secwatch.observer — SEC 8-K summary
======================================

Issuer:     Inotiv, Inc. (NOTV)
CIK:        0000720154
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001104659-22-126069
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inotiv delays FY2022 results; preliminary revenue $547.7M; NHP import probe ongoing
--------------------------------------------------------------------------------

- Preliminary FY2022 revenue ~$547.7M (up from $89.6M in FY2021); DSA backlog $147.2M.
- Delay due to criminal probe and subpoenas regarding Cambodian NHP imports; company cooperating.
- Voluntarily halted US sales of Cambodian NHPs; ~$140M of FY2022 revenue from those imports.
- May need to request credit covenant waiver/amendment; filing Form 12b-25 for 10-K extension.
- Three potential scenarios: resumption of sales/imports, sales only, or neither; no timeframe.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720154/000110465922126069/0001104659-22-126069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720154/000110465922126069/tm2232443d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-126069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer