Totaligent flags late 10-Q filing for June quarter

What happened

Totaligent, Inc. (TGNT), a company classified under short-term business credit institutions, filed a Notification of Late Filing (Form 12b-25) with the SEC on August 13, 2026. The company said it will not file its quarterly report on Form 10-Q for the period ended June 30, 2026, by the prescribed due date.

In the filing, Totaligent stated the reason for the delay as: "Need for additional time to compile, analyze, and review supporting documentation and complete financial statement preparation/review." The filing was signed by CEO Edward C. DeFeudis.

On the same day, the stock closed at $0.005 per share, down 58.33% from the prior close of $0.012, on volume of 813,300 shares — about six times its average volume.

Background

Totaligent, Inc., formerly known as Alltemp, Inc., is a small company based in Boca Raton, Florida. Its SEC classification places it in short-term business credit institutions, a category that includes companies providing credit to businesses on a short-term basis.

The company has not yet filed its Form 10-Q for the quarter ended June 30, 2026. The notification is an acknowledgement that the report will be late, but it does not provide details on the nature of the delay beyond the need for more time to complete the financial statements.

What this means

A Form 12b-25, also known as a Notification of Late Filing, is a document a public company files with the SEC when it cannot meet the deadline for a required periodic report, such as a quarterly Form 10-Q. The form explains why the report is late and gives the company extra time to file. For a 10-Q, the rule generally allows up to five calendar days after the original due date.

In this case, Totaligent filed the NT 10-Q on August 13, 2026, for the quarter ended June 30, 2026. The company's reason — needing more time to compile and review financial documentation — is a common explanation among smaller companies that lack the resources to close their books quickly.

Filing a late notification does not automatically mean the company is in trouble, but it does signal that the financial report will be delayed. The SEC allows this grace period, but the company must file the actual 10-Q within the extension window or risk further consequences. Investors often watch for these filings because late financial reports can indicate accounting, liquidity, or operational issues, though the filing itself does not confirm any specific problem.