15 July 2026quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $90 thousand and a net loss of $242 thousand for the period ended 2026-05-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 May 2026director interest notice● Neutral
Norris Industries, Inc. Chairman, CEO, CFO Norris Patrick L. disposed of 1,000,000 shares via option/appreciation-right settlement.
26 Feb 2026auditor change● Neutral
Norris Industries engaged Sadler, Gibb & Associates as its new auditor, replacing BDO and filling the vacancy left by BDO's dismissal two weeks earlier - though the underlying Preferred Stock accounting dispute BDO raised remains unresolved.
18 Feb 2026financial restatement▼ BadMajor
BDO formally told Norris Industries' board that its historical accounting for the Preferred Stock (classified as permanent equity since fiscal 2018) was wrong and that the fiscal 2024 and 2025 financial statements shouldn't be relied upon. Management disagrees and has not concluded a restatement is needed, and plans to bring in an independent accounting advisor to referee the dispute; separately, the preferred stockholder contributed its shares back to the company and they were cancelled, though that doesn't resolve the underlying accounting question.
13 Feb 2026auditor change▼ BadMajor
Just over three months after taking over, Norris Industries dismissed BDO amid a real dispute: BDO believed the company's Series A Convertible Preferred Stock should have been classified as temporary (mezzanine) rather than permanent equity. The company also disclosed four material weaknesses in internal controls, including inexperienced accounting staff, no independent audit committee, and no segregation of duties - and had not yet lined up a new auditor.
15 Jan 2026late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
3 Nov 2025auditor change● Neutral
Horne LLP's entire staff joined BDO USA, automatically transitioning Norris Industries' audit relationship to BDO - a firm succession rather than a dismissal, with no disagreements noted.
14 Oct 2025quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $54 thousand and a net loss of $158 thousand for the period ended 2025-11-30.
15 July 2025quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $93 thousand and a net loss of $167 thousand for the period ended 2025-05-31.
14 Jan 2025director interest notice● Neutral
Norris Industries, Inc. Chairman, CEO, CFO Norris Patrick L. bought 17,362,675 shares on the open market at $0.08.
14 Jan 2025quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $82 thousand and a net loss of $156 thousand for the period ended 2024-11-30.
15 Oct 2024quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $82 thousand and a net loss of $156 thousand for the period ended 2024-11-30.
12 July 2024quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $77 thousand and a net loss of $118 thousand for the period ended 2024-08-31.
11 Jan 2024quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $87 thousand and a net loss of $143 thousand for the period ended 2023-11-30.
12 Oct 2023quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $87 thousand and a net loss of $143 thousand for the period ended 2023-11-30.
14 July 2023quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $83 thousand and a net loss of $124 thousand for the period ended 2023-08-31.
17 Jan 2023quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $106 thousand and a net loss of $135 thousand for the period ended 2022-11-30.
14 Oct 2022quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $106 thousand and a net loss of $135 thousand for the period ended 2022-11-30.
13 July 2022quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $207 thousand and a net loss of $16 thousand for the period ended 2022-08-31.
13 July 2022director interest notice● Neutral
Norris Industries, Inc. CEO Norris Patrick L. bought 400,000 shares on the open market at $0.25.
31 May 2022late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its annual report would be filed late.
14 Jan 2022quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $105 thousand and a net loss of $156 thousand for the period ended 2021-11-30.
20 Oct 2021quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $105 thousand and a net loss of $156 thousand for the period ended 2021-11-30.
15 Oct 2021late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
15 July 2021quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $71 thousand and a net loss of $117 thousand for the period ended 2021-08-31.
16 June 2021auditor change▼ Bad
Norris Industries dismissed Marcum LLP as auditor and engaged Horne, LLP; no disagreements were cited, but the company's 10-K disclosed material weaknesses in its internal controls.
14 Jan 2021quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $60 thousand and a net loss of $232 thousand for the period ended 2020-11-30.
13 Oct 2020quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $60 thousand and a net loss of $232 thousand for the period ended 2020-11-30.
15 July 2020quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $92 thousand and a net loss of $204 thousand for the period ended 2020-08-31.
29 May 2020late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its annual report would be filed late.