Fri, Apr 18, 8:03 PM (27 days ago)
**Taitron Components Incorporated (TAIT) 10-K/A Summary** **Amendment Overview:** Taitron Components Incorporated (TAIT) filed an amendment (10-K/A) to include its Compensation Recovery Policy, omitted in the original filing. No financial statements or other items were amended, and no post-filing events are reflected. **Financial Performance (from original 10-K):** - **Revenue:** Not explicitly stated in the amendment. - **Net Income:** Not explicitly stated in the amendment. - **Operating Expenses:** Not explicitly stated in the amendment. - **Earnings Per Share (EPS):** Not explicitly stated in the amendment. **Strategic Overview & Future Outlook:** The amendment does not provide updates on strategic initiatives or future outlook. Refer to the original 10-K for this information. **Risk Factors:** The amendment does not introduce new risk factors. Refer to the original 10-K for a comprehensive risk assessment. **Financial Condition:** No changes to the financial condition are reported in this amendment. **Market Position Changes:** The aggregate market value of common stock held by non-affiliates was approximately $8.3 million as of June 30, 2024. The number of shares outstanding as of March 15, 2025, is 5,258,568 for Class A common stock and 762,612 for Class B common stock. **Impact of Amendment:** The inclusion of the Compensation Recovery Policy does not impact the financial statements or disclosures in the original filing. The amendment is solely for compliance purposes. **Auditor:** Ramirez Jimenez International CPAs, based in Irvine, California. **Exhibits:** The amendment includes Exhibits 31.3, 31.4, and 97.1 (Compensation Recovery Policy), along with other required exhibits and certifications. **Conclusion:** This amendment is a compliance update and does not reflect any changes in TAIT's financial performance, strategic direction, or market position. For a comprehensive analysis, refer to the original 10-K filing.