IPW · Nasdaq
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.
Hover or tap a dot to see the filings behind that score.
The Registrant requires additional time to complete the audit review and confirmation process necessary for completion of its audit for its fiscal year ended June 30, 2026. As a result, the Company is unable to timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (the “Form 10-K”) by the prescribed filing deadline without incurring unreasonable effort or expense. The Registrant intends to file the Form 10-K as soon as practicable and, in any event, within the 15-day extension period allowed under Rule 12b-25
NT 10-K, filed 2026-09-28 · accounts not ready
The Registrant requires additional time to complete the audit review and confirmation process necessary for completion of its audit for its fiscal year ended June 30, 2026. As a result, the Company is unable to timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (the “Form 10-K”) by the prescribed filing deadline without incurring unreasonable effort or expense. The Registrant intends to file the Form 10-K as soon as practicable and, in any event, within the 15-day extension period allowed under Rule 12b-25
The Registrant completed a sale of its subsidiaries and a convertible note financing transaction in February 2026 and, as a result, is experiencing delays in completing the preparation of its financial statements for the nine-month period ended March 31, 2026. As a result, the Company is unable to timely file its Quarterly Report on Form 10-Q for the nine months ended March 31, 2026 (the “Form 10-Q”) by the prescribed filing deadline without incurring unreasonable effort and/or expense. The Registrant intends to file its Form 10-Q as soon as practicable and, in any event, within the 5-day extension period allowed under Rule 12b-25
The Registrant recently completed a convertible note financing transaction which closed on December 23, 2025 and, as a result, is experiencing delays in completing the preparation of its financial statements for the six month period ended December 31, 2025 due to the complex nature of the financial accounting treatment required in relation to the financing. As a result, the Company is unable to timely file its Quarterly Report on Form 10-Q for the six months ended December 31, 2025 (the “Form 10-Q”) by the prescribed filing deadline without incurring unreasonable effort and/or expense. The Registrant intends to file its Form 10-Q as soon as practicable and, in any event, within the 5-day extension period allowed under Rule 12b-25
The Registrant recently changed auditing firms and, as a result, is experiencing delays in completing the audit review and confirmation process necessary for completion of its audit for its fiscal year ended June 30, 2025. As a result, the Company is unable to timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2025 (the “Form 10-K”) by the prescribed filing deadline without incurring unreasonable effort or expense. The Registrant intends to file its Form 10-K as soon as practicable and, in any event, within the 15-day extension period allowed under Rule 12b-25
2025-06-30auditor 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