$MTEX·8-K

MANNATECH INC · Apr 1, 6:47 PM ET

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MANNATECH INC 8-K

Research Summary

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Mannatech Inc. Files Late Form 10-K Notice Citing Going Concern Review

What Happened
Mannatech, Incorporated filed a Notification of Late Filing on Form 12b-25 with the SEC on April 1, 2026 regarding its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company said it could not file the Form 10-K on time without unreasonable effort or expense because its independent auditor raised the possibility of a going concern issue. Management is taking additional time to assess the implications and potential remediation, including discussions with third‑party tax advisors and a review of a cost‑reduction plan, and currently expects to file the Form 10-K within the 15‑day extension permitted under Rule 12b‑25.

Key Details

  • Form 12b-25 filed April 1, 2026; relates to Form 10-K for fiscal year ended December 31, 2025.
  • Reason given: independent auditor discussed a possible going concern issue.
  • Company actions: additional assessment, consultations with third‑party tax advisors, review of a cost‑reduction plan.
  • Timing: expects to file the Form 10-K within the 15‑day extension provided by SEC rules.

Why It Matters
A late 10-K tied to a potential going concern flag is material information for investors because it signals the auditor has questions about the company’s ability to continue without significant changes. The delay means investors do not yet have the company’s audited annual financial statements and disclosures for 2025. Monitor Mannatech’s next filings (the Form 10-K and any subsequent updates) for the auditor’s report, details on financial condition, and the company’s remediation or financing plans.

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