MOBQ on OTC
Mobiquity Technologies, Inc.
Mobiquity Technologies, Inc. is an American advertising services company based in Shoreham, listed on OTC (MOBQ).1
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Last updated Oct 20, 2026.
Overview
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- TickerMOBQ on OTC1
- IndustryServices-Advertising1
- HeadquartersShoreham, New York1
- Incorporated inNY2
- Business address35 Torrington Lane, Shoreham, Ny 117862
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
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MobiExchange enables customers to analyze audiences, develop marketing insights, and build custom data products.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue79¢$88.3K
- Other costs21¢$24.0K
Out of $112.3K in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $112.3K | $2.1M |
| Cost of revenues | $88.3K | $1.1M |
| Gross profit (loss) | $24.0K | $961.6K |
| General and administrative expenses | $8.8M | $8.8M |
| Depreciation and amortization | $722.6K | $390.9K |
| Total operating expenses | $9.5M | $9.2M |
| Loss from operations | -$9.5M | -$8.2M |
| Interest expense | -$898.3K | -$478.6K |
| Loss on debt extinguishment | -$37.4K | $0 |
| Loss on disposal of fixed assets | -$1.7K | $0 |
| Interest income | $31 | $12.1K |
| Total other expense - net | -$937.4K | -$466.4K |
| Net loss before income taxes | -$10.4M | -$8.7M |
| Income tax benefit | $0 | $84.3K |
| Net loss | -$10.4M | -$8.6M |
| Loss per share - basic | -$0.49 | -$0.85 |
| Loss per share - diluted | -$0.49 | -$0.85 |
| Weighted average number of shares outstanding - basic | 21.2M shares | 10.2M shares |
| Weighted average number of shares outstanding - diluted | 21.2M shares | 10.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $642.5K | $1.2M | $528.3K |
| Accounts receivable, net | $13.1K | $47.9K | |
| Prepaid and other current assets | $784.4K | $768.6K | |
| Total Current Assets | $1.4M | $2.0M | |
| Property and equipment, net | $2.6K | $4.4K | |
| Goodwill | $1.4M | $1.4M | |
| Capitalized software development costs, net | $2.5M | $3.2M | |
| Investment | $500.0K | $0 | |
| Total Assets | $5.8M | $6.5M | |
| Accounts payable and accrued expenses | $2.4M | $2.5M | |
| Accrued interest - related party | $30.6K | $6.0K | |
| Contract liabilities | $25.5K | $25.5K | |
| Debt, net | $2.1M | $673.9K | |
| Total Current Liabilities | $4.6M | $3.2M | |
| Total Liabilities | $4.6M | $3.2M | |
| Common stock; $0.0001 par value, 100,000,000 shares authorized, 23,551,403 and 18,721,240 shares issued, 23,548,886 and 18,718,723 shares outstanding | $2.4K | $1.9K | |
| Treasury stock, at cost, $0.0001 par value 2,517 shares outstanding | -$1.4M | -$1.4M | |
| Additional paid-in capital | $238.6M | $230.3M | |
| Accumulated deficit | -$236.1M | -$225.6M | |
| Total Stockholders' Equity | $1.2M | $3.3M | $2.2M |
| Total Liabilities and Stockholders' Equity | $5.8M | $6.5M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 23.6M shares | 18.7M shares | |
| Common stock, shares outstanding | 23.5M shares | 18.7M shares | |
| Treasury stock, par value | $0.00 | $0.00 | |
| Treasury stock, shares | 2.5K shares | 2.5K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $642.5K | $1.2M | $528.3K |
| Accounts receivable, net | $13.1K | $47.9K | |
| Prepaid and other current assets | $784.4K | $768.6K | |
| Total Current Assets | $1.4M | $2.0M | |
| Property and equipment, net | $2.6K | $4.4K | |
