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Waste Energy (WAST) delays Q1 2026 10-Q filing under Rule 12b-25

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Waste Energy Corp. notified the SEC that it cannot timely file its Form 10-Q for the period ended March 31, 2026. The company states additional time is needed to compile and analyze supporting documentation and to permit its independent registered public accounting firm to complete its review.

Positive

  • None.

Negative

  • None.
Period Ended March 31, 2026 Form 10-Q period end
Notice Type Form 12b-25 (NT 10-Q) Notification of late filing for Form 10-Q
Signing Date May 14, 2026 Date signed by CFO Braden Glasbergen
Contact Phone 289-251-2714 Telephone number listed for Braden Glasbergen
CUSIP 23131W 103 CUSIP number shown on the form
Rule 12b-25 regulatory
"If the subject report could not be filed without unreasonable effort or expense and the registrant 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.
Form 10-Q regulatory
"The registrant is unable to file, without unreasonable effort and expense, its Form 10-Q quarterly report for the period ended March 31, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
independent registered public accounting firm financial
"to permit the Company’s independent registered public accounting firm 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.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

  FORM 12b-25 SEC FILE NUMBER
    000-55049
  NOTIFICATION OF LATE FILING CUSIP NUMBER
    23131W 103

 

(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: ____________________

 

Read Instructions (on the back page) Before Preparing the Form. Please Print or Type.
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  
   
WASTE ENERGY CORP.  
Full Name of Registrant  
   
METAWORKS PLATFORMS, INC.  
Former Name if Applicable  
   
3250 Oakland Hills Court  
Address of Principal Executive Office (Street and Number)  
   
Fairfield, CA 94534  
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-SAR 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 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. (Attach extra Sheets if Needed)

 

The registrant is unable to file, without unreasonable effort and expense, its Form 10-Q quarterly report for the period ended March 31, 2026. Additional time is needed for the registrant to compile and analyze supporting documentation in order to complete the Form 10-Q and to permit the Company’s independent registered public accounting firm to complete its review.

 

PART IV — OTHER INFORMATION

 

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

 

  Braden Glasbergen   289-251-2714  
  (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 the report(s).   Yes ☒ No ☐
       
(3) Is it anticipated that any significant change in the 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.   Not applicable.

 

 

 

 

WASTE ENERGY CORP.

(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 14, 2026   By /s/ Braden Glasbergen
        Braden Glasbergen
        Chief Financial Officer

 

 

 

FAQ

Why did Waste Energy Corp. (WAST) file Form 12b-25 for the March 31, 2026 10-Q?

The company states it needs additional time to compile and analyze supporting documentation and to permit its independent registered public accounting firm to complete its review of the Form 10-Q.

How long after the prescribed due date can Waste Energy Corp. delay filing the 10-Q under Rule 12b-25?

Under Rule 12b-25 a quarterly report may be filed within five calendar days after the prescribed due date if the registrant checks the applicable box and complies with the rule’s requirements, as noted on the form.

Does the 12b-25 filing for WAST indicate a change in results of operations?

The form includes the box asking whether a significant change is anticipated; the registrant marked the related section as Not applicable, indicating no anticipatory quantitative explanation was attached in this filing.

Who signed the notification and when was it signed?

The notification was signed by Braden Glasbergen, Chief Financial Officer, on May 14, 2026, certifying the company authorized the late-filing notice.

What contact information is provided in the 12b-25 for Waste Energy Corp.?

The filing lists a contact name, Braden Glasbergen, and telephone 289-251-2714 for inquiries regarding the late-filing notification.