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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Unaudited in thousands refers to financial statements that have not been examined by an independent auditor and are reported in thousands of currency units.
Individuals or businesses that do not meet the thresholds for audited financial statements, often small companies or those seeking to provide informal financial reporting, are typically required to file unaudited in thousands.
To fill out unaudited financial statements in thousands, one must aggregate financial data such as income, expenses, and assets, then report these figures rounded to the nearest thousand.
The purpose of filing unaudited in thousands is to provide a simplified overview of a company’s financial position and performance without the need for an audit, thus saving time and resources.
Key information typically includes total revenues, total expenses, net income, and balance sheet items like assets and liabilities, all reported in thousands.
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