| Goodwill | $1.4M | $1.4M | |
| Capitalized software development costs, net | $2.5M | $3.2M | |
| Investment | $500.0K | $0 | |
| Total Assets | $5.8M | $6.5M | |
| Accounts payable and accrued expenses | $2.4M | $2.5M | |
| Accrued interest - related party | $30.6K | $6.0K | |
| Contract liabilities | $25.5K | $25.5K | |
| Debt, net | $2.1M | $673.9K | |
| Total Current Liabilities | $4.6M | $3.2M | |
| Total Liabilities | $4.6M | $3.2M | |
| Common stock; $0.0001 par value, 100,000,000 shares authorized, 23,551,403 and 18,721,240 shares issued, 23,548,886 and 18,718,723 shares outstanding | $2.4K | $1.9K | |
| Treasury stock, at cost, $0.0001 par value 2,517 shares outstanding | -$1.4M | -$1.4M | |
| Additional paid-in capital | $238.6M | $230.3M | |
| Accumulated deficit | -$236.1M | -$225.6M | |
| Total Stockholders' Equity | $1.2M | $3.3M | $2.2M |
| Total Liabilities and Stockholders' Equity | $5.8M | $6.5M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 100.0M shares | 100.0M shares | |
| Common stock, shares issued | 23.6M shares | 18.7M shares | |
| Common stock, shares outstanding | 23.5M shares | 18.7M shares | |
| Treasury stock, par value | $0.00 | $0.00 | |
| Treasury stock, shares | 2.5K shares | 2.5K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$10.4M | -$8.6M |
| Depreciation | $2.2K | $4.7K |
| Provision for credit losses | $77.5K | $78.5K |
| Loss (Gain) on disposal of asset | $1.7K | -$1.8K |
| Amortization of intangible assets | $0 | $76.5K |
| Amortization of capitalized software development costs | $720.5K | $309.7K |
| Amortization of debt discounts | $819.6K | $439.7K |
| Common stock and warrants issued for services | $2.2M | $541.3K |
| Stock-based compensation | $1.9M | $4.1M |
| Income tax benefit | $0 | $84.3K |
| (Increase) decrease in accounts receivable | -$42.7K | -$91.8K |
| (Increase) decrease prepaid expenses and other assets | -$617.8K | -$21.7K |
| Increase (decrease) in accounts payable and accrued expenses | -$30.3K | $843.2K |
| Increase (decrease) in contract liabilities | $0 | -$169.6K |
| Net cash used in operating activities | -$5.4M | -$2.4M |
| Purchase of property and equipment | -$2.0K | $0 |
| Increase in software development costs | $0 | -$1.4M |
| Net cash used in investing activities | -$2.0K | -$1.4M |
| Issuance of common stock for cash | $3.3M | $4.0M |
| Issuance of long-term debt, net of discounts and issuance costs | $2.3M | $1.4M |
| Repayments on long-term debt | -$804.5K | -$990.0K |
| Repurchase of treasury stock | $0 | -$6 |
| Net cash provided by financing activities | $4.8M | $4.5M |
| Net change in cash | -$517.4K | $631.7K |
| Cash paid for interest | $54.1K | $32.9K |
| Cash paid for taxes | $0 | $320 |
| Accrual of Series H Preferred stock dividends | $0 | $123.0K |
| Conversion of Series H preferred stock and accrued dividends to common stock | $0 | $123.0K |
| Common stock and warrants issued in conjunction with consulting agreements | $1.4M | $1.1M |
| Issuance of common shares through debt conversion | $220.0K | $410.5K |
| Common stock exchanged for investment | $500.0K | $0 |
| Note payable issued as settlement for accounts payable | $24.0K | $0 |
| Common stock issued for original issue debt discount | $736.1K | $0 |
| Common stock issued for future equity sale | $155.0K | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Mobiquity Technologies, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Mobiquity Technologies, Inc.
