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Snail, Inc.

SNAL · Nasdaq

No reporting failures in the last 12 months

It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.

$12Mpublic float
2025-08-15most recent failure

Score over time

01220232024202520262025-10-01 · score 12025-08-15 filed late (10-Q) · complex accounting2026-01-01 · score 12025-08-15 filed late (10-Q) · complex accounting2026-04-01 · score 12025-08-15 filed late (10-Q) · complex accounting2026-07-01 · score 12025-08-15 filed late (10-Q) · complex accounting

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

Why they said they were late

Snail, Inc. (the “Company”) will not be able to file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025 (the “Second Quarter Form 10-Q”) within the prescribed time period without unreasonable effort and expense because the Company requires additional time to complete its assessment of the matter described below. During the final stages of preparation, certain accounting matters, including the evaluation and testing of the Accounting Standards Codification Topic 606: Revenue from Contracts with Customers (“ASC 606”) , specifically for promised goods or services for purposes of identifying performance obligation in the context of the contract and updated management estimates related to the estimated user life of digital games, which require additional analysis and supporting documentation. The Company is working diligently and plans to file its Second Quarter Form 10-Q as soon as practicable. The Company currently expects to file the Second Quarter Form 10-Q within the five-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended

NT 10-Q, filed 2025-08-15 · complex accounting

What it filed

2025-08-15filed late (10-Q)complex accounting SEC →

Snail, Inc. (the “Company”) will not be able to file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025 (the “Second Quarter Form 10-Q”) within the prescribed time period without unreasonable effort and expense because the Company requires additional time to complete its assessment of the matter described below. During the final stages of preparation, certain accounting matters, including the evaluation and testing of the Accounting Standards Codification Topic 606: Revenue from Contracts with Customers (“ASC 606”) , specifically for promised goods or services for purposes of identifying performance obligation in the context of the contract and updated management estimates related to the estimated user life of digital games, which require additional analysis and supporting documentation. The Company is working diligently and plans to file its Second Quarter Form 10-Q as soon as practicable. The Company currently expects to file the Second Quarter Form 10-Q within the five-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended

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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