M2 Compliance, a full-service filing agent and printing firm located in Los Angeles, California, is dedicated to fulfill the reporting requirements of publicly traded companies, mutual funds and reporting individuals required to submit EDGAR and XBRL filings in compliance with the rules and regulations from the Securities and Exchange Commission.
Our team of dedicated account managers, audit professionals and CPAs provide the fastest delivery of documents in SEC compliant formats while maintaining the highest standards of customer service from beginning to end. At M2 Compliance we work with a wide range of clients within various industries and markets throughout the world including financial institutions, oil & gas companies, business services providers and everything in between.
Background on 10-Q
Form 10-Q must be filed with the Securities and Exchange Commission after each of the first three fiscal quarters in order to provide an ongoing view of the issuer's financial position during the year and compare the last quarter to the current quarter and the prior year quarter to the current year quarter. Unlike filing a Form 10-K, financial statements are generally not audited when a 10-Q is disclosed.
Information reported on a Form 10-Q includes (but not limited to):
- Financial Statements
- Management Discussion and Analysis of Financial Condition and Results of Operations (MD&A)
- Quantitative and Qualitative Disclosures About Market Risk
- Controls and Procedures
- Legal Proceedings
- Risk Factors (any material changes previously disclosed)
- Unregistered Sales of Equity and Use of Proceeds
- Defaults Upon Senior Securities
- Mine Safety Disclosures
- Additional Information
A form 10-Q must be filed within 45 days for non-accelerated filers and 40 days for large accelerated filers after each of the first three fiscal quarters. The report for the fourth quarter is included with the company's annual report at the end of the fiscal year. This means that public companies are required file three 10-Qs and one 10-K per year, in addition to any other additional reports that may be required.
If a quarterly report is not completed on time before the deadline or in a timely manner, a Notification of Late Filing, also known as Form 12b-25 must be filed within one business day of the due date followed by the extension for the 10-Q or Form NT 10-Q five days later. Form 12b-25 is required to disclose the issuer's inability to file the report timely and also explain the reason for the delay.
Visit our website for more information on Form 10-Q filing services.