Super Micro Computer, Inc. 2024 Annual Report Delay: Key Insights & Updates

Here are the key insights extracted from the provided section of the financial report (Form NT 10-K) for Super Micro Computer, Inc.:

1. Filing Notification: The company has submitted a Notification of Late Filing for its Annual Report on Form 10-K for the fiscal year ending June 30, 2024. This indicates that the report will not be filed by the original due date.
2. Reasons for Delay:

• The delay is due to the company’s ongoing review of internal controls initiated by the Audit Committee of the Board of Directors.
• The company is conducting this review to ensure the effectiveness of its internal controls over financial reporting.
• Management needs additional time to finalize the financial statements and related disclosures.

3. Anticipated Impact:

• The company does not foresee any material changes to the results for the fiscal year and quarter ending June 30, 2024, compared to what was previously announced in a press release dated August 6, 2024.

4. Regulatory Compliance: The company is seeking relief under Rule 12b-25(b), which allows for late filing if it cannot be done without unreasonable effort or expense.
5. Contact Information: The notification includes contact details for Charles Liang, who is the President, Chief Executive Officer, and Chairman of the Board. His contact number is (408) 503-8000.
6. Forward-Looking Statements Warning: The report contains a cautionary statement regarding forward-looking statements, indicating that actual results may differ due to various risks and uncertainties.
7. Filing Timeline: The company plans to file the delayed report within the 15-day grace period allowed for the Form 10-K.

These points summarize the critical elements of the notification, detailing the reason for the late filing and providing transparency regarding the company's financial reporting status.