Charles & Colvard ( (CTHR) ) has released a notification of late filing.
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Charles & Colvard, Ltd. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending September 30, 2025. The primary reasons for this delay include the need for additional time to complete procedures related to delinquent annual financial statements, as well as ongoing litigation and shareholder activism that have diverted company resources and management time. The company does not anticipate filing the report within the five-day grace period provided by the SEC. Financially, Charles & Colvard expects to report a net loss for the quarter ended September 30, 2025, with net sales anticipated to decrease compared to the same period in the previous year. The company is implementing cost reduction strategies, including headcount and salary reductions, to stabilize its operations. The notification was signed by Clint J. Pete, the Chief Financial Officer, as part of the company’s ongoing compliance efforts.
The most recent analyst rating on (CTHR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Charles & Colvard stock, see the CTHR Stock Forecast page.
Spark’s Take on CTHR Stock
According to Spark, TipRanks’ AI Analyst, CTHR is a Neutral.
Charles & Colvard’s stock score is significantly impacted by its poor financial performance and valuation. The company’s strategic move to secure a convertible note agreement provides some positive outlook. However, technical indicators suggest a bearish trend, and the lack of earnings call data prevents a more comprehensive analysis.
To see Spark’s full report on CTHR stock, click here.
More about Charles & Colvard
Average Trading Volume: 8,046
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.57M
For detailed information about CTHR stock, go to TipRanks’ Stock Analysis page.