FOCUS ENHANCEMENTS INC
NT 10-Q, 2000-05-15
COMPUTER COMMUNICATIONS EQUIPMENT
Previous: NYER MEDICAL GROUP INC, NT 10-Q, 2000-05-15
Next: MATRITECH INC/DE/, 10-Q, 2000-05-15



<PAGE>

                   U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 12b-25

                          Notification Of Late Filing
                                       of
              Form 10-QSB for Fiscal Quarter Ended March 31, 2000


Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

                         Commission File Number 1-11860
                         ------------------------------





Part I.  REGISTRANT INFORMATION.

                            FOCUS ENHANCEMENTS, INC.
                 (Name of Small Business Issuer in its Charter)

                    Delaware                      04-3186320
          (State or Other Jurisdiction of      (I.R.S. Employer
          Incorporation or Organization)      Identification No.)

                               600 RESEARCH DRIVE
                        WILMINGTON, MASSACHUSETTS 01887
                    (Address of Principal Executive Offices)

                                 (978) 988-5888
                (Issuer's Telephone Number, Including Area Code)
<PAGE>

Part II. RULES 12B-25(B) AND (C).

The registrant hereby seeks relief under Rule 12b-25(b) and in support thereof
states that:

     (a)  The reasons for the late filing of the subject report that are
          described in Part III of this form could not be eliminated without
          unreasonable effort or expense; and

     (b)  The subject Annual Report on Form 10-QSB will be filed on or before
          the fifth calendar day following the due date.

Part III. NARRATIVE.

     FOCUS Enhancements, Inc. (the "Company") is unable to meet its filing
     requirement for the Form 10-QSB for the quarter ended March 31, 2000,
     without unreasonable effort or expense. The Company experienced significant
     delays in completing its audit for the year ended December 31, 1999, due to
     staffing availability issues. As a result, the Company is experiencing
     delays in closing its books for the first quarter, 2000 and consequently,
     is unable to complete on a timely basis, the first quarter's financial
     statements and related disclosures that are to be included in the Company's
     Form 10-QSB for the quarter ended March 31, 2000.

     Additional time is required for the company to complete the closing of its
     books and prepare its financial statements for the quarter ended March 31,
     2000.

Part IV. OTHER INFORMATION.

     (1) Name and telephone number of person to contact in regard to this
         notification:

         Christopher P. Ricci  (978) 988-5888
         (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 during the preceding 12 months
          been filed?

          (X) Yes                                   ( ) No

     (3)  Is it anticipated that any significant change in results of operations
          from the corresponding period for the last year will be reflected by
          the earnings statements to be included in the subject report?

          (X) Yes (see explanation below)           ( ) No

     If so, attach 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:

     In the first fiscal quarter 1999, the Company had a net income of $0.01 per
     share. In the first quarter of fiscal year 2000, the Company expects that
     there will be a loss due primarily to expenses associated with the audit
     and review for the 1999 fiscal year and a restructuring charge for closing
     the Company's Morgan Hill facility.  It is anticipated that the loss will
     be approximately $0.06 per share.

     Focus Enhancements, Inc. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.

Dated: May 15, 2000           By /s/ BRETT MOYER
                                 ---------------
                                 Brett Moyer
                                 Executive Vice President and
                                 Chief Operating Officer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission