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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
3/31/202412/31/2023YesYes---

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.
Rotor Riot LLC
UMAC
UMAC IP Holdings Corp.

General Information
Number of Employees: 14 (As of 3/21/2024)
Outstanding Shares: 9,333,341 (As of 5/15/2024)
Shareholders: 357
Stock Exchange: ASE
Federal Tax Id: 660927642


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Tuesday, July 16, 2024