GeoSpace Technologies Corp Files 2022 Annual Report Amendment

TL;DR

GeoSpace filed an amendment to its 2022 10-K. Check for updates.

AI Summary

GeoSpace Technologies Corporation filed an amendment (10-K/A) to its annual report for the fiscal year ended September 30, 2022. The filing, dated July 2, 2024, pertains to the company's operations and financial status. GeoSpace Technologies Corporation, incorporated in Texas, is involved in measuring and controlling devices.

Why It Matters

This amendment provides updated information for the fiscal year 2022, which could contain crucial details for investors and analysts assessing the company's performance and outlook.

Risk Assessment

Risk Level: low — This is a routine amendment to a previously filed annual report, not indicating new material adverse events.

Key Numbers

• FY 2022 — Fiscal Year (Period covered by the amended report)

Key Players & Entities

• GEOSPACE TECHNOLOGIES CORPORATION (company) — Registrant
• 7007 Pinemont Drive Houston, Texas 77040-6601 (address) — Principal Executive Offices
• 001-13601 (filing_id) — Commission file number
• September 30, 2022 (date) — Fiscal Year End
• 76-0447780 (tax_id) — I.R.S. Employer Identification No.

FAQ

Key Financial Figures

• $5.75 — illion (based upon the closing price of $5.75 on March 31, 2022, as reported by The N
• $32.5 million — er of cost or net realizable value, was $32.5 million as of September 30, 2022. The valuation
• $4.3 million — ancial statements, the Company assessed $4.3 million of goodwill and $3.5 million of other i
• $3.5 million — y assessed $4.3 million of goodwill and $3.5 million of other intangible assets associated w

Filing Documents

• geos20220930_10ka.htm (10-K/A) — 59KB
• ex_694832.htm (EX-31.1) — 14KB
• ex_694833.htm (EX-31.2) — 14KB
• 0001437749-24-021939.txt ( ) — 299KB
• geos-20220930.xsd (EX-101.SCH) — 3KB
• geos-20220930_def.xml (EX-101.DEF) — 17KB
• geos-20220930_lab.xml (EX-101.LAB) — 23KB
• geos-20220930_pre.xml (EX-101.PRE) — 18KB
• geos20220930_10ka_htm.xml (XML) — 7KB

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules The following exhibits are filed as part of this Amendment: Exhibits Exhibit Number Description of Documents 31.1 Certification of the Company ' s Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.* 31.2 Certification of the Company ' s Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.* 32.1 Certification of the Company's Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 32.2 Certification of the Company's Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 104 The cover page from the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2023 formatted in iXBRL. * * Filed herewith. Report of Independent Registered Public Accounting Firm To the Shareholders and the Board of Directors of Geospace Technologies Corporation Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Geospace Technologies Corporation and its subsidiaries (the Company) as of September 30, 2022 and 2021, the related consolidated statements of operations, comprehensive loss, stockholders' equity and cash flows for the years then ended, and the related notes to the consolidated financial statements (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of September 30, 2022 and 2021, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the Public Comp