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ScanTech AI Systems Inc.

STAI · OTC

4 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.

$52Mstalepublic float
2026-05-18most recent failure

Score over time

02468202520262025-04-01 · score 12025-03-31 filed late (10-K) · accounts not ready2025-07-01 · score 22025-05-15 filed late (10-Q) · auditor2025-03-31 filed late (10-K) · accounts not ready2025-10-01 · score 42025-09-24 auditor change2025-08-15 filed late (10-Q) · auditor2025-05-15 filed late (10-Q) · auditor2025-03-31 filed late (10-K) · accounts not ready2026-01-01 · score 72025-11-14 filed late (10-Q) · auditor2025-11-03 accounts unreliable2025-10-08 auditor change2025-09-24 auditor change2025-08-15 filed late (10-Q) · auditor+2 more2026-04-01 · score 82026-03-31 filed late (10-K) · accounts not ready2026-01-21 auditor change2025-11-14 filed late (10-Q) · auditor2025-11-03 accounts unreliable2025-10-08 auditor change+3 more2026-07-01 · score 82026-05-18 filed late (10-Q) · complex accounting2026-03-31 filed late (10-K) · accounts not ready2026-01-21 auditor change2025-11-14 filed late (10-Q) · auditor2025-11-03 accounts unreliable+3 more2026-10-01 · score 62026-05-18 filed late (10-Q) · complex accounting2026-03-31 filed late (10-K) · accounts not ready2026-01-21 auditor change2025-11-14 filed late (10-Q) · auditor2025-11-03 accounts unreliable+1 more

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

Why they said they were late

The registrant is unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense due to the need to finalize certain financial disclosures and related documentation for the first quarter ended March 31, 2026. The quarter included complex accounting analysis and adjustments to ensure complete and accurate reporting in compliance with SEC requirements. The registrant is making every effort to complete the necessary work and expects to file the Form 10-Q within the 5 calendar day extension provided by Rule 12b-25

NT 10-Q, filed 2026-05-18 · complex accounting

What it filed

2026-05-18filed late (10-Q)complex accounting SEC →

The registrant is unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense due to the need to finalize certain financial disclosures and related documentation for the first quarter ended March 31, 2026. The quarter included complex accounting analysis and adjustments to ensure complete and accurate reporting in compliance with SEC requirements. The registrant is making every effort to complete the necessary work and expects to file the Form 10-Q within the 5 calendar day extension provided by Rule 12b-25

2026-03-31filed late (10-K)accounts not ready SEC →

The registrant is unable to file its Form 10-K within the prescribed time period without unreasonable effort or expense due to the need to finalize certain financial disclosures and related documentation pertaining to a significant transaction that closed on January 2, 2025. The transaction’s timing required additional review and analysis, including adjustments to reflect post-closing events, to ensure complete and accurate reporting in compliance with SEC requirements. The registrant is making every effort to complete the necessary work and expects to file the Form 10-K within the 15 calendar day extension provided by Rule 12b-25

2026-01-21auditor changed or resigned SEC →

2025-11-14filed late (10-Q)auditor SEC →

The Registrant is unable to file, without unreasonable effort and expense, its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 without unreasonable effort or expense within the prescribed time period. As previously disclosed, the Registrant’s management and the Audit Committee of the Board of Directors of the Registrant concluded that the Registrant’s unaudited interim consolidated financial statements for the quarters ended March 31, 2025 and June 30, 2025, as previously filed with the Securities and Exchange Commission (“SEC”), should no longer be relied upon. As a result, the Registrant plans to file its Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2025 and June 30, 2025 as soon as practicable. The Registrant currently expects to file the Form 10-Q for the period ended September 30, 2025 within the five-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as soon as practicable

2025-11-03accounts declared unreliable SEC →

2025-10-08auditor changed or resigned SEC →

2025-09-24auditor changed or resigned SEC →

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

The Registrant is unable to file, without unreasonable effort and expense, its Form 10-Q Quarterly Report for the period ended June 30, 2025 because the Registrant is still compiling information for the Form 10-Q and the auditors have not completed their review of the financial statements for that period. The Registrant currently expects to file the Form 10-Q for the period ended June 30, 2025 within the five-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended

2025-05-15filed late (10-Q)auditor SEC →

The Registrant is unable to file, without unreasonable effort and expense, its Form 10-Q Quarterly Report for the period ended March 31, 2025 because the Registrant is still compiling information for the Form 10-Q and the auditors have not completed their review of the financial statements for that period. The Registrant currently expects to file the Form 10-Q for the period ended March 31, 2025 within the five-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended

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

The registrant is unable to file its Form 10-K within the prescribed time period without unreasonable effort or expense due to the need to finalize certain financial disclosures and related documentation pertaining to a significant transaction that closed on January 2, 2025. The transaction’s timing required additional review and analysis, including adjustments to reflect post-closing events, to ensure complete and accurate reporting in compliance with SEC requirements. The registrant is making every effort to complete the necessary work and expects to file the Form 10-K within the 15 calendar day extension provided by Rule 12b-25

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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