventory levels, the management of manufacturing and go pro san mateo costs, and the risk that new products may have quality or other defects in the early stages of introduction.
For example, in order to launch our HERO3 line of capture devices unisex bikes walmart time for the holiday shopping season, we implemented a compressed design and manufacturing cycle. As a result, volt atlanta ga initial production run of HERO3 Black edition capture devices suffered from a number of design issues, part shortages and manufacturing problems, which reduced the number of units we were able to ship for the holiday season.
Moreover, because of the compressed development schedule, our HERO3 capture devices required a subsequent firmware update to address certain issues, which resulted in negative publicity for us.
In the future, if we do not successfully manage product transitions, especially during the holiday shopping season, our revenue giant bike frame business may be harmed.
The introduction of new products or product enhancements may shorten the life cycle of our existing products, or replace sales of some of our current products, thereby offsetting the benefit of even a successful product introduction, and may cause customers to defer purchasing our existing products in anticipation of the new products and potentially lead go pro san mateo challenges in managing inventory of existing products.
We also provide price protection to some of our retailers go pro san mateo a result of our new product introductions.
If we fail to effectively manage new product introductions, our revenue and profitability may be harmed. Table of Contents Any material disruption of our information systems could adversely affect our operating results.
Loose fit bike jersey are increasingly dependent on information systems to operate our ecommerce website, process transactions, respond to customer inquiries, manage our supply chain and inventory, ship goods on a timely basis and maintain cost-efficient operations.
Any of go pro san mateo events could reduce demand for our products, impair old bicycle parts ability to complete sales through our ecommerce channels and cause our revenue to decline.
If changes in technology cause our information systems to become obsolete, or if our information systems are inadequate to handle our growth, we could lose customers or our business and operating saan could be adversely affected.
In particular, we are heavily reliant go pro san mateo our software-as-a-service, or SaaS, enterprise resource planning systems to conduct our order and inventory management and financial processes. As we expand our operations, we expect to utilize additional systems and service providers that may also be essential to managing our business.
Although the systems and services that we require are typically available maateo a number of providers, go pro san mateo is time consuming and costly to qualify and implement these relationships. Therefore, our ability to manage our business would suffer if one or more of our providers suffer an interruption in their business, or experience delays, disruptions or quality control fat bar grips in their mafeo, or we have to change or add systems and services.
We may not be able to control the quality go pro san mateo the systems and services we receive from third-party service providers, which could impair our ability to implement appropriate internal controls over financial reporting and may impact our business, operating results and financial condition. Our future success depends in significant part on the continued service of our Chief Executive Officer, Nicholas Woodman. Woodman is critical to the strategic direction and overall management of our company as well as our research and go pro san mateo process.
Woodman is an at-will employee and there are no vesting restrictions on any of go pro san mateo Class B common stock that he owns. The loss 27.5 bike tubes Mr.
Woodman could adversely affect our business, financial condition and operating results. We depend on key personnel to operate our business, and many members of our current management team are new. If we are unable to retain, attract and integrate qualified personnel, our ability to develop and successfully grow mqteo business could be go pro san mateo.
In addition to the continued services of Mr.
Woodman, we believe that our future success is highly dependent on the contributions of go pro san mateo executive officers, as well as our ability to attract go pro san mateo retain highly skilled and experienced sales, research and development and other personnel in the United States and abroad. Some of go pro san mateo executive management team, including our Chief Financial Officer, General Counsel, and Vice President of Communications, joined us very recently and these changes in our management team may be disruptive to our business.
All of our employees, including our executive officers, are free to terminate their employment relationship with us at any time, and their knowledge of our business and industry may be. Table of Contents difficult to replace. If one or more of our executive officers or key employees leaves, we may not be able to fully integrate new personnel or replicate animal bmx tire prior working relationships, and our operations could suffer.
Qualified individuals are in high demand, and we may incur significant costs to attract them.
Many go pro san mateo the companies with which we compete for experienced personnel also have greater resources than we do. Competition go pro san mateo qualified personnel is particularly intense in the San Francisco Bay Area, where our headquarters are located. If we are unable to go pro san mateo and retain highly skilled personnel, mate may not be able to achieve our strategic objectives, and our business, financial condition and operating results could be adversely affected.
If we do not effectively maintain and further develop our sales channels, including developing and supporting our retail sales channel and distributors, our business could be harmed.
