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10-K/A - RCM TECHNOLOGIES, INC. (0000700841) (Filer)

Fri, Apr 25, 8:13 PM (20 days ago)

**RCM Technologies, Inc. (RCMT) - Form 10-K/A Summary** **Company Overview:** RCM Technologies, Inc. (RCMT) is a technology services company, incorporated in Nevada, with its principal executive offices in Pennsauken, New Jersey. The company is listed on The NASDAQ Stock Market LLC under the ticker symbol RCMT. **Financial Performance (FY 2024):** - **Revenue:** Not explicitly stated. - **Net Income:** Not explicitly stated. - **Operating Expenses:** Not explicitly stated. - **Earnings Per Share (EPS):** Not explicitly stated. **Strategic Overview:** The company has a diverse board with extensive experience in technology, finance, and healthcare. The board is committed to corporate governance, with committees focused on audit, compensation, and nominating/corporate governance. **Future Outlook:** The company has implemented various compensation reforms, including limiting executive severance, prohibiting tax gross-ups, and adopting an incentive payment clawback policy. The company has also developed a long-term incentive plan with performance-based stock units. **Risk Factors:** The company faces risks related to executive compensation, corporate governance, and potential conflicts of interest. The board has established policies to manage these risks, including a related party transaction approval policy and a code of conduct. **Financial Condition:** The company's financial condition is not explicitly detailed in the provided text. However, the company has a strong board with experience in financial management and corporate governance. **Market Position Changes:** The company's market position is not explicitly detailed in the provided text. However, the company has a diverse board with experience in various industries, which may contribute to its market position. **Changes Made in This Amendment:** This Form 10-K/A amends and restates items identified in the Original Filing with respect to Part III, Item 10 (Directors, Executive Officers and Corporate Governance), Item 11 (Executive Compensation), Item 12 (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters), Item 13 (Certain Relationships and Related Transactions, and Director Independence), Item 14 (Principal Accounting Fees and Services) and Part IV, Item 15 (Exhibits, Financial Statement Schedules). All other items as presented in the Original Filing are unchanged.