Unassociated Document
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
12b-25
Notification
of Late Filing
Commission
File Number 000-14247
NOTIFICATION
OF LATE FILING
(Check
One): [ ] Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X] Form 10-QSB [ ] Form
N-SAR
For
Period Ended: March 31, 2006
[
] Transition Report on Form 10-KSB
[
] 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
ATTACHED INSTRUCTION SHEET 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
ISORAY,
INC.
Full
name
of registrant
Former
name if applicable
350
Hills Street, Suite 106
Address
of principal executive office (Street
and Number)
Richland,
Washington 99354
City,
state and zip code
PART
II - RULE 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;
[X] (b) The
subject annual report, semi-annual report, transition report on Form 10-K,
20-F,
11-K, or Form N-SAR, or portion thereof will be filed on or before the 15th
calendar day following the prescribed due date; or the subject quarterly report
or 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.
PART
III - NARRATIVE
State
below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q, N-SAR
or
the transition report or portion thereof, could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
The
Registrant's Quarterly Report on Form 10-QSB for the period ended March 31,
2006
(the "Quarterly Report") could not be filed within the prescribed time period
since the Registrant’s management needs additional time to complete its review
of the included financial statements. As a result, the Quarterly Report,
including the financial statements and the notes thereto, has not yet been
finalized.
PART
IV - OTHER INFORMATION
(1)
Name
and
telephone number of person to contact in regard to this
notification
|
Michael
Dunlop
|
(509)
|
375-1202
|
|
(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 the 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.
ISORAY,
INC.
(Name
of
Registrant as Specified in Charter)
Has
caused this notification to be signed on its behalf by the undersigned thereunto
duly authorized.
|
Date
|
May
12, 2006
|
|
By
|
/s/
Michael Dunlop
|
| |
|
|
|
Michael
Dunlop, CFO
|