Precision Optics Corp. Files 10-K Amendment

TL;DR

POC filed a 10-K amendment for FY24. Check for updates.

AI Summary

Precision Optics Corporation, Inc. filed an amendment (Amendment No. 1) to its annual report on Form 10-K for the fiscal year ended June 30, 2024. This filing, dated October 28, 2024, provides updated information for the company, which is incorporated in Massachusetts and headquartered in Gardner, MA.

Why It Matters

This amendment to the annual report provides updated financial and operational information for Precision Optics Corporation, Inc., which is crucial for investors to assess the company's performance and outlook.

Risk Assessment

Risk Level: low — This filing is an amendment to an annual report and does not appear to contain new material adverse information.

Key Numbers

• 06302024 — Fiscal Year End (The period covered by the annual report.)
• 001-10647 — SEC File Number (Identifier for the company's filings with the SEC.)

Key Players & Entities

• PRECISION OPTICS CORPORATION, INC. (company) — Registrant
• 001-10647 (company) — Commission File Number
• 20240630 (date) — Fiscal Year End
• 20241028 (date) — Filing Date
• Gardner, MA (location) — Company Headquarters

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value POCI Nasdaq Stock Market
• $16 million — ly completed second fiscal quarter, was $16 million. In determining the market value of the
• $250M — & Associates Investment Company LLC, a $250M private investment firm focused on priv

Filing Documents

• poci_10ka1-063024.htm (10-K/A) — 193KB
• poci_ex3103.htm (EX-31.3) — 3KB
• poci_ex3104.htm (EX-31.4) — 4KB
• 0001683168-24-007417.txt ( ) — 202KB

Executive Compensation

Executive Compensation 6 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 11 Item 13. Certain Relationships and Related Transactions, and Director Independence 15 Item 14. Principal Accounting Fees and Services 15 PART IV Item 15. Exhibits, Financial Statement Schedules 17

Signatures

Signatures 18 ii PART III

DIRECTORS, EXECUTIVE

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE. Directors and Executive Officers The following table sets forth the names and ages of all of our directors and executive officers as of June 30, 2024. Our officers are appointed by, and serve at the pleasure of, the Board of Directors. Name Age Position with our Company Joseph N. Forkey 56 Chief Executive Officer, President, Treasurer and Director Wayne M. Coll 60 Chief Financial Officer, Secretary Mahesh Lawande 51 Chief Operating Officer Peter H. Woodward 51 Chairman of the Board and Director Andrew J. Miclot 69 Director Richard B. Miles 81 Director Peter V. Anania 69 Director Set forth below is biographical information about each of the individuals named in the tables above: Joseph N. Forkey – Chief Executive Officer, President, Treasurer and Director Dr. Joseph N. Forkey has served as our Chief Executive Officer, President and Treasurer since February 8, 2011. Dr. Forkey has been a member of our Board of Directors since 2006. He served as our Chairman of our Board of Directors from February 2011 to July 2014. He served as our Executive Vice President and Chief Scientific Officer from April 2006 to February 2011, and held the position of our Chief Scientist from September 2003 to April 2006. Since joining us, he has been involved in general technical and management activities of our Company, as well as investigations of opportunities that leverage our newly developed technologies. Dr. Forkey holds B.A. degrees in Mathematics and Physics from Cornell University, and a Ph.D. in Mechanical and Aerospace Engineering from Princeton University. Prior to joining us, Dr. Forkey spent seven years at the University of Pennsylvania Medical School as a postdoctoral fellow and research staff member. Dr. Forkey is a valuable member of our Board due to his depth of scientific, operating, strategic, transactional, and senior management experience in our industry. Additionall

View Full Filing

View this 10-K/A filing on SEC EDGAR