Vivic Expects $1.2M FY2026 Loss, Delays Annual Report
VIVIC expects its fiscal 2026 net loss to be approximately $1.2 million, compared with approximately $3.4 million in fiscal 2025, subject to year-end adjustments.
Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
NT 10-K
Rhea-AI Filing Summary
VIVIC CORP. expects to file its Annual Report on Form 10-K on or before the fifteenth calendar day following the prescribed due date. The company says limited accounting and financial reporting resources delayed completion and that additional time is needed to finalize the year-end audit and report.
VIVIC expects a net loss of approximately $1.2 million for the fiscal year ended June 30, 2026, compared with approximately $3.4 million for the fiscal year ended June 30, 2025. The decrease was primarily attributable to lower share-based compensation and general and administrative expenses, partially offset by impairment losses on advances to suppliers. Final results remain subject to year-end adjustments.
Positive
- Expected fiscal 2026 net loss: approximately $1.2 million, versus approximately $3.4 million.
Negative
- Expected Form 10-K filing: on or before the fifteenth calendar day following the prescribed due date.
