so there's no telling why they shouldn't have been able to finish them on time
Don't assume the worst.
Yes, you're right. There's no telling. Completing a 10K is a time consuming, tedious process. If you're staffed lean and trying to save money where you can you try to do the work yourself instead of paying your accounting firm. Travel, sales, R&D can all get in the way. The K is one of the biggest accounting tasks of the year for any company.
Maybe they made a strategic decision to bundle the Q4:K and Q1:Q together and release them together for impact.
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