Latest 10-K annual reports

DT Cloud Acquisition Corporation filed an amendment to its annual report, providing updated information on its proposed business combination with Maius Pharmaceutical, extensions to its acquisition deadline, and changes in executive leadership.

Brown-Forman Corporation reported a 5% decrease in net sales and a 22% decline in operating income for fiscal year 2025, primarily due to divestitures and macroeconomic headwinds, while focusing on long-term strategic growth initiatives.

The Crypto Company's latest 10-K filing reveals a significant drop in consulting revenue and a substantial net loss for 2024, alongside a negative working capital position, prompting a "going concern" warning from its auditors.

Freedom Holding Corp. announced a 23% increase in total net revenue to $2.05 billion for fiscal year 2025, driven by growth in brokerage and insurance segments, despite a significant 77% decrease in net income attributed to unrealized trading losses and increased operational investments.

Aura Systems, Inc. reported a staggering $21.1 million net loss for Fiscal 2025, a significant increase from the prior year, raising substantial doubt about its ability to continue as a going concern due to mounting debt and operational cash burn.

Riverview Bancorp, Inc. reported a rise in net income to $4.9 million for fiscal year 2025, driven by strategic loan portfolio expansion and non-interest income growth, despite a competitive interest rate environment and shifts in deposit composition.

Friedman Industries, a steel manufacturer and processor, reported a substantial decrease in net earnings and sales for fiscal year 2025, navigating volatile steel prices with the aid of successful hedging strategies, while also extending its asset-based lending facility.

IEH Corporation announced a significant turnaround in its fiscal year ended March 31, 2025, reporting a 33.7% increase in revenue and a return to net income, despite a notable decrease in order backlog and persistent macroeconomic and regulatory challenges.

Jingbo Technology, Inc. reported an increased net loss for the fiscal year ended February 28, 2025, alongside a significant accumulated deficit and a going concern warning, despite revenue growth from its smart parking and new winery sales segments.

Seneca Foods Corporation reported an 8.2% increase in net sales for fiscal year 2025, reaching $1.58 billion, but saw a decline in gross margin and net earnings, while significantly improving cash flow from operations and reducing outstanding debt.

23andMe Holding Co. has filed for Chapter 11 bankruptcy, delisted from Nasdaq, and is in the process of selling substantially all of its assets to Regeneron Pharmaceuticals, Inc. for $256 million, with a higher competing bid of $305 million from an affiliate of its co-founder.

AEON Biopharma, Inc. has filed an amendment to its 2024 Annual Report on Form 10-K to include inadvertently omitted corporate governance documents, specifically related to its Certificate of Incorporation and Bylaws, without altering any financial or other previously reported information.

Finnovate Acquisition Corp. (FNVT) has filed an amended annual report for fiscal year 2024, revealing a net loss, significant shareholder redemptions, a Nasdaq delisting, and ongoing substantial doubt about its ability to continue as a going concern, despite shareholder approval for its proposed business combination with Scage International Limited.

Quaint Oak Bancorp, Inc. filed an Amendment No. 1 to its 2024 Annual Report on Form 10-K to include previously omitted information regarding corporate governance and executive compensation practices.

Resonate Blends, Inc. (KOAN) reported a significant increase in net loss and working capital deficit for the fiscal year ended December 31, 2024, prompting auditors to raise substantial doubt about its ability to continue as a going concern.

Nathan's Famous, Inc. announced a significant increase in total revenues and net income for fiscal year 2025, primarily fueled by robust performance in its product licensing and branded product programs, alongside a successful debt refinancing.

Pyxus International, a global agricultural company, announced a substantial increase in sales and net income for fiscal year 2025, alongside a notable reduction in its overall debt, despite persistent market undersupply and inflationary pressures.

NetApp, Inc. announced a 5% increase in net revenues for fiscal year 2025, reaching $6.572 billion, alongside significant growth in net income and diluted EPS, while continuing robust shareholder return programs.

WhiteHorse Finance, Inc. has filed an amendment to its 2024 Annual Report on Form 10-K to correct its accelerated filer status and include an auditor's report on internal controls, while reporting a significant decline in net assets and investment income for the year.

Elastic N.V. reported total revenue of $1.483 billion for fiscal year 2025, a 17% increase year-over-year, despite returning to a net loss of $108.1 million, as the company continues to invest heavily in its Search AI Platform and expand its global customer base.

Motorcar Parts of America, Inc. announced record net sales of $757.4 million and a significant increase in gross profit to $153.8 million for fiscal year 2025, driven by strong demand and enhanced operating efficiencies, despite reporting a net loss.

Rivulet Entertainment, Inc. filed an amended transition report to restate financial statements, reflecting a reclassification of a $26.9 million equity prepayment related to its acquisition of Rivulet Media, and disclosed new debt financing and ongoing going concern issues.

Noble Romans, Inc. reported a net loss of $3,174 for the fiscal year ended December 31, 2024, a significant decline from the $1.46 million net income in 2023, despite strong growth in its non-traditional franchising segment.

Graham Corporation reported a significant increase in net sales and net income for fiscal year 2025, primarily fueled by robust growth in its Defense segment and strategic acquisitions, while also announcing a planned CEO transition.

Clean Energy Technologies, Inc. (CETY) filed an amended annual report for fiscal year 2024, revealing a reduced net loss and increased gross profit driven by a strategic focus on higher-margin waste-to-energy solutions, despite a significant revenue decline and ongoing financial and Nasdaq compliance concerns.

Allied Gaming & Entertainment Inc. reported a significant increase in net losses for 2024, driven by impairment charges and escalating legal fees, as it navigates a strategic pivot towards mobile gaming and experiential entertainment while facing ongoing shareholder activism.

Alternus Clean Energy, Inc. reported a net income for 2024 driven by significant asset divestitures, but faces severe financial challenges including a substantial decline in continuing operations revenue, a working capital deficiency, and delisting from Nasdaq, raising significant doubt about its ability to continue as a going concern.

Strategic Environmental & Energy Resources, Inc. (SEER) reported a net loss of $1.8 million for 2024 and an accumulated deficit of $36.2 million, with auditors expressing substantial doubt about the company's ability to continue as a going concern.

Dalrada Financial Corporation reported a significant increase in net loss and a substantial decline in revenues across all its business segments for the fiscal year ended June 30, 2024, raising substantial doubt about its ability to continue as a going concern.

UbuyHoldings, Inc., a public shell company, reported a substantial increase in net loss and accumulated deficit for the fiscal year ended May 31, 2024, with auditors expressing significant doubt about its ability to continue as a going concern, as new management takes the helm to pursue a merger or acquisition.