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  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
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  "presentationDate": "2019-06-19 00:00:00",
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  "notes": "The table contrasts financial growth metrics with qualitative disclosure failures over time.",
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      "kind": "callout",
      "text": "Notably, Axon has reported a material weakness in its U.K. subsidiary post acquisition, which should be alarming given it was a small acquisition of just $3.3 million.",
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      "text": "International Revenues: $84.8",
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      "text": "Axon has been attempting to expand outside of the U.S. for most of its operating life. However, despite many years of inconsistence performance, it hasn't been able to grow beyond ~20% of total sales...",
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      "kind": "quote",
      "text": "\"During the fourth quarter of 2017, we identified a material weakness related to account reconciliations and monitoring over our U.K. subsidiary, Axon Public Safety U.K. Ltd. (\"APS U.K\"), which resulted from a breakdown in the operation of identified preventative and detective controls which led to the Company not initially recording some transactions correctly during 2016 and the interim periods in 2017\" — Axon 10-K",
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      "kind": "source-note",
      "text": "Source: Axon SEC filings and conference calls. 1) \"During the fourth quarter of 2017, we identified a material weakness...\"",
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      "text": "Table showing International Revenues, growth, and disclosure metrics from 2014-2018.",
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      "text": "International Growth Also Likely To Disappoint",
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