CoreCard Corp

Overview

• IndustryServices-Prepackaged Software¹
• HeadquartersNorcross, Georgia¹
• Incorporated inGA²
• Business address4355 Shackleford Rd, Norcross, Ga 30093²
• Filer categoryNon-accelerated filer, Smaller reporting company²

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In addition to historical information, this Form 10-K may contain forward-looking statements relating to CoreCard Corporation ( “ CoreCard ” ). All statements, trend analyses and other information contained in the following discussion relative to markets for our products and trends in revenue, gross margins and anticipated expense levels, as well as other statements including words such as “ may ” , “ will ” , “ anticipate ” , “ believe ” , “ intend ” , “ plan ” , “ estimate ” , “ expect ” , ” strategy ” and “ likely ” , and other similar expressions constitute forward-looking statements. Prospective investors and current shareholders are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. A number of the fa…⁴ From its latest annual report

Corporate structure

CoreCard Corp sits at the top of its group. 5 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CoreCard Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Properties, in its own words

As of December 31, 2024, we had a lease covering approximately 27,000 square feet in Norcross, Georgia to house our product development, sales, service and administration operations for our U.S. operations. Our Norcross lease was renewed March 1, 2022 for a five-year term. Our Bogota, Colombia lease was signed in November 2021 for a five-year term covering approximately 4,300 square feet of office space. We lease approximately 2,900 square feet of office space in Dubai, United Arab Emirates. We also lease a small office in Timisoara, Romania. We own a 6,350 square foot office facility in Bhopal, India, to house the software development and testing activities of our non-U.S. subsidiaries. We lease approximately 12,000 square feet of additional office space in the same facility in Bhopal, India; and in June 2022 we leased an additional facility in Bhopal of approximately 12,500 square feet. We also lease approximately 5,500 square feet in Mumbai, India to house additional staff for our offshore software development activities. We believe our facilities are adequate for the foreseeable future.

Item 2 of the 10-K filed Feb 28, 2025.⁴

Leadership

Who has led CoreCard Corp, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerJ. Leland Strange Oct 10, 2008 to now¹³
• PresidentJ. Leland Strange Oct 28, 2019 to now¹⁴
• Chief financial officerMatthew A. White Jan 28, 2019 to now¹⁵
• Chief financial officerKaren J. Reynolds Jun 30, 2016 to Oct 17, 2018¹⁶
• Chief financial officerBonnie L. Herron Aug 19, 2009 to Aug 4, 2011¹⁷

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• CoreCard Colombia SAS Colombia³
• CoreCard SRL Romania³
• CoreCard Software DMCC United Arab Emirates³
• CoreCard Software India Pvt. Ltd. India³
• CoreCard Software, Inc. Delaware³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

• INTELLIGENT SYSTEMS CORPNov 14, 1996 to Dec 15, 2021²

Timeline

1. Oct 30, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights²⁸
2. Oct 28, 20258-K Shareholder vote; Other events²⁹
3. Sep 9, 20258-K Ended a material agreement; Executive or director change³⁰
4. Aug 14, 20258-K Results of operations³¹
5. Jul 31, 20258-K Entered a material agreement; Regulation FD disclosure³²
6. May 30, 20258-K Shareholder vote³³
7. May 8, 20258-K Results of operations³⁴
8. Mar 3, 20258-K Change of auditor³⁵
9. Feb 20, 20258-K Results of operations³⁶
10. Oct 31, 20248-K Change of auditor³⁷
11. Oct 31, 20248-K Results of operations³⁸
12. Oct 24, 20248-K Entered a material agreement³⁹
13. Oct 10, 2008New chief executive J. Leland Strange becomes CEO¹³

Calendar

When it reported results

1. Aug 14, 2025Reported quarterly or annual results³¹
2. May 8, 2025Reported quarterly or annual results³⁴
3. Feb 20, 2025Reported quarterly or annual results³⁶
4. Oct 31, 2024Reported quarterly or annual results³⁸
5. Aug 1, 2024Reported quarterly or annual results⁴⁰
6. May 2, 2024Reported quarterly or annual results⁴¹
7. Feb 14, 2024Reported quarterly or annual results⁴²
8. Nov 1, 2023Reported quarterly or annual results⁴³

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

129 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 33 major events, 44 insider forms, 15 large holders, 21 other. The latest 20:

