FTLF · 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.
Hover or tap a dot to see the filings behind that score.
As previously reported, on March 30, 2022, the Audit Committee of the Company’s Board of Directors commenced an independent investigation (the “ Independent Investigation ”) of issues that include, but may not be limited to, certain aspects of the Company's methods of revenue recognition for certain contractual arrangements of products when the performance obligation is satisfied upon delivery, and expensing of costs of inventory and related issues including the accounting treatment, financial reporting and internal controls related to such arrangements for the years ended December 31, 2021, 2020 and 2019. The Independent Investigation continues, and includes matters related to accounting for the annual and quarterly periods for the years ended December 31, 2021, 2020 and 2019. As a result, the Company is unable to file the Quarterly Report at this time. Following the completion of the Independent Investigation, the timing of which cannot be estimated, the Company will make a determination regarding whether any revision, correction or restatement of its financial statements for any previous quarter or fiscal year will be made, as well as the timing of filing the Quarterly Report
NT 10-Q, filed 2022-05-16 · restatement
2022-10-18auditor changed or resigned SEC →
2022-10-07auditor changed or resigned SEC →
2022-09-21accounts declared unreliable SEC →
As previously reported, on March 30, 2022, the Audit Committee of the Company’s Board of Directors commenced an independent investigation (the “ Independent Investigation ”) of issues that include, but may not be limited to, certain aspects of the Company's methods of revenue recognition for certain contractual arrangements of products when the performance obligation is satisfied upon delivery, and expensing of costs of inventory and related issues including the accounting treatment, financial reporting and internal controls related to such arrangements for the years ended December 31, 2021, 2020 and 2019. The Independent Investigation continues, and includes matters related to accounting for the annual and quarterly periods for the years ended December 31, 2021, 2020 and 2019. As a result, the Company is unable to file the Quarterly Report at this time. Following the completion of the Independent Investigation, the timing of which cannot be estimated, the Company will make a determination regarding whether any revision, correction or restatement of its financial statements for any previous quarter or fiscal year will be made, as well as the timing of filing the Quarterly Report
FitLife Brands, Inc. (the “ Company ”) is unable to file its Annual Report on Form 10-K for the year ended December 31, 2021 (“ Annual Report ”) without unreasonable effort or expense within the prescribed time period. On March 30, 2022, the Audit Committee of the Company’s Board of Directors commenced an independent investigation (the “ Independent Investigation ”) of issues that include, but may not be limited to, certain aspects of the Company's methods of revenue recognition for certain contractual arrangements of products when the performance obligation is satisfied upon delivery, and expensing of costs of inventory and related issues including the accounting treatment, financial reporting and internal controls related to such arrangements for the years ended December 31, 2021, 2020 and 2019. As the Independent Investigation includes matters related to accounting for the annual and quarterly periods for the years ended December 31, 2021, 2020 and 2019, the Company is unable to file the Annual Report at this time. Following the completion of the Independent Investigation, the timing of which cannot be estimated, the Company will make a determination regarding whether any revision, correction or restatement of its financial statements for any previous quarter or fiscal year will be made, as well as the timing of filing the Annual Report
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