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Table of ContentsUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For
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Unaudited refers to financial statements that have not been examined by an independent auditor, while 'in thousands' indicates that the figures are presented in thousands of currency units.
Entities that do not meet the threshold for audit requirements, such as small businesses or organizations, are required to file unaudited financial statements that are presented in thousands.
To fill out unaudited financial statements in thousands, aggregate the relevant financial figures (like revenue, expenses, etc.) and divide them by 1,000 before reporting.
The purpose is to provide stakeholders with essential financial information without the costs and time associated with an audit, while simplifying data presentation by using thousands.
Reported information typically includes income statements, balance sheets, and cash flow statements, all summarized in thousands.
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