- SABBY MANAGEMENT, LLC Filed SCHEDULE 13G/A on Mobiquity Technologies, Inc., latest Jan 2, 2025 (2 filings since Jan 3, 2024)
- Lind Global Fund II LP Filed SC 13G/A on Mobiquity Technologies, Inc., latest Nov 20, 2024 (4 filings since Feb 21, 2023)
- Gene Salkind Filed SC 13D/A on Mobiquity Technologies, Inc., latest Aug 22, 2024 (5 filings since Apr 1, 2022)
- Walleye Capital LLC Filed SC 13G/A on Mobiquity Technologies, Inc., latest Feb 14, 2024 (2 filings since Jan 9, 2023)
- Tasso Partners, LLC Filed SC 13G on Mobiquity Technologies, Inc., latest Feb 15, 2023
- BIGGER CAPITAL FUND L P Filed SC 13G/A on Mobiquity Technologies, Inc., latest Jan 27, 2022 (2 filings since Dec 20, 2021)
- Mobiquity Technologies, Inc. Shoreham, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Mobiquity Technologies, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $2.6K4 Dec 31, 2025 | $4.4K4 Dec 31, 2024 | −41.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M9 Dec 31, 2024 | $528.3K9 Dec 31, 2023 | +119.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.4M4 Dec 31, 2025 | $1.4M4 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $09 Dec 31, 2024 | $76.5K9 Dec 31, 2023 | −100.0% |
Properties, in its own words
The Company is presently utilizing the office space of its Chief Financial Officer as its principal executive office located at 35 Torrington Lane, Shoreham, NY 11786. All employees of the Company are working remotely.
Item 2 of the 10-K filed Apr 8, 2026.3
Leadership
Who has led Mobiquity Technologies, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerMichael Trepeta Feb 15, 2013 to Apr 22, 201512
- Chief executive officerDean Julia Mar 28, 2006 to Feb 15, 201313
- ChairThomas M. Arnost Jul 9, 2015 to Jun 14, 201914
- PresidentDean Julia Mar 5, 2014 to Mar 5, 201415
- PresidentSean Trepeta Dec 30, 2011 to Dec 30, 201116
- PresidentMichael Trepeta Mar 28, 2006 to Feb 18, 201517
- Chief financial officerSean McDonnell Dec 20, 2013 to now18
Board members and other officers (20)
- Chief Oper. & Strategy OfficerDon Walker Barrett Iii. Jan 5, 2022 to Jan 5, 202219
- Vice chairThomas M. Arnost Feb 13, 2017 to Feb 13, 201720
- Chief Technology OfficerPaul Bauersfeld Dec 29, 2014 to now21
- Pres of Mobiquity NetworksSean Trepeta May 18, 2012 to now22
- Board memberNate Knight Apr 4, 2023 to now23
- Board memberStuart Byron Booker Apr 5, 2023 to now24
- Board memberDon Walker Barrett Iii. Jan 5, 2022 to Jan 5, 202219
- Board memberAnne Schmidt Provost Mar 23, 2022 to now25
- Board memberMichael A. Wright Dec 10, 2021 to Dec 10, 202126
- Board memberPeter L. Zurkow Dec 10, 2021 to Dec 10, 202127
- Board memberAnthony Iacovone Feb 8, 2019 to Dec 10, 202128
- Board memberDeepankar Katyal Feb 26, 2019 to Feb 26, 201929
- Board memberGene Salkind Feb 26, 2019 to now30
- Board memberRobert F. Hussey Dec 16, 2013 to Dec 16, 201331
- Board memberSean Trepeta Dec 30, 2011 to now16
- Board memberThomas M. Arnost Dec 30, 2011 to Feb 13, 201732
- Board memberDomenico Iannucci Apr 9, 2010 to Feb 15, 201333
- Board memberDean Julia Mar 24, 2006 to now34
- Board memberMichael Trepeta Mar 24, 2006 to Apr 22, 201535
- Board memberScott Novack Mar 24, 2006 to Dec 19, 200636
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
- ACE MARKETING & PROMOTIONS INCNov 24, 2003 to Sep 11, 20132
Timeline
- Jun 24, 20268-K Change of auditor38
- Jul 9, 20258-K Entered a material agreement39
- Apr 25, 20258-K Change of auditor40
- Jan 2, 20258-K Other events41
- Nov 29, 20248-K Other events42
- Jul 3, 20248-K Listing notice or transfer43
