UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
12b-25
Commission
File Number: 0-10683
Notification
of Late Filing
(Check
one): x
Form
10-KSB ¨
Form
20-F ¨
Form
11-K ¨
Form
10-QSB ¨
Form
10-D ¨
Form
N-SAR ¨
Form
N-CSR
For
Period
Ended: June
30, 2006
¨
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
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
Items(s) to which the notification relates:
Part
I - Registrant Information
Full
Name
of Registrant: Hydromer,
Inc.
Former
Name if Applicable:
Address
of principal executive Office (Street and number): 35
Industrial Parkway
City,
State and Zip Code: Branchburg,
NJ 08876
Part
II - Rules 12b-25(b) and (c)
If
the
subject report could not be filed without reasonable effort or expense and
the
registrant seeks relief pursuant to Rule 12b-25(b), the following should
be
completed. (Check appropriate box.)
x
(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-KSB,
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-QSB 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.
State
below in reasonable detail the reasons why Form 10-KSB, 11-K, 20-F, 10-QSB,
10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not
be
filed within the prescribed time period. (Attach extra sheets if
needed.)
The
registrant is unable to file its Annual Report (the “Annual Report”) on Form
10-KSB for its fiscal year ended June 30, 2006 by the prescribed date of
September 28, 2006 due to a delay with finalizing its audited results of
operations for such period as management was unable to obtain certain
information required for the completion of the audit in a timely manner.
The
registrant intends to file the Annual Report on or prior to the prescribed
extended date.
Part
IV - Other Information
(1)
|
Name
and telephone number of person to contact in regard to this
notification
|
|
Robert
Lee (908) 722-5000
|
|
(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 is 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.
|
|
|
|
For
the fiscal year ended June 30, 2006, the registrant will be reporting
a
net loss of $779,377 (or $0.17 per share) as compared with net
income of
$269,251 (or $0.06 per share) for the fiscal year ended June
30,
2005.
|
|
|
________________________________________Hydromer,
Inc_______________________________________
(Name
of
Registrant as specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto
duly authorized.
Date:
September
29, 2006
|
By:
/s/
Robert Y. Lee
|
|
Robert
Y.
Lee
|
|
Vice
President,
Chief Financial Officer
|