5.01 The statement of stockholders' equity ends with a footnote rule and a stray full stop but no footnote
Company F · a US-listed networking equipment company · Drafting slip
In brief
Below the closing balance of the statement of stockholders' equity the page prints a footnote separator line followed by a lone full stop, with no footnote text. The prior-year statement used that line for its stock-split footnote; the footnote was removed this year but the separator was left behind.
The evidence, as filed
What the filing shows, and what the rule requires
| What the filing shows | What the rule requires |
|---|---|
A footnote separator line and a stray full stop under the statement, with no footnote and no footnote marker in the table. | Remove the separator line and the full stop. |
Why it matters
Cosmetic only; the page looks unfinished in the filed statements.
Exposure
No consequence beyond presentation.
Our workings
the equity statement on p.71 ends with a separator line and a single full stop before the standard sentence that the notes are an integral part of the statements; no column heading or line in the table carries a footnote marker. In the prior-year Form 10-K the same line introduced the footnote explaining that prior-period share figures were adjusted for the stock split.
the footnote was deleted when it was no longer needed, and the separator and its punctuation were left in the filed document. No figure is affected.
Management’s best defense, and our reply
The line and the full stop are layout residue that no reader would act on, and every figure on the page is correct. The answer: that is why the point is only a drafting slip, recorded so it is cleared in the next filing.
The fix
- Delete the separator line and the stray full stop under the statement of stockholders' equity.
Evidence relied on
| # | What it shows | Type | Where |
|---|---|---|---|
| 1 | Separator line followed by a lone full stop under the closing balance, with no footnote text | Document | Form 10-K 2025, page 71 |
| 2 | In the prior year the same separator introduced the stock-split footnote | Document | Form 10-K 2024 (prior year), page 77 |
Prepared by Pramanex from the company’s public SEC filings, without the company’s involvement, to show how a 10-K Pre-filing Check reads. The company is not named, and nothing on this page is a statement about any identifiable company. Observations are not an audit, review or other attestation or assurance engagement, and not legal advice. An SEC-style question is a question, not a conclusion.
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