true 0000717720

 0000717720

 2023-05-01
 2024-04-30

 0000717720

 2023-10-31

 0000717720

 2024-06-30

 --04-302024FY

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K/A

 (Amendment No. 1)

 (Mark One)

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended April 30, 2024

 or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from _____________________________________ to __________________________________

 Commission file number: 0-11306

 VALUE LINE, INC.

 (Exact name of registrant as specified in its charter)

 New York

 13-3139843

 (State or other jurisdiction of incorporation or organization)

 (I.R.S. Employer Identification No.)

 551 Fifth Avenue, New York, New York

 10176-0001

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code ( 212) 907-1500

 Securities registered pursuant to Section 12(b) of the Act:

 Title of each class

 Trading symbol

 Name of each Exchange on which registered

 Common stock, $0.10 par value per share

 VALU

 The Nasdaq Capital Market

 Securities registered pursuant to Section 12 (g) of the Act: None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulations S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definition of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one):

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark whether the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes No

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. Yes No

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recover analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No

 The aggregate market value of the registrant's voting and non-voting common stock held by non-affiliates at October 31, 2023 was $ 32,483,588.

 There were 9,418,839 shares of the registrant's Common Stock outstanding at June 30, 2024.

 Auditor Name

 Auditor Firm ID

 Auditor Location

 Horowitz & Ullmann, P.C.

 PCAOB ID No. 921

 New York, NY

 DOCUMENTS INCORPORATED BY REFERENCE

 Portions of the registrant's Proxy Statement relating to the registrant's 2024 Annual Meeting of Shareholders, to be held on

 October 08, 2024, are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated.

 EXPLANATORY NOTE

 On July 26, 2024, Value Line, Inc. (the "Company") filed its Annual Report on Form 10-K (the "Original Form 10-K") for the fiscal year ended April 30, 2024 with the Securities and Exchange Commission ("SEC"). The purpose of this Amendment No. 1 (the "Amendment") to the Original Form 10-K is to include Part I Item 1C, Cybersecurity, which was inadvertently omitted in the Original Form 10-K.

 No other items of the Original Form 10-K are being amended and this Amendment does not reflect any events occurring after the filing of the Original Form 10-K. Accordingly, the Amendment should be read in conjunction with the Original Form 10-K and the Company's other filings made with the SEC subsequent to the filing of the Original Form 10-K.

 Item 1C. Cybersecurity

 We believe that information security is a critical component of our business strategy. Therefore, we maintain and continuously assess and strengthen our cyber security program.

 Management is responsible for the day-to-day administration of the Company's risk exposures and has adopted a risk management framework including identification, analysis and response to risks affecting our business. The Company has established a committee of senior leaders which is chaired by the Company's Executive Director of Information Technology.

 We regularly engage third-party services to conduct evaluations of our security controls, which can include penetration testing, independent audits, or consulting on best practices to address new challenges. These evaluations include testing both the design and effectiveness of security controls.

 We rely on third-party service providers for a variety of services to run our information systems. Cybersecurity risks are evaluated when determining the selection and oversight of applicable third-party service providers. A cyber-attack at a third-party service provider could have a significant impact on our business, and we continuously monitor the risks associated with our service providers.

 The Audit Committee has responsibility for the oversight of the Company's risk management program, including technology and cybersecurity risks facing the Company. The audit committee receives briefings from management and the executive director of information technology about cybersecurity risk management and the overall technology and cybersecurity environment.

 We believe that currently we have not encountered a cybersecurity event that has had a material impact on our business. See Item 1A. "Risk Factors" for a discussion of our cybersecurity risks.

 Item 15. Exhibits and Financial Statements Schedules.

 (b)

 Exhibits

 The exhibits listed in the Exhibit Index below are filed or incorporated by reference as part of this Amendment No. 1 report.

 31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

 31.2 Certification of Principal Financial Officer and Principal Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

 * Filed herewith.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized.

 Value Line, Inc.

 By: /s/ Howard A. Brecher

 ________________________________________

 Howard A. Brecher

 Chief Executive Officer

 (Principal Executive Officer)

 By: /s/ Stephen R. Anastasio

 _______________________________________

 Stephen R. Anastasio

 Vice President & Treasurer

 (Principal Financial Officer)

 Date: October 8, 2024


true 0001715819

 0001715819

 2023-01-01
 2023-12-31

 0001715819

 2023-12-31

 0001715819

 2024-04-15

 --12-31FY2023

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K/A

 (Mark One)

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the Fiscal Year Ended December 31, 2023

 Or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the Transition Period From to

 Commission File Number 000-56192

 ELECTROMEDICAL TECHNOLOGIES, INC.

 (Exact name of registrant as specified in its charter)

 Delaware

 (State or Other Jurisdiction of

 Incorporation)

 5047

 (Primary Standard Industrial

 Classification Code Number)

 82-2619815

 (I.R.S. Employer

 Identification No.)

 16561 N. 92 nd Street, Ste. 101

 Scottsdale, AZ

 85260

 (Address of principal executive offices)

 (Zip Code)

 ( 888) 880-7888

 (Registrant's telephone number, including area code)

 Securities Registered pursuant to Section 12(g) of the Act

 Title of Each Class

 Trading Symbol(s)

 Name of each Exchange on which Registered

 Common Stock

 EMED

 None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K ((§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No

 The aggregate market value of common equity held by non-affiliates of the Registrant as of December 31, 2023 was approximately $ 1,328,492.

 As at both December 31, 2023, and April 15, 2024, 2023, 463,286,208 and 486,482,757 shares of common stock, par value $0.00001, were issued and outstanding.

 Documents incorporated by reference:

 None.

 Auditor Name

 Auditor Location

 Auditor Firm ID

 Dbb mckennon

 San Diego, CA

 3501

 EXPLANATORY NOTE

 Electromedical Technologies, Inc. is filing this Amendment No. 1 (the "Amendment") to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as filed with the Securities and Exchange Commission (the "SEC") on May 1, 2024 (the "Original Filing"), solely to correct a errorS in Exhibits 31.1 and 31.2. The certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, which were initially filed as Exhibits 31.1 and 31.2, did not include the introductory language in paragraph 4 referring to internal control over financial reporting, as well as paragraph 4(b), as required by Item 601(b)(31) of Regulation S-K.

 This Amendment is being filed solely to provide revised certifications that include the required language. The revised certifications are filed as Exhibits 31.1 and 31.2 to this Amendment. Except for the changes in Exhibits 31.1 and 31.2 described above, no other changes have been made to the Original Filing. This Amendment does not reflect events occurring after the Original Filing and does not modify or update the disclosures therein in any way.

 Exhibit No.

 Description of Exhibit

 Location

 31.1/A

 Amended Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and 15d-14(a).

 Filed herewith.

 31.2/A

 Amended Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and 15d-14(a).

 Filed herewith.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date: October 15, 2024

 By:

 /s/Matthew Wolfson

 Matthew Wolfson

 Chief Executive Officer, Chief

 Financial Officer