TRLC · OTC
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.
Hover or tap a dot to see the filings behind that score.
The registrant could not complete the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Quarterly Report”) within the prescribed period without unreasonable effort or expense due to the resignation of the registrant's prior independent registered public accounting firm on February 28, 2023. The registrant engaged KPMG LLP (“KPMG”) as its new independent registered public accounting firm on June 26, 2023. The filing of this Quarterly Report will be delayed until the Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 are filed with the Securities and Exchange Commission ("SEC"). These reports are still subject to review by KPMG. The Company expects to file its Quarterly Report within the five-day extension period provided by Rule 12(b)-25. The registrant expects that when it files the Quarterly Report for the quarter ended September 30, 2023, its Consolidated Statement of Operations for the three months ended September 30, 2023, and the nine months ended September 30, 2023, respectively, will indicate that the Net Change in Net Assets Resulting from Operations decreased by approximately $1.0 million and $5.2 million, respectively, compared to the same respective period in the prior year. This is primarily attributable to a decrease of approximately $3.0 million and $7.3 million in total investment income compared to the three months ended September 30, 2022 and the nine months ended September 30, 2022, respectively. The estimated results in this filing represent the registrant's preliminary estimates of certain financial results for the quarter ended September 30, 2023, based on currently available information
NT 10-Q, filed 2023-11-15 · auditor
The registrant could not complete the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Quarterly Report”) within the prescribed period without unreasonable effort or expense due to the resignation of the registrant's prior independent registered public accounting firm on February 28, 2023. The registrant engaged KPMG LLP (“KPMG”) as its new independent registered public accounting firm on June 26, 2023. The filing of this Quarterly Report will be delayed until the Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 are filed with the Securities and Exchange Commission ("SEC"). These reports are still subject to review by KPMG. The Company expects to file its Quarterly Report within the five-day extension period provided by Rule 12(b)-25. The registrant expects that when it files the Quarterly Report for the quarter ended September 30, 2023, its Consolidated Statement of Operations for the three months ended September 30, 2023, and the nine months ended September 30, 2023, respectively, will indicate that the Net Change in Net Assets Resulting from Operations decreased by approximately $1.0 million and $5.2 million, respectively, compared to the same respective period in the prior year. This is primarily attributable to a decrease of approximately $3.0 million and $7.3 million in total investment income compared to the three months ended September 30, 2022 and the nine months ended September 30, 2022, respectively. The estimated results in this filing represent the registrant's preliminary estimates of certain financial results for the quarter ended September 30, 2023, based on currently available information
The registrant could not complete the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the “Quarterly Report”) within the prescribed period due to the resignation of the registrant's prior independent registered public accounting firm on February 28, 2023. The registrant engaged KPMG LLP (“KPMG”) as its new independent registered public accounting firm on June 26, 2023. The filing of this Quarterly Report will be delayed until the Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 are filed with the Securities and Exchange Commission ("SEC"). These reports are still subject to audit or review by KPMG. The registrant expects that when it files the Quarterly Report for the quarter ended June 30, 2023, its Consolidated Statement of Operations for the quarter ended June 30, 2023, will indicate that the Net Change in Net Assets Resulting from Operations decreased by approximately $1.4 million compared to the same period in the prior year. This is primarily attributable to an approximate $2 .4 millio n decrease in total investment income compared to the second quarter of 2022. The estimated results in this filing represent the registrant's preliminary estimates of certain financial results for the quarter ended June 30, 2023, based on currently available information. The registrant has not yet finalized its consolidated financial statements as of and for the year ended December 31, 2022, as of and for the quarter ended March 31, 2023, and as of and for the quarter ended June 30, 2023, and they are not currently available. The registrant's actual results remain subject to the finalization of its Annual or Quarterly Reports including the review by management, the registrant's board of managers and the audit committee and are still subject to audit or review by KPMG
2023-06-27auditor changed or resigned SEC →
The registrant could not complete the filing of its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023 (the “Quarterly Report”) within the prescribed period due to the resignation of the registrant's independent registered public accounting firm on February 28, 2023. The registrant is in discussions to engage a new independent registered public accounting firm, but until a new firm is engaged, the filing of the Quarterly Report will be delayed, which delay could not be eliminated by the registrant without unreasonable effort and expense. The registrant expects that when it files the Quarterly Report, its Consolidated Statement of Operations for the quarterly period ended March 31, 2023, will indicate that the Net Change in Net Assets Resulting from Operations decreased approximately by $1.9 million compared to the same period in the prior year. This is primarily attributable to an approximate $1 .9 millio n decrease in total investment income compared to the first quarter of 2022. The primary causes of these changes were the lingering impact of the recent global pandemic and other negative global economic conditions negatively impacting the performance of the portfolio. The estimated results in this filing represent the registrant's preliminary estimates of certain financial results for the quarterly period ended March 31, 2023, based on currently available information. The registrant has not yet finalized its consolidated financial statements as of and for the quarterly period ended March 31, 2023, and they are not currently available. The registrant's actual results remain subject to the finalization of its Quarterly Report as well as a review by management and the registrant's board of managers, including the audit committee. As a result, the registrant's actual results could be different from those set forth herein and the differences could be material
The registrant could not complete the filing of its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Annual Report”) within the prescribed period due to the resignation of the registrant's independent registered public accounting firm on February 28, 2023. The registrant is in discussions to engage a new independent registered public accounting firm, but until a new firm is engaged, the filing of the Annual Report will be delayed, which delay could not be eliminated by the Registrant without unreasonable effort and expense. The registrant expects that when it files the Annual Report, its Consolidated Statement of Operations for the year ended December 31, 2022, will indicate that the Net Change in Net Assets Resulting from Operations decreased by $31.2 million compared to the prior year. This is primarily attributable to an approximate $23.0 million increase in unrealized depreciation on investments year over year. This increase reflects the aggregate impact of fair value adjustments to the investment portfolio. The primary causes of these adjustments were the lingering impact of the recent global pandemic and other negative global economic conditions negatively impacting the performance of the portfolio, particularly in the fourth quarter of 2022. The estimated results in this filing represent the registrant's preliminary estimates of certain financial results for the year ended December 31, 2022, based on currently available information. The registrant has not yet finalized its consolidated financial statements as of and for the year ended December 31, 2022, and they are not currently available. The registrant's actual results remain subject to the finalization of its Annual Report as well as a review by management and the registrant's board of managers, including the audit committee. As a result, the registrant's actual results could be different from those set forth herein and the differences could be material
2023-03-06auditor changed or resigned SEC →
2022-07-20auditor changed or resigned SEC →
2022-05-10auditor 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