UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
AMENDMENT
NO. 1 TO FORM 10-KSB
|X| ANNUAL REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934
For the Fiscal Year Ended
December 31, 2002
or
|_| TRANSITION REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For
the transition period from _____________ to _____________
Commission
File Number 000-28381
VIