
10K
A 10-K is a comprehensive annual report that publicly traded companies submit to the U.S. Securities and Exchange Commission (SEC). It provides detailed information about a company's financial performance, including income, expenses, assets, liabilities, and overall financial health. The report also covers business operations, risks, management discussion, and corporate governance. Investors use the 10-K to assess the company's stability and growth prospects before making investment decisions. It’s an essential tool for transparency, ensuring shareholders and the public have an in-depth understanding of the company's financial condition over the past year.