U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): |_| Form 10-K |_| Form 20-F |_| Form 11-K |X| Form 10-Q
|_| Form N-SAR
For Period ended: September 30, 2007
|_| 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: N/A
PART I - REGISTRANT INFORMATION
CyberDefender Corporation
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Full Name of Registrant
N/A
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Former Name if Applicable
617 West 7th Street, Suite 401
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Address of Principal Executive Office (Street and Number)
Los Angeles, California 90017
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City, State and Zip Code
PART II - RULES 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)
(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, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the fifteenth 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.
(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 the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed period.
There is currently a shortage of staff available to assist with the
preparation of the registrant's quarterly report.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Ivan Ivankovich 213 689-8631
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(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.
CyberDefender Corporation
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 15, 2007
/s/ Ivan Ivankovich
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Ivan Ivankovich, Chief Financial Officer
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).
CYBERDEFENDER CORPORATION
ATTACHMENT IV(3)
FORM 12b-25 FOR THE PERIOD ENDED SEPTEMBER 30, 2007
On November 20, 2006 the registrant stopped engaging in new sales of its
product, CyberDefender Anti-Spyware 2006, and began providing a suite of
Internet security products called CyberDefender Early Detection Center, which is
also provided as CyberDefender FREE 2.0. While the registrant was developing
CyberDefender Early Detection Center/CyberDefender FREE 2.0, it slowed down its
efforts in marketing its CyberDefender Anti-Spyware 2006 software so that it
could devote more of its financial resources to the development of its new
product. As a result, the registrant expects revenues to decline approximately
41%, from $3,161,237 for the nine months ended September 30, 2006 to
approximately $1,839,535 for the nine months ended September 30, 2007. Revenues
are also expected to decline approximately 34% during the three months ended
September 30, 2007, from $843,869 for the three months ended September 30, 2006
to approximately $544,956. The registrant expects its operating expenses to
decrease by approximately 18% during the nine months ended September 30, 2007,
to approximately $3,705,255 from $4,510,421 for the nine months ended September
30, 2006 and approximately 48% during the three months ended September 30, 2007,
to approximately $763,710 from $1,462,851 for the three months ended September
30, 2006.