Filing Signals

Source: SEC EDGAR Compiled 2026-09-14 08:28 UTC All 21 checks passing

← All events

Karbon-X Corp.

CIK 1729637 KARX·Cosmetics And Toiletries · All EDGAR filings ↗

Progression

  1. Late filing NT 10-Q
  2. Accounting standard newly cited 10-Q +96d
  3. SEC comment letter UPLOAD +38d
Refine
Form
An amendment is grouped with the report it amends; every 12b-25 notice is one group

Late filing elevated Filing comparison

Karbon-X Corp. told the SEC it could not file its annual report on time

Does not expect a significant change in results. Filed 1 day before the statutory due date.

The registrant has experienced delays in completing its financial statements for the fiscal year ended May 31, 2026. As a result, the registrant is delayed in filing its Form 10-K for the fiscal year then ended.
Evidence
Anticipates significant change
No
Days past due date
-1
Other periodic reports filed
Yes
Routine
No
Severity
elevated
Source
Form 12b-25 (notification of late filing)
Stated reason
The registrant has experienced delays in completing its financial statements for the fiscal year ended May 31, 2026. As a result, the registrant is delayed in filing its Form 10-K for the fiscal year then ended.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

SEC comment letter Filing comparison

SEC staff questioned Karbon-X Corp.'s accounting for revenue recognition

Letter dated 2026-03-05; published on EDGAR 2026-05-28 — the SEC releases comment letters only after the review closes.

Please explain how you account for revenue related to the sale of carbon credits. Specifically, tell us 1. The nature of the carbon credits, whether voluntary or for compliance; 2. How you determine when control of the carbon credits transfers to customers; 3. Any ongoing performance obligations after the sale; 4. How you determine the transaction price, including variable considerations due to regulatory or…
Evidence
Cited sections
Item 9A. Controls and Procedures, page 20
Direction
staff to company
Letter dated
2026-03-05
Published on edgar
2026-05-28
Reviewing
Karbon-X Corp. Form 10-K for the Fiscal Year Ended May 31, 2025 Form 10-Q for the Quarter Ended November 30, 2025 File No. 000-56288 Dear Chad Clovis: We have l
Source
SEC staff comment letter (UPLOAD)
Topics
Internal control, Revenue recognition, MD&A
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.

Source filing ↗

Accounting standard newly cited Filing comparison

Karbon-X Corp. cited accounting standard ASU 2016-13 for the first time in this filing series

Credit Losses The Company adopted ASU 2016-13, Financial Instruments — Credit Losses (Topic 326), and applies a forward-looking CECL model to estimate lifetime expected credit losses on financial assets carried at amortized cost, including this loan receivable and accounts receivable.
Evidence
Adopted
2016-13
Contexts
Credit Losses The Company adopted ASU 2016-13, Financial Instruments — Credit Losses (Topic 326), and applies a forward-looking CECL model to estimate lifetime expected credit losses on financial assets carried at amortized cost, including this loan receivable and accounts receivable.
New standards
2016-13
Prior filed
2026-01-20
Prior form
10-Q
Restates existing policy
No
Source
accounting standards update (ASU) reference comparison
Why
An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.

Source filing ↗ Prior filing ↗

Late filing Filing comparison

Karbon-X Corp. told the SEC it could not file its quarterly report on time

Does not expect a significant change in results. Filed 1 day before the statutory due date.

The registrant has experienced delays in completing its financial statements for the fiscal year ended February 28, 2026. As a result, the registrant is delayed in filing its Form 10-Q for the fiscal quarter then ended.
Evidence
Anticipates significant change
No
Days past due date
-1
Other periodic reports filed
Yes
Routine
Yes
Severity
normal
Source
Form 12b-25 (notification of late filing)
Stated reason
The registrant has experienced delays in completing its financial statements for the fiscal year ended February 28, 2026. As a result, the registrant is delayed in filing its Form 10-Q for the fiscal quarter then ended.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

Late filing Filing comparison

Karbon-X Corp. told the SEC it could not file its quarterly report on time

Does not expect a significant change in results. Filed on the statutory due date.

The registrant has experienced delays in completing its financial statements for the fiscal year ended November 30, 2025. As a result, the registrant is delayed in filing its Form 10-Q for the fiscal year then ended.
Evidence
Anticipates significant change
No
Days past due date
0
Other periodic reports filed
Yes
Routine
Yes
Severity
normal
Source
Form 12b-25 (notification of late filing)
Stated reason
The registrant has experienced delays in completing its financial statements for the fiscal year ended November 30, 2025. As a result, the registrant is delayed in filing its Form 10-Q for the fiscal year then ended.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