What are 10-K and 10-Q filings?

10K vs. 10Q: what’s the difference? 10K reports are annual and must include audited financial statements. 10Q reports are quarterly and include unaudited financial statements.

What does 10-Q stand for?

10Q means “Thank you.” It is a speedy way of expressing gratitude. There are many alternative ways of saying thank you, including: 10X (thanks)

How often is a 10-Q filed?

quarterly
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, the 10-Q is an SEC filing that must be filed quarterly with the US Securities and Exchange Commission.

What is a 10-Q filing?

What Is a 10-Q Filing? A 10-Q filing is a report that all public companies must submit to the Securities and Exchange Commission (SEC) after the end of each of their first three fiscal quarters (hence the “Q”). The filing is submitted by filling out a Form 10-Q.

What is Form NT 10-Q?

SEC Form NT 10-Q is a Securities and Exchange Commission (SEC) filing required for companies that will not be able to submit their 10-Q filing (for quarterly financial results) by the SEC deadline or in a timely manner.

What information should be included in 10-Q?

The Form 10-Q includes items relating to “Financial Statements,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Quantitative and Qualitative Disclosures About Market Risk,” “Controls and Procedures,” “Legal Proceedings” and “Risk Factors.” See the above discussion for a …

Is a 10 QA registration statement?

Securities Lawyer 101 Blog Form 10 is a Registration Statement used to register a class of securities pursuant to Section 12(g) of the Securities Exchange Act of 1934 (“Exchange Act”).

Why is a 10-Q important?

Advantages. The Form 10-Q is filled to disclose the company’s unaudited financial statements and give an overview of the company’s financial situation, which provides a window into the company’s financial health.

Why are 10-Q not audited?

When a company completes its quarterly report on Form 10-Q but its auditor cannot or will not complete its review in a timely manner, the issuer is presented with a dilemma. Absent an auditor review, if it files its 10-Q with the SEC, the filing is considered incomplete and not timely filed.