INTEGRAL TECHNOLOGIES INC Annual Report - How They Did This Year

This review covers Integral Technologies, Inc.'s performance for the fiscal year ending June 30, 2025.

A Big Red Flag: Reporting Issues Integral Technologies has not filed all the reports required by the SEC over the past year. This is a serious compliance issue. For investors, this means there might be a lack of transparency or significant operational challenges that are preventing them from meeting their regulatory obligations. While they have submitted interactive data files, the failure to file all required reports is a major concern.

Financial Health: Trouble with Debt The company appears to be facing significant financial challenges, particularly with its debt. Several promissory notes have gone into default. This means Integral Technologies hasn't been able to pay them back on time, and now these debts are "due on demand." This is a very risky situation, as lenders could demand immediate repayment, putting immense pressure on the company's cash flow.

• Notes defaulted as of August 23, 2024.
• Notes defaulted as of June 30, 2025.
• Notes defaulted as of June 30, 2024.
• Another note defaulted as of August 18, 2025.

The company has been trying to manage its debt, including converting some older debt into new promissory notes with entities like SBI Investments LLC and JMJ Financial. However, the fact that multiple notes are still defaulting suggests these efforts haven't fully resolved their financial strain.

Company Structure & Other Details Integral Technologies, Inc. was incorporated in Nevada on February 12, 1996. Its common stock has a par value of $0.001 per share. The company also has different types of preferred stock, specifically Series B and Series C.

There is a mention of an "Asset Purchase Agreement" with a company called "Pivotal," which might indicate some business dealings or restructuring. They also refer to segments like "Bring Reporting Current Segment" and "Pivotal Segment." The company is not considered a "well-known seasoned issuer."

What This Means for Investors: The most pressing concerns for Integral Technologies are its inability to meet SEC reporting requirements and the multiple defaulted debts. These are major indicators of financial instability and high risk. Investors should be very cautious and seek more information about how the company plans to address these critical issues.