CreditRiskMonitor delays Q2 10-Q filing amid sales tax liability restatement work

CreditRiskMonitor filed a Form 12b-25 to delay its quarterly report for the period ended June 30, 2026. The company said it expects to file the Form 10-Q within the Rule 12b-25 extension, though it noted that timing is not assured.

The audit committee concluded that prior quarterly and annual financial statements should no longer be relied upon due to sales and use tax reporting. A nexus study identified unrecorded state and local sales and use tax liabilities, with related income tax exposure for prior periods. Management disclosed a material weakness in tax nexus controls, and said remediation is focused on voluntary disclosure agreements across impacted states.