An annual report, specifically the 10-K, is a comprehensive document that publicly traded companies in the United States must file with the Securities and Exchange Commission (SEC). It provides detailed information about a company's financial performance, including income statements, balance sheets, and cash flow statements. The 10-K also includes management's discussion and analysis, which offers insights into the company's operations and future outlook. The 10-K is typically filed within 60 to 90 days after the end of a company's fiscal year. It serves as a valuable resource for investors, analysts, and regulators to assess a company's financial health and business strategies. By reviewing the 10-K, stakeholders can make informed decisions regarding their investments and understand the company's position in the market.