Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB
15 Août 2024 - 10:00PM
Edgar (US Regulatory)
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
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SEC FILE NUMBER
001-35994 |
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CUSIP NUMBER
42237K 508 |
(Check One):
☐ Form
10-K ¨ Form 20-F ¨
Form 11-K
☒
Form 10-Q ¨ Form
10-D ¨ Form N-CEN ¨
Form N-CSR
For Period Ended: June 30, 2024
¨
Transition Report on Form 10-K
¨ Transition
Report on Form 20-F
¨ Transition
Report on Form 11-K
¨ Transition
Report on Form 10-Q
For the Transition Period Ended: N/A
Read Instruction (on back page) Before
Preparing Form. Please Print or Type.
Nothing in this
form shall be construed to imply that the Commission has verified any information contained herein.
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If the notification relates to
a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A
PART I. |
REGISTRANT INFORMATION. |
Scorpius
Holdings, Inc.
Full Name of Registrant’
Former Name if Applicable
627 Davis
Drive, Suite 300
Address of Principal Executive Office
(Street and Number)
Morrisville,
NC 27560
City, State and Zip Code
PART
II. |
RULES
12B-25 (b) AND (c) |
If
the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b),
the following should be completed. (Check box if appropriate.)
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(a) The
reasons described in reasonable detail in Part III of this Form could not be eliminated without unreasonable
effort or expense;
(b) The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion
thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report
or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the
fifth calendar day following the prescribed due date; and
(c) The
accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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The Company is unable to file its Quarterly Report
on Form 10-Q ended June 30, 2024 by August 14, 2024 without unreasonable effort or expense. The Company requires additional time to finalize
its financial statements for such quarterly period.
PART IV. |
OTHER INFORMATION |
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(1) |
Name and telephone number of person to contact in regard to this notification: |
William Ostrander (919) 240-7133
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(2) |
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the Company was required to file such report(s) been filed? If the answer is no, identify report(s). |
x
Yes ¨
No
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(3) |
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings to be included in the subject report or portion thereof? |
x
Yes
¨ No
If so, attach an explanation of the anticipated
change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be
made.
For the quarter
ended June 30, 2024, on a preliminary unaudited basis, the Company expects to recognize between approximately $0.3 million and $0.8 million
of revenue. For the quarter ended June 30, 2023, the Company recognized approximately $0.7 million of revenue.
For the quarter ended June 30, 2024,
on a preliminary unaudited basis, we expect operating loss to be between $8.6 million and $9.1 million and net loss before income taxes
from continuing operations to be between $9.2 million and $9.7 million. For the quarter ended June 30, 2023, operating loss was $11.9
million and net loss before income taxes from continuing operations was $12.1 million.
Scorpius
Holdings, Inc. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
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SCORPIUS HOLDINGS, INC. |
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Dated: August
15, 2024 |
By: |
/s/ William
Ostrander |
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William Ostrander |
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Chief Financial Officer |
Scorpius (AMEX:SCPX)
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