Home / Late annual reports / FlexShopper, Inc.

5/5FlexShopper, Inc. (FPAY): Late annual report (NT 10-K)

Filed 2025-04-01 路 Form NT 10-K 路 Accession 0001213900-25-027102 nano

Market data

Price before filing: $1.28 (2025-03-31 close, split/dividend-adjusted)
Market cap at flag: $28.3M (2025-04-01) 路 Latest: $2,154 (2026-03-05)

What happened next

WindowFPAYSPYvs SPY
30 days+7.8%-0.2%+8.0%2025-05-01
90 days-6.2%+10.8%-17.0%2025-06-30
180 days-46.7%+19.3%-66.0%2025-09-29

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider bought $208K (4 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-04-01: red flag filed
2025-04-24Dvorkin Howard
Director, 10% owner
Purchase10,600$1.25$13KnoForm 4
2025-04-24Dvorkin Howard
Director, 10% owner
Purchase10,000$1.30$13KnoForm 4
2025-04-25Dvorkin Howard
Director, 10% owner
Purchase10,129$1.34$14KnoForm 4
2025-05-01Dvorkin Howard
Director, 10% owner
Purchase128,668$1.31$169KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-01 to 2025-05-01. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"The Registrant's Annual Report on Form 10-K for the year ended December 31, 2024 cannot be filed within the prescribed time period because the Registrant is experiencing delays in the determination of both fair value and accounts receivables reserves required to be included in the Form 10-K due to the operational wind down of one of the Registrant's outsourced collection agencies."

Quoted from the filing. Source

What this means

The company told the SEC it could not file its annual report on time (Form NT 10-K) and then missed the 15-day extension too. Late annual reports often precede restatements, auditor problems or going-concern warnings.

Status: still missing

Why this score: report still not filed after extension; also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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