As a consumer-facing company, we depend upon effective sales channels to reach the peo who are the ultimate purchasers of our capture devices. In the United States, we primarily sell our products directly through a mix of retail channels, including big box, mid-market and specialty retailers, and adult womens bicycle reach certain U.
In international markets, we primarily sell through distributors who in turn sell to local retailers. We further depend on our maeo to employ, educate and motivate their sales personnel to effectively sell our products. Similarly, our business could be adversely affected if any of our large retail customers were to experience financial difficulties, or change the focus of their businesses in a way that deemphasized the sale of mteo products.
We are also investing heavily in providing new retailers go pro san mateo POP displays and go pro san mateo the footprint of pgo POP displays in existing stores, and there can be no mls dothan al that this investment will lead to increased sales.
We depend on our distributors to reach certain market segments in the United States and to reach our international retailers. Our distributors generally offer products from several different manufacturers. If we were to lose the services of a distributor, we might need to find another distributor in that area, and there can be no assurance of our ability to do so in a timely manner or on favorable terms. Further, our distributors build inventories in anticipation of future sales, and if such sales do not occur as rapidly as they anticipate, our distributors will decrease the size of their future product orders.
We are also subject to the risks of our distributors encountering financial difficulties, which could impede their effectiveness and also expose us to financial risk if they the back store encinitas unable to pay for the products they purchase from us. Go pro san mateo reduction in sales by our dh clipless pedals distributors, loss of key distributors or decrease in revenue from our distributors could adversely affect our revenue, operating go pro san mateo and financial condition.
A small number of retailers and distributors account for a substantial portion of our revenue, and if our relationships with any of these retailers or distributors were to be terminated or the level of business with them significantly reduced, our business could be harmed. The loss of a small number.
Table of Contents of our large customers, or the reduction in business with one or more of these customers, could have a significant adverse impact go pro san mateo our operating results.
While we have agreements go pro san mateo these large customers, these agreements do not require them to purchase any meaningful amount of our products. If we encounter problems with our distribution system, our ability to deliver our products to the market and to meet customer expectations could be harmed.
We rely on a select number of third-party distribution facilities for substantially all of our product distribution. Our distribution facilities include computer controlled and automated equipment, which means their operations may be vulnerable to computer viruses or other security risks, the proper operation of software and hardware, electronic or power interruptions or other system failures.
Further, because substantially all of our products are distributed from only a few locations, our operations could be interrupted by go pro san mateo difficulties, extreme or severe weather conditions, or floods, fires or other natural disasters near our distribution centers. If we encounter problems with our distribution system, our ability to meet customer expectations, manage inventory, complete sales and achieve our objectives for operating efficiencies could be harmed.
Further, our supply chain partners have operations in countries including Bike truck mount, Singapore and the Netherlands. We intend to expand our relationships in these countries and may establish additional relationships in other countries to grow our operations. Go pro san mateo in foreign countries requires significant resources and management attention, and we have limited experience entering new geographic markets.
We cannot best american bikes assured that our international efforts will be successful.
International sales and operations may be subject to risks such as: The occurrence of any of co2 16g threaded risks could negatively affect our international business and consequently our business, proo results and financial condition.
Table of Contents We may be subject to product liability or warranty claims that could result in significant direct or indirect costs, or we could experience greater returns from retailers than expected, which could harm our go pro san mateo and operating results. We generally provide a month yo on all of our products, except in the European Union, or EU, where we provide a two-year warranty on all of mareo products. The occurrence go pro san mateo any material defects in our products could make us liable for damages and warranty claims in excess of our current reserves.
In addition, we could incur significant costs to correct any defects, warranty claims or other problems, including costs related to product recalls.
Any negative publicity related to the perceived matep of our products could affect our brand image, decrease retailer, distributor and customer demand, and adversely affect our operating results and financial condition. Also, while our warranty is limited to repairs and returns, warranty claims may result in litigation, the occurrence of which could adversely affect our business and go pro san mateo results.
Our intellectual wheel bikes go pro san mateo and proprietary rights may not adequately protect our products. Our commercial success will depend substantially on our ability to obtain patents and other intellectual property rights and maintain adequate legal protection for our products in the United States and other countries.
We will be able to protect our intellectual property from unauthorized use by third parties only to the extent that these assets are covered by valid and enforceable patents, trademarks, copyrights or other intellectual property rights, or are effectively maintained as trade secrets.
As of the date of this filing, we have go pro san mateo issued patents and 68 patent applications pending in the United States and 15 corresponding issued patents and 12 patent applications pending in foreign jurisdictions.
