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Team Inc

TISI · NYSE

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.

$41Mpublic float
2022-08-15most recent failure

Score over time

0123202220232024202520262022-01-01 · score 12021-11-10 filed late (10-Q) · going concern2022-04-01 · score 12021-11-10 filed late (10-Q) · going concern2022-07-01 · score 22022-05-11 filed late (10-Q) · accounts not ready2021-11-10 filed late (10-Q) · going concern2022-10-01 · score 32022-08-15 filed late (10-Q)2022-05-11 filed late (10-Q) · accounts not ready2021-11-10 filed late (10-Q) · going concern2023-01-01 · score 22022-08-15 filed late (10-Q)2022-05-11 filed late (10-Q) · accounts not ready2023-04-01 · score 22022-08-15 filed late (10-Q)2022-05-11 filed late (10-Q) · accounts not ready2023-07-01 · score 12022-08-15 filed late (10-Q)

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

Why they said they were late

The Registrant reviews its status as an accelerated filer as of June 30th each year. As of June 30, 2022, the Registrant determined that the Common Stock held by non-affiliates totaled $31,985,670 which was below the threshold to be considered an accelerated filer. There was a misunderstanding of the filing deadline requirement and the Registrant believed that it was subject to the non-accelerated filer deadlines beginning June 30, 2022, which would have allowed for a filing deadline of August 15, 2022. As such, the Registrant has not filed the Form 10-Q with the Securities and Exchange Commission within the prescribed time period. The Registrant’s delay in filing was unintentional and it intends to file its Form 10-Q on August 15, 2022

NT 10-Q, filed 2022-08-15

What it filed

2022-08-15filed late (10-Q) SEC →

The Registrant reviews its status as an accelerated filer as of June 30th each year. As of June 30, 2022, the Registrant determined that the Common Stock held by non-affiliates totaled $31,985,670 which was below the threshold to be considered an accelerated filer. There was a misunderstanding of the filing deadline requirement and the Registrant believed that it was subject to the non-accelerated filer deadlines beginning June 30, 2022, which would have allowed for a filing deadline of August 15, 2022. As such, the Registrant has not filed the Form 10-Q with the Securities and Exchange Commission within the prescribed time period. The Registrant’s delay in filing was unintentional and it intends to file its Form 10-Q on August 15, 2022

2022-05-11filed late (10-Q)accounts not ready SEC →

The Quarterly Report on Form 10-Q of Team, Inc. (the “Registrant”) for the quarter ended March 31, 2022 (the “10-Q”) could not be filed with the Securities and Exchange Commission (the “SEC”) within the prescribed time period without unreasonable effort or expense. The Registrant needed additional time to finalize its disclosure related to the closing of a series of related transactions in support of a comprehensive plan to refinance its capital structure that took place during the quarter, and disclosures in connection with the various and related amendments to the agreements related to such transactions that were entered into on May 6, 2022. In addition, due to the fact the Registrant encountered technical difficulties while submitting the 10-Q with the SEC through third-party filing software, the Registrant’s submission of the 10-Q was not received by the SEC until after 5:30 p.m. on May 10, 2022. The 10-Q was accepted by the SEC at 5:58 p.m. on May 10, 2022

2021-11-10filed late (10-Q)going concern SEC →

The Quarterly Report on Form 10-Q for the three months ended September 30, 2021 (the “Quarterly Report”) of TEAM, INC. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. The delay in filing is due to (i) the Company’s recently announced entry into a new subordinated term loan facility and (ii) to allow adequate time for management to perform its review and assessment of certain financial and other related data and the disclosures required in connection therewith, as described in further detail in the paragraphs below. Management is continuing to review the Company’s liquidity position and related disclosures. Given the Company’s current liquidity position, management is continuing to evaluate if there is substantial doubt about the Company’s ability to continue to operate as a going concern within one year after the date the Quarterly Report is filed. This analysis is further described in “Part IV – Other Information” below. The Company intends to file its Quarterly Report on Form 10-Q within the grace period prescribed in Rule 12b-25 under 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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