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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
Charles & Colvard, Ltd. is a manufacture, market, and distributes Charles & Colvard Created Moissanite (moissanite) and finished jewelry featuring moissanite, including Forever One, moissanite gemstone brand. The Company also markets and distributes Caydia lab grown diamonds and finished jewelry featuring lab grown diamonds for sale in the worldwide fine jewelry market. The Company operates through two segments: Online Channels and Traditional. Its Online Channels segment, which encompasses its digital properties components, comprised of its charlesandcolvard.com and moissaniteoutlet.com Websites, e-commerce outlets, including marketplaces, drop-ship customers, and other e-commerce customers. Its Traditional segment, which consists of domestic and international distributors and brick-and-mortar retail customers. It offers gemstones and finished jewelry featuring its proprietary moissanite jewels and lab grown diamonds for sale in the worldwide fine jewelry market.
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