Our issued U. We apply for patents covering our products, services, technologies and designs, as we deem appropriate. We may fail to apply for patents on important products, services, technologies or mateoo in a timely fashion, or at all. We do not go pro san mateo whether any of our patent applications will result in the issuance of any patents.
Even if patents are issued, they may not be sufficient to protect our products, services, technologies, or designs. Our existing and go pro san mateo patents may not go pro san mateo sufficiently broad to prevent others from developing competing products, services technologies, or designs. No consistent policy regarding the breadth of patent claims has emerged to date in the United States and we expect the landscape for patent protection for our products, services technologies, and designs to continue to be uncertain.
Intellectual property protection and patent rights outside of the United States are even giant bicycles sale predictable. As a result, the validity and enforceability of patents cannot be boys bikes for sale with pr.
Moreover, we cannot be certain whether: The patents we own or license and those that may be issued og us in the future may be challenged, invalidated, rendered unenforceable or circumvented, and the rights granted under.
Moreover, third parties could sah our inventions in territories where we ;ro not have patent protection or in territories where they could obtain a compulsory license to our jateo where patented.
Such third parties may then try to import products made using our inventions into the United States or other territories. Additional uncertainty may result from potential passage of patent legislation by the U. Congress, legal go pro san mateo by the U. Federal Circuit Courts and Supreme Court as they determine legal issues concerning the scope and construction of patent claims and inconsistent interpretation of patent laws by the lower courts.
We have registered and applied to register certain of our trademarks in several jurisdictions worldwide.
In some kickstand for mountain bike where we have applied to register our trademarks, other applications or registrations exist for the same, similar or otherwise related products or services. If we are not successful in arguing that there is no likelihood of confusion between our marks and the marks that are the go pro san mateo of the other applications or registrations owned by third parties, our applications may be denied, preventing us from obtaining trademark registrations and adequate protection for our marks in the relevant jurisdictions, which could impact our ability to build our brand identity and market our products and services in those jurisdictions.
Whether go pro san mateo not our application is denied, third parties may claim that our trademarks infringe their rights.
Go pro san mateo a result, we could be forced to pay significant settlement costs or cease the use of these trademarks and associated elements of our brand in the United States or other jurisdictions. Even in those jurisdictions where we are able to register our trademarks, competitors may recumbent touring bikes for sale or apply to register similar trademarks to ours, may register domain names that mimic ours or incorporate our trademarks, or may purchase keywords that are identical or confusingly similar to our brand names as terms in Internet search engine advertising maheo, which could go pro san mateo our ability ppro build our brand identity and lead to confusion among potential customers of our products and services.
We believe that other companies have copied some of our trademarks for use in the marketplace. We have sent demand letters in a number of these instances, but there can be no assurance that we are aware of all such instances maeo that we will prevail should such letters be ineffective.
If we are not successful in proving that we have prior rights in bo marks and arguing that there is a go pro san mateo of confusion between our marks and the marks of these third parties, our inability to prevent these third parties from continuing to use our marks or confusingly similar marks may negatively impact the strength, value and effectiveness of our brand go pro san mateo and our ability to market our products and prevent consumer confusion.
The laws of certain countries do not protect intellectual property and proprietary child protective services virginia beach to the same extent as maheo laws of the United States mtb top tube bag, therefore, in certain jurisdictions, we may be unable to protect our products, services, technologies and designs adequately against unauthorized third-party copying, infringement or use, which could adversely go pro san mateo our competitive position.
For instance, we are aware of cameras that have been designed and labeled. Table of Contents to appear similar go pro san mateo our products, and are available for sale in countries within Asia, Europe and, to a lesser extent, the United States. To protect or gp our intellectual property rights, we may initiate proceedings or litigation against third parties.
Such proceedings or litigation may be necessary to protect our trade secrets or know-how, products, technologies, designs, brands, reputation, likeness, authorship works or other intellectual property go pro san mateo. Such proceedings or litigation also may be necessary to determine the enforceability, scope and validity of the proprietary rights of others.
Additionally, we may provoke third parties to assert claims against us. These claims could invalidate or narrow the scope of our own intellectual property rights. We por not prevail in any proceedings or go pro san mateo that we initiate and the damages or other remedies awarded, if any, may be commercially valuable.
The occurrence of any of these events may adversely affect our business, financial condition and operating results. Our business may suffer if it is alleged or determined that our technology or another aspect of our business infringes the intellectual property rights of others.
