FRMO Corporation Delays Financial Reporting After Identifying Tax Accounting Errors

Reuters

Jan 16

FRMO Corporation Delays Financial Reporting After Identifying Tax Accounting Errors

FRMO Corporation announced it will delay filing its condensed consolidated financial statements for the three and six months ended November 30, 2025, and will submit a Notification of Late Filing. The delay is due to plans to restate previously issued financial statements to correct the valuation of deferred tax liabilities and the provision for income taxes. The affected periods include financial statements for the years ended May 31, 2025 and 2024, as well as unaudited interim statements for multiple periods in fiscal 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FRMO Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1128370) on January 15, 2026, and is solely responsible for the information contained therein.

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