Summary by Moomoo AI
Mobiquity Technologies, Inc. has filed a Form 12b-25 with the United States Securities and Exchange Commission to notify a delay in the submission of its Form 10-K for the period ended December 31, 2023. The company, headquartered at 35 Torrington Lane, Shoreham, NY, cited the need for additional time to complete the Form 10-K disclosures and to furnish the XBRL Interactive Data File exhibits as required. Mobiquity Technologies anticipates filing the report within the fifteen-day extension period provided by Rule 12b-25(b). Furthermore, the company has indicated that there will be a significant change in the results of operations compared to the last fiscal year, with an estimated net loss of $6.5 million for 2023, which is an improvement from the $8,062,328 net loss reported for 2022. The notification was signed by Dean L. Julia, the Chief Executive Officer of Mobiquity Technologies, on April 1, 2024.