CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Unusual Machines Inc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Unusual Machines Inc
4677 L B Mcleod Rd, Suite J
Phone: (407) 571-0912p:407 571-0912 ORLANDO, FL  32811  United States Ticker: UMACUMAC
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
Business Summary
Unusual Machines, Inc. is engaged in manufacturing and selling drone components and drones. The Company's products are sold across a diversified brand portfolio, including Fat Shark and Hypetrain Motors. The Company also retails small, acrobatic first-person-view (FPV) drones and equipment directly to consumers through the curated Rotor Riot e-commerce store. Fat Shark is engaged in designing and manufacturing ultra-low latency FPV video goggles for drone pilots, which it markets towards retail distributors including Rotor Riot. Rotor Riot is an e-commerce marketplace, backed by a community of FPV drone pilots and retails FPV drones and goggles, parts, tools, drone components, and accessories manufactured by third parties.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYes---

Industries
SIC Code Description
3721 Aircraft
3728 Aircraft parts and auxiliary equipment, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director AllanEvans 40 12/4/2023 12/4/2023
Chief Financial Officer BrianHoff 38 11/1/2022 11/1/2022
Chief Operating Officer AndrewCamden 33 3/4/2024 3/4/2024
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Rotor Riot LLC 4677 L B McLeod Rd Orlando FL United States

Business Names
Business Name
Fat Shark Holdings, Ltd
Fat Shark Holdings, Ltd.
Rotor Riot LLC
Rotor Riot, LLC
UMAC

General Information
Number of Employees: 14 (As of 3/21/2024)
Outstanding Shares: 6,184,983 (As of 8/8/2024)
Shareholders: 357
Stock Exchange: ASE
Federal Tax Id: 660927642


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Thursday, October 24, 2024