By  on March 18, 2014

American Apparel Inc. has missed the filing deadline for its annual report with the Securities and Exchange Commission as it struggles to fund its operations and pay interest on its debt.

The company notified the SEC Tuesday that it had missed the Monday deadline — 75 days after the end of its fiscal year on Dec. 31 — for its annual report, or Form 10-K, because it was focusing on putting together a plan to regain compliance with the listing standards of the NYSE MKT exchange. The exchange notified American Apparel that it needed to file a plan to regain compliance by Friday and make progress toward meeting the plan by April 15.

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