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GB Sciences Inc

1 reporting failure in the last 12 months

Companies at this level ended the following year delisted, bankrupt, restated or silent 9.2% of the time, against 4.0% for companies with a clean record.

$4Mstalepublic float
2025-11-19most recent failure

Score over time

01234202220232024202520262022-01-01 · score 12021-06-30 filed late (10-K) · accounts not ready2022-04-01 · score 12021-06-30 filed late (10-K) · accounts not ready2022-07-01 · score 12022-06-30 filed late (10-K) · accounts not ready2022-10-01 · score 12022-06-30 filed late (10-K) · accounts not ready2023-01-01 · score 12022-06-30 filed late (10-K) · accounts not ready2023-04-01 · score 12022-06-30 filed late (10-K) · accounts not ready2023-07-01 · score 12023-06-30 filed late (10-K) · staff or resources2023-10-01 · score 12023-06-30 filed late (10-K) · staff or resources2024-01-01 · score 22023-11-14 filed late (10-Q) · complex accounting2023-06-30 filed late (10-K) · staff or resources2024-04-01 · score 22023-11-14 filed late (10-Q) · complex accounting2023-06-30 filed late (10-K) · staff or resources2024-07-01 · score 12023-11-14 filed late (10-Q) · complex accounting2024-10-01 · score 32024-08-14 filed late (10-Q) · liquidity2024-07-01 filed late (10-K) · liquidity2023-11-14 filed late (10-Q) · complex accounting2025-01-01 · score 32024-11-14 filed late (10-Q) · accounts not ready2024-08-14 filed late (10-Q) · liquidity2024-07-01 filed late (10-K) · liquidity2025-04-01 · score 42025-02-12 filed late (10-Q) · accounts not ready2024-11-14 filed late (10-Q) · accounts not ready2024-08-14 filed late (10-Q) · liquidity2024-07-01 filed late (10-K) · liquidity2025-07-01 · score 42025-02-12 filed late (10-Q) · accounts not ready2024-11-14 filed late (10-Q) · accounts not ready2024-08-14 filed late (10-Q) · liquidity2024-07-01 filed late (10-K) · liquidity2025-10-01 · score 22025-02-12 filed late (10-Q) · accounts not ready2024-11-14 filed late (10-Q) · accounts not ready2026-01-01 · score 32025-11-19 filed late (10-Q) · accounts not ready2025-10-17 filed late (10-K) · accounts not ready2025-02-12 filed late (10-Q) · accounts not ready2026-04-01 · score 22025-11-19 filed late (10-Q) · accounts not ready2025-10-17 filed late (10-K) · accounts not ready2026-07-01 · score 22025-11-19 filed late (10-Q) · accounts not ready2025-10-17 filed late (10-K) · accounts not ready2026-10-01 · score 22025-11-19 filed late (10-Q) · accounts not ready2025-10-17 filed late (10-K) · accounts not ready

Hover or tap a dot to see the filings behind that score.

Why they said they were late

The Company needs additional time to prepare the disclosures required and complete its audit

NT 10-Q, filed 2025-11-19 · accounts not ready

What it filed

2025-11-19filed late (10-Q)accounts not ready SEC →

The Company needs additional time to prepare the disclosures required and complete its audit

2025-10-17filed late (10-Q)accounts not ready SEC →

The Company needs additional time to prepare the disclosures required and complete its audit

2025-10-17filed late (10-K)accounts not ready SEC →

The Company needs additional time to prepare the disclosures required and complete its audit

2025-02-12filed late (10-Q)accounts not ready SEC →

During the prior quarter, the Company’s principle financial officer who was also the Company’s principle accounting officer unexpectedly passed away. This event along with other circumstances resulted in the prior 10-Q and this Form 10-Q not being able to be compiled and filed within the customary time period

2024-11-14filed late (10-Q)accounts not ready SEC →

During the quarter, the Company’s principle financial officer who was also the Company’s principle accounting officer unexpectedly passed away. This event along with other circumstances resulted in the Form 10-Q not being able to be compiled and filed within the customary time period

2024-08-14filed late (10-Q)liquidity SEC →

During the Company’s last completed fiscal year, the Company had an inordinate amount of complicated accounting activity relative to equity financings and other matters that resulted in the Company not being able to compile and file its annual report on time. That delay has now resulted in the Form 10-Q not being able to be compiled and filed within the customary time period

2024-07-01filed late (10-K)liquidity SEC →

During the year ending March 31, 2024, the Company had an inordinate amount of complicated accounting activity relative to equity financings and other matters that has resulted in the Company not being able to compile and file the Form 10-K within the customary time period

2023-11-14filed late (10-Q)complex accounting SEC →

During the quarter the Company had an inordinate amount of warrant reinstatement, repricing and exercise activity necessitating extensive and complicated accounting activity that has resulted in the Company not being able to compile and file the Form 10-Q within the customary time period

2023-06-30filed late (10-K)staff or resources SEC →

Zach Swarts, our longtime CFO was hired away from the Company on April 14, 2023. The need for replacement accounting personnel to have time to learn about the Company and produce the Form 10-K has resulted in the Company not being able to compile and file the Form 10-K within the customary time period

2022-06-30filed late (10-K)accounts not ready SEC →

The registrant is unable to file its Annual Report on Form 10-K for the fiscal year ended March 31, 2022 (the “Report”) by the prescribed date of June 29, 2022, without unreasonable effort or expense, because the registrant needs additional time to complete certain disclosures and analyses to be included in the Report. In accordance with Rule 12b-25 promulgated under the Securities Exchange Act of 1934, as amended, the registrant intends to file the Report on or prior to the fifteenth calendar day following the prescribed due date

2021-06-30filed late (10-K)accounts not ready SEC →

The registrant is unable to file its Annual Report on Form 10-K for the fiscal year ended March 31, 2021 (the “Report”) by the prescribed date of June 29, 2021, without unreasonable effort or expense, because the registrant needs additional time to complete certain disclosures and analyses to be included in the Report. In accordance with Rule 12b-25 promulgated under the Securities Exchange Act of 1934, as amended, the registrant intends to file the Report on or prior to the fifteenth calendar day following the prescribed due date

About this score

reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.

Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.

See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.

Every item above is a filing this company made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not investment advice

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