6 unchanged sentences
Management ’ s Annual Report on Internal Control over Financial Reporting
−Removed: Management of Frequency Electronics is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act.
+Added: The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act.
The Company’s internal control system is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S.
9 unchanged sentences
Other Information
+Added: Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
+Added: Not applicable.
Directors, Executive Officers and Corporate Governance
36 unchanged sentences
Included in Part II of this report:
−Removed: Report of Independent Registered Public Accounting Firm
+Added: Report of Independent Registered Public Accounting Firm (BDO USA, LLP;
+Added: Melville, NY;
+Added: PCAOB ID# 243 )
Consolidated Balance Sheets
21 unchanged sentences
Description of Capital Stock
−Removed: Filed herewith
this Form 10-K
Description of Exhibit
−Removed: Employment agreement, dated as of March 17, 2008, between Registrant and Martin Bloch
Settlement Agreement dated as of September 13, 2016, by and among Registrant, Privet Fund LP, Privet Fund Management LLC, Ryan J.
12 unchanged sentences
Promissory Note, dated April 12, 2020, by and between Registrant and JPMorgan Chase Bank, N.A.
+Added: Settlement and Release Agreement, dated September 21, 2021, by and among Martin B.
+Added: Bloch, Tatiana Bloch, Anna Sophia Bloch, a minor, by her guardian Martin B.
+Added: Bloch, Anna Kochurova, Valery Kacharau, Jerry Bloch, Helen Bloch, Marlon Bishop, Chloe Bishop, Megan Wylie, the Company, the Compensation Committee of the Board of Directors of the Company, Dr.
+Added: Sloane, Richard Schwartz, Gen.
+Added: Lord, USAF (ret.), Jonathan Brolin, and Russell M.
List of Subsidiaries of Registrant
9 unchanged sentences
The following materials from the Frequency Electronics, Inc.
−Removed: Annual Report on Form 10-K for the fiscal year ended April 30, 2021 formatted in eXtensible Business Reporting Language (XBRL):
+Added: Annual Report on Form 10-K for the fiscal year ended April 30, 2022 formatted in Inline eXtensible Business Reporting Language (XBRL):
(i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations and Comprehensive Income (loss), (iii) Consolidated Statements of Cash Flows, (iv) Consolidated Statements of Changes in Stockholders’ Equity and (v) Notes to Consolidated Financial Statements
+Added: Cover Page Interaction Data File (formatted as inline XBRL and contained in Exhibit 101)
* Denoted compensatory plans or arrangements or management contracts
4 unchanged sentences
[Intentionally Omitted]
−Removed: Filed with the SEC as Exhibit 10.1 to a current report of Registrant on Form 8-K, File No.
−Removed: 1-08061, on May 4, 2018, which exhibit is incorporated herein by reference.
+Added: [Intentionally Omitted]
Filed with the SEC as Exhibit 3.3 to the annual report of Registrant on Form 10-K, File No.
35 unchanged sentences
1-8061, for the year ended April 30, 2020, which exhibit is incorporated herein by reference.
+Added: Filed with the SEC as Exhibit 4.2 to the annual report of the Registrant on Form 10-K, File No.
+Added: 1-8061, for the year ended April 30, 2021, which exhibit is incorporated herein by reference.
+Added: Filed with the SEC as Exhibit 10.1 to the quarterly report of the Registrant on Form 10-Q, File No.
+Added: 1-8061, for the quarter ended October 31, 2021, which exhibit is incorporated herein by reference.
Form 10-K Summary.
1 unchanged sentence
FREQUENCY ELECTRONICS, INC.
−Removed: /s/ Stanton Sloane
−Removed: Stanton Sloane
−Removed: President and CEO
+Added: /s/ Thomas McClelland
+Added: Thomas McClelland
+Added: Interim President and CEO and Chief Scientist
(Principal Executive Officer)
2 unchanged sentences
(Principal Financial and Accounting Officer)
−Removed: June 30, 2021
+Added: July 14, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:
4 unchanged sentences
Richard Schwartz
−Removed: /s/ Stanton D.
−Removed: Director, President and CEO
/s/ Russell M.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.