VirTra, Inc NT 10-Q, filed Aug 16, 2022
VirTra, Inc (VTSI)
U.S. 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, 2022
| ☐ 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: __________________________________________ |
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
PART I - REGISTRANT INFORMATION
VirTra, Inc.
Full Name of Registrant:
N/A
Former Name if Applicable:
295 E. Corporate Place
Address of Principal Executive Office (Street and Number)
Chandler, Arizona 85225
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 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 registrant requires additional time to complete the procedures relating to its quarter-end reporting process, including the completion of its financial statements. Therefore, the registrant is unable to file the Quarterly Report for the quarter ended June 30, 2022 by August 15, 2022, the prescribed filing due date for the Quarterly Report. The registrant expects to file the Quarterly Report within the extension period provided under Rule 12b-25 under the Securities Exchange Act of 1934, as amended.
PART IV - OTHER INFORMATION
| (1) | Name and telephone number of person to contact in regard to this notification |
| Fay Matsukage | 720 | 306-1001 | ||
| (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 during the preceding l2 months (or for such shorter period that the registrant was required to file such reports) been filed? If 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 six months ended June 30, 2022, the registrant expects to report net income of approximately $1.4 million. For the six months ended June 30, 2021, the registrant reported net income of $1.185 million. |
| VirTra, Inc. |
| (Name of Registrant as specified in charter) |
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
| VIRTRA, INC. | ||
| Date: August 15, 2022 | By: | /s/ Marsha J. Foxx |
| Name: | Marsha J. Foxx | |
| Title: | Chief Accounting Officer | |