Infinite Group delays Q1 2026 10-Q filing

Infinite Group, Inc. delayed filing its Quarterly Report on Form 10-Q for the period ended March 31, 2026 because it is completing financial statements and its independent registered public accounting firm requires additional time to complete its review.

Rhea-AI Filing Summary

Infinite Group, Inc. delayed filing its Quarterly Report on Form 10-Q for the period ended March 31, 2026 because it is completing financial statements and its independent registered public accounting firm requires additional time to complete its review.

The company attributes lower revenue to a significant reduction of work from its largest customer, estimating revenue fell from $1.7 million (3 months ended March 31, 2025) to $0.8 million (3 months ended March 31, 2026). The registrant estimates a larger net loss of approximately $692,000 for the three months ended March 31, 2026, compared to $426,000 for the prior-year period.

Insights

Accounting Analyst

Delay tied to completion of financials and audit review

The notification states the Form 10-Q for the quarter ended March 31, 2026 could not be filed by the May 15, 2026 due date because the company is completing its financial statements and the independent registered public accounting firm needs additional time to complete its review. The delay is described as requiring additional effort rather than a disagreement with auditors.

Watch for the completed Form 10-Q and the auditor's review conclusion when filed; that filing will provide audited or reviewed financial statements, footnote disclosures, and any auditor communications.

Financial Analyst

Revenue and loss estimates show material near-term deterioration

The registrant estimates revenue decreased from $1.7 million to $0.8 million for the comparable three-month periods, and net loss widened to approximately $692,000 from $426,000. These figures are presented as estimates tied to reduced work from its largest customer.

Subsequent filings should confirm these estimates with finalized results and provide detail on customer concentration, cash runway, and any remedial actions.

Key Figures

Revenue (Q1 2025): $1.7 million Revenue (Q1 2026, estimated): $0.8 million Net loss (Q1 2026, estimated): $692,000 +3 more

6 metrics

Revenue (Q1 2025) $1.7 million 3 months ended March 31, 2025

Revenue (Q1 2026, estimated) $0.8 million 3 months ended March 31, 2026

Net loss (Q1 2026, estimated) $692,000 3 months ended March 31, 2026

Net loss (Q1 2025) $426,000 3 months ended March 31, 2025

Net operating loss (Q1 2025) $260,000 3 months ended March 31, 2025

Net operating loss (Q1 2026) $460,000 3 months ended March 31, 2026

Key Terms

Form 12b-25, Quarterly Report on Form 10-Q, independent registered public accounting firm

3 terms

Form 12b-25 regulatory

"Notification of Late Filing; used to notify the SEC of an inability to timely file a periodic report"

Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.

Quarterly Report on Form 10-Q regulatory

"The Registrant was unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2026"

A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.

independent registered public accounting firm financial

"the independent registered public accounting firm requires additional time to complete its review"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did IMCI file a Form 12b-25 for the March 31, 2026 10-Q?

Because the company and its auditors need more time to complete financial statements and review. The filing states the independent registered public accounting firm requires additional time to complete its review before the Quarterly Report can be filed.

What revenue change did Infinite Group, Inc. report in the notice?

The company estimates revenue declined from $1.7 million to $0.8 million. This drop is attributed to a significant reduction of work from the company’s largest customer during the second quarter of 2025.

How did the net loss change between the comparable quarters?

Estimated net loss increased to approximately $692,000 from $426,000. The notice reports an increased net operating loss and a larger overall net loss for the three months ended March 31, 2026 compared to the prior year period.

Will the delayed 10-Q be filed soon after this notice?

The Form 12b-25 indicates the company is still compiling required information and the auditors need additional time. The notice does not provide a specific filing date; the company must file the 10-Q when the review and financial statements are complete.

Does the notice identify why revenues decreased?

Yes — a significant reduction of work from the company’s largest customer (a Federal Government subcontractor). The reduction is cited as the primary reason for lower revenues and larger losses in the quarter.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/15/2026 - 04:00 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

	NOTIFICATION OF LATE FILING	SEC FILE NUMBER 000-21816
		CUSIP NUMBER 456910405

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

For Period Ended: March 31, 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-SAR
	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

Full Name of Registrant

INFINITE GROUP, INC.

Former Name if Applicable

N/A

Address of Principal Executive Office (Street and Number)

175 Sully’s Trail, Suite 202

City, State and Zip Code

Pittsford, New York 14534

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 reasons 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, 11-K, Form N-SAR or From 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 of 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 the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Infinite Group, Inc. (the "Registrant") was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 (the "Quarterly Report") by the May 15, 2026, filing date applicable to smaller reporting companies due to a delay experienced by the Registrant in completing its financial statements and other disclosures in the Quarterly Report. As a result, the Registrant is still in the process of compiling required information to complete the Quarterly Report and its independent registered public accounting firm requires additional time to complete its review of the financial statements for the period ended March 31, 2026, to be incorporated in the Quarterly Report.

PART IV -OTHER INFORMATION

(1)	Name and telephone number of person to contact in regard to this notification
	Richard Glickman		585		485-5760
	(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 answer is no, identify report(s). ☐  Yes ☒ No
	Annual Report on Form 10-K for the period ending December 31, 2025
(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.  Due to the significant reduction of work from the Company’s largest customer (a Federal Government subcontractor) during the second quarter of 2025, the Company estimates that its revenues decreased from approximately $1.7 million for the 3 month period ended March 31, 2025 to approximately $0.8 million in 2026. This caused the net operating loss to increase from approximately $260 thousand in 2025 to approximately $460 thousand in 2026. The net loss increased to approximately $692,000 for the 3 month period ended March 31, 2026, compared to a net loss of approximately $426,000 for the 3 month period ended March 31, 2025.

2

INFINITE GROUP, 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: May 15, 2026	By:	/s/ Richard Glickman
		Name:	Richard Glickman
		Title:	VP Finance and Chief Accounting Officer

3