Accounting Standards Codification

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Harbor Diversified, Inc. - HRBR

Retrieved on: 
Monday, April 8, 2024
Customer, Prior, Audit, Accounting Standards Codification, News, LLP, Bank statement, OTC, Air Wisconsin, Pomerantz, United Airlines, Harbor

NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR).

Key Points: 
  • NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR).
  • The investigation concerns whether Harbor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Harbor Diversified, Inc. (HRBR)

Retrieved on: 
Tuesday, April 2, 2024
Customer, Audit, Accounting Standards Codification, News, Bank statement, OTC, Air Wisconsin, Harbor, Audit committee, Private investigator

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR ).

Key Points: 
  • NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR ).
  • The investigation concerns whether Harbor and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

HARBOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Harbor Diversified, Inc. on Behalf of Harbor Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, April 2, 2024
Customer, Audit, Accounting Standards Codification, Telephone, News, Bank statement, P.C, OTC, Air Wisconsin, United Airlines

NEW YORK, April 1, 2024 – , April 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR) on behalf of Harbor stockholders.

Key Points: 
  • NEW YORK, April 1, 2024 – , April 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR) on behalf of Harbor stockholders.
  • Our investigation concerns whether Harbor has violated the federal securities laws and/or engaged in other unlawful business practices.
  • Click here to participate in the action.
  • On this news, Harbor’s stock price fell $0.29 per share, or 14.25%, to close at $1.73 per share on April 1, 2024, the next trading day.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Harbor Diversified, Inc. - HRBR

Retrieved on: 
Monday, April 1, 2024
Customer, Prior, Audit, Accounting Standards Codification, News, LLP, Bank statement, OTC, Air Wisconsin, Pomerantz, United Airlines, Harbor

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR).

Key Points: 
  • NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. (“Harbor” or the “Company”) (OTC: HRBR).
  • The investigation concerns whether Harbor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Clever Leaves Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024
Financial statement, Certification, HBI, Consolidated, Partnership, Accounting Standards Codification, Patient, Sale, RDC, Sales, Closing, GMP, Procurement, ASC, Traction, Interest, ATM, Security, Note, Investment, THC, Pharmaceutical industry

TOCANCIPÁ, Colombia, April 01, 2024 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, is reporting financial and operating results for the fourth quarter and full year ended December 31, 2023. All financial information is provided in US dollars unless otherwise indicated.

Key Points: 
  • Subsequent to the end of the fourth quarter, we completed the $1.5 million sale of our Portuguese farm assets.
  • As we progress into 2024, we remain focused on driving further capital preservation and operational efficiencies.”
    Fourth Quarter 2023 Summary vs.
  • Same Year-Ago Quarter1
    Revenue in the fourth quarter of 2023 increased 5% to $4.6 million compared to $4.4 million for the same period in 2022.
  • Net loss in 2023 includes a $3.7 million loss on investment related to the fourth quarter sale of the Company’s remaining Cansativa stake.

Pacific Coast Oil Trust Announces There Will Be No March Cash Distribution

Retrieved on: 
Thursday, March 28, 2024
Banking, Energy, Professional Services, Oil, Gas, Letter, Net, Face, Panel, Sale, Transport, Bank statement, Special, Business analyst, Trustee, Marketing, Barrel (unit), Prejudice, Federal district, Accounting Standards Codification, Calendar, Hand, State, Phillips 66, Internet, Conveyance, Security (finance), Moss Adams, Annual report, County, ARO, Retirement, Consultant, Dissolution, Connection, COVID-19, Bank, Motion, United States district court, Evergreen, Superior court, Report, Court, Hearing, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Quantum Provides Business Update

Retrieved on: 
Monday, March 25, 2024
Networks, Data Management, Technology, Artificial Intelligence, Software, 8-K, Letter, Panel, Acceleration, Form, Accounting Standards Codification, Corporation, News, AI, Quantum, Quantum Corporation, Hearing

Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today filed a Form 8-K regarding several business updates, including reiterating its efforts to be current with its SEC financial reports by May 7, 2024.

Key Points: 
  • Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today filed a Form 8-K regarding several business updates, including reiterating its efforts to be current with its SEC financial reports by May 7, 2024.
  • This amendment is consistent with the Company’s broader efforts to prioritize certain financial and business projects targeting improvements to working capital, acceleration of new products and a more focused business.
  • This re-evaluation process has involved an extensive and detailed analysis of the current financial periods as well as historical quarterly and annual reports.
  • Although the Company, along with its independent registered public accounting firm, is making significant progress, additional time is being taken in order to make a final determination.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Harbor Diversified, Inc. - HRBR

Retrieved on: 
Thursday, April 4, 2024
Customer, Accounting Standards Codification, News, LLP, Bank statement, OTC, Annual report, Air Wisconsin, Pomerantz, United Airlines, Harbor, Audit committee, Audit

NEW YORK, April 4, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. ("Harbor" or the "Company") (OTC: HRBR).

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Harbor Diversified, Inc. ("Harbor" or the "Company") (OTC: HRBR).
  • The investigation concerns whether Harbor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Retrieved on: 
Thursday, February 29, 2024
Banking, Energy, Professional Services, Oil, Gas, Hearing, Report, Net, Accounting Standards Codification, Sale, Phillips 66, Consultant, Federal district, Bank statement, Barrel (unit), ARO, Special, Moss Adams, Marketing, Bank, Transport, Connection, Prejudice, Trustee, Dissolution, United States district court, Security (finance), Conveyance, State, Panel, Court, Retirement, Calendar, Face, County, Business analyst, Annual report, Evergreen, Letter, COVID-19, Hand, Motion, Internet, Superior court, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Quantum Announces Delayed Form 10-Q Filing for Quarter Ending December 31, 2023

Retrieved on: 
Wednesday, February 14, 2024
Software, Technology, Audio, Video, Other Technology, Late, Materiality, ASC, Accounting Standards Codification, Listing, Quantum, File, Quantum Corporation, Stand-alone, Corporation, Cryptocurrency

Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) announced today that it has filed a Form 12b-25 Notification of Late Filing for the quarter ended December 31, 2023 (the “Form 10-Q”) by February 9, 2024, the original due date for such filing.

Key Points: 
  • Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) announced today that it has filed a Form 12b-25 Notification of Late Filing for the quarter ended December 31, 2023 (the “Form 10-Q”) by February 9, 2024, the original due date for such filing.
  • Nasdaq previously granted Quantum an extension to regain compliance with the filing of its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023 by May 7, 2024, to satisfy Nasdaq listing rules.
  • Quantum is providing its cash and long-term debt balances as of December 31, 2023, which are unaudited below.
  • Total interest expense for the three-month period ended December 31, 2023 was $3.9 million, compared to $2.7 million for the same period a year ago.