It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.
Hover or tap a dot to see the filings behind that score.
Independence Contract Drilling, Inc., a Delaware corporation (the “ Company ”), is filing this Notification of Late Filing on Form 12b-25 with respect to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “ 3Q2024 Form 10-Q ”). The Company has determined that it is unable to file the 3Q2024 Form 10-Q within the prescribed time period provided by the applicable rules of the U.S. Securities and Exchange Commission (the “ SEC ”) without unreasonable effort and expense. As previously reported in prior reports on Forms 10-K and 10-Q, the Company has been evaluating alternatives for deleveraging transactions that refinance and recapitalize the Company’s indebtedness, including its convertible notes (the “ Convertible Notes ”), and the Company’s Board of Directors established a strategic alternatives committee of the Board of Directors (the “ Special Committee ”) to evaluate strategic alternatives regarding these matters. The Company has been engaged in discussions with the holders of Convertible Notes regarding alternatives to refinance, extend or recapitalize the Convertible Notes and other liabilities and the Company’s management has engaged significant time and effort in this regard. The Company has therefore not been able to finalize the information and processes required to complete its financial statements and related disclosure to be included in the 3Q2024 Form 10-Q. As a result, the Company is unable to file, without unreasonable effort or expense, the 3Q2024 Form 10-Q on or prior to the prescribed filing date. The Company expects to file the 3Q2024 Form 10-Q no later than the fifth calendar day following the prescribed due date.
NT 10-Q, filed 2024-11-14 · investigation
Independence Contract Drilling, Inc., a Delaware corporation (the “ Company ”), is filing this Notification of Late Filing on Form 12b-25 with respect to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “ 3Q2024 Form 10-Q ”). The Company has determined that it is unable to file the 3Q2024 Form 10-Q within the prescribed time period provided by the applicable rules of the U.S. Securities and Exchange Commission (the “ SEC ”) without unreasonable effort and expense. As previously reported in prior reports on Forms 10-K and 10-Q, the Company has been evaluating alternatives for deleveraging transactions that refinance and recapitalize the Company’s indebtedness, including its convertible notes (the “ Convertible Notes ”), and the Company’s Board of Directors established a strategic alternatives committee of the Board of Directors (the “ Special Committee ”) to evaluate strategic alternatives regarding these matters. The Company has been engaged in discussions with the holders of Convertible Notes regarding alternatives to refinance, extend or recapitalize the Convertible Notes and other liabilities and the Company’s management has engaged significant time and effort in this regard. The Company has therefore not been able to finalize the information and processes required to complete its financial statements and related disclosure to be included in the 3Q2024 Form 10-Q. As a result, the Company is unable to file, without unreasonable effort or expense, the 3Q2024 Form 10-Q on or prior to the prescribed filing date. The Company expects to file the 3Q2024 Form 10-Q no later than the fifth calendar day following the prescribed due date.
2023-08-11auditor changed or resigned SEC →
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