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Sunshine Biopharma Inc.

SBFM · Nasdaq

1 reporting failure in the last 12 months

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.

$7Mpublic float
2026-03-31most recent failure

Score over time

024202220232024202520262023-04-01 · score 12023-03-31 filed late (10-K) · accounts not ready2023-07-01 · score 12023-03-31 filed late (10-K) · accounts not ready2023-10-01 · score 12023-03-31 filed late (10-K) · accounts not ready2024-01-01 · score 12023-03-31 filed late (10-K) · accounts not ready2024-07-01 · score 32024-05-15 filed late (10-Q) · auditor2024-05-08 auditor change2024-05-06 auditor change2024-10-01 · score 42024-08-14 filed late (10-Q) · accounts not ready2024-05-15 filed late (10-Q) · auditor2024-05-08 auditor change2024-05-06 auditor change2025-01-01 · score 42024-08-14 filed late (10-Q) · accounts not ready2024-05-15 filed late (10-Q) · auditor2024-05-08 auditor change2024-05-06 auditor change2025-04-01 · score 52025-03-31 filed late (10-K) · accounts not ready2024-08-14 filed late (10-Q) · accounts not ready2024-05-15 filed late (10-Q) · auditor2024-05-08 auditor change2024-05-06 auditor change2025-07-01 · score 22025-03-31 filed late (10-K) · accounts not ready2024-08-14 filed late (10-Q) · accounts not ready2025-10-01 · score 22025-09-30 auditor change2025-03-31 filed late (10-K) · accounts not ready2026-01-01 · score 22025-09-30 auditor change2025-03-31 filed late (10-K) · accounts not ready2026-04-01 · score 22026-03-31 filed late (10-K)2025-09-30 auditor change2026-07-01 · score 22026-03-31 filed late (10-K)2025-09-30 auditor change2026-10-01 · score 12026-03-31 filed late (10-K)

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

Why they said they were late

The Company will need additional time to complete its financial statements

NT 10-K, filed 2025-03-31 · accounts not ready

What it filed

2026-03-31filed late (10-K) SEC →

2025-09-30auditor changed or resigned SEC →

2025-03-31filed late (10-K)accounts not ready SEC →

The Company will need additional time to complete its financial statements

2024-08-14filed late (10-Q)accounts not ready SEC →

Management requires additional time to compile data to furnish to its professionals to complete the Form 10-Q for the six month period ended June 30, 2024

2024-05-15filed late (10-Q)auditor SEC →

As previously disclosed, the Company dismissed its independent auditor, BF Borgers CPA PC (“Borgers”) on May 3, 2024, because Borgers is no longer permitted to appear or practice before the Securities and Exchange Commission, and on May 7, 2024, the Company retained a new independent auditor, who will need additional time to complete their review of the Company’s financial statements

2024-05-08auditor changed or resigned SEC →

2024-05-06auditor changed or resigned SEC →

2023-03-31filed late (10-K)accounts not ready SEC →

Management requires additional time to compile data to furnish to its professionals to complete the Form 10-K for the fiscal year ended December 31, 2022

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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