Veritas Farms (VFRM) notifies SEC of late Q1 2026 10-Q filing (Form 12b-25)
Rhea-AI Filing Summary
Veritas Farms, Inc. notified the SEC on Form 12b-25 that it will be unable to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company states it needs additional time to provide information to its independent registered public accounting firm to complete the financial review.
The notification is signed by Thomas E. Vickers, Interim Chief Financial Officer, dated May 15, 2026. The filing lists prior unfiled annual and quarterly reports for years and periods through December 31, 2025 and several 2024–2025 quarters.
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Key Figures
Subject period: March 31, 2026
Notification date: May 15, 2026
Contact phone: 833-216-0906
+2 more
5 metrics
Subject period
March 31, 2026
Period end for the Q1 2026 Form 10-Q
Notification date
May 15, 2026
Date Form 12b-25 was signed
Contact phone
833-216-0906
Registrant contact provided on the form
Prior annual reports listed
Dec 31, 2023; Dec 31, 2024; Dec 31, 2025
Form 10-K years identified as not filed in Part IV
Prior quarterly reports listed
Multiple 2024–2025 quarters (see filing)
Form 10-Q periods identified in Part IV
Key Terms
Form 12b-25, Rule 12b-25(b), Quarterly Report on Form 10-Q, forward-looking statements
4 terms
Form 12b-25 regulatory
"notification of late filing for the Q1 2026 Quarterly 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.
Rule 12b-25(b) regulatory
"If the subject report could not be filed without unreasonable effort or expense"
Quarterly Report on Form 10-Q regulatory
"The Registrant has determined that it is 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.
forward-looking statements legal
"This Form 12b-25 contains forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Why did Veritas Farms (VFRM) file Form 12b-25?
The company filed Form 12b-25 because it cannot timely file its Q1 2026 Form 10-Q. The stated reason is needing additional time to provide information to its independent registered public accounting firm to complete the financial review.
When is the Form 12b-25 signed and who signed it for VFRM?
The Form 12b-25 is dated May 15, 2026 and signed by Thomas E. Vickers, Interim Chief Financial Officer. His name and telephone contact appear on the filing for follow-up questions.
Which reporting period is affected by the late filing for VFRM?
The late filing affects the Quarterly Report on Form 10-Q for the period ended March 31, 2026. The 12b-25 specifically references the Q1 2026 Quarterly Report as the subject of the notification.
Has Veritas Farms filed other required reports in the past 12 months?
The filing indicates prior reports remain unfiled, listing Form 10-Ks for years ended December 31, 2023, December 31, 2024, and December 31, 2025, and multiple Form 10-Qs for 2024–2025 quarters as identified in the form.
Does the Form 12b-25 say whether results will materially change?
The form includes the standard question about significant changes in results and the forward-looking statements disclosure, but it does not provide quantitative guidance or state that reported results will materially change from prior periods.