Get the free Form 10-Q

This document is a quarterly report filed by Unit Corporation providing financial statements and management discussion for the period ending March 31, 2007. It includes information on financial performance,

How to fill out form 10-q

How to fill out Form 10-Q

1. Obtain the most recent version of Form 10-Q from the SEC website.
2. Begin by filling out the cover page with company name, state of incorporation, fiscal year-end date, and SEC identification number.
3. Complete Part I by providing unaudited financial statements, including the balance sheet, income statement, and cash flow statement.
4. Provide notes to the financial statements that explain significant accounting policies and any other relevant information.
5. Fill out Part II, which includes management's discussion and analysis (MD&A) of the company's financial condition and results of operations.
6. Include disclosures about market risk, legal proceedings, and unregistered sales of equity securities, if applicable.
7. Ensure compliance with SEC guidelines for each section of the form.
8. Review the completed form for accuracy and completeness.
9. Submit the final version of the Form 10-Q electronically through the SEC's EDGAR system.

Who needs Form 10-Q?

1. Publicly traded companies in the U.S. must file Form 10-Q with the SEC.
2. Investors and analysts use Form 10-Q to assess a company's financial performance and outlook.
3. Regulatory bodies and market participants may require access to Form 10-Q for compliance and evaluation purposes.

People Also Ask about

What is the difference between a Form 10-K and a Form 10-Q?

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. 10Q filings provide shareholders and the public an on-going update on a company's performance over the year.

Which of the following entities requires the filing of the Form 10-Q?

Yes, all U. S. public companies issuing common shares of stock that trade on exchanges are required to file Form 10-Q.

What is Form 10-Q used for?

The 10-Q provides a window into the financial health of a company. Investors can use the form to get a sense of its quarterly earnings and other elements of its operations and to compare them to previous quarters. Thus, it is a dependable performance-tracking tool.

When must a 10-Q be filed?

Information for the final quarter of a firm's fiscal year is included in the 10-K, so only three 10-Q filings are made each year. The form 10-Q must be filed within 45 days of the end of the quarter.

Who has to file 10-Q?

Any publicly traded company must file the Form 10-Q, along with the Form 10-K and other required filings. The SEC gives two timeframes for filing: Large accelerated and accelerated filers with a float exceeding $700 million need to submit Form 10-Q within forty days of the quarter's end.

What is the purpose of the Form 10-Q?

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.

Is Form 10-Q audited?

Form 10-Q is similar to Form 10-K but less detailed. Additionally, the financial statements in a 10-Q are near the beginning of the filing, unlike the 10-K. The financial statements in a Form 10-Q are considered unaudited, unlike in the 10-K, where a full audit is performed.

For pdfFiller’s FAQs

What is Form 10-Q?

Form 10-Q is a quarterly report filed by publicly traded companies to the Securities and Exchange Commission (SEC) that provides an overview of the company's financial performance and updates on ongoing business operations.

Who is required to file Form 10-Q?

All publicly traded companies in the United States that are subject to SEC reporting requirements must file Form 10-Q on a quarterly basis.

How to fill out Form 10-Q?

To fill out Form 10-Q, companies should follow the guidelines provided by the SEC, ensuring all required financial statements, management discussion and analysis, and other necessary disclosures are accurately prepared and submitted on time.

What is the purpose of Form 10-Q?

The purpose of Form 10-Q is to provide investors and regulators with timely and relevant information about a company's financial condition and business operations, allowing for an informed assessment of the company's performance.

What information must be reported on Form 10-Q?

Form 10-Q must include unaudited financial statements, management's discussion and analysis (MD&A) of financial condition, information on market risk, and disclosures regarding any significant legal proceedings or changes in the company's financial position.