QMCO · Nasdaq
Companies at this level ended the following year delisted, bankrupt, restated or silent 9.2% of the time, against 4.0% for companies with a clean record.
Hover or tap a dot to see the filings behind that score.
Quantum Corporation (the “Company”) is unable to file its Annual Report on Form 10-K (the “Form 10-K”) for the fiscal year ended March 31, 2026 (“Fiscal 2026”) by June 15, 2026, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. In June 2026, the Company completed a series of transactions. The preparation, execution, and financial reporting for these transactions required substantial and sustained focus from the Company’s senior management during the period leading up to the original filing due date. As a result, the Company is working with its independent registered public accounting firm to complete the audit of the Company’s financial statements and related disclosures and requires additional time to do so. Fiscal 2026 is also the first year in which the Company’s financial statements have been audited by its current independent registered public accounting firm, and the audit has involved additional first-year audit procedures. In addition, the Company became an accelerated filer beginning with the Form 10-K for Fiscal 2026 and is therefore subject to an earlier annual report filing deadline than in the prior two fiscal years. As a result of its change in filer status, the Company and its auditors are also completing additional procedures relating to management’s assessment of internal control over financial reporting and the auditors’ attestation report on internal control over financial reporting. These requirements apply in connection with the Company’s status as an accelerated filer for Fiscal 2026 and were not applicable to the Company’s Annual Reports on Form 10-K for fiscal years 2025 and 2024. The additional time afforded by the extension period will also permit the Company’s auditors to complete these procedures and related reporting requirements associated with the Company’s first year as an accelerated filer
NT 10-K, filed 2026-06-15 · material weakness
Quantum Corporation (the “Company”) is unable to file its Annual Report on Form 10-K (the “Form 10-K”) for the fiscal year ended March 31, 2026 (“Fiscal 2026”) by June 15, 2026, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. In June 2026, the Company completed a series of transactions. The preparation, execution, and financial reporting for these transactions required substantial and sustained focus from the Company’s senior management during the period leading up to the original filing due date. As a result, the Company is working with its independent registered public accounting firm to complete the audit of the Company’s financial statements and related disclosures and requires additional time to do so. Fiscal 2026 is also the first year in which the Company’s financial statements have been audited by its current independent registered public accounting firm, and the audit has involved additional first-year audit procedures. In addition, the Company became an accelerated filer beginning with the Form 10-K for Fiscal 2026 and is therefore subject to an earlier annual report filing deadline than in the prior two fiscal years. As a result of its change in filer status, the Company and its auditors are also completing additional procedures relating to management’s assessment of internal control over financial reporting and the auditors’ attestation report on internal control over financial reporting. These requirements apply in connection with the Company’s status as an accelerated filer for Fiscal 2026 and were not applicable to the Company’s Annual Reports on Form 10-K for fiscal years 2025 and 2024. The additional time afforded by the extension period will also permit the Company’s auditors to complete these procedures and related reporting requirements associated with the Company’s first year as an accelerated filer
2025-10-06auditor changed or resigned SEC →
Quantum Corporation (the “Company”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 (the “Form 10-Q”) by August 14, 2025, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. The Company’s delay in filing the Form 10-Q is principally due to the additional time required by the Company to finalize, and for its independent registered public accounting firm to complete their review of, the Company’s financial statements, including financial statements for the annual and quarter periods included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025. As a result, the Company has been unable to complete its preparation and review of the Form 10-Q in time to file within the prescribed time period without unreasonable effort or expense
2025-08-08accounts declared unreliable SEC →
Quantum Corporation (the “Company”) has determined that it is unable to file its Annual Report on Form 10-K (the “Form 10-K”) for the fiscal year ended March 31, 2025 (“Fiscal 2025”) by June 30, 2025, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. The Company is reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards. The results of the review will need to be reflected in the Company’s financial statements for Fiscal 2025 in the Form 10-K. The Company does not expect the current review will affect the Company’s financial statements for any fiscal periods prior to Fiscal 2025. As a result, the Company has been unable to complete its consolidated audited financial statement close process for Fiscal 2025, and therefore unable to compile in a timely manner, without unreasonable effort or expense, the consolidated financial information required to prepare the Form 10-K for Fiscal 2025, within the prescribed time period
2024-05-29accounts declared unreliable SEC →
Quantum Corporation (the “Company”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2023 (the “Form 10-Q”) by February 9, 2024, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. The Company is conducting a re-evaluation of its application of standalone selling price under Accounting Standards Codification Topic 606 and the financial re-evaluation process is taking longer than expected. The Company has not completed this evaluation and has no findings to report at this time. As a result, the Company has been unable to complete its preparation and review of the Form 10-Q in time to file within the prescribed time period without unreasonable effort or expense. While the Company continues to work expeditiously to conclude this review and file the Form 10-Q as soon as practicable, the Company does not anticipate filing the Form 10-Q within the five-day extension provided by Rule 12b-25(b). The Company will continue to devote the resources necessary to complete the Form 10-Q as soon as practicable
Quantum Corporation (the “Company”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Form 10-Q”) by November 9, 2023, the original due date for such filing, without unreasonable effort or expense due to the circumstances described below. The Company is conducting a re-evaluation of its application of standalone selling price under Accounting Standards Codification Topic 606 and the financial re-evaluation process is taking longer than expected. The Company has not completed this evaluation and has no findings to report at this time. As a result, the Company has been unable to complete its preparation and review of the Form 10-Q in time to file within the prescribed time period without unreasonable effort or expense. While the Company continues to work expeditiously to conclude this review and file the Form 10-Q as soon as practicable, the Company does not anticipate filing the Form 10-Q within the five-day extension provided by Rule 12b-25(b). The Company will continue to devote the resources necessary to complete the Form 10-Q, as soon as practicable
2023-08-21auditor changed or resigned SEC →
2023-07-27auditor 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