MTEX · 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 Company is unable to file its Annual Report on Form 10‑K for the year ended December 31, 2025, within the prescribed time period without unreasonable effort or expense because it requires additional time to complete its review of the income tax provision. The Company is assessing the preliminary conclusions reached in the computation of the amount of deferred taxes to be recorded on unremitted foreign earnings. The Company experienced a decline in net sales, incurred operating losses and negative cash flows from operating activities during the year ended December 31, 2025, which caused liquidity constraints. These events lead to a conclusion that substantial doubt exists about the Company’s ability to continue as a going concern. The Company expects to file the Form 10‑K on or before the fifteenth calendar day following its prescribed due date as permitted under Rule 12b‑25
NT 10-K/A, filed 2026-04-02 · going concern
2026-10-21auditor changed or resigned SEC →
The Company is unable to file its Annual Report on Form 10‑K for the year ended December 31, 2025, within the prescribed time period without unreasonable effort or expense because it requires additional time to complete its review of the income tax provision. The Company is assessing the preliminary conclusions reached in the computation of the amount of deferred taxes to be recorded on unremitted foreign earnings. The Company experienced a decline in net sales, incurred operating losses and negative cash flows from operating activities during the year ended December 31, 2025, which caused liquidity constraints. These events lead to a conclusion that substantial doubt exists about the Company’s ability to continue as a going concern. The Company expects to file the Form 10‑K on or before the fifteenth calendar day following its prescribed due date as permitted under Rule 12b‑25
The Company is unable to file its Annual Report on Form 10‑K for the year ended December 31, 2025, within the prescribed time period without unreasonable effort or expense because our independent auditor discussed with us the possibility of a going concern issue, management needs more time to assess the repercussions and any necessary remediation efforts. That assessment includes discussions with third-party tax advisors and review of a cost-reduction plan. The Company experienced a decline in net sales, incurred operating losses and negative cash flows from operating activities during the year ended December 31, 2025, which caused liquidity constraints. The Company expects to file the Form 10‑K on or before the fifteenth calendar day following its prescribed due date as permitted under Rule 12b‑25
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