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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549FORM 10Q (Mark One) [X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly
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A small reporting company is a category of public company that qualifies for reduced disclosure obligations under the U.S. Securities and Exchange Commission (SEC) regulations due to its smaller size and limited public trading.
Companies that qualify as small reporting companies, typically those with a public float of less than $250 million, are required to file small reporting company reports.
To fill out a small reporting company filing, companies must follow the SEC guidelines, including completing various forms such as Form S-1, Form 10-K, or Form 10-Q, and ensure all financial and operational disclosures meet the criteria set for small reporting companies.
The purpose of the small reporting company designation is to reduce the reporting burden on smaller public companies, allowing them to provide essential financial information while promoting capital formation and investment opportunities.
Small reporting companies must report financial statements, management analysis, executive compensation details, and other disclosures relevant to investors, while adhering to simplified reporting standards.
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