<SEC-DOCUMENT>0000356037-11-000012.txt : 20111228
<SEC-HEADER>0000356037-11-000012.hdr.sgml : 20111228
<ACCEPTANCE-DATETIME>20111228160511
ACCESSION NUMBER:		0000356037-11-000012
CONFORMED SUBMISSION TYPE:	NT 10-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20111228
FILED AS OF DATE:		20111228
DATE AS OF CHANGE:		20111228
EFFECTIVENESS DATE:		20111228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSP INC /MA/
		CENTRAL INDEX KEY:			0000356037
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				042441294
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		NT 10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10843
		FILM NUMBER:		111284058

	BUSINESS ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
		BUSINESS PHONE:		9786637598

	MAIL ADDRESS:	
		STREET 1:		43 MANNING ROAD
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01821
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>form12byearend.htm
<DESCRIPTION>FORM 12B EXT FOR FISCAL YEAR 2011
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<TITLE>SECURITIES AND EXCHANGE COMMISSION </TITLE>
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<P>   UNITED STATES</P></DIR>
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<P>SECURITIES AND EXCHANGE COMMISSION</P><DIR>
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<P>WASHINGTON, DC 20549</P>
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<P>&nbsp;</P></DIR>
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<B><P ALIGN="CENTER">FORM 12b-25</P>
</B><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">SEC FILE NUMBER: 000-10843</P>

<B><P ALIGN="CENTER">NOTIFICATION OF LATE FILING</P>
</B>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>| <B>X</B>| Form 10-K | | Form 20-F | | Form 11-K  <B>|   | Form 10-Q</B>  | | Form N-SAR </P>

<P>For the period ended:  September 30, 2011 </P>

<P>| | Transition Report on Form 10-K </P>
<P>| | Transition Report on Form 20-F </P>
<P>| | Transition Report on Form 11-K </P>
<P>| | Transition Report on Form 10-Q </P>
<P>| | Transition Report on Form N-SAR </P>

<P>For the transition period ended: </P>

<P>Read attached Instruction Sheet Before Preparing Form. Please Print or Type. </P>

<P>Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. </P>

<P>If the notification related to a portion of the filing checked above, identify the item(s) to which notification relates: </P>

<P>Part I-Registrant Information </P>

<P>&nbsp;</P>
<B><P ALIGN="CENTER">CSP Inc.</P>
</B><P ALIGN="CENTER">Full name of Registrant</P>
<B><P ALIGN="CENTER"></P>
</B><P ALIGN="CENTER">Former name if Applicable</P>
<B><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">43 Manning Road</P>
</B><P ALIGN="CENTER">Address of Principal Executive Office (Street and Number)</P>
<B><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Billerica, MA   01821</P>
</B><P ALIGN="CENTER">City, State and Zip Code</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<B><P ALIGN="CENTER">Part II </P>
<P ALIGN="CENTER">Rule 12b-25(b) and (c)</P>
</B>
<P>If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to </P>
<P>Rule 12b-25(b), the following should be completed.(Check box if appropriate.) </P>

<P>(a) The reasons described in detail in Part III of this form could not be eliminated without unreasonable </P>
<P>     effort or expense;</P>
<P> </P>
<B><P>|X | (b)</B> The subject annual report, semi-annual report, transition report of Forms 10-K, 10-KSB, 20-F, 11-K or </P>
<P>            Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due </P>
<P>            date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion thereof will be </P>
<P>            f iled on or before the fifth calendar day following the prescribed due date; and<B> </P>
</B>
<P>(c)      The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</P>
<P> </P>
<B><P ALIGN="CENTER">Part III</P>
<P ALIGN="CENTER">Narrative</P>
</B>
<P>CSP Inc. was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the year ended September 30, 2011 (the &quot;Annual Report&quot;) by the December 29, 2011 filing date due to a delay we experienced in completing our financial statements and other related disclosures in the Annual Report.  As a result, our independent auditors have not completed their audit of our financial statements for the year ended September 30, 2011.&nbsp;&nbsp;The delay relates to a change in our accounting policy for revenue recognition with respect to certain third party service contracts, which we determined should be recorded on a &quot;net sales&quot; basis in accordance with the sales recognition criteria as required by U.S. Generally Accepted Accounting Principles.  We have determined that we are simply acting as an agent or broker with respect to this portion of our revenues.  Under net sales recognition, the cost to the third-party service provider or vendor is recorded as a reduction to sales resulting in net sales equal to the gross profit on the transaction.  Accordingly, there are no costs of goods sold.  This change does not affect net income.  We previously used the &quot;gross sales&quot; recognition method for the third party service contracts that we sell.  We need additional time to evaluate the effects of this change in our accounting policy.  We anticipate that we will file the Annual Report no later than the fifteenth calendar day following the prescribed filing date.</P>

<B><P ALIGN="CENTER">Part IV-Other Information</P>
</B>
<P> (1) Name and telephone number of person to contact in regard to this notification:</P>
<P> </P>
<P>(Name) (Area Code) (Telephone Number)</P>

<B><P ALIGN="CENTER">Gary W. Levine    978-663-7598   x1200</P>
</B>
<P> (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or </P>
<P>Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the </P>
<P>registrant was required to file such report(s) been filed? If the answer is no, identify report(s)</P>

<P>|<B>X</B>| Yes <B>| |</B> No </P>

<P>(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last </P>
<P>fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? </P>

<P>|<B>X|</B> Yes || No </P>

<P>We expect to report a significant reduction in sales and cost of sales for the year ended September 30, 2011, due to the change in accounting policy for revenue recognition for certain third party maintenance contracts which are now being recorded on a &quot;net sales&quot; basis.  There was no change in the net income for the year.</P>

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<B><P>CSP Inc</P>
<P>Name of Registrant as Specified in Charter</P>
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<P>Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. </P>

<B><P>Date: 12-28-11                                                          By:  /s/ <U>Gary W. Levine</P>
</B></U><P>&#9;&#9;&#9;&#9;&#9;            Name<B>:  Gary W. Levine</P>
</B></FONT><FONT FACE="Courier New" SIZE=2><FONT FACE="Courier New" SIZE=2><P>&#9;&#9;&#9;&#9;&#9;     </FONT></FONT><FONT SIZE=2>Title<B>:    Chief financial Officer</P>
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