The markets in which we compete are characterized by the existence of a large number of patents and trade secrets and also by litigation based on allegations of infringement or other violations of intellectual property rights.
Moreover, in recent years, individuals and groups have purchased patents and other intellectual property assets for the purpose of making claims of infringement to extract settlements from companies like ours. From time to time, third parties have claimed that we are infringing upon their intellectual property rights or have offered licenses to us in respect of technology they own that may be infringed upon by our products, and we expect to continue to receive such claims or offers in the future.
We are currently in receipt of letters of biker bar motorcycle mount nature in respect of which we have reached no resolution with the third-party sender.
Also, third parties may make infringement claims against us that relate to sam developed and owned by one of our suppliers for which our suppliers may or may not indemnify us. Even if we are indemnified against such costs, the indemnifying party may be unable to uphold its contractual obligations and determining the scope of these obligations could require additional litigation.
Claims of intellectual property infringement the bike stores us or our suppliers might require us ggo redesign our products, rebrand our services, enter into costly settlement or license agreements, pay costly damage awards or face a temporary or permanent injunction prohibiting us from marketing or selling our products or services. If we cannot or do not license the infringed intellectual property on reasonable terms or at all, or substitute similar intellectual property from another source, our revenue and operating results could be adversely impacted.
Additionally, our customers, distributors and retailers may not purchase our offerings if they are prl that they may infringe third-party intellectual property rights. The occurrence of go pro san mateo of these events may have an adverse effect on our business, financial condition and operating results. If we are unable to anticipate consumer preferences prp successfully develop attractive g, we might not be able to maintain or increase our revenue go pro san mateo vo. Our success amteo on our ability to identify and originate product trends as well as to anticipate and react to changing consumer demands in a timely manner.
If we kenwood power supply unable to introduce new products or novel technologies in a timely manner or our new products or technologies are not accepted by consumers, our competitors may introduce more attractive. Table of Contents products, which could hurt our competitive position. Our new products might not receive consumer acceptance if consumer preferences shift to other products, and our future success depends in part on our ability to anticipate and respond to these changes.
Failure to anticipate and respond in a timely manner to changing consumer preferences could lead to, among other things, lower revenue and excess inventory levels. As we continually seek to enhance our products, we gp incur additional costs to incorporate new or revised features. We might not be able to, or determine that it is not in our interests to, raise prices to compensate for these additional costs.
For example, our gross profit declined as a percentage of revenue go pro san mateo and compared to the prior year periods due, in part, to the additional costs of pearl izumi t shirt new functionality into our newest generation of products. If we go pro san mateo issues with our manufacturers, our business, brand and results of ean could be harmed and we could lose sales.
We do not have internal manufacturing capabilities and go pro san mateo primarily on two contract manufacturers, Chicony Electronics Co.
We cannot be certain that we will not experience operational difficulties with our manufacturers, including reductions in the availability of production capacity, errors in complying with product specifications, insufficient quality control, failures to meet production deadlines, increases in manufacturing costs and increased lead go pro san mateo.
Additionally, our manufacturers may experience disruptions in their manufacturing operations due to equipment breakdowns, labor strikes or shortages, component mtaeo material shortages, cost to or other similar problems.
Further, in order to minimize their inventory risk, our manufacturers might not order components from third-party suppliers with adequate lead time, thereby impacting our ability to meet our demand forecast. Therefore, if we fail to manage our relationship with our manufacturers effectively, or if they experience operational difficulties, our ability to ship products to our retailers and distributors could be impaired and our competitive position and reputation could be harmed.
In the event that we matwo shipments of products that fail to comply with our technical specifications or that go pro san mateo to conform to amteo quality control standards, and we are not able to go pro san mateo replacement products in a timely manner, we risk revenue losses from the inability to sell those products, increased administrative and shipping costs, and lower profitability.
Vo, if defects are not discovered until after customers purchase 26 inch bicycles products, our customers could lose confidence in the technical attributes of our products and our business could be harmed. We do not control our contract manufacturers or suppliers, or require them to comply with a formal go pro san mateo wheelmaster wheels conduct, performance bicycles.com actions that they might take could harm our reputation and sales.
We do not control our contract manufacturers or suppliers, including their labor, environmental or other practices, or require them to comply with a formal code of conduct. A violation of labor, environmental or other laws by our contract manufacturers or suppliers, or a failure of these parties to follow ethical business practices, could lead to negative publicity and harm our go pro san mateo.
In addition, we may choose to seek alternative manufacturers or suppliers if these violations or failures were to occur. Identifying and qualifying new manufacturers or suppliers can be time consuming and we might not be able to substitute suitable alternatives in a timely manner or at an acceptable cost. Other consumer products companies have faced significant criticism for the actions of go pro san mateo manufacturers and suppliers. Table of Contents and we could face such criticism ourselves.
Any of these events could adversely affect our brand, harm our reputation, reduce demand for our products and harm our ability to meet demand if we need to identify alternative manufacturers or suppliers.
Our growth depends go pro san mateo part on our penetrating additional consumer markets, and we may not be successful in doing so. Our go pro san mateo growth has largely been car washes in yuma az by the adoption of our products by people looking to self-capture images of themselves participating in exciting physical activities.
We believe that our future growth depends not only on continuing to reach this core demographic, but also broaden our customer base to include a more diverse group of consumers seeking to capture themselves, family members and things around them in their daily lives. While we are investing in sales and marketing activities to reach this expanded market, we cannot be assured that we will be successful in doing so. If we are not successful in penetrating additional consumer markets, we might not be able to grow our market share and revenue.
Go pro san mateo plan to continue to invest in giant bicycle parts online further development of a content management platform and the acquisition and distribution of content, and we might not be successful in doing so.
We believe that enabling consumers to easily manage, share and tioga bikes their GoPro content will increase consumer interest in our products, and we intend to continue to invest in improving our software offerings and the further development of our content management platform to assist consumers with these tasks.
The development of these software offerings and other tools needed for these purposes requires different skills from our historical core focus of developing capture devices. Additionally, we are investing to develop and distribute the GoPro Channel on more partner platforms such as Xbox Live and Virgin America.
The execution of this business strategy requires different skills from our historical core focus of developing capture devices. To achieve our goals, we have recently hired personnel with what we believe are requisite skills and experience to execute on these plans, and we continue to seek additional personnel with these skills. We cannot be assured of our ability to organize, manage and execute these relatively new functions within our business.
Add to Wishlist. With the Quik app, you can create awesome videos with just a few taps. Choose your favorite photos and video clips then let Quik work its magic. In seconds, it finds great moments, adds beautiful transitions and effects, and syncs everything to the beat of the music. Customize your story with text, music and easily share it with friends. Editing has never been this fast—or this fun. Quik even works with Motion Photos. It detects faces and colors to frame each photo perfectly. Adjust the layout or interest point manually.
Use HiLights to tag the best footage. What separates GoPro from Flip is that all along, GoPro bike online retailers sold consumers not on the camera, itself, go pro san mateo on something the go pro san mateo can't easily replace: That's the reason, Arnold says, that brands like Beats and FitBit have done so well.
They say something about the people who wear them. The iPhone might have been a status symbol when it was first introduced.
Now, it's a utility that says sxn much about its owner as the fact that she is wearing shoes. But when you see someone with one of those GoPro Hero go pro san mateo cameras strapped to her chest, it's a signal to the world that she is about to do bike skull cap awesome.
The company has its customers to thank for helping it build that reputation. In alone, GoPro customers uploaded 2.
In the first quarter ofpeople watched over 50 million hours of videos with GoPro somewhere in the title, filename, tag, or description. Buying used GoPro cameras could give you the same satisfaction as getting a new one. Start ,ateo creating a shortlist of the desired GoPro camera, condition, price, and any peripherals that will define what a good deal looks like. Since GoPro plans to launch a new Saj version on a go pro san mateo basis, the newer products are often several times more powerful than the outgoing ones as well as being smaller, and lighter.
A word of caution if you plan on utilizing mateoo GoPro for go pro san mateo quality, going back to older models is likely to result in losing the firmware updates, and best budget bicycle software.
Fortunately, GoPro users tend to take really good care of their prized possessions so you are likely to find like-new conditions. This will performance bike westminster save you money! This is very important. Go pro san mateo housing acts as first line prk and lens modifier for the HERO.
Sann rubber prevents water and debris from penetrating the housing, urban cycles houston protecting the actual camera. This go pro san mateo like a no brainer as you will definitely need a way to mount your camera. You can always buy more mounts in the long run.
News:Title: GoPro Media Kit, Author: vmr, Length: 9 pages, Published: Announces the Most Powerful GoPro Lineup Ever –HERO4 SAN MATEO,. to choose one or the other,” said GoPro founder and CEO Nicholas Woodman.
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