1. Nov 18, 202515-12G EDGAR
2. Nov 18, 2025S-8 POS EDGAR
3. Nov 18, 2025S-8 POS EDGAR
4. Nov 18, 2025S-8 POS EDGAR
5. Nov 18, 2025S-8 POS EDGAR
6. Oct 31, 202525-NSE EDGAR
7. Oct 30, 20254 EDGAR
8. Oct 30, 20254 EDGAR
9. Oct 30, 20254 EDGAR
10. Oct 30, 20254 EDGAR
11. Oct 30, 20254 EDGAR
12. Oct 30, 20258-K EDGAR
13. Oct 28, 20258-K EDGAR
14. Sep 26, 2025DEFM14A EDGAR
15. Sep 9, 2025DEFA14A EDGAR
16. Sep 9, 20258-K EDGAR
17. Aug 14, 202510-Q EDGAR
18. Aug 14, 20258-K EDGAR
19. Jul 31, 2025DEFA14A EDGAR
20. Jul 31, 20258-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Jan 30, 2025⁴⁴
• Topline Capital Management, LLCSCHEDULE 13G/A, 2 filings Jan 24, 2025 to Jan 28, 2025⁴⁵
• WEITZ INVESTMENT MANAGEMENT, INC.SCHEDULE 13G, 4 filings Jan 14, 2022 to Jan 28, 2025⁴⁶
• BlackRockSC 13G/A, 4 filings Feb 1, 2022 to Jul 8, 2024⁴⁷
• Janus Henderson Group Ltd.SC 13G/A, 3 filings Feb 10, 2022 to Feb 12, 2024⁴⁸

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

SEC filer profile

How CoreCard Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARCoreCard Corp¹
• CIK0000320340
• Employer ID (EIN)58-1964787⁴
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company⁴
• Incorporated inGeorgia⁴
• Fiscal year endsDecember 31¹
• Industry code (SIC)7372 Services-Prepackaged Software¹
• SEC reviewing officeOffice of Technology, Division of Corporation Finance¹
• Business address4355 Shackleford Rd, Norcross, GA 30093¹
• Mailing address4355 Shackleford Road, Norcross, GA 30093¹
• Phone4043812900¹
• Shares outstanding7,792,382 as of Jul 31, 2025¹²
• Public float$85.0M as of Jun 30, 2024⁴
• AuditorNichols, Cauley and Associates, LLC, Atlanta, Georgia PCAOB ID 281; no auditor attestation of internal control over financial reporting⁴
• On EDGAR sinceMay 22, 1996¹
• Filings608 in all: 8-K (177), 4 (128), 10-Q (76), SC 13G/A (40), DEF 14A (29), 10-K (19), 10QSB (13), UPLOAD (13)¹
  All 46 form types

  5 (9), SC 13G (9), 3 (8), CORRESP (8), 10-K405 (6), S-8 (6), 10-K/A (5), 10KSB (4), DEFA14A (4), PRE 14A (4), S-8 POS (4), SC TO-I/A (4), 10-Q/A (3), ARS (3), NT 10-K (3), SD (3), 425 (2), 5/A (2), 8-K/A (2), S-1/A (2), SC 13D (2), SC TO-I (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 10-K405/A (1), 15-12G (1), 25 (1), 25-NSE (1), 8-A12B (1), CERT (1), DEFM14A (1), EFFECT (1), NT 10-Q (1), RW (1), S-1 (1), S-3 (1), S-3/A (1), SC TO-C (1)

• Latest filingsAnnual report (10-K) Feb 28, 2025
  Quarterly report (10-Q) Aug 14, 2025
  Proxy statement (DEF 14A) Apr 14, 2025
  Latest 8-K (8-K) Oct 30, 2025

Securities registered for trading

From the cover page of the 10-K filed Feb 28, 2025 (Section 12(b) of the Exchange Act).⁴

Risk factors and legal proceedings

Legal proceedings

From time to time, we may be involved in certain claims and litigation arising out of the ordinary course and conduct of business. Management assesses such claims and, if it considers that it is probable that an asset had been impaired or a liability had been incurred and the amount of loss can be reasonably estimated, provisions for loss are made based on management’s assessment of the most likely outcome. We are not currently a party to or aware of any proceedings that we believe will have, individually or in the aggregate, a material adverse effect on our business, financial condition, or results of operations.

The opening of Item 3, Legal Proceedings.⁴