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  "documentTitle": "Resideo Technologies, Inc. (REZI)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "REZI no longer provides details about its goodwill testing methodology but references that cash flows are part of the analysis. We previously showed that its cash flow projections made in 2021 did not materialize in 2024. We find it difficult to accept REZI's conclusion that no impairment expenses are necessary even as the Company determines a spit-up is required.",
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      "text": "There were no material impairment expenses taken during the years ended December 31, 2024, 2023, and 2022. — Resideo Technologies, Inc. (2024 SEC Filing)",
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      "text": "Are No Goodwill Impairments Really Necessary?",
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