{"url_path":"/sec/luvu/10-q/2026/item-1a","section_key":"item-1a","section_title":"Item 1A RISK FACTORS**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1374567/0001654954-26-004991-index.html","accession_number":"0001654954-26-004991","cik":"0001374567","ticker":"LUVU","issuer_name":"Luvu Brands, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1374567/0001654954-26-004991-index.html","primary_entity_key":"0001374567","primary_entity_name":"Luvu Brands, Inc."},"word_count":204,"has_tables":true,"body_markdown":"**ITEM 1A. RISK FACTORS**\n\n \n\nIn addition to the disclosure below, we incorporate by reference the risk factors disclosed in our 2025 10-K. See also “Liquidity and Capital Resources” above.\n\n \n\n**Continued threats of international tariffs may have an adverse impact on our business.**\n\n \n\nWe rely on suppliers for purchasing the raw materials used in the manufacture and production of our goods. In fiscal year 2025 and the nine months ending March 31, 2026, approximately 20% and 12%, respectively, of our materials were sourced from foreign suppliers, including 13% and 10% in fiscal year 2025 and the nine months ended March 31, 2025, respectively, from China. The Trump Administration has imposed steep tariffs on the import of goods from several countries from which we purchase raw materials and finished goods. This increase in tariffs could adversely affect our business and our results of operations. On February 20, 2026, the US Supreme Court ruled that major tariffs imposed by the Trump Administration were unlawful. The Company is evaluating applying for refunds through the Customers and Border Protection portal. However, if future tariffs or any additional costs or restrictions are imposed on imported materials that may lead to an increase in our prices which could harm our business."}