UNITED STATES OMB APPROVAL
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FORM 12b-25 SEC FILE NUMBER
1-08964
NOTIFICATION OF LATE FILING CUSIP NUMBER
405752 10 6
(Check One): [X] Form 10-K [_] Form 20-F [_] Form 11-K
[ ] Form 10-Q [_] [ ] Form 10-D Form N-SAR [_] Form N-CSR
For Period Ended: March 31, 2007
[_] 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 (on back page) 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:
______________________________________________________________
PART I -- REGISTRANT INFORMATION
Halifax Corporation
Full Name of Registrant
Former Name If Applicable
5250 Cherokee Avenue
Address of Principal Executive Office (Street and Number)
Alexandria, VA 22312
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.) [X]
(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, Form 11-
K, Form N-SAR or Form N-CSR, or portion thereof,
will be filed on or before the fifteenth calendar
day following the prescribed due date; or the
subject quarterly report or transition report on
Form 10-Q, or subject distribution report on Form 10-
D, 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.
PART III -- NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-
D, N-SAR, N-CSR, or the transition report portion thereof, could not be
filed within the prescribed time period.
(Attach Extra Sheets if Needed)
Please see attached Exhibit A in response to this Part III.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Joseph Sciacca (703) 750-2400
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic 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?
[X] Yes [ ] 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.
Please see attached Exhibit B in response to this Part IV.
Halifax Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: July 2, 2007 By: /s/ Joseph Sciacca
Joseph Sciacca
Vice President Finance & Chief
Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath
the signature. If the statement is signed on behalf of the registrant
by an authorized representative (other than an executive officer),
evidence of the representative's authority to sign on behalf of the
registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (see 18 U.S.C. 1001).
EXHIBIT A
Halifax Corporation (the "Company") has determined that it is
unable to file its annual report on Form 10-K (the "Form 10-K") for the
fiscal year ended March 31, 2007 within the prescribed period because
the Company was unable to timely complete its year end financial
statements due to a delay in the extension of the Company's credit
facility, which was completed on June 29, 2007. The extension of the
credit facility did not occur sufficiently prior to the Form 10-K
filing deadline to permit the completion of the Company's audited
financial statements within the relevant Form 10-K filing period.
EXHIBIT B
The Company anticipates incurring a loss for the quarter and the
year ended March 31, 2007 due to losses associated with an equipment
roll out project, as well as two non-cash accounting charges which
included a fourth quarter charge of $500,000 for inventory obsolescence
and a $2.2 million charge providing for a 100% valuation reserve
against its deferred tax asset. For the year ended March 31, 2007, the
Company anticipates reporting a loss of approximately $2.8 million
compared to net income of approximately $1.5 million for the year ended
March 31, 2006.