Summary
Axon Enterprise, Inc. (formerly TASER International, Inc.) filed an 8-K on May 4, 2016, to report its first quarter 2016 financial results. The filing primarily disseminates a press release and supporting financial and operational data. Investors should note that the information furnished under Item 2.02 is not considered "filed" for purposes of Section 18 of the Securities Exchange Act, meaning it doesn't carry the same legal implications regarding accuracy.
Key Highlights
- 1The company, then known as TASER International, Inc., announced its Q1 2016 financial results on May 4, 2016.
- 2The 8-K filing includes a press release (Exhibit 99.1) containing the detailed financial results.
- 3Accompanying the press release are unaudited condensed consolidated statements of operations, segment reporting, balance sheets, selected cash flow information, statistical measures, and GAAP to non-GAAP reconciliations.
- 4Additional unaudited operating metrics for Q1 2016 are also provided as Exhibit 99.2.
- 5This filing serves to make these Q1 2016 results publicly available through the SEC's reporting mechanism.
- 6The company's name was TASER International, Inc. at the time of this filing, prior to its rebranding to Axon Enterprise, Inc.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially report and disseminate Axon Enterprise, Inc.'s (then TASER International, Inc.) financial results for the first quarter of 2016 to the public and the SEC.
The detailed financial results, including the press release, unaudited financial statements, and operating metrics for Q1 2016, are attached as Exhibits 99.1 and 99.2 to this 8-K filing.
No, the information furnished under Item 2.02 of this 8-K is being provided for informational purposes and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. This means the company is not subject to the same liabilities for any inaccuracies in this specific information as it would be for formally filed reports.
At the time of this filing on May 4, 2016, the company's name was TASER International, Inc. It has since been rebranded as Axon Enterprise, Inc.