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Ault Alliance | NT 10-Q: Notice under Rule 12b25 of inability to timely file all or part of a form 10-Q or 10-QSB

Ault Alliance | NT 10-Q: Notice under Rule 12b25 of inability to timely file all or part of a form 10-Q or 10-QSB

Ault Alliance | NT 10-Q：季报延迟披露公告
美股SEC公告 ·  05/15 16:56
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Ault Alliance, Inc. has filed a notification of late filing with the SEC for its Form 10-Q, which was due for the period ended March 31, 2024. The company cited the impracticability of timely filing the report without undue hardship and expense as the reason for the delay. Ault Alliance reported a significant improvement in its financial performance for the quarter, with revenue increasing by 24% to $36 million from $29 million in the same period the previous year. The loss from continuing operations decreased substantially to $8 million from $30 million year-over-year. The company also noted an increase in its digital assets mining operations by approximately $4 million. Operating expenses were reduced to $20 million, down from $32 million, with decreases across selling and marketing, research and development, and general and administrative expenses. The net loss available to common stockholders was reported at $15 million, a marked improvement from the $49 million loss in the prior year's comparable period. The late filing is expected to be submitted within the five-day extension period provided by Rule 12b-25(b).
Ault Alliance, Inc. has filed a notification of late filing with the SEC for its Form 10-Q, which was due for the period ended March 31, 2024. The company cited the impracticability of timely filing the report without undue hardship and expense as the reason for the delay. Ault Alliance reported a significant improvement in its financial performance for the quarter, with revenue increasing by 24% to $36 million from $29 million in the same period the previous year. The loss from continuing operations decreased substantially to $8 million from $30 million year-over-year. The company also noted an increase in its digital assets mining operations by approximately $4 million. Operating expenses were reduced to $20 million, down from $32 million, with decreases across selling and marketing, research and development, and general and administrative expenses. The net loss available to common stockholders was reported at $15 million, a marked improvement from the $49 million loss in the prior year's comparable period. The late filing is expected to be submitted within the five-day extension period provided by Rule 12b-25(b).
Ault Alliance公司已向美国证券交易委员会（SEC）提交了一份关于其截至2024年3月31日的10-Q表格的延期申报。公司称由于未能及时提交报告会给公司带来不必要的困难和开支，故而申请延期申报。Ault Alliance报告称本季度财务表现显著改善，营业收入同比增长24%，从2900万美元增加到3600万美元。持续经营亏损大幅减少，同比从3000万美元减少到800万美元。公司还提到其数字资产挖掘业务增加约400万美元。营业费用从3200万美元降至2000万美元，销售和市场、研发以及一般管理费用均有所减少。净损失为持通证股东可获得的1500万美元，相比去年同期的4900万美元亏损有明显改善。延期申报将在规定的5天延期期限内提交，该期限由120亿.25(b)规定。
Ault Alliance公司已向美国证券交易委员会（SEC）提交了一份关于其截至2024年3月31日的10-Q表格的延期申报。公司称由于未能及时提交报告会给公司带来不必要的困难和开支，故而申请延期申报。Ault Alliance报告称本季度财务表现显著改善，营业收入同比增长24%，从2900万美元增加到3600万美元。持续经营亏损大幅减少，同比从3000万美元减少到800万美元。公司还提到其数字资产挖掘业务增加约400万美元。营业费用从3200万美元降至2000万美元，销售和市场、研发以及一般管理费用均有所减少。净损失为持通证股东可获得的1500万美元，相比去年同期的4900万美元亏损有明显改善。延期申报将在规定的5天延期期限内提交，该期限由120亿.25(b)规定。
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