Mannatech ( (MTEX) ) has released a notification of late filing.
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Mannatech, Incorporated has notified regulators that it will delay filing its Form 10-K (Yearly Report) for the year ended December 31, 2025, via a Form 12b-25. The company says the delay concerns its annual Form 10-K (Yearly Report), not any prior quarterly Form 10-Q (Quarter Report) or other periodic filings.
Management explains that its independent auditor raised the possibility of a going concern issue, prompting a deeper review. The company needs more time to assess the implications, consult third-party tax advisers, and finalize a cost-reduction plan to address liquidity pressures.
The delay follows a year of declining net sales, operating losses, and negative operating cash flow that created liquidity constraints. These issues are central to the going concern evaluation and are driving the need for additional analysis and remediation planning.
Mannatech expects to file its Form 10-K (Yearly Report) within fifteen calendar days of the original due date, as allowed under SEC rules. Investors should note that the company indicates it has filed all other required reports over the past 12 months and does not anticipate significant changes in operating results versus the prior year.
The company does not provide preliminary financial figures in this notice and characterizes its expectations about future filing and remediation as subject to further review. Any forward-looking statements, including going concern considerations and cost-cutting outcomes, remain dependent on management’s ongoing analysis and external advice.
Mannatech emphasizes its intent to remain in compliance with SEC reporting requirements while it completes this additional work. The notification was signed on April 1, 2026, by Chief Executive Officer Landen Fredrick, underscoring executive-level responsibility for the delayed filing and remediation plan.
The most recent analyst rating on (MTEX) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Mannatech stock, see the MTEX Stock Forecast page.
Spark’s Take on MTEX Stock
According to Spark, TipRanks’ AI Analyst, MTEX is a Neutral.
The score is primarily weighed down by weak financial performance: declining revenue, negative margins/ROE, and negative operating and free cash flow. Technicals are only mildly supportive (price above key moving averages but negative MACD), while valuation is pressured by losses reflected in the negative P/E.
To see Spark’s full report on MTEX stock, click here.
More about Mannatech
Average Trading Volume: 13,885
Technical Sentiment Signal: Sell
Current Market Cap: $10.99M
Find detailed analytics on MTEX stock on TipRanks’ Stock Analysis page.