Risk Sleuth
CYRX · 10-K filed 5 Mar 2026 · year to 31 Dec 2025

Cryoport

31 named things its latest annual report says its results depend on, each in the company's own words. 12 of them are also named by other companies we've read.

Customers

Unnamed largest customer (Life Sciences Services)

earns from · 10.2% of our total revenue
During the year ended December 31, 2025, one customer in our Life Sciences Services reportable segment accounted for 10.2% of our total revenue.Business (Item 1)

Also named by ENPH

Moffitt Cancer Center

earns from
Strategic collaboration with Moffitt Cancer Center, Tampa, Florida; awarded exclusive BioStorage services rightsBusiness (Item 1)

Suppliers

Sole-source component suppliers

depends onnamed as a risk
We currently acquire various component parts for our solutions from various independent manufacturers, some of which are sole sourced.Risk factors (Item 1A)

Also named by CW, ONDS, ONTO, POWL, TER, WDC, ZBRA

Partners and platforms

DHL Supply Chain International Holding B.V. (DHL)

$133.0 million
During the second quarter of fiscal year 2025, we completed the divestiture of our specialty courier CRYOPDP business to designated affiliates of DHL Supply Chain International Holding B.V. (“DHL”) for $133.0 million.Business (Item 1)

Third-party shipment and carrier services

depends onnamed as a risk
We rely on our distribution system including third-party shipment and carrier services to transport our shippers containing biological material.Risk factors (Item 1A)

Other companies

2026 Convertible Senior Notes

$176.6 millionnamed as a risk
As of December 31, 2025, the estimated fair value of the 2026 Convertible Senior Notes was $176.6 million.Market risk (Item 7A)

Also named by ABNB, OKTA

The Blackstone Group Inc.

250,000 sharesnamed as a risk
In connection with financing our acquisition of MVE Biological Solutions, on October 1, 2020, we completed the sale of 250,000 shares of a newly designated Series C Convertible Preferred Stock, par value $0.001 (“Series C Preferred Stock”), at a price of $1,000 per share, the original purchase price, to funds affiliated with The Blackstone Group Inc., or Blackstone.Risk factors (Item 1A)

MVE reporting unit goodwill impairment

$54.6 millionnamed as a risk
For example, for the year ended December 31, 2024, we recorded non-cash impairment charges of $54.6 million related to the full impairment of the goodwill associated with our MVE reporting unit and $9.2 million related to the impairment of certain trademarks and tradenames.Risk factors (Item 1A)

Cell and gene therapy market

earns from · $33.4 million
Increased revenue from the support of commercial cell and gene therapies by $7.4 million, or 28.6%, to $33.4 million, supporting 20 commercial cell and gene therapies as of December 31, 2025Business (Item 1)

Competitors

World Courier (Cencora)

competes with
Life Sciences Services competition is primarily with specialty couriers, who fall into the category of coopetition and include companies such as World Courier (a Cencora company), UPS Healthcare, Quick (a Kuehne+Nagel company), and Biocair.Business (Item 1)

UPS Healthcare

competes with
Life Sciences Services competition is primarily with specialty couriers, who fall into the category of coopetition and include companies such as World Courier (a Cencora company), UPS Healthcare, Quick (a Kuehne+Nagel company), and Biocair.Business (Item 1)

Azenta Life Sciences

competes with
Life Sciences Products competition is with companies offering cryogenic systems products such as Azenta Life Sciences, Phase 2, and IC Biomedical.Business (Item 1)

American Red Cross

competes with
Competition for our cryopreservation services in particular includes companies such as the American Red Cross and Gift of Life Biologics.Business (Item 1)

Places

Americas

earns from · 74.5
Our geographical revenue, by origin, for the years ended December 31, 2025, 2024 and 2023, were as follows:Business (Item 1)

Also named by BLK, DELL, EMR, FDS, FICO, GGG, GS, HLIO and 6 more

Chengdu, China

operates innamed as a risk
During the course of the COVID-19 pandemic, certain of our facilities experienced disruptions, such as our MVE Biological Solutions manufacturing facility in Chengdu, China that was temporarily impacted by COVID-19 lockdowns in China during the third quarter of 2022, and similar disruptions could occur in the future.Risk factors (Item 1A)

Also named by MPWR

Liège, Belgium

operates in
Introduced in late 2024, the platform currently operates from two purpose-built facilities located in Houston, Texas, and Liège, Belgium, to support global clinical and commercial cell therapy programs.Business (Item 1)

