AIFF · Nasdaq
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.
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Firefly Neuroscience, Inc. (the “Company”) has determined that it is unable to file its Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”) within the prescribed time period without unreasonable effort and expense, as it requires additional time to gather necessary information for the preparation of such Annual Report. The Company currently expects to file the Annual Report within the extension period of fifteen calendar days permitted under Rule 12b-25 of the Securities Exchange Act of 1934, as amended
NT 10-K, filed 2025-04-01 · systems or records
Firefly Neuroscience, Inc. (the “Company”) has determined that it is unable to file its Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”) within the prescribed time period without unreasonable effort and expense, as it requires additional time to gather necessary information for the preparation of such Annual Report. The Company currently expects to file the Annual Report within the extension period of fifteen calendar days permitted under Rule 12b-25 of the Securities Exchange Act of 1934, as amended
2024-11-01auditor changed or resigned SEC →
Firefly Neuroscience, Inc., formerly known as WaveDancer, Inc. (the “Company”) is unable to complete its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Quarterly Report”), with the Securities and Exchange Commission prior to the filing deadline for the Quarterly Report without unreasonable effort and expense. On August 12, 2024, the Company consummated its previously announced reverse merger transaction (the “Merger”). Due to the timing of the Merger, the Company requires additional time to prepare the Form 10-Q. The Company expects to file the Quarterly Report within the extension period of five calendar days as provided under Rule 12b-25 under the Securities Exchange Act of 1934, as amended
2024-08-12auditor changed or resignednot counted — change of control SEC →
2024-05-22auditor changed or resigned SEC →
WaveDancer, Inc. (the “Company”) is unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “Quarterly Report”) by the May 15, 2023 filing date applicable to non-accelerated filers due to additional time needed for the Board of Directors (acting as the Audit Committee) of the Company to complete its review of the Quarterly Report with the Company’s independent registered accounting firm (its “Auditor”). On March 17, 2023, WaveDancer, Inc. (the “Company”) entered into and closed a Stock Purchase Agreement with Gray Matters Data Corp. (“GMDC”), a company newly formed by StealthPoint LLC, a San Francisco based venture fund, under which the Company sold all of the shares of its subsidiary, Gray Matters, Inc. (“GMI”). As a result of the sale, the Company will reflect its Blockchain Supply Chain Management operating segment as a discontinued operation in its unaudited condensed consolidated financial statements for the quarters ended March 31, 2023 and 2022. The timing of the transaction so close to the March 31, 2023 quarter-end date has resulted in a compressed amount of time available for the Company to complete the work related to the financial reporting of the sale transaction and for the auditors to conduct their review. This has resulted in our inability to timely finalize the Quarterly Report. Other than the finalization of the unaudited condensed consolidated financial statements to accurately reflect the GMI transaction described above, the Company is unaware of any other issues that require resolution before we are able to file the Quarterly Report. The Company intends to file the Quarterly Report as soon as practicable within the extension period of 5 calendar days provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended
WaveDancer, Inc. (the “Company”) is unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the period ended December 31, 2022 (the “Annual Report”) by the March 31, 2023 filing date applicable to non-accelerated filers due to additional time needed for the Board of Directors (acting as the Audit Committee) of the Company to complete its review of the Annual Report with the Company’s independent registered accounting firm (its “Auditor”). On March 17, 2023, WaveDancer, Inc. (the “Company”) entered into and closed a Stock Purchase Agreement with Gray Matters Data Corp. (“GMDC”), a company newly formed by StealthPoint LLC, a San Francisco based venture fund, under which the Company sold all of the shares of its subsidiary, Gray Matters, Inc. (“GMI”). GMI is one of the Company’s two reportable operating segments. The pendency of the sale during the preparation and audit of our financial statements and the timing of the transaction so close to the March 31, 2023 filing date, have resulted in additional procedures for both the Company and the auditors. The compressed amount of time to complete those procedures has resulted in our inability to timely finalize the 2022 financial statements and audit thereof. Other than the finalization of the financial statements to accurately reflect the GMI transaction described above, the Company is unaware of any other issues that require resolution before we are able to file our Annual Report for 2022. The Company intends to file the Annual Report as soon as practicable within the extension period of 15 calendar days provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended
WaveDancer, Inc. (the “Company”) was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the period ended September 30, 2022 (the “Quarterly Report”) by the November 14, 2022 filing date applicable to non-accelerated filers due to internal resource constraints caused by the prolonged illness of a key member of the Company’s financial reporting team while simultaneously addressing the additional complex reporting elements of segment reporting and the evaluation of long-lived assets and goodwill for impairment. The Company is in the process of finalizing its assessment of the recoverability of long-lived assets, including intangibles, and the impairment of goodwill. The Company intends to file the Quarterly Report as soon as practicable within the extension period of 5 calendar days provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended
WaveDancer, Inc. (the “Company”) was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the period ended December 31, 2021 (the “Annual Report”) by the March 31, 2022 filing date applicable to non-accelerated filers due to additional time needed for the Board of Directors (acting as the Audit Committee) of the Company to complete its review of the Annual Report with the Company’s independent registered accounting firm (its “Auditor”). For many years prior to fiscal year 2021, the Company did not engage in any non-routine transactions such as acquisitions or private offerings of common stock. This, in turn, simplified its internal audit process for such years and the effort required by its Auditor to conduct its audits. In 2021, significant transaction activity occurred that complicated the current audit. In particular, the Company acquired Tellenger, Inc. (“Tellenger”) in April 2021 and Gray Matters, Inc. (“Gray Matters”) in December 2021. In addition, the Company undertook three private placements. The Gray Matters acquisition delayed the Company’s ability to commence its own audit. Prior to beginning its preparation for the independent audit of its own financial statements, the Company needed to devote significant resources to finalize the audit of the pre-acquisition Gray Matters financial statements, which were required under applicable SEC regulations, and had to complete the preliminary purchase price allocation in connection with that acquisition. Those activities were completed on February 22, 2022. The Company has been able to been able to finalize its financial statements for 2021 but its increased transaction activities throughout 2021 have resulted in the need to provide its Auditor with additional information in response to its many inquiries and did not allow sufficient time for the Auditor to complete its work and issue its report on our consolidated financial statements by March 31, 2022
The Registrant requires additional time for its auditors to complete their review of the Registrant’s quarterly report for the period ended June 30, 2021. PART IV — OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Matthew T. Sands (703) 293-7925 (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). Yes ☒ No ☐ (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes ☒ No ☐ If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. INFORMATION ANALYSIS INCORPORATED (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 16, 2021 By: Matthew T. Sands INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form. ATTENTION Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). Explanation for
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