SAFESKIN CORP
NT 10-K, 1999-04-01
FABRICATED RUBBER PRODUCTS, NEC
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<PAGE>   1

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25
                                                                 SEC FILE NUMBER
                           NOTIFICATION OF LATE FILING               0-22726

<TABLE>
<S>             <C>              <C>              <C>               <C>              <C>
(Check One):    [X] Form 10-K    [ ] Form 20-F    [ ] Form 11-K     [ ] Form 10-Q    [ ] Form N-SAR
</TABLE>

                  For Period Ended: December 31, 1998 
                  [ ] Transition Report on Form 10-K 
                  [ ] Transition Report on Form 20-F 
                  [ ] Transition Report on Form 11-K 
                  [ ] Transition Report on Form 10-Q 
                  [ ] Transition Report on Form N-SAR
                  For the Transition Period Ended:______________________________

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

Safeskin Corporation
- --------------------------------------------------------------------------------
Full Name of Registrant


- --------------------------------------------------------------------------------
Former Name if Applicable

12671 High Bluff Drive
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

San Diego, CA  92130
- --------------------------------------------------------------------------------
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)

[X]  (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, semi-annual report, transition
          report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion
          thereof, will be filed on or before the fifteenth calendar day
          following the prescribed due date; or the subject quarterly report
          of transition report on Form 10-Q, 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.



<PAGE>   2

PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.

         The Company is unable to file its report on Form 10-K for the year
ended December 31, 1998 within the prescribed time period due to a delay in
finalizing the Company's financial statements.

                                                 (Attach Extra Sheets if Needed)

PART IV - OTHER INFORMATION

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

        Kara L. MacCullough                    305                 579-0446
        ------------------------------------------------------------------------
        (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 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?
                                                                  [ ] Yes [X] 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.



- --------------------------------------------------------------------------------

                              Safeskin 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: April 1, 1999                         By: /s/ David Morash
      ----------------------------              --------------------------------
                                                David Morash, Executive
                                                Vice President and Chief 
                                                Financial Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                    ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).


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