Scorpius Holdings ( (SCPX) ) has released a notification of late filing.
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Scorpius Holdings, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the fiscal year ending December 31, 2024. The company cites time constraints on management as the primary reason for the delay, which has made timely filing impractical without incurring undue hardship and expense. Scorpius Holdings plans to submit the report within a fifteen-day extension period as allowed by the SEC’s Rule 12b-25. Financially, the company anticipates a decrease in net loss for 2024, expecting it to be between $30.7 million and $33.2 million, compared to a $46.8 million net loss in 2023. Revenue is also expected to decrease slightly. The company is committed to ongoing compliance efforts, as indicated by the signature of William Ostrander, Chief Financial Officer, on the notification.
More about Scorpius Holdings
YTD Price Performance: -59.12%
Average Trading Volume: 2,645,568
Technical Sentiment Signal: Buy
Current Market Cap: $805K
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