Home / Late quarterly reports / FlexShopper, Inc.

5/5FlexShopper, Inc. (FPAY): Late quarterly report (NT 10-Q)

Filed 2025-05-16 路 Form NT 10-Q 路 Accession 0001213900-25-044861 nano

Market data

Price before filing: $1.33 (2025-05-15 close, split/dividend-adjusted)
Market cap at flag: $28.2M (2025-05-16) 路 Latest: $2,154 (2026-03-05)

What happened next

WindowFPAYSPYvs SPY
30 days-1.5%+2.1%-3.6%2025-06-16
90 days-55.3%+9.6%-64.8%2025-08-14
180 days-99.2%+16.4%-115.6%2025-11-12

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: 1 insider bought $208K (4 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
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
2025-05-16: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-15 to 2025-06-15. 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 is unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2025, within the prescribed time period due to delays in finalizing the assessment of accounts receivable and revenue recognition related to leases in which FlexShopper is the lessor. These delays are primarily driven by the high volume of transactions combined with the significant judgment required under Accounting..."

Quoted from the filing. Source

What this means

The company told the SEC it could not file its quarterly report on time (Form NT 10-Q) and then missed the 5-day extension too. Repeated late filings are a stronger warning.

Status: still missing

Why this score: report still not filed after extension; also within 90 days: Late annual report (NT 10-K), Non-reliance / restatement

Read the original filing on SEC.gov →

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

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