Vicor
2 named things its latest annual report says its results depend on, each in the company's own words. 1 of them are also named by other companies we've read.
Partners and platforms
Bank of America, N.A.
depends onAs of December 31, 2025, our long-term investment portfolio, recorded on our Consolidated Balance Sheet as “Long-term investment, net”, consisted of a single auction rate security with a par value of $3,000,000, purchased through and held in custody by a broker-dealer affiliate of Bank of America, N.A., that has experienced failed auctions (the “Failed Auction Security”) since February 2008.Market risk (Item 7A)
Other companies
Failed Auction Security (auction rate security)
exposed to its price · par value of $3,000,000named as a riskAs of December 31, 2025, our long-term investment portfolio, recorded on our Consolidated Balance Sheet as “Long-term investment, net”, consisted of a single auction rate security with a par value of $3,000,000, purchased through and held in custody by a broker-dealer affiliate of Bank of America, N.A., that has experienced failed auctions (the “Failed Auction Security”) since February 2008.Market risk (Item 7A)