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Preaxia Health Care Payment Systems Inc.

PAXH · OTC

6 reporting failures in the last 12 months

Companies at this level ended the following year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for companies with a clean record.

$494Kpublic float
2026-08-31most recent failure

Score over time

0246202220232024202520262022-01-01 · score 12021-08-30 filed late (10-K) · auditor2022-04-01 · score 12021-08-30 filed late (10-K) · auditor2022-07-01 · score 22022-04-14 filed late (10-Q) · auditor2021-08-30 filed late (10-K) · auditor2022-10-01 · score 22022-08-29 filed late (10-K) · auditor2022-04-14 filed late (10-Q) · auditor2023-01-01 · score 32022-10-17 filed late (10-Q) · auditor2022-08-29 filed late (10-K) · auditor2022-04-14 filed late (10-Q) · auditor2023-04-01 · score 32022-10-17 filed late (10-Q) · auditor2022-08-29 filed late (10-K) · auditor2022-04-14 filed late (10-Q) · auditor2023-07-01 · score 32023-04-14 filed late (10-Q) · auditor2022-10-17 filed late (10-Q) · auditor2022-08-29 filed late (10-K) · auditor2023-10-01 · score 42023-08-29 filed late (10-K) · auditor2023-08-04 auditor change2023-04-14 filed late (10-Q) · auditor2022-10-17 filed late (10-Q) · auditor2024-01-01 · score 32023-08-29 filed late (10-K) · auditor2023-08-04 auditor change2023-04-14 filed late (10-Q) · auditor2024-04-01 · score 32023-08-29 filed late (10-K) · auditor2023-08-04 auditor change2023-04-14 filed late (10-Q) · auditor2024-07-01 · score 32024-04-15 filed late (10-Q) · auditor2023-08-29 filed late (10-K) · auditor2023-08-04 auditor change2024-10-01 · score 22024-08-29 filed late (10-K) · auditor2024-04-15 filed late (10-Q) · auditor2025-01-01 · score 42024-10-29 auditor change2024-10-15 filed late (10-Q) · auditor2024-08-29 filed late (10-K) · auditor2024-04-15 filed late (10-Q) · auditor2025-04-01 · score 42024-10-29 auditor change2024-10-15 filed late (10-Q) · auditor2024-08-29 filed late (10-K) · auditor2024-04-15 filed late (10-Q) · auditor2025-07-01 · score 42025-04-14 filed late (10-Q) · auditor2024-10-29 auditor change2024-10-15 filed late (10-Q) · auditor2024-08-29 filed late (10-K) · auditor2025-10-01 · score 42025-08-29 filed late (10-K) · auditor2025-04-14 filed late (10-Q) · auditor2024-10-29 auditor change2024-10-15 filed late (10-Q) · auditor2026-01-01 · score 52025-12-23 auditor change2025-12-12 auditor change2025-10-15 filed late (10-Q) · auditor2025-08-29 filed late (10-K) · auditor2025-04-14 filed late (10-Q) · auditor2026-04-01 · score 72026-02-26 auditor change2026-01-12 filed late (10-Q) · auditor2025-12-23 auditor change2025-12-12 auditor change2025-10-15 filed late (10-Q) · auditor+2 more2026-07-01 · score 72026-04-21 accounts unreliable2026-02-26 auditor change2026-01-12 filed late (10-Q) · auditor2025-12-23 auditor change2025-12-12 auditor change+2 more2026-10-01 · score 72026-08-31 filed late (10-K) · auditor2026-04-21 accounts unreliable2026-02-26 auditor change2026-01-12 filed late (10-Q) · auditor2025-12-23 auditor change+2 more

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

Why they said they were late

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2026 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

NT 10-K, filed 2026-08-31 · auditor

What it filed

2026-08-31filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2026 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

2026-04-21accounts declared unreliable SEC →

2026-02-26auditor changed or resigned SEC →

2026-01-12filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended November 30, 2025 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2025-12-23auditor changed or resigned SEC →

2025-12-12auditor changed or resigned SEC →

2025-10-15filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended August 31, 2025 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2025-08-29filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2025 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

2025-04-14filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended February 28, 2025 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2024-10-29auditor changed or resigned SEC →

2024-10-15filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended August 31, 2024 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2024-08-29filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2024 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

2024-04-15filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended February 29, 2024 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2023-08-29filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements in connection with its Annual Report on Form 10-K for the year ended May 31, 2023 (the “Annual Report”) due to a recent change of its independent public accountant. As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

2023-08-04auditor changed or resigned SEC →

2023-04-14filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended February 28, 2023 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2022-10-17filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended August 31, 2022 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2022-08-29filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2022 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

2022-04-14filed late (10-Q)auditor SEC →

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended February 28, 2022 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements

2021-08-30filed late (10-K)auditor SEC →

The Registrant has experienced a delay in completing the necessary disclosures and finalizing its financial statements with its independent public accountant in connection with its Annual Report on Form 10-K for the year ended May 31, 2021 (the “Annual Report”). As a result of this delay, the Registrant is unable to file its Annual Report by the prescribed filing date without unreasonable effort or expense

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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