NT 10-Q 1 dnt10q.htm NOTIFICATION OF LATE FILING Prepared by R.R. Donnelley Financial -- Notification of Late Filing



Washington, DC 20549


FORM 12b-25





(Check One):     ¨  Form 10-K     ¨  Form 20-F     ¨  Form 11-K     x  Form 10-Q     ¨  Form N-SAR


    For Period Ended: June 30, 2003                                                                     
    ¨  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 Instruction 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:             






Tarantella, Inc.


Full Name of Registrant



The Santa Cruz Operation, Inc.


Former Name if Applicable



425 Encinal St.


Address of Principal Executive Office (Street and Number)



Santa Cruz, CA 95060


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;
  (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 of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
  (c)   The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.





State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof, could not be filed within the prescribed time period.


On July 24, 2003, Tarantella announced that it had discovered isolated business practices in its North European territory that required the immediate termination of certain sales personnel in the region. On August 11, Tarantella further announced that it is working with its auditors to determine any corrections that may be required, which will result in the restatement of revenue in prior quarters in fiscal 2003 for a reduction of revenue of approximately $600,000 for the 6 months ended March 31, 2003. While Tarantella is unable to timely file its quarterly report on Form 10-Q for the current quarter ended June 30, 2003 without unreasonable cost or delay, it is working expeditiously to complete its investigation and file its results for the quarter ended June 30, 2003 as well as restatements of prior periods by August 19, 2003.





(1)   Name and telephone number of person to contact in regard to this notification


Jenny Twaddle






(Area Code)




(Telephone Number)


(2)   Have all other periodic reports 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 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?    ¨  Yes    x  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.



Tarantella, Inc.


             (Name of Registrant as Specified in Charter)


has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.


August 13, 2003



/s/ Jenny Twaddle


Jenny Twaddle, Vice President,

Corporate Controller