<PAGE>
<PAGE>
-----------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------------
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
| |Form 10-K | |Form 20-F | |Form 11-K |X|Form 10-Q | |Form N-SAR
For Period Ended: March 31, 1996
------------------
[ ] 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:
---------------
- -----------------------------------------------------------------------------
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
- ------------------------------------------------------------------------------
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
Full Name of Registrant
Interiors, Inc.
Former Name if Applicable
Address of Principal Executive Office (Street and Number)
320 Washington Street
City, State and Zip Code
Mt. Vernon, NY 10553
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)
[ ] (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, Form 11-K, 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.
PART III NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 11-K, 10-Q, N-SAR,
or the transition report or portion thereof, could not be filed within the
prescribed time period. (Attach Extra Sheets if Needed)
During the third Quarter, the implementation of a new financial system was
delayed by the consultants handling the project. This resulted in a delay of the
financial information needed to finalize the Financial Reports.
<PAGE>
PART IV OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Michael J. Amere (914) 665-5400 x802
---------------- ----- ---------------
(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 reports) 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?
[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.
- -------------------------------------------------------------------------------
Interiors, Inc.
--------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date May 14, 1996 By /s/ Michael J. Amere
-------------------- ------------------------
Micheal J. Amere
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).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240, 12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
General Rules and Regulations under the Act. The information contained in or
filed with the form will be made a matter of public record in the Commission
files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished. The form shall be
clearly identified as an amended notification.
5. Electronic Filers. This form shall not be used by electronic filers unable
to timely file a report solely due to electronic difficulties. Filers unable
to submit a report within the time period prescribed due to difficulties in
electronic filing should comply with either Rule 201 or 202 of Regulation
S-T (section 232,201 or section 232,202 of this chapter) or apply for an
adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (section
232.13(b) of this chapter).
<PAGE>
<TABLE>
<CAPTION>
Interiors, Inc.
P & L
$000
Nine Months Ended March 1996 Three Months Ended March 1996
Catalog Catalog Nine months Three months
Operation to Operation to Ended Ended
Interiors, Inc. be Discontinued Interiors, Inc. be Discontinued March 1995 March 1995
--------------- --------------- --------------- --------------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C>
Revenues 4,493 892 1,269 232 5,201 1,707
Cost of goods sold 2,416 444 781 116 2,195 670
----- --- --- --- ----- ---
Gross Margin 2,077 448 488 116 3,006 1,037
Spelling & Admin 2,528 502 968 177 2,738 934
----- --- --- --- ----- ---
Operating income (451) (54) (480) (61) 268 103
Interest and other 295 58 82 19 178 81
--- -- -- -- --- --
Pre tax inc (loss) (746) (112) (562) (80) 90 22
Write off - Assets Related to
Operation to be Discontinued 900 550
Reserve for Stock Option Plan 200
Tax provision 6 0 0 0 17 4
- - - - -- -
Net income/(loss) (952) (1,012) (562) (630) 73 18
</TABLE>
