Filing Signals

Source: SEC EDGAR Compiled 2026-11-14 10:32 UTC 23 automated checks passing

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NATURAL ALTERNATIVES INTERNATIONAL INC

CIK 787253 NAII·Manufacturing · All EDGAR filings ↗

Progression

  1. Finance chief departure 8-K
  2. Late filing NT 10-Q +17d
  3. Going concern 10-K +133d
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Form
An amendment is grouped with the report it amends; every 12b-25 notice is one group

Going concern Filing comparison

NATURAL ALTERNATIVES INTERNATIONAL INC disclosed substantial doubt about its ability to continue as a going concern

No substantial-doubt conclusion identified → Substantial doubt about ability to continue as a going concern

There is no assurance a forbearance letter, waiver, amendment, or other remedy will be available or what the difference in amount, cost and other factors related to the credit facility may be. Management identified the following conditions that raised substantial doubt about the Company’s ability to continue as a going concern: • Net losses and negative operating cash flows; • Non-compliance of the financial covenant requirements of Legacy for the nine months ending September 30, 2026 and a forecasted inability to meet future covenants during our fiscal year 2027; and • Our inability to…
Evidence
Blank check
No
Comparable
Yes
Current state
substantial_doubt
Current state label
Substantial doubt about ability to continue as a going concern
Direction
escalated
Located in
going-concern note
Prior filed
2026-05-19
Prior form
10-Q
Prior state
none
Prior state label
No substantial-doubt conclusion identified
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗

Going concern Filing comparison

NATURAL ALTERNATIVES INTERNATIONAL INC disclosed substantial doubt about its ability to continue as a going concern

No substantial-doubt conclusion identified → Substantial doubt about ability to continue as a going concern

We have informed Legacy of our pending non-compliance with the fixed charge coverage ratio, and there is no assurance that a waiver, amendment, or remedy will be available or what the difference in amount, cost or other factors may be. Management identified the following conditions that raised substantial doubt about the Company’s ability to continue as a going concern: • Continued net losses and negative operating cash flows; • A forecasted inability to meet the financial covenant requirements of Legacy for the nine months ending September 30, 2026; and • Our inability to satisfy amounts…
Evidence
Blank check
No
Comparable
Yes
Current state
substantial_doubt
Current state label
Substantial doubt about ability to continue as a going concern
Direction
escalated
Located in
going-concern note
Prior filed
2025-09-23
Prior form
10-K
Prior state
none
Prior state label
No substantial-doubt conclusion identified
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗

Late filing Filing comparison

NATURAL ALTERNATIVES INTERNATIONAL INC told the SEC it could not file its quarterly report on time

Does not expect a significant change in results. 3 days past the statutory due date.

(the “Company”) is unable to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026, within the prescribed time period without unreasonable effort or expense, principally due to the Company’s ongoing efforts to close a new credit facility, including a new term note and working capital line of credit, with increased capacity to support the Company’s expected business growth and provide greater flexibility in working capital and covenant requirements. The new credit facility will replace the Company’s existing term loan and working capital line of credit held by its current institutional lender. The Company has been in active negotiations with the new lending…
Evidence
Anticipates significant change
No
Days past due date
3
Other periodic reports filed
Yes
Routine
Yes
Severity
normal
Source
Form 12b-25 (notification of late filing)
Stated reason
(the “Company”) is unable to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026, within the prescribed time period without unreasonable effort or expense, principally due to the Company’s ongoing efforts to close a new credit facility, including a new term note and working capital line of credit, with increased capacity to support the Company’s expected business growth and provide greater flexibility in working capital and covenant requirements. The new credit facility will replace the Company’s existing term loan and working capital line of credit held by its current institutional lender. The Company has been in active negotiations with the new lending…
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

Finance chief departure Filing comparison

NATURAL ALTERNATIVES INTERNATIONAL INC's Chief Financial Officer departed and a successor was named

Evidence
Interim only
No
Item code
5.02
Item title
Departure of Directors or Certain Officers
Role
Chief Financial Officer
Severity
normal
Source
SEC 8-K item code
Successor named
Yes
Why
The company's chief financial or accounting officer departed, disclosed under 8-K Item 5.02.

Source filing ↗