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This document notifies about the inability of UpSnap, Inc. to timely file its Form 10-Q for the period ended March 31, 2006, and the reasons for the delay.
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How to fill out FORM NT 10-Q

01
Obtain the official FORM NT 10-Q from the SEC website or your company's compliance department.
02
Fill in your company's name, SEC file number, and the period covered by the report.
03
Indicate the reason for not filing the 10-Q on time, including any specific circumstances.
04
Provide the expected date of filing the 10-Q.
05
Include the contact information of the person responsible for the filing.
06
Sign and date the form as required.
07
Submit the completed FORM NT 10-Q to the SEC electronically.

Who needs FORM NT 10-Q?

01
Public companies that need to file for an extension to submit their quarterly reports (10-Q).
02
Companies that encounter unforeseen delays in completing their financial statements.
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While 10K reports are due annually and must include audited financial statements, 10Q reports are due quarterly, three times a year, and include unaudited financial statements.
The Form 10-Q includes unaudited financial statements and provides a continuing view of the company's financial position during the year. The report must be filed for each of the first three fiscal quarters of the company's fiscal year. You'll find a company's Form 10-Q filings in the SEC's EDGAR database.
10Q filings are quarterly reports of a public company's financials and operations over the period.
A company may decide to file its Form 10-Q by the original or extended filing date without its auditor's review. In such circumstances, the company must explicitly disclose that the filing is incomplete because Form 10-Q's required auditor SAS 100 review was not performed and/or completed.
Companies that fail to timely file their 10-Q or 10-K are required by SEC Rule 12b-25 to. file a Form NT (for “Non-Timely”) no later than one day after the due date. Timely filing of. Form NT (also known as Form 12b-25) results in an automatic one-time grace period of 5 days. for 10-Qs and 15 days for 10-Ks.
Purpose and Key Filing Elements of 10-Q SEC Filings The first part of the 10-Q contains condensed financial statements such as balance sheets and income statements, management discussion and analysis, market risk disclosures, and details regarding internal controls.
The Form 10-Q includes unaudited financial statements and provides a continuing view of the company's financial position during the year. The report must be filed for each of the first three fiscal quarters of the company's fiscal year.
Companies must file their 10-Qs 40 or 45 days after the end of their quarters, depending on the size of their public float. A snapshot of a company's financial position, Form 10-Q provides investors with information they can compare to previous periods and use to evaluate the outlook for the stock's performance.

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FORM NT 10-Q is a regulatory filing submitted to the Securities and Exchange Commission (SEC) by publicly traded companies to notify them of the late filing of their quarterly report on Form 10-Q.
Publicly traded companies that are unable to file their Form 10-Q by the required deadline must file FORM NT 10-Q to inform the SEC and investors about the delay.
FORM NT 10-Q is filled out by providing the company's details, including name, address, the specific Form 10-Q being filed late, the reasons for the delay, and the anticipated filing date.
The purpose of FORM NT 10-Q is to formally notify the SEC and investors of a delay in the filing of Form 10-Q, ensuring transparency and compliance with regulatory requirements.
FORM NT 10-Q requires the reporting of the company's name, SEC file number, the period for which the Form 10-Q is being filed late, the reasons for the delay, and any other relevant details regarding the filing status.
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