Optimum Communications, Inc.
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
OPTU$0.75+32.1%Stored close · as of Nov 6, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-06.
0001702780-26-000048
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-06.
0001702780-26-000074
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 4 previous paragraphs and 14 current paragraphs.
2 unchanged; 2 reworded; 10 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (10)
Current report
We recently identified a material weakness in our internal control over financial reporting related to the accounting for income taxes. If we do not effectively remediate the material weakness or if we otherwise fail to maintain effective internal control over financial reporting, we may not be able to accurately report our financial results.
Current report
In connection with the restatement of certain of our previously issued financial statements, management identified a material weakness in our internal control over financial reporting related to the accounting for income taxes. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis. We did not design and maintain effective controls at a sufficient level of precision to identify and evaluate the deferred tax consequences of a non-routine impairment charge involving indefinite-lived cable franchise rights. The material weakness resulted from an insufficient depth of specialized tax expertise, lack of a formal tax consultation policy, and ineffective controls to identify and evaluate the deferred tax consequences of a non-routine matter.
Current report
See Item 4, "Controls and Procedures," in this Form 10-Q for additional information regarding the identified material weakness and our actions to date to remediate the material weakness.
Current report
If we do not effectively remediate the material weakness in a timely manner or if we otherwise fail to maintain effective internal control over financial reporting, we may not be able to accurately report our financial results.
Current report
If we cannot meet the NYSE continued listing requirements, the NYSE may delist our Class A common stock.
Current report
On August 13, 2026, we received a notice from the NYSE indicating that we were not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of our Class A common stock was less than $1.00 per share over a consecutive 30 trading-day period. We have a six-month period following receipt of the notice to regain compliance with the minimum share price requirement. There can be no assurance that we will regain compliance with the minimum share price requirement within the applicable cure period or that we will continue to satisfy the NYSE’s other continued listing standards. If we are unable to regain compliance within the applicable cure period, the NYSE may initiate procedures to suspend and delist our Class A common stock. The delisting of our Class A common stock from the NYSE could impact the trading price, liquidity and volatility of our Class A common stock, affect our ability to obtain new financing or refinance our existing obligations or result in a loss of confidence by our customers, business partners, stockholders or employees, each of which could adversely affect our business, financial condition and results of operations.
Current report
Set forth below is information related to share transactions for the quarter ended September 30, 2026.
Current report
(1) Excludes transaction costs associated with the tender offer.
Current report
In July 2026, in accordance with the terms and conditions of a tender offer (the "Tender Offer") by Optimum CSC, to purchase for cash shares of Class A common stock of Optimum Communications from unaffiliated stockholders at a purchase price of $2.50 per share, Optimum CSC acquired 120,000,000 shares for an aggregate purchase price of $300,000, excluding fees and expenses.
Reworded paragraphs (2)
Previous wording
As of the date of this report, we have significant near-term debt maturities, including $4,122,500 principal amount of debt maturing in April 2027 and $2,225,000 maturing in July 2027. We do not currently have sufficient cash on hand, projected future cash flows from operations or committed financing, or other definitive arrangements, to pay this amount at maturity. These conditions raise substantial doubt about our ability to continue as a going concern, as further discussed in Note 2 in the notes to our consolidated financial statements included in this Quarterly Report on Form 10-Q.
Current wording
As of the date of this report, we have significant near-term debt maturities, including approximately $4.1 billion principal amount of debt maturing in April 2027 and approximately $2.2 billion principal amount of debt maturing in July 2027. We do not currently have sufficient cash on hand, projected future cash flows from operations or committed financing, or other definitive arrangements, to pay these amounts at maturity. These conditions raise substantial doubt about our ability to continue as a going concern, as further discussed in Note 2 in the notes to our consolidated financial statements included in this Quarterly Report on Form 10-Q.
Previous wording
Our ability to address our future debt obligations will depend on our ability to refinance, restructure or otherwise extend the maturities of such indebtedness or to raise additional capital. While we are pursuing efforts in respect of these alternatives, there can be no assurance that we will be successful in obtaining such financing or completing a transaction on acceptable terms, on a timely basis or at all. Further, if we are unable to successfully raise additional capital, negotiate with debt holders to refinance, restructure or extend the maturities of our indebtedness, or otherwise secure adequate sources of liquidity, we may be forced to delay, curtail or discontinue certain operations or strategic initiatives.
Current wording
Our ability to address our future debt obligations will depend on our ability to restructure, refinance or otherwise extend the maturities of such indebtedness or to raise additional capital. While we are pursuing efforts in respect of these alternatives, there can be no assurance that we will be successful in obtaining such financing or completing a transaction on acceptable terms, on a timely basis or at all. Further, if we are unable to successfully raise additional capital, negotiate with debt holders to restructure, refinance or extend the maturities of our indebtedness, or otherwise secure adequate sources of liquidity, we may be forced to delay, curtail or discontinue certain operations or strategic initiatives.