STOCK TITAN

Higher Q2 sales, late reports at Bespoke Extracts (BSPK)

(Very High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Bespoke Extracts, Inc. (BSPK) filed a notification that it will not timely file its Form 10-Q for the quarter ended June 30, 2026. The company has not yet completed its Form 10-K for the year ended December 31, 2025 or its Form 10-Q for the quarter ended March 31, 2026, both of which must be finished before it can finalize the June 30, 2026 Form 10-Q. Bespoke states these delays could not be overcome without unreasonable effort or expense and it does not expect to file the June 30, 2026 Form 10-Q within the five-calendar-day extension period provided by Rule 12b-25(b). The company provides a preliminary estimate that revenue for the June 30, 2026 quarter is approximately $505,000, compared with $390,553 for the quarter ended June 30, 2025, driven by increased sales across its product lines. This revenue figure is described as preliminary, unaudited and subject to change, and the company is currently unable to reasonably estimate its net loss for the quarter.

Positive

  • Estimated quarterly revenue for June 30, 2026 increased to $505,000 from $390,553 a year earlier, attributed to higher sales across product lines.

Negative

  • Multiple SEC reports are delinquent, including the Form 10-K for year ended December 31, 2025 and the Form 10-Q for quarter ended March 31, 2026.
  • The company does not expect to file the June 30, 2026 Form 10-Q within the five-day extension allowed under Rule 12b-25(b).
  • The company cannot currently provide a reasonable estimate of its net loss for the quarter ended June 30, 2026 due to incomplete financial statements and closing procedures.
Estimated revenue Q2 2026 $505,000 Estimated revenue for the quarter ended June 30, 2026, preliminary and unaudited
Revenue Q2 2025 $390,553 Revenue for the quarter ended June 30, 2025 used for comparison
Late report period Quarter ended June 30, 2026 Subject Form 10-Q not filed on time under Rule 12b-25
Other delinquent filings Form 10-K 2025 and Form 10-Q Q1 2026 Annual and quarterly reports not yet filed during preceding 12 months
Extension period cited Five calendar days Rule 12b-25(b) grace period the company does not expect to meet
Rule 12b-25 regulatory
"seeks relief pursuant to Rule 12b-25(b)"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
unreasonable effort or expense regulatory
"could not be eliminated without unreasonable effort or expense"
periodic reports regulatory
"all delinquent periodic reports as promptly as practicable"
Regularly scheduled documents that a publicly traded company must provide to disclose its financial results, business operations, risks and significant events — like a report card showing revenue, profits, cash flow and key changes over a set period. Investors use these reports to judge a company's health and trends, compare performance over time, and make informed buy, hold or sell decisions; they act as a routine check-up for financial transparency.
closing procedures financial
"upon completion of the Company's closing procedures"
unaudited financial
"The foregoing estimate is preliminary, unaudited and subject to change"
"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.

FAQ

Why is Bespoke Extracts, Inc. (BSPK) filing its June 30, 2026 Form 10-Q late?

Bespoke Extracts is filing late because its 2025 Form 10-K and March 31, 2026 Form 10-Q are not yet completed. The June 30, 2026 Form 10-Q depends on those financial statements and related disclosures being finalized first.

Will Bespoke Extracts (BSPK) file the June 30, 2026 Form 10-Q within the Rule 12b-25 extension period?

No. Bespoke Extracts states it does not expect to file the June 30, 2026 Form 10-Q within the five-calendar-day extension provided by Rule 12b-25(b), citing ongoing work to complete all delinquent periodic reports.

What revenue does Bespoke Extracts (BSPK) estimate for the quarter ended June 30, 2026?

The company estimates revenue of approximately $505,000 for the quarter ended June 30, 2026. This compares with $390,553 for the same quarter in 2025 and is attributed to increased sales across its product lines.

How reliable is Bespoke Extracts’ (BSPK) revenue estimate for June 30, 2026?

The revenue estimate is described as preliminary, unaudited and subject to change. It may be revised after completion of closing procedures and preparation and review of the company’s financial statements for the relevant periods.

Can Bespoke Extracts (BSPK) estimate its net loss for the quarter ended June 30, 2026?

No. The company reports it is unable to provide a reasonable estimate of net loss for the quarter because financial statements for 2025 and March 31, 2026 are incomplete and closing procedures for June 30, 2026 are still in process.

Which other periodic reports are outstanding for Bespoke Extracts (BSPK)?

Bespoke Extracts identifies two delinquent filings: its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

 

NOTIFICATION OF LATE FILING

 

(Check One): ☐ Form 10-K ☐ Form 20-F ☐ Form 11-K ☒ Form 10-Q ☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR

 

For Period Ended: June 30, 2026

 

Transition Report on Form 10-K
Transition Report on Form 20-F
Transition Report on Form 11-K
Transition Report on Form 10-Q
Transition Report on Form N-CEN

For the Transition Period Ended: ________________________

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:

 

PART I — REGISTRANT INFORMATION

 

Bespoke Extracts, Inc.

Full Name of Registrant

 

Former Name if Applicable

 

12001 E. 33rd Avenue, Unit O.

Address of Principal Executive Office (Street and Number)

 

Aurora, CO, 80010

City, State and Zip Code

 

 

 

 

PART II — RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

 

  (a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form  20-F, Form 11-K, Form N-CEN or Form  N-CSR, or portion thereof, will be filed  on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the  prescribed due date; and
  (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III— NARRATIVE

 

State below in reasonable detail why the Form 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR or the transition report portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed.)

 

The Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 or its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The Company requires additional time to complete the preparation of the financial statements and related disclosures required to be included in those reports. The interim financial statements to be included in the Form 10-Q for the quarter ended June 30, 2026 include a balance sheet as of December 31, 2025 derived from the Company's audited financial statements for that year, and the Form 10-Q for the quarter ended March 31, 2026 is required to be filed first. Accordingly, the Company is unable to complete and file the Form 10-Q for the quarter ended June 30, 2026 until those reports have been completed. These conditions could not be eliminated without unreasonable effort or expense. The Company is working to complete and file all delinquent periodic reports as promptly as practicable and does not expect to file the Form 10-Q for the quarter ended June 30, 2026 within the five-calendar-day period provided by Rule 12b-25(b).

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

Michael Feinsod   720   949-1143
(Name)   (Area Code)   (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). ☐ Yes ☒ No

 

Annual Report on Form 10-K for the fiscal year ended December 31, 2025
Quarterly Report on Form 10-Q for the quarter ended March 31, 2026

 

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☒ Yes ☐ No

 

If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

The Company estimates that revenue for the quarter ended June 30, 2026, increased to approximately $505,000 from $390,553 for the quarter ended June 30, 2025. The increase is due to increased sales across its product lines. The foregoing estimate is preliminary, unaudited and subject to change upon completion of the Company's closing procedures and the preparation and review of its financial statements, and is not a guarantee of actual results. The Company is unable at this time to provide a reasonable estimate of its net loss for the quarter ended June 30, 2026 because the financial statements for the fiscal year ended December 31, 2025 and the quarter ended March 31, 2026 have not been completed, and its closing procedures and final review of operating expenses and related accruals for the quarter ended June 30, 2026 remain in process.

 

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Bespoke Extracts, Inc.

 

(Name of Registrant as Specified in Charter)

 

Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 17, 2026 By:  /s/ Michael Feinsod
  Name:  Title: Michael Feinsod
Chief Executive Officer and
Chief Financial Officer

 

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