Barrett Business Services Inc. (NASD: BBSI) received written notification from Nasdaq that the company is noncompliant with the filing requirements and its common stock is subject to suspension and delisting. The notification came after Barrett missed the May 9 deadline to file its Form 10-K for the period ended Dec. 31, 2015 and its Form 10-Q for the period ended Sept. 30, 2015.

Barrett will now request a hearing before the Nasdaq Hearings Panel, which will automatically stay any suspension or delisting action until June 1. At that time, the panel will notify the company as to whether its request for a stay of suspension or delisting action pending the hearing has been granted.

“Beyond our request for a hearing with Nasdaq, we continue to work with Moss Adams, our independent registered public accounting firm, to finish their audit of our 2015, 2014, and 2013 financial statements,” said Tom Carley, Barrett’s interim CFO. “We will file our 2015 10-K with the SEC as soon as it is complete.”

Barrett earlier this month acknowledged it would miss the deadline.

Barrett terminated CFO James Miller on March 3 after he informed the company’s audit and compliance committee that he made unsupported journal entries in the company’s financial records during each calendar quarter of 2013.