Syntec Optics Holdings, Inc.

2.6100-0.12 (-4.22%)

Oct 29, 4:00:00 PM EDT · NasdaqCM · OPTX · USD

Upcoming Earnings

Report date

≈ -

Key Stats

Market Cap

96.36M

P/E (TTM)

Basic EPS (TTM)

-0.04

Dividend Yield

Recent Filings

8-K

Auditor switch amid control weaknesses

10/14/25Oct 14, 2025

Syntec Optics Holdings dismissed Marcum LLP as its independent auditor on October 10, 2025, following Marcum's acquisition by CBIZ CPAs P.C., and promptly engaged CBIZ as its new firm, with Audit Committee approval. No audit disagreements arose, but the company disclosed ongoing material weaknesses in internal controls from its 2024 10-K, including inadequate segregation of duties and IT security gaps. This switch ensures continuity amid persistent control issues.

8-K

Filing delays nearing end

10/3/25Oct 3, 2025

Syntec Optics Holdings disclosed on October 2, 2025, that its auditors have nearly wrapped up reviews for the delayed 2024 Form 10-K and Q1/Q2 2025 10-Qs, targeting simultaneous release soon to meet the October 13 Nasdaq deadline. This update addresses prior filing delays, with the engagement quality review in final stages. Compliance hangs on timely submission. Delays test patience, but resolution nears.

8-K

Nasdaq delinquency notice issued

9/4/25Sep 4, 2025

Syntec Optics Holdings received a Nasdaq delinquency notice on August 29, 2025, for failing to file its 10-K for 2024 and 10-Qs for Q1 and Q2 2025, breaching listing rules. Nasdaq granted an extension until October 13, 2025, to submit all reports. The company plans to file everything by September 15 after audit approvals. Delays risk delisting.

8-K

Nasdaq delinquency notice issued

6/2/25Jun 2, 2025

Syntec Optics Holdings received a Nasdaq delinquency notice on May 28, 2025, for failing to file its Form 10-Q for Q1 2025 and Form 10-K for 2024, breaching listing Rule 5250(c)(1). The company must submit a compliance plan by June 16, 2025, potentially earning an extension to October 13, 2025. Management is rushing to file the overdue reports. Delays risk delisting.

8-K

Nasdaq delinquency notice issued

4/23/25Apr 23, 2025

Syntec Optics Holdings received a Nasdaq delinquency notice on April 16, 2025, for failing to file its Form 10-K for the year ended December 31, 2024, breaching Listing Rule 5250(c)(1). The company has 60 days to submit a compliance plan, potentially extending the deadline to October 13, 2025. Management is rushing to finalize the report. Delays risk delisting.

About

Syntec Optics Holdings, Inc. manufactures and supplies integrated optics and photonics components, sub-systems, and optical systems for defense, medical, and consumer end-markets worldwide. It offers polymer-based optics; and optical assemblies, electro-optics assemblies, molded polymer and glass optic components, opto-mechanical components, nano machining, and thin films coating. The company also provides optics assembly, electro-optics assembly, design, and coating services. Syntec Optics Holdings, Inc. was founded in 1981 and is based in Rochester, New York.

CEO

Mr. Al Kapoor

IPO

1/26/2022

Website

https://www.syntecoptics.com

Employees

159

Sector

Technology

Industry

Electronic Components