UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended June 30, 2024 OR ☐ Transition report pursuant to Section 13 of 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 000-23329 Charles & Colvard, Ltd. (Exact name of registrant as specified in its charter) North Carolina 56-1928817 (State or other jurisdict ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 15, 2024 Charles & Colvard, Ltd. (Exact name of registrant as specified in its charter) North Carolina 56-1928817 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.) | --- | --- | |-------------|-------| | | | | | | | | | | | | | | | | | | | 000-23329 | ...

Notes that Purported Nomination of Director Candidates by a Riverstyx Principal Is Invalid and that the Nominations Will Not be Recognized RESEARCH TRIANGLE PARK, N.C., Oct. 7, 2024 /PRNewswire/ -- Charles & Colvard, Ltd. ("Charles & Colvard" or the "Company") (Nasdaq: CTHR) today commented on a letter sent to the Company's shareholders and released publicly by Riverstyx Capital Management, LLC ("Riverstyx"). The Company provided the following statement in response: On August 27, Charles & Colvard received ...

Operating expenses increased by 13% in the fiscal third quarter, primarily due to heightened sales and marketing efforts. Despite these investments, the anticipated revenue growth has not materialized, straining financial performance, as highlighted by the research report. Increased general and administrative expenses, including legal fees, have further impacted the company's profitability. Investments in e-commerce strategies, particularly enhancements to the moissaniteoutlet.com site, are expected to driv ...

About Charles & Colvard, Ltd. Forward-Looking Statements SOURCE Charles & Colvard, Ltd. RESEARCH TRIANGLE PARK, N.C., June 6, 2024 /PRNewswire/ -- Charles & Colvard, Ltd. (Nasdaq: CTHR) (the "Company"), a globally recognized fine jewelry company that specializes in moissanite and lab grown diamonds, announced today that it has regained compliance with Nasdaq's minimum bid price continued listing requirement. A letter from Nasdaq Listing Qualifications Department noted that as of May 31, 2024, the minimum bi ...

RESEARCH TRIANGLE PARK, N.C., May 23, 2024 /PRNewswire/ -- Charles & Colvard, Ltd. (Nasdaq: CTHR) (the "Company"), a globally recognized fine jewelry company that specializes in moissanite and lab grown diamonds, is pleased to announce an exclusive strategic alliance with the International Gemological Institute (IGI), introducing comprehensive grading reports for moissanite gemstones and jewelry. "Not all moissanite is created equal," says Don O'Connell, President and CEO of Charles & Colvard. "The new coll ...

Cost of Goods Sold The decrease in total cost of goods sold for the nine months ended March 31, 2024 compared to the same period in 2023 was also primarily driven by the decreased sales of finished goods and loose jewels during the nine months ended March 31, 2024 in both of our Online Channels segment and Traditional segment. We experienced lower demand in our Online Channels segment as a result of lower finished jewelry product demand during the nine month period despite the calendar year-end 2023 holiday ...

Charles & Colvard, Ltd. (NASDAQ:CTHR) Q3 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Don O'Connell - President & Chief Executive Officer Clint Pete - Chief Financial Officer Conference Call Participants Bruce Lindenman - Investor Ben Franklin - Riverstyx Capital Operator Good day, and welcome to the Charles & Colvard Third Quarter Fiscal Year 2024 Earnings Call and Webcast. All participants will be in a listen only mode. [Operator Instructions] This earnings call may contain fo ...

Forward Looking Statements 2 • CEO Q3 FY 2024 – Overview • Financial Summary – Q3 FY 2024 CEO Overview • Consumer confidence remains weak Positives • Consumer consciousness and ethical awareness continue to fuel interest in lab-grown gemstones and responsibly-sourced jewelry, as Forever OneTM moissanite and Caydia® lab-grown diamond revenues up * https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion https://www.kering.com/en/news/first-quarter-2024-revenue/ Q3 FY2024 Business Highlights c ...

Exhibit 99.1 CHARLES & COLVARD REPORTS THIRD QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS Conference Call with Accompanying Slide Presentation Scheduled Today at 4:30 PM ET FOR IMMEDIATE RELEASE RESEARCH TRIANGLE PARK, N.C. – May 2, 2024 – Charles & Colvard, Ltd. (Nasdaq: CTHR) (the "Company"), a globally recognized fine jewelry company that specializes in moissanite and lab grown diamonds, reported financial results for the third quarter ended March 31, 2024 ("Third Quarter Fiscal 2024"). Management Commenta ...