----------------------------- UNITED STATES OMB APPROVAL SECURITIES AND EXCHANGE COMMISSION ----------------------------- Washington, D.C. 20549 OMB Number: 3235-0058 Expires: December 31, 2001 Estimated average burden FORM 12b-25 hours per response ..... 2.50 ----------------------------- ----------------------------- NOTIFICATION OF LATE FILING SEC FILE NUMBER 000-22848 ----------------------------- ----------------------------- CUSIP NUMBER 919899 ----------------------------- (Check One): [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-QSB [ ] Form N-SAR For Quarter Ended: December 31, 2000 [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: __________________________________________ Read attached instruction sheet before preparing form. Please print or type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates: Not Applicable PART I REGISTRANT INFORMATION U.S. Wireless Data, Inc. ________________________________________________________________________________ Full name of registrant N/A ________________________________________________________________________________ Former name if applicable 750 Lexington Avenue ________________________________________________________________________________ Address of principal executive office (Street and number) New York, New York 10022 ________________________________________________________________________________ City, state and zip code PART II RULE 12b-25(b) AND (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.) [X] | (a) The reasons described in reasonable detail in Part III of this | form could not be eliminated without unreasonable effort or | expense; | [X] | (b) The subject annual report, semi-annual report, transition report | on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will | be filed on or before the 15th calendar day following the | prescribed due date; or the subject quarterly report or | transition report on Form 10-Q, or portion thereof will be filed | on or before the fifth calendar day following the prescribed due | date; and | [ ] | (c) The accountant's statement or other exhibit required by Rule | 12b-25(c) has been attached if applicable. PART III NARRATIVE State below in reasonable detail why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.) The Registrant is unable to file its December 31, 2000 Quarterly Report on Form 10-QSB on or before February 14, 2001 without unreasonable effort or expense, because the Registrant does not have all the information necessary to complete the preparation of the Form 10-QSB. PART IV OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Rick J. DeVincenzo (212) 750-7766 --------------------------------------------------------------------------- (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [X] Yes [ ] No (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X] Yes [ ] No If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Registrant's results for the quarter ended December 31, 2000 reflected revenues of $333,000 and a net loss of $(3,547,000) compared to revenues of $124,000 and a net loss of $(1,914,000) for the quarter ended December 31, 1999. A significant portion of the loss was generated by items that were not included in the three months ended December 31, 1999. These costs are as follows; (1) the inclusion of cost of sales and operating expenses for the acquisition of Cellgate Technologies, LLC on November 16, 2000 and NXT Corporation, on December 21, 2000; (2) a significant increase in placing terminals in order to generate market share and the corresponding costs of providing these services which are generally incurred prior to the actual generation of the monthly recurring revenues; (3) noncash expense for stock based compensation for the board of directors that was not incurred in the prior period of $370, 000; (4) hiring of additional engineering and programming personnel to support and maintain the increase in SYNASPE activations; (5) inclusion of costs of leases related to the Cellgate acquisition for financing of equipment inventory. More details will be provided when the 10Q/SB is filed. U.S. Wireless Data, Inc. - -------------------------------------------------------------------------------- (Name of Registrant as Specified in Charter) Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date February 14, 2001 By /s/ Dean M. Leavitt ------------------- --------------------------------------------- Dean M. Leavitt President INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form. ATTENTION Intentional misstatements or omissions of fact constitute Federal Criminal Violations (see 18 U.S.C. 1001).
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NT 10-Q Filing
StarVox Communications (USWE) Inactive NT 10-QNotice of late quarterly filing
Filed: 14 Feb 01, 12:00am