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Stock impact report

Smith-Midland Announces Delayed Filing of 2023 Form 10-K [Yahoo! Finance]

Smith-Midland Corporation (SMID) 
NASDAQ:AMEX Investor Relations: smithmidland.com/investor-relations
Company Research Source: Yahoo! Finance
and patented precast concrete products and systems, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the late filing of its Annual Report on Form 10-K ("Form 10-K") for the year ended December 31, 2023. The company expects to file its Form 10-K on or before April 16, 2024. The extension is related to the Company requiring additional time to complete its financial reporting close process, including management's assessment of the Company's internal control over financial reporting, as to which material deficiency existence (including with respect to accounts receivable allowances) will be made, and to gather information required to complete auditing procedures. As previously reported throughout 2023, revenue is expected to be higher for the year ended December 31, 2023 than the prior year ended December 31, 2022 resulting in higher net income for the year ended December 31, 2023 than the prior year ended December 31, 20 Show less Read more
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