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BioRestorative Therapies, Inc.

BRTX · Nasdaq

2 reporting failures in the last 12 months

Companies at this level ended the following year delisted, bankrupt, restated or silent 13.1% of the time, against 4.0% for companies with a clean record.

$11Mpublic float
2026-09-02most recent failure

Score over time

012202220232024202520262022-01-01 · score 12021-04-01 filed late (10-K) · staff or resources2022-04-01 · score 12021-04-01 filed late (10-K) · staff or resources2022-10-01 · score 12022-09-13 auditor change2023-01-01 · score 12022-09-13 auditor change2023-04-01 · score 12022-09-13 auditor change2023-07-01 · score 12022-09-13 auditor change2024-07-01 · score 22024-05-24 accounts unreliable2024-05-16 filed late (10-Q) · accounts not ready2024-10-01 · score 22024-05-24 accounts unreliable2024-05-16 filed late (10-Q) · accounts not ready2025-01-01 · score 22024-05-24 accounts unreliable2024-05-16 filed late (10-Q) · accounts not ready2025-04-01 · score 22024-05-24 accounts unreliable2024-05-16 filed late (10-Q) · accounts not ready2025-07-01 · score 12025-04-21 auditor change2025-10-01 · score 12025-04-21 auditor change2026-01-01 · score 12025-04-21 auditor change2026-04-01 · score 12025-04-21 auditor change2026-10-01 · score 22026-09-02 auditor change2026-08-14 filed late (10-Q) · auditor

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

Why they said they were late

As previously reported, in July 2026 the Company’s President, Chief Executive Officer and Chairman of the Board and the Company’s Chief Financial Officer each resigned. Each officer asserted that his resignation was for “good reason” under an employment agreement purportedly entered into between the Company and such officer. The Company disputes the validity and enforceability of the purported employment agreements and the asserted basis for the resignations, and has reserved all of its rights with respect thereto. The office of Chief Financial Officer is held on an interim basis by the Company’s Chief Executive Officer, and the resulting reduction in the Company’s financial reporting personnel has extended the time required to prepare the Quarterly Report and to complete the review of the interim financial statements. In addition, the Company, its accountants and its independent registered public accounting firm require additional time to complete their evaluation of the accounting treatment of the purported employment agreements and of the claims asserted thereunder, including whether any compensation expense or liability is required to be recognized, or any loss contingency disclosed, in the interim financial statements as of and for the periods ended June 30, 2026. That evaluation is not complete and cannot be completed by the prescribed due date without unreasonable effort or expense. The Company expects to file the Quarterly Report on or before the fifth calendar day following the prescribed due date

NT 10-Q, filed 2026-08-14 · auditor

What it filed

2026-09-02auditor changed or resigned SEC →

2026-08-14filed late (10-Q)auditor SEC →

As previously reported, in July 2026 the Company’s President, Chief Executive Officer and Chairman of the Board and the Company’s Chief Financial Officer each resigned. Each officer asserted that his resignation was for “good reason” under an employment agreement purportedly entered into between the Company and such officer. The Company disputes the validity and enforceability of the purported employment agreements and the asserted basis for the resignations, and has reserved all of its rights with respect thereto. The office of Chief Financial Officer is held on an interim basis by the Company’s Chief Executive Officer, and the resulting reduction in the Company’s financial reporting personnel has extended the time required to prepare the Quarterly Report and to complete the review of the interim financial statements. In addition, the Company, its accountants and its independent registered public accounting firm require additional time to complete their evaluation of the accounting treatment of the purported employment agreements and of the claims asserted thereunder, including whether any compensation expense or liability is required to be recognized, or any loss contingency disclosed, in the interim financial statements as of and for the periods ended June 30, 2026. That evaluation is not complete and cannot be completed by the prescribed due date without unreasonable effort or expense. The Company expects to file the Quarterly Report on or before the fifth calendar day following the prescribed due date

2025-04-21auditor changed or resigned SEC →

2024-05-24accounts declared unreliable SEC →

2024-05-16filed late (10-Q)accounts not ready SEC →

The Registrant could not timely complete the filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2024 due to the need to finalize certain disclosures in the Form 10-Q. The delay in filing could not be eliminated by the Registrant without unreasonable effort or expense. The Registrant intends to file its Form 10-Q no later than the fifth calendar day following the prescribed due date

2022-09-13auditor changed or resigned SEC →

2021-04-01filed late (10-K)staff or resources SEC →

As previously reported on the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on March 20, 2020, on such date, the Company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of New York (the “Bankruptcy Filing”). During the period leading up to the Bankruptcy Filing and until the effective date of the amended joint plan of reorganization of November 16, 2020 (the “Effective Date”), the Company was principally engaged in addressing bankruptcy-related matters. Since the Effective Date, the Company’s financial, accounting and administrative personnel and consultants have devoted substantially all of their time to the preparation and filing with the SEC of the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, which was filed with the SEC on March 18, 2021, and the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2020, which was filed with the SEC on March 29, 2021. The Company’s financial, accounting and administrative personnel and consultants are currently preparing the Company’s Quarterly Reports on Form 10-Q for the periods ended June 30, 2020 and September 30, 2020. As a result of the increased burdens placed upon the Company’s financial, accounting and administrative staff and consultants, as described above, the Company will not be able to timely file its Annual Report on Form 10-K for the year ended December 31, 2020

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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