ZICIX misses Form 10-K deadline due to staffing

ZICIX Corporation notified the SEC that it cannot timely file its Annual Report on Form 10-K for the period ended March 31, 2026 due to continued staffing shortages and will file on or before the fifteenth calendar day following the prescribed due date.

Accepted by SEC EDGAR 06/29/2026 - 08:01 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ZICIX Corporation notified the SEC that it cannot timely file its Annual Report on Form 10-K for the period ended March 31, 2026 due to continued staffing shortages and will file on or before the fifteenth calendar day following the prescribed due date.

The company reported net revenues of $749,373 for the year ended March 31, 2026 versus $70,068 for the year ended March 31, 2025. Operating expenses were $836,133 for 2026 and $864,406 for 2025. The company recorded a goodwill impairment of $1,376,083 in 2025. Net loss was approximately $551,067 for 2026 and $3,294,418 for 2025.

Insights

Compliance Attorney

Late-filing notice cites staffing shortages; filer commits to 15-day cure.

The notification states the registrant cannot complete its Form 10-K for the period ended March 31, 2026 without "unreasonable effort and expense" due to "continued staffing shortages." The company expressly states it "will file on or before the fifteenth calendar day following the prescribed due date."

Regulatory risk is procedural: exchanges or the SEC may review repeated late filings. Subsequent disclosures should show whether staffing constraints are resolved; the filing itself sets the operative cure deadline.

Financial Reporting Analyst

Reported 2026 revenue growth from $70k to $749k but net loss persists due to costs and a prior goodwill impairment.

Revenue for year ended March 31, 2026 is shown as $749,373 versus $70,068 a year earlier. Operating expenses were $836,133 in 2026. A goodwill impairment of $1,376,083 was recorded in 2025 and materially widened prior-year net loss.

Materiality: the 2026 net loss of $551,067 is presented alongside the prior-year loss of $3,294,418. Further detail will appear in the delayed Form 10-K.

Key Figures

Net revenues: $749,373 Net revenues prior year: $70,068 Operating expenses: $836,133 +3 more

6 metrics

Net revenues $749,373 Year ended March 31, 2026

Net revenues prior year $70,068 Year ended March 31, 2025

Operating expenses $836,133 Year ended March 31, 2026

Goodwill impairment $1,376,083 Recorded for the year ended March 31, 2025

Net loss $551,067 Year ended March 31, 2026

Net loss prior year $3,294,418 Year ended March 31, 2025

Key Terms

Rule 12b-25, goodwill impairment, fifteenth calendar day cure

3 terms

Rule 12b-25 regulatory

"The Company is unable to complete its Annual Report on Form 10-K for the period ending March 31, 2026 without an unreasonable effort"

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.

goodwill impairment financial

"The Company, however, recognized impairment loss on goodwill of $1,376,083 for the year ended March 31, 2025"

Goodwill impairment occurs when a company’s valued reputation or brand strength, known as goodwill, is found to be worth less than previously recorded on its financial statements. This usually happens when the company's performance declines or market conditions change, signaling that the expected benefits from acquisitions or brand value are no longer as strong. It matters to investors because it can indicate that a company's assets are less valuable than initially thought, potentially affecting its overall financial health.

fifteenth calendar day cure regulatory

"The Registrant will file the 10-K on or before the fifteenth calendar day following the prescribed due date"

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

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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: 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

For the Transition Period Ended: ________________________

Read Instruction (on back page) Before Preparing 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

ZICIX CORPORATION

Full Name of Registrant:

Former Name if Applicable

1901, The World Trade Centre
280 Gloucester Road, Causeway Bay

Address of Principal Executive Office (Street and Number)

Hong Kong, China

City, State, 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 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 or 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 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-CEN, N-CSR, or the transition report or portion thereof could not be filed within the prescribed time period.

The Company is unable to complete its Annual Report on Form 10-K for the period ending March 31, 2026 without an unreasonable effort and expense due to continued staffing shortages. The Registrant will file the 10-K on or before the fifteenth calendar day following the prescribed due date.

PART IV - OTHER INFORMATION

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

Edwin Li				+852-91010998
(Name)		(Area Code)		(Telephone No.)

(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
(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.

For the year ended March 31, 2026, the Company generated net revenues of approximately $749,373 as compared to $70,068 for the same year ended March 31, 2025. Operating expenses for the year ended March 31, 2026, was approximately $836,133, as compared to $864,406 for the same year ended March 31, 2025. The Company, however, recognized impairment loss on goodwill of $1,376,083 for the year ended March 31, 2025. This resulted in a net loss of approximately $551,067 and $3,294,418 for the years ended March 31, 2026, and 2025, respectively.

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ZICIX CORPORATION

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

Date: June 29, 2026	By:	/s/ Edwin Li
	Name:	Chief Executive Officer
	Title:	(Principal Executive)

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.

Attention

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

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