10-K/A - STREAMLINE HEALTH SOLUTIONS INC. (0001008586) (Filer)

Fri, May 30, 8:27 PM (21 days ago)

Streamline Health Solutions, Inc. (STRM) filed an amendment (Form 10-K/A) to its annual report, focusing on updates to Part III, Items 10 through 14, and Part IV, Item 15. The amendment includes new certifications by the Company’s principal executive and financial officers. The Company's financial performance for FY 2024 did not meet the minimum bonus targets, resulting in no cash bonuses for named executive officers. The Company awarded restricted stock to align executive interests with stockholders. The board of directors and executive officers were updated, with Benjamin L. Stilwill serving as CEO and Wyche T. “Tee” Green, III as Executive Chairman. The Company's market value of voting and non-voting common stock held by non-affiliates was $23,470,199 as of July 31, 2024, with 4,331,315 shares outstanding as of April 28, 2025. The Company's strategic overview includes a focus on healthcare technology and services, with a conservative pay-for-performance compensation philosophy. The future outlook emphasizes aligning executive compensation with Company performance and stockholder value. Risk factors include operational, liquidity, and compliance risks. The Company's financial condition is supported by its strategic initiatives and governance practices. Market position changes reflect the Company's efforts to attract and retain high-quality directors and executives.