SEC filing in the context of "Broker-dealer"

A strip club (also known as a strip joint, striptease bar, peeler bar, gentlemen's club, among others) is a venue where strippers provide adult entertainment, predominantly in the form of striptease and other erotic dances including lap dances. Strip clubs typically adopt a nightclub or bar style, and can also adopt a theatre or cabaret-style. American-style strip clubs began to appear outside North America after World War II, arriving in Asia in the late 1980s and Europe in 1978, where they competed against the local English and French styles of striptease and erotic performances.

As of 2005, the size of the global strip club industry was estimated to be US$75 billion. In 2019, the size of the U.S. strip club industry was estimated to be US$8 billion, generating 19% of the total gross revenue in legal adult entertainment. SEC filings and state liquor control records available at that time indicated that there were at least 3,862 strip clubs in the United States, and since that time, the number of clubs in the U.S. has grown. Profitability of strip clubs, as with other service-oriented businesses, is largely driven by location and customer spending habits. The better appointed a club is, in terms of its quality of facilities, equipment, furniture, and other elements, the more likely customers are to encounter cover charges and fees for premium features such as VIP rooms.

A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders", which a company must send to its shareholders when it holds an annual meeting to elect directors (though some companies combine the annual report and the 10-K into one document). The 10-K includes information such as company history, organizational structure, executive compensation, equity, subsidiaries, and audited financial statements, among other information.

Companies with more than $10 million in assets and a class of equity securities that is held by more than 2000 owners must file annual and other periodic reports, regardless of whether the securities are publicly or privately traded. Up until March 16, 2009, smaller companies could use Form 10-KSB. If a shareholder requests a company's Form 10-K, the company must provide a copy. In addition, most large companies must disclose on Form 10-K whether the company makes its periodic and current reports available, free of charge, on its website. Form 10-K, as well as other SEC filings may be searched at the EDGAR database on the SEC's website. Academic researchers make this report metadata available as structured datasets in the Harvard Dataverse.