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RiskOn International, Inc. has filed a notification of late filing with the SEC for its Form 10-K, which was due for the fiscal year ended March 31, 2024. The company cited the complexity of compiling, disseminating, and reviewing the required information as the reason for the delay, stating that timely filing was impracticable without undue hardship and expense. RiskOn International expects to report $0.3 million in revenue for FY 2024, a significant increase from the previous year when it had no revenue. However, the company anticipates a gross loss of $2 million and an increased operating loss of $31 million for the same period. The increase in losses is attributed to higher selling, general, and administration expenses, impairment loss on intangible assets, and increased salaries and benefits. Despite the increased operating loss, the company estimates a lower loss from continuing operations of $25 million in FY 2024 compared to $34 million in FY 2023, due to various factors including gains from conversions and investments. The notification was signed by Chief Financial Officer Kayson Pulsipher on July 1, 2024.
RiskOn International, Inc. has filed a notification of late filing with the SEC for its Form 10-K, which was due for the fiscal year ended March 31, 2024. The company cited the complexity of compiling, disseminating, and reviewing the required information as the reason for the delay, stating that timely filing was impracticable without undue hardship and expense. RiskOn International expects to report $0.3 million in revenue for FY 2024, a significant increase from the previous year when it had no revenue. However, the company anticipates a gross loss of $2 million and an increased operating loss of $31 million for the same period. The increase in losses is attributed to higher selling, general, and administration expenses, impairment loss on intangible assets, and increased salaries and benefits. Despite the increased operating loss, the company estimates a lower loss from continuing operations of $25 million in FY 2024 compared to $34 million in FY 2023, due to various factors including gains from conversions and investments. The notification was signed by Chief Financial Officer Kayson Pulsipher on July 1, 2024.
RiskOn International, Inc.は、2024年3月31日に期了した財政年度のフォーム10-Kについて、遅延届出の通知をSECに提出しました。同社は、必要な情報を編成、普及、再検討することの複雑性を理由として、遅延の原因を述べ、適時の申告が不可能であると述べています。 RiskOn Internationalは、2024年度の売上高を300万ドルを報告することを期待しており、前年と比較して大幅な増加となります。しかし、同期間の負毛利2億ドルと増加した事業損失31億ドルを予想しています。増加した損失は、高い販売、一般、管理費用、無形資産の減損損失、給与及び福利厚生費用の増加に起...すべて展開
RiskOn International, Inc.は、2024年3月31日に期了した財政年度のフォーム10-Kについて、遅延届出の通知をSECに提出しました。同社は、必要な情報を編成、普及、再検討することの複雑性を理由として、遅延の原因を述べ、適時の申告が不可能であると述べています。 RiskOn Internationalは、2024年度の売上高を300万ドルを報告することを期待しており、前年と比較して大幅な増加となります。しかし、同期間の負毛利2億ドルと増加した事業損失31億ドルを予想しています。増加した損失は、高い販売、一般、管理費用、無形資産の減損損失、給与及び福利厚生費用の増加に起因します。増加した事業損失にもかかわらず、同社は、コンバージョンや投資の利益を含む様々な要因により、2024年度の継続する事業の損失が2023年度の3,400万ドルに比べて2,500万ドルとなる見込みです。通知は、2024年7月1日にチーフファイナンシャルオフィサーのケイソン・パルシファーによって署名されました。
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