- Jul 3, 20248-K Unregistered sale of shares44
- May 28, 20248-K Listing notice or transfer; Regulation FD disclosure45
- Jan 3, 20248-K Bylaws or fiscal year changed46
- Dec 22, 20238-K Unregistered sale of shares; Other events47
- Dec 11, 20238-K Other events48
- Dec 7, 20238-K Listing notice or transfer49
- Feb 15, 2013New chief executive Michael Trepeta becomes CEO12
- Mar 28, 2006New chief executive Dean Julia becomes CEO13
Filings
205 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 39 major events, 64 insider forms, 16 large holders, 5 private raises, 59 other. The latest 20:
- Aug 14, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Jun 24, 20268-K EDGAR
- May 15, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
- Apr 8, 202610-K FORM 10-K FOR DEC 2025 EDGAR
- Mar 31, 2026NT 10-K EXTENSION EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Jan 2, 20264 EDGAR
- Nov 14, 202510-Q FORM 10-Q FOR SEPT 2025 EDGAR
- Sep 19, 20254 EDGAR
- Aug 14, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
- Aug 8, 2025424B3 EDGAR
- Aug 5, 2025EFFECT EDGAR
- Aug 1, 2025CORRESP EDGAR
- Jul 31, 2025S-1/A AMENDMENT NO. 1 EDGAR
The 205 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SABBY MANAGEMENT, LLCSCHEDULE 13G/A, 2 filings Jan 3, 2024 to Jan 2, 202550
- Lind Global Fund II LPSC 13G/A, 4 filings Feb 21, 2023 to Nov 20, 202451
- Gene SalkindSC 13D/A, 5 filings Apr 1, 2022 to Aug 22, 202452
- Walleye Capital LLCSC 13G/A, 2 filings Jan 9, 2023 to Feb 14, 202453
- Tasso Partners, LLCSC 13G, 1 filing Feb 15, 202354
- BIGGER CAPITAL FUND L PSC 13G/A, 2 filings Dec 20, 2021 to Jan 27, 202255
Money raised
Private offerings the company reported to the SEC on Form D.
SEC filer profile
How Mobiquity Technologies, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMobiquity Technologies, Inc.1
- CIK0001084267
- Employer ID (EIN)11-34278863
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNew York3
- Fiscal year endsDecember 311
- Industry code (SIC)7310 Services-Advertising1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address35 Torrington Lane, Shoreham, NY 117861
- Phone516-256-77661
- Shares outstanding31,114,238 as of Aug 13, 202611
- Public float$19.7M as of Jun 30, 20253
- AuditorStephano Slack LLC, Wayne, PA PCAOB ID 3523; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceNov 24, 20031
- Filings720 in all: 4 (185), 8-K (170), 10-Q (56), 4/A (29), D (25), CORRESP (21), 3 (20), 10-K (18)1
All 47 form types
SC 13D/A (15), S-1/A (14), NT 10-Q (12), 10QSB (10), DEF 14A (10), PRE 14A (10), 8-K/A (9), EFFECT (9), D/A (8), SC 13D (8), UPLOAD (8), 10-K/A (7), 5 (7), S-1 (7), 424B3 (6), NT 10-K (6), 10-Q/A (5), REGDEX (5), SC 13G (5), SC 13G/A (5), 424B4 (4), 10KSB (3), 10SB12G/A (3), 10QSB/A (2), 3/A (2), POS AM (2), S-8 (2), 10KSB/A (1), 10SB12G (1), 25-NSE (1), 8-A12B (1), CERT (1), DEF 14C (1), DEFR14A (1), REGDEX/A (1), RW (1), SB-2 (1), SB-2/A (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Apr 8, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Nov 30, 2023
Latest 8-K (8-K) Jun 24, 2026
Risk factors and legal proceedings
The risks Mobiquity Technologies, Inc. names in Item 1A of its 10-K filed Apr 8, 2026: 44 risks under these headings, as written.3
- Risks Relating to our Business Operations
- We have a history of operating losses, and our management has concluded that factors raise substantial doubt about our ability to continue as a going concern and our auditor has included an explanatory paragraph relating to our ability to continue as a going concern in its audit report for the past several fiscal years.
