UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-16672
CUSIP NUMBER: 0007389011-07
(Check One):
[ ] Form 10-K [ ] Form 11-K [ ] Form 20-F [X] Form 10-Q [ ] Form N-SAR
For Period Ended: June 30, 1998
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant
POWER SPECTRA, INC.
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Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
919 Hermosa Court
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City, State and Zip Code
Sunnyvale, California 94086
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PART II - RULES 12b-25(b) AND (c)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
[X] (b) The subject annual report or semi-annual report/portion thereof
will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly report/portion
thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
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(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
Not Applicable
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11K, 20-F,
1000-Q or N-SAR or portion thereof could not be filed within the prescribed time
period. (Attach Extra Sheets if Needed)
The officers and directors of the Company have been fully engaged in
attempts to obtain additional financing for the Company. As a result, they have
not had adequate time to direct, nor because of financial considerations, the
resources necessary, to compete the preparation of the Form 10-Q.
PART IV - OTHER INFORMATION
(1) Name and telephone number of persons to contact in regard to this
notification
Edward J. Lamb (408) 737-7977
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(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).
[X] Yes [ ] No
(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?
[X] Yes [ ] 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.
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POWER SPECTRA, INC.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: August 14, 1998 By: /s/ Edward J. Lamb
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Edward J. Lamb
Chief Financial Officer
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POWER SPECTRA, INC.
PART IV, ITEM (3)
The Company is expecting that the results of operations for the six
months ended June 30, 1998 will reflect an increase in the net loss of
approximately 52% over the net loss for the comparable period in 1997. The
Company currently believes that the net loss for 1998 will be approximately
$1,580,000 compared to $1,041,000 for 1997. The increased loss is due primarily
to a reduction in revenues of approximately $140,000 in the 1998 period compared
to 1997.