Business Context and Reporting Period
Company: Syntec Optics Holdings, Inc. (OPTX)
Filing Type: Form 8-K (Current Report)
Date of Report: September 24, 2025
Reporting Period: This filing addresses the status of delinquent filings for the fiscal year ended December 31, 2024, and the quarters ended March 31, 2025, and June 30, 2025.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This 8-K report focuses exclusively on the status of regulatory filings rather than financial performance data.
Material Changes and Delinquency Status
- Delinquent Filings: The Company is delayed in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, and June 30, 2025.
- NASDAQ Compliance: The Company has been granted a NASDAQ exception to regain compliance with delinquent filings. This exception is valid for a maximum of 180 calendar days from the due date of the initial delinquent filing (October 13, 2025).
- Audit Status: Auditors have substantially completed procedures for the affected periods. Remaining steps involve final engagement quality review and national office quality control comments.
Outlook and Management Commentary
Management anticipates that the remaining administrative tasks and approvals necessary to simultaneously file the Form 10-K and Form 10-Qs will be concluded within two additional days from the date of this report. The Company is maintaining daily calls with its auditors to complete the process as soon as practicable and intends to file the reports promptly upon finalization.
Investor Verification Checklist
- Verify the actual filing date of the Form 10-K (FY 2024) and Form 10-Qs (Q1 and Q2 2025) to confirm the "two additional days" timeline.
- Monitor the Company's compliance status with NASDAQ listing rules to ensure the 180-day exception period is not exceeded.
- Review the upcoming financial statements for any material weaknesses or going concern qualifications related to the filing delays.
- Confirm the status of the Company's redeemable warrants (OPTXW) and any potential adjustments due to the filing delays.