- We cannot predict our future capital needs and we may not be able to secure additional financing.
- Our revenue declined significantly in 2025, and our future revenue may remain volatile.
- We may be required to record impairment charges related to capitalized software development costs.
- We are dependent on key strategic partnerships, including our relationship with Context Networks.
- Our expansion into casino and gaming-based advertising environments involves significant execution risk.
- Our artificial intelligence capabilities may not perform as expected.
- Forecasts of our revenue are difficult.
- The reliability of our product solutions is dependent on data from third parties and the integrity and quality of that data.
- Our business practices with respect to data and consumer protection could give rise to liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to consumer privacy, data protection and consumer protection.
- Significant system disruptions, loss of data center capacity or interruption of telecommunication links could adversely affect our business and results of operations.
The other 33 risks
- We rely on information technology to operate our business and maintain competitiveness, and any failure to adapt to technological developments or industry trends could harm our business.
- Our technology and associated business processes may contain undetected errors, which could limit our ability to provide our services and diminish the attractiveness of our offerings.
- We need to protect our intellectual property, or our operating results may suffer.
- We could incur substantial costs and disruption to our business as a result of any claim of infringement of another party’s intellectual property rights, which could harm our business and operating results.
- We face intense and growing competition, which could result in reduced sales and reduced operating margins and limit our market share.
- We can provide no assurance that our business will be able to maintain a competitive technology advantage in the future.
- No assurances can be given that we will be able to keep up with a rapidly changing business information market.
- The market for programmatic advertising campaigns is relatively new and evolving. If this market develops slower or differently than we expect, our business, growth prospects and financial condition would be adversely affected.
- Our failure to maintain and grow the customer base on our platform may negatively impact our revenue and business.
- We rely substantially on a limited number of customers for a significant percentage of our sales.
- If we fail to innovate and make the right investment decisions in our offerings and platform, we may not attract and retain advertisers and publishers and our revenue and results of operations may decline.
- We may not be able to integrate, maintain and enhance our advertising solutions to keep pace with technological and market developments.
- If we fail to detect advertising fraud, we could harm our reputation and hurt our ability to execute our business plan.
- The loss of advertisers and publishers as customers could significantly harm our business, operating results, and financial condition.
- Our sales efforts with advertisers and publishers require significant time and expense.
- Changes in consumer sentiment or laws, rules or regulations regarding tracking technologies and other privacy matters could have a material adverse effect on our ability to generate net revenues and could adversely affect our ability to collect data on consumer shopping behavior.
- Government regulation of the Internet, e-commerce and m-commerce is evolving, and unfavorable changes or failure by us to comply with these laws and regulations could substantially harm our business and results of operations.
- We may be required to invest significant monies upfront in capital intensive project(s) which we may be unable to recover.
- We are subject to payment-related risks and, if our customers do not pay or dispute their invoices, our business, financial condition, and operating results may be adversely affected.
- If we default on our credit obligations, our operations may be interrupted, and our business and financial results could be adversely affected.
- Our failure to recruit or the loss of management and highly trained and qualified personnel could adversely affect our operations.
- We can provide no assurance that our third-party vendors’ and service providers’ cybersecurity risk management processes, including their policies, controls or procedures, will be effective in protecting our systems and information.
- Risks Relating to Offerings and Ownership of Our Securities
- Our common stock is subject to the “penny stock” rules. These penny stock rules make it difficult to resell securities classified as “penny stock.”
- The market price of our common stock is likely to remain highly volatile because of several factors, including a limited public float.
- Our future sales of common stock by management and other stockholders may have an adverse effect on the then prevailing market price of our common stock.
