Latest 10-K annual reports

AeroVironment, a leading defense technology provider, reported a 14% revenue increase to $820.6 million for fiscal year 2025, driven by strong demand for loitering munitions, while completing the transformative $2.64 billion BlueHalo acquisition and significantly growing its funded backlog to $726.6 million.

Anterix Inc. reported an increased net loss for fiscal year 2025, driven by strategic investments and severance costs, while simultaneously advancing its 900 MHz spectrum commercialization with new customer agreements and significant regulatory approvals.

Carver Bancorp, Inc. reported a net loss of $13.7 million for fiscal year 2025, a substantial increase from the prior year's $3.0 million loss, driven by higher interest expenses, increased non-interest expenses, and a rise in credit loss provisions, alongside a formal agreement with the OCC.

Laser Photonics Corporation, a laser technology manufacturer, reported a net loss of $2.52 million and a substantial decrease in cash to $0.53 million in 2024, despite strategic acquisitions and efforts to expand its market reach, while also disclosing material weaknesses in its internal controls.

Spectral Capital Corporation, a deep quantum technology platform company, reported a significant increase in net losses to $3.27 million in 2024 with no revenue, raising substantial doubt about its ability to continue as a going concern without immediate capital infusion.

Specificity, Inc.'s 2024 annual report reveals a net loss of $615,261 and a worsening working capital deficit, raising substantial doubt about its ability to continue as a going concern, despite efforts to streamline operations and secure new financing.

C3.ai, Inc. announced a 25.3% increase in total revenue for fiscal year 2025, reaching $389.1 million, fueled by strong demand for its Enterprise AI solutions and strategic partnerships, even as the company continues to incur significant net losses.

Ellington Credit Company has finalized its strategic shift from a residential mortgage REIT to a closed-end fund focused on corporate Collateralized Loan Obligations (CLOs), reporting a net loss of $7.9 million for the three-month period ended March 31, 2025, as it liquidates mortgage-related assets and expands its CLO portfolio.

Casey's General Stores, Inc. announced robust financial results for fiscal year 2025, marked by significant revenue and profit growth, primarily fueled by its largest-ever acquisition and continued execution of its strategic expansion plan.

Israel Acquisitions Corp has filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, primarily to include its previously omitted executive Clawback Policy and updated certifications.

Grace Therapeutics, Inc. announced positive Phase 3 clinical trial results for its lead drug candidate, GTx-104, and plans for an FDA New Drug Application submission in the first half of calendar year 2025, despite reporting continued operating losses and a need for additional capital.

Blue Star Foods Corp. reported a significant increase in net loss and a sharp decline in revenue for the fiscal year ended December 31, 2024, raising substantial doubt about its ability to continue as a going concern, compounded by its recent delisting from Nasdaq.

Farmhouse Inc. reported a net loss of $464,343 for 2024, continuing its financial struggles while pivoting from Web3 to a casual lifestyle brand holding company through planned acquisitions.

AdaptHealth Corp. has filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, solely to include the previously omitted Equity Compensation Plan Table.

Pacific Green Technologies Inc. reported a net profit for fiscal year 2024 driven by significant BESS project sales and revenue growth, despite disclosing material weaknesses in internal financial controls and substantial doubt about its ability to continue as a going concern.

Nocera, Inc. has filed an amended annual report for fiscal year 2024, restating its interim financial statements due to errors in warrant liability valuation and asset misclassifications, while reporting a significant decline in net sales and ongoing concerns about its ability to continue as a going concern.

Rocky Mountain Chocolate Factory, Inc. reported a significant increase in net loss and negative cash flow for fiscal year 2025, prompting its auditor to raise substantial doubt about the company's ability to continue as a going concern, despite recent capital raises and debt covenant waivers.

Daktronics, Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K to correct an administrative error regarding its auditor's consent and to include updated certifications from its principal executive and financial officers.

Cyanotech Corporation announced a 5% increase in net sales and a significant reduction in operating and net losses for fiscal year 2025, despite auditors raising substantial doubt about the company's ability to continue as a going concern.

Chain Bridge I, a blank check company, reported a net loss for 2024, a significant working capital deficit, and the termination of its proposed business combination with Phytanix Bio, leading to its delisting from Nasdaq and raising substantial doubt about its ability to continue as a going concern.

Beyond Air, Inc. reported a net loss of $48.5 million for the fiscal year ended March 31, 2025, with its independent auditors expressing substantial doubt about the company's ability to continue as a going concern despite increased revenue from its LungFit PH system and ongoing capital raising efforts.

Medtronic plc reported a 4% increase in net sales and a significant rise in GAAP net income for fiscal year 2025, fueled by strong performance in its Cardiovascular, Neuroscience, and Diabetes segments, while also announcing plans to separate its Diabetes business.

Smith & Wesson Brands, Inc. announced a substantial decrease in net sales and net income for fiscal year 2025, driven by lower consumer demand and increased operational costs, while navigating a complex legal and regulatory landscape.

Modular Medical, Inc., a pre-revenue medical device company, has received FDA clearance for its MODD1 insulin pump and plans initial shipments by September 2025, while acknowledging substantial doubt about its ability to continue as a going concern without further capital.

Oracle Corporation announced robust revenue growth driven by its cloud services in fiscal year 2025, alongside significant capital expenditures for infrastructure expansion and ongoing strategic investments in AI, despite reporting negative free cash flow.

The J. M. Smucker Company recorded a significant net loss of $1.23 billion in fiscal year 2025, primarily due to substantial goodwill and intangible asset impairment charges related to its Hostess Brands acquisition, despite a 7% increase in net sales.

Borealis Foods Inc. has filed an Amendment No. 2 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, primarily to correct beneficial ownership information for directors, executive officers, and a significant shareholder.

GSI Technology, a semiconductor memory solutions provider, reported a significantly reduced net loss for fiscal year 2025, driven by cost-cutting measures and a one-time gain from a property sale, while actively pursuing strategic alternatives and advancing its AI-focused Associative Processing Unit technology.

GMS Inc. announced a substantial 58.2% decrease in net income and an 18.6% drop in Adjusted EBITDA for fiscal year 2025, primarily due to softening market demand, deflationary pricing in steel framing, and a $42.5 million goodwill impairment charge, despite a slight increase in net sales driven by strategic acquisitions.

Vocodia Holdings Corp has filed an amendment to its 2024 annual report, restating financial statements due to a misclassified transaction, revealing increased net losses and raising substantial doubt about its ability to continue as a going concern.