L.L. Knickerbocker Is Late With Audit

Collectibles distributor L.L. Knickerbocker Co. asked securities regulators Friday for a 10-day extension in filing its annual audited report for last year.

Knickerbocker, whose stock soared last summer when controversial trader Rafi M. Kahn began buying shares, had reported only a day earlier that it revised two of its prior quarterly earnings last year and lost $181,070 in the fourth quarter. The revisions and the loss were attributed to an increase in reserves. For the year, Knickerbocker earned $1.3 million.

The company, which markets dolls and other merchandise endorsed by such celebrities as Marie Osmond and Annette Funicello, hired the Deloitte & Touche accounting firm as auditors Jan. 29. “We got a late start on wrapping up our audit,” Anthony Shutts, the company’s chief financial officer, said.