- We do not intend to pay dividends for the foreseeable future and thus you must rely on stock appreciation for any return on your investment.
- Our principal stockholders, directors and executive officers have a material level of control over us, which could delay or prevent a change in our corporate control favored by our other stockholders.
- Our certificate of incorporation grants our board of directors the authority to issue a new series of preferred stock without further approval by our shareholders, which could adversely affect the rights of the holders of our common shares.
- As a public company, we are subject to complex legal and accounting requirements that will require us to incur significant expenses and will expose us to risk of non-compliance.
- General Risk Factors
- Certain provisions of our certificate of incorporation, bylaws and New York law make it more difficult for a third party to acquire us and make a takeover more difficult to complete, even if such a transaction were in the stockholders’ interest.
- Our bylaws provide for limitations of director liability and indemnification of directors and officers and employees.
- The sales practice requirements of the Financial Industry Regulatory Authority’s (“FINRA”) may limit a stockholder’s ability to buy and sell our Common Stock.
- Issuance of stock to fund our operations may dilute your investment and reduce your equity interest.
Legal proceedings
We are not a party to any pending material legal proceedings. However, the following legal matter became final in the third quarter of 2025;
Michael Trepeta, a former Co-CEO and director of the Company, filed a lawsuit against the Company and its subsidiary, Mobiquity Networks in April 2023 in the New York State Supreme Court, Nassau County. The claims stem from a Separation Agreement and Release that Mr. Trepeta and the Company entered into nine years ago in April 2017 which terminated Mr. Trepeta’s employment agreement and discontinued his employment and directorship with the Company, among other things, by mutual agreement. Mr. Trepeta also gave the Company a release in the Separation Agreement and Release. Mr. Trepeta has claimed that the Company fraudulently induced him to enter into the Separation Agreement and Release; that the Company breached Mr. Trepeta’s employment agreement; and that the Company breached its covenant of good faith and fair dealing and its fiduciary duty. Mr. Trepeta is claiming not less than $2.5 Million in damages. Based on the Company’s initial internal review of the situation, the Company believed that the claims lack merit and vigorously defend same. In December 2023, the Company was notified that its motion to dismiss Mr. Trepeta’s action was granted but Mr. Trepeta has filed a notice of appeal. In the third quarter of 2025, the Company was notified that Mr. Trepeta’s appeal was denied.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
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- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARDean Julia, Chief executive officer
- 14SEC EDGARThomas M. Arnost, Chair
- 15SEC EDGARDean Julia, President
- 16SEC EDGARSean Trepeta, President
- 17SEC EDGARMichael Trepeta, President
- 18
- 19
- 20SEC EDGARThomas M. Arnost, Vice chair
- 21
- 22
- 23SEC EDGARNate Knight, Board member
- 24SEC EDGARStuart Byron Booker, Board member
- 25SEC EDGARAnne Schmidt Provost, Board member
- 26SEC EDGARMichael A. Wright, Board member
- 27SEC EDGARPeter L. Zurkow, Board member
- 28SEC EDGARAnthony Iacovone, Board member
- 29SEC EDGARDeepankar Katyal, Board member
- 30SEC EDGARGene Salkind, Board member
- 31SEC EDGARRobert F. Hussey, Board member
- 32SEC EDGARThomas M. Arnost, Board member
- 33SEC EDGARDomenico Iannucci, Board member
- 34SEC EDGARDean Julia, Board member
- 35SEC EDGARMichael Trepeta, Board member
- 36SEC EDGARScott Novack, Board member
- 37
- 38SEC EDGARChange of auditor
- 39SEC EDGAREntered a material agreement
- 40SEC EDGARChange of auditor
- 41SEC EDGAROther events
- 42SEC EDGAROther events
- 43SEC EDGARListing notice or transfer
- 44SEC EDGARUnregistered sale of shares
- 45
- 46SEC EDGARBylaws or fiscal year changed
- 47
- 48SEC EDGAROther events
- 49SEC EDGARListing notice or transfer
- 50
- 51
- 52
- 53
- 54
- 55