-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ch0jzhBMZ7+u93G0Q7bXRo1k0xyDikhHC8ZWDreUlf2RPTbXkukDIKwb3HPh1Dw3 WgfutVSwvrsZhUJwIEe+9w== 0000950153-07-002378.txt : 20071109 0000950153-07-002378.hdr.sgml : 20071109 20071109171052 ACCESSION NUMBER: 0000950153-07-002378 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070930 FILED AS OF DATE: 20071109 DATE AS OF CHANGE: 20071109 EFFECTIVENESS DATE: 20071109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYNTAX-BRILLIAN CORP CENTRAL INDEX KEY: 0001232229 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 050567906 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-50289 FILM NUMBER: 071232798 BUSINESS ADDRESS: STREET 1: 1600 NORTH DESERT DRIVE CITY: TEMPE STATE: AZ ZIP: 85281-1230 BUSINESS PHONE: 6023898888 MAIL ADDRESS: STREET 1: 1600 NORTH DESERT DRIVE CITY: TEMPE STATE: AZ ZIP: 85281-1230 FORMER COMPANY: FORMER CONFORMED NAME: BRILLIAN CORP DATE OF NAME CHANGE: 20030512 NT 10-Q 1 p74611ntnt10vq.htm NT 10-Q nt10vq
 

SEC File Number: 000-50289
CUSIP Number: 87163L-10-3
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):   o Form 10-K o Form 20-F o Form 11-K þ Form 10-Q o Form 10-D
o Form N-SAR o Form N-CSR
For Period Ended:      September 30, 2007                    
o Transition Report on Form 10-K
o Transition Report on Form 20-F
o Transition Report on Form 11-K
o Transition Report on Form 10-Q
o Transition Report on Form N-SAR
For the Transition Period Ended:                                    
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:                                   
PART I
REGISTRANT INFORMATION
   SYNTAX-BRILLIAN CORPORATION
 
Full Name of Registrant
 
 
Former Name if Applicable
   1600 NORTH DESERT DRIVE
 
Address of Principal Executive Office (Street and Number)
   TEMPE, ARIZONA 85281-1230
 
City, State and Zip Code

 

 

PART II
RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)
         
þ
   (a)   The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
       
  (b)   The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
     
  (c)   The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Syntax-Brillian Corporation (the “Registrant”) requires additional time to file its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2007 (the “Report”). The Registrant has expended considerable time and internal resources preparing its financial statements and, to ensure adequate disclosure, the Registrant requires additional time to file the Report. The Registrant is unable to complete and file the Report within the prescribed time period without unreasonable effort or expense. The Registrant expects to file the Report within the prescribed period allowed by Rule 12b-25.
PART IV
OTHER INFORMATION
(1)   Name and telephone number of person to contact in regard to this notification
         
John S. Hodgson   (602)   389-8888
         
(Name)   (Area Code)   (Telephone Number)
(2)   Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).               þ Yes          o No
 

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(3)   Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?                þ Yes          o No
 
    If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
 
    See attached.

3

 

SYNTAX-BRILLIAN CORPORATION
(Name of Registrant as Specified in Charter)
    has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
         
     
Date November 9, 2007  By:    /s/ John S. Hodgson  
    John S. Hodgson   
    Executive Vice President, Chief Financial
Officer, and Treasurer 		  
 

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Attachment to Form 12b-25
Explanation for Part IV, Item 3.
     During the quarter ended September 30, 2007, the Registrant changed its business model related to the greater China and southeast Asia regions. Due to the licensing of the Registrant’s brand with one of its distributors in these regions, the Registrant has not recognized $56.1 million of shipments to this distributor which, for accounting purposes, will be recognized as collected. The Registrant also recorded a charge of $28.3 million related to the write off of goodwill and intellectual property associated with the planned divestiture of its Liquid Crystal on Silicone, or LCoS, business line. The Registrant recorded a net loss for the three months ended September 30, 2007 of approximately $13.5 million. This represents a significant change from the corresponding period for the previous fiscal year, in which the Registrant recorded a net income of approximately $4.4 million.

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