Quik filled its 10-K for the year ended October 31, 2015 on January 27th. Meanwhile, as you probably know, the bankruptcy court has confirmed the company’s reorganization plan and it may be out of bankruptcy by the time you read this.
Doing my usual detailed review of the year doesn’t seem all that productive as the post-bankruptcy Quik will have such a different structure than the company that filed. Still, I want to highlight a few numbers and trends. I’ll also summarize very briefly the terms under which Quik is coming out of bankruptcy and comment on where they go from here.