Marin Software ( (MRIN) ) has released a notification of late filing.
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Marin Software Incorporated has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to ongoing negotiations with a potential buyer for the sale of substantially all of the company’s assets, which may lead to a statutory dissolution and liquidation. The company anticipates filing the report within the 15-day extension period allowed by the SEC. Financially, Marin Software reported a net loss of $8.6 million for 2024, with revenue of $16.7 million and operating expenses of $18.5 million. The company also expressed substantial doubt about its ability to continue as a going concern. Marin Software is actively working on compliance efforts and has engaged advisors for potential dissolution. The notification was signed by Robert Bertz, the Chief Financial Officer.
More about Marin Software
YTD Price Performance: -37.56%
Average Trading Volume: 18,604
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.34M
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