FB pixel

Voxx asset review delays quarterly filing

Voxx asset review delays quarterly filing
 

A regulatory notice from Voxx International says the firm needs extra time to work out the fine details of its financials before filings its quarterly financials.

The company filed notification that it will file its quarterlies late as it tests its goodwill and other intangible assets under the merger agreement it signed with Gentex in December.

Voxx plans to file its Form 10-Q when it has completed a review of its intangible assets for impairment.

Gentex agreed to pay an estimated $196 million in cash for Voxx, along with access to the iris biometrics technology developed by EyeLock and GalvanEyes, at the close of 2024. Those former Voxx subsidiaries were merged as BioCenturion prior to the acquisition.

Related Posts

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

Securing user trust and safeguarding platforms with biometric identity verification

Verified trust is the new currency: so says a new report from reusable verified identity and screening company Trua, looking…

 

Essex Police reveal impressive accuracy of LFR from Corsight, Digital Barriers

England’s Essex Police have performed 383,356 match attempts with live facial recognition software from Corsight AI and Digital Barriers, with…

 

US and UK refusal to sign Paris declaration shows divergence in AI strategy

The U.S. and the UK have declined to sign the Paris AI summit declaration, which seeks to establish a “human…

 

DHS’s compliance with AI privacy, civil liberties requirements lacking, IG says

The Department of Homeland Security (DHS) has made strides in developing policies and frameworks to govern its AI use, including…

 

Precise Biometrics: quarterlies, annuals, SEC actions

Feb 13, 2025 – Net sales for Precise Biometrics rose 15.7 percent percent from 75.1 million Swedish kronor (approximately US$7 million)…

 

YouTube, Meta lean into age assurance in 2025

In the past twelve months, age assurance for online content – a method for knowing that a user is of…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events