Business Context and Reporting Period
This Form 8-K is filed by Blackboxstocks Inc. (not Realloys Inc.) for the reporting period of September 4, 2025. The company is an emerging growth company incorporated in Nevada, with its principal executive offices in Dallas, Texas. The filing reports on significant changes in corporate leadership under Item 5.02.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
- Departure of Officer: Eric Pharis, a founder and the Chief Operating Officer (COO) since 2021, resigned from his executive role on September 4, 2025.
- Appointment of Officer: Teresa Wills was appointed as the Chief Operating Officer of Blackbox.io Inc., a wholly owned subsidiary, effective September 4, 2025. She succeeds Mr. Pharis in all duties related to the subsidiary's operations.
- Continuity: Mr. Pharis will remain with the company as a consultant to provide advisory and transitional services.
Management Commentary and Outlook
Management states that Ms. Wills' appointment reflects the company's focus on scaling operations and expanding its educational platform to drive long-term shareholder value. Ms. Wills has been with the company since 2017 and previously held senior roles at Macromedia, Inc., National Semiconductor Corporation, and Pacific Bell. The filing does not contain specific financial guidance, risk factors, or contingencies beyond the standard personnel transition.
Investor Verification Checklist
- Verify the exact scope of Eric Pharis's ongoing consulting agreement and any associated compensation.
- Confirm the strategic roadmap for Blackbox.io Inc. under the new leadership of Teresa Wills.
- Review subsequent filings for any financial impact related to the leadership transition.
- Note the discrepancy between the requested company name (Realloys Inc.) and the actual registrant (Blackboxstocks Inc.).