UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): April 15, 2004 ----------------- Digital Recorders, Inc. ------------------------------------------------------ (Exact Name of Registrant as Specified in Its Charter) North Carolina 1-13408 56-1362926 (State or Other Jurisdiction of (Commission File Number) (IRS Employer Incorporation) Identification No.) 5949 Sherry Lane, Suite 1050, Dallas, Texas 75225 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code (214) 378-8992 Item 12. Results of Operations and Financial Condition On April 15, 2004, Digital Recorders, Inc. (the "Company") announced in a press release the Company's results for fourth quarter 2003 and fiscal year 2003. Additionally, the Company provided comments on recent trading activity in its common stock. The Company also announced in the press release that it has filed an amendment to its Form 10-K for the fiscal year ended December 31, 2003. The amendment includes the Company's financial statements for the year ended December 31, 2003 and related disclosures. The financial statements and related disclosures were not included in the Company's Form 10-K filed with the Securities and Exchange Commission on March 30, 2004, pursuant to an extension requested under Rule 12b-25. The amendment to the Company's Form 10-K amends and restates the Company's 2003 Form 10-K in its entirety. A copy of the Company's press release is attached hereto as Exhibit 99.1. This Form 8-K and the attached exhibit are furnished to, but not filed with, the Securities and Exchange Commission. Signature(s) Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DIGITAL RECORDERS, INC. Date: April 15, 2004 By: /s/ DAVID L. TURNEY ------------------------------------------------ David L. Turney Chairman, Chief Executive Officer, and President