0001140361-26-009032
SEC filingThis 10-K/A filing for Tandy Leather Factory, Inc. for fiscal year 2025 is an amendment filed solely to include the company's Executive Compensation Recovery Policy (Clawback Policy) as Exhibit 97.1. The amendment explicitly states it does not modify, amend, update any financial statements, disclosures, or other information contained in the original Form 10-K filed on February 25, 2026. The document provides no financial performance data, revenue figures, profit metrics, or segment information. The filing includes basic corporate information: the company is incorporated in Delaware, has its principal executive offices at 7602 SW LOOP 820 STE 101 Benbrook, Texas 76126, and its common stock (TLF) trades on the Nasdaq Capital Market. As of December 31, 2025, the aggregate market value of common stock held by non-affiliates was approximately $15,907,771, and as of February 19, 2026, there were 8,072,875 shares outstanding. The company is classified as a non-accelerated filer and smaller reporting company.
This 10-K/A filing contains no financial performance data, results of operations, or year-over-year comparisons. The document is explicitly an amendment filed solely to include the company's Executive Compensation Recovery Policy (Clawback Policy) as required by Rule 10D-1 under the Securities Exchange Act of 1934. The filing states: "This Amendment does not otherwise modify, amend or update any of the financial statements, disclosures or other information contained in the Original Form 10-K." Therefore, no financial results for fiscal year 2025 are presented in this amendment document.
No revenue data, segment breakdown, geographic mix, or growth drivers are disclosed in this amendment filing. The document contains only the explanatory note about the amendment purpose, corporate information, exhibits list, and certifications. The original Form 10-K filed on February 25, 2026, which would contain financial information, is not included in this amendment document.
No margin data, profitability metrics, gross margin, operating margin, or cost structure information is provided in this amendment filing. The document explicitly states it does not update any financial information from the original Form 10-K. Therefore, all margin and profitability analysis would require reference to the original filing, which is not included in this amendment.
No cash flow data, balance sheet information, debt levels, liquidity position, or free cash flow figures are disclosed in this amendment. The filing contains only basic corporate information: the company's address (7602 SW LOOP 820 STE 101 Benbrook, Texas 76126), telephone number (817-872-3200), state of incorporation (Delaware), IRS employer identification number (75-2543540), and stock exchange listing (Nasdaq Capital Market for TLF).
No management guidance, strategic priorities, or risk factors are discussed in this amendment filing. The document's sole purpose is to add the Clawback Policy as Exhibit 97.1. The filing does include some corporate governance information: the company has adopted a Code of Business Conduct and Ethics, maintains various compensation plans including the 2013 Restricted Stock Plan and 2023 Incentive Stock Plan, and has credit agreements and employment contracts referenced in the exhibits list. The company entered into a Purchase and Sale Agreement on December 6, 2024, and a Commercial Lease Agreement on January 28, 2025, as noted in the exhibits.