NATL — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Revision. In connection with the preparation of our second and third quarter 2025 financial statements, we identified misstatements in our previously-issued financial statements. Although not materially impacting any previously-reported periods, the misstatements resulted in immaterial misstatements…

• We are an industry-leading financial technology company providing self-directed banking solutions to a global customer base including financial institutions, merchants, manufacturers, retailers and consumers. We operate through three reportable segments: Self-Service Banking, Network and Telecommuni…

• During the first quarter, we continued to pursue our focus on customer service, leveraging AI-powered diagnostics, intelligent dispatch systems and fleet-level performance management to improve ATM availability. We experienced revenue growth in our Self-Service Banking segment, driven by increased h…

• We are exposed to macroeconomic factors such as interest rates, foreign currency fluctuations, geopolitical tensions and shifts in global trade policies. While the impact to our first quarter results was not material, we anticipate that a prolonged conflict with Iran could negatively impact our abil…

• On February 20, 2026, the U.S. Supreme Court ruled that certain tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”) were not valid, and on March 4, 2026, the Court of International Trade ruled that U.S. Customs and Border Protection (“CBP”) was required, subject to applic…

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• •Overview. This section contains background information on our company, summary of significant themes and events during the quarter as well as strategic initiatives and trends in order to provide context for management’s discussion and analysis of our financial condition and results of operations.

• •Results of operations. This section contains an analysis of our results of operations presented in the accompanying Condensed Consolidated Statements of Operations by comparing the results for the three and nine months ended September 30, 2025 to the results for the three and nine months ended Sept…

• •Financial condition, liquidity and capital resources. This section provides an analysis of our cash flows and a discussion of our contractual obligations at September 30, 2025.

• Revision. In connection with the preparation of our second and third quarter 2025 financial statements, we identified misstatements in our previously-issued financial statements. Although not materially impacting any previously-reported periods, the misstatements resulted in immaterial misstatements…

• Atleos is an industry-leading financial technology company providing self-directed banking solutions to a global customer base including financial institutions, merchants, manufacturers, retailers and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers …

Text added vs the prior filing · source: 10-Q · 2026-05-07

• The increase in pre-tax interest expense for the three months ended March 31, 2026 from a hypothetical 100 basis point increase in variable interest rates would be approximately $4 million.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• The increase in pre-tax interest expense for the three and nine months ended September 30, 2025 from a hypothetical 100 basis point increase in variable interest rates would be approximately $5 million and $13 million, respectively, including the impact from interest rate swap agreements on our vari…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• There were no changes in our internal control over financial reporting during the fiscal quarter ended March 31, 2026, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• Material Weakness in Internal Control over Financial Reporting

• In the course of preparing the Company’s unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2025, management identified a material weakness in internal control over financial reporting as described below.

• A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. T…

• •We did not design and maintain effective controls over contract cancellations and customer credits affecting the amount of revenue derived from subscription software arrangements and the related unbilled accounts receivable and contract liabilities reconciliations.

• This material weakness resulted in misstatements of and a revision to our consolidated financial statements for the years ended December 31, 2024, 2023 and 2022, as well as the condensed consolidated financial statements for the quarterly periods within fiscal years 2024 and 2023, and the quarterly …

Text added vs the prior filing · source: 10-Q · 2026-05-07

• In evaluating an investment in the Company’s common stock, investors should consider carefully, among other things, the risk factors discussed below and the risk factors previously disclosed in Part I, Item 1A of the Company’s 2025 Form 10-K, and the information contained in this Quarterly Report on…

• Atleos is expected to incur significant costs related to the Mergers. Atleos has incurred and expects to continue to incur certain non-recurring costs associated with the Mergers. These costs include legal, financial advisory, accounting, consulting and other advisory fees, severance/employee benefi…

• The Mergers will not be completed unless a number of conditions are satisfied or waived, including the approvals by Atleos stockholders and Brink’s shareholders of each party’s respective proposals.

• Specified conditions set forth in the Merger Agreement must be satisfied or waived to complete the Mergers. If the conditions are not satisfied or, subject to applicable law, waived, the Mergers will not occur or will be delayed and each of Atleos and Brink’s may lose some or all of the intended ben…

• Regulatory approvals may not be received, may take longer than expected or may impose conditions that are not presently anticipated or that could have an adverse effect on the combined company following the Mergers.