Commodities and inputs

Euro

exposed to its price · 18% of our consolidated revenuesnamed as a risk
For example, for the year ended December 31, 2025, revenue from our international business, which accounted for 18% of our consolidated revenues, increased by $0.9 million in comparison with the same period in the prior year as a result of fluctuations in foreign exchange rates.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Chinese Yuan

exposed to its pricenamed as a risk
Net sales and related expenses generated from our international business are primarily denominated in the functional currencies of the corresponding subsidiaries and primarily include Euros, British Pounds, and Chinese Yuan.Market risk (Item 7A)

Also named by ABT, ASO, BEN, CHRW, CROX, DORM, ESI, EXPD and 13 more

Regulators

U.S. Food and Drug Administration (FDA)

subject tonamed as a risk
Certain of our operations are subject to regulation by the FDA or similar foreign regulatory agencies.Risk factors (Item 1A)

Also named by A, ABBV, ABT, AMGN, ARE, ARWR, ATR, AXGN and 112 more

Federal Aviation Administration (FAA)

subject tonamed as a risk
Additionally, our data logger may be subject to regulation and certification by the FDA, the FCC, and the FAA.Risk factors (Item 1A)

Also named by ACHR, AIR, ALK, AMT, AVAV, BA, BRK/B, CCI and 27 more

China National Medical Products Administration

subject tonamed as a risk
For example, we are aware that China’s National Medical Products Administration has had discussions that may require certain of our products to be registered as Class II medical devices.Risk factors (Item 1A)

Also named by COO, JBL, KVUE, PROF

Laws and programs

General Data Protection Regulation (GDPR)

subject to · up to 4 percent of total company revenuenamed as a risk
The GDPR established new requirements regarding the handling of personal data and includes significant penalties for non-compliance (including possible fines of up to 4 percent of total company revenue).Risk factors (Item 1A)

Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more

U.S. tariffs (Trump administration trade policy)

subject tonamed as a risk
For example, beginning in 2025, the current Trump administration instituted changes in trade policies that included the imposition of higher tariffs on imports into the U.S. and other government regulations affecting trade between the U.S. and other countries where we conduct our business, such as China and the European Union (EU), among others.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

IATA Dangerous Goods Regulations

subject tonamed as a risk
For example, shipments using our solutions may be required to comply with the shipping requirements promulgated by the CDC, the Occupational Safety and Health Organization (“OSHA”), the DOT as well as rules established by the IATA and the ICAO.Risk factors (Item 1A)

21 CFR Parts 210 & 211 (cGMP)

subject to
Storage of biological materials that are classified as drug products for human therapeutic use (either for investigational use or commercially approved) or materials used in the manufacture of drug products for human therapeutic use, is regulated by the FDA under Title 21 Code of Federal Regulations (“CFR”) part 210 & 211.Business (Item 1)

21 CFR Part 820

subject to
MVE is compliant with current GMP regulations which are enforced by the FDA through registration and audit of compliance with 21 CFR Part 820 and GMP.Business (Item 1)

ICAO Technical Instructions

subject to
Our Cryoport Express® and ELITE™ Shippers meet Packing Instructions 602 and 650 and are certified for the shipment of Class 6.2 Dangerous Goods per the requirements of the ICAO Technical Instructions for the Safe Transport of Dangerous Goods by Air and IATA.Business (Item 1)

EU Medical Device Directive (MDD)

subject to
Our MVE Biological Solutions cryogenic stainless-steel freezers and aluminum dewars are certified to the Medical Device Directive (MDD) in the EU.Business (Item 1)

ISO 21973:2020

subject to
All our operations are also certified to ISO 9001:2015 for quality management systems, ISO 13485:2016 for medical devices, where applicable, and ISO 21973:2020 for the transportation of cells for therapeutic use.Business (Item 1)

FDA REMS elimination for CAR-T therapies

In June 2025, the FDA eliminated Risk Evaluation and Mitigation Strategy (“REMS”) requirements for approved BCMA- and CD19-directed autologous CAR-T therapies, which is a change expected to reduce administrative and logistical barriers, thereby expanding patient access.Business (Item 1)

Technology

Cryoportal software platform

depends onnamed as a risk
We rely upon certain critical information systems, including our Cryoportal® software platform which is used by our customers and business partners to automate the entry of orders, prepare customs documentation and facilitate status and location monitoring of shipped orders while in transit.Risk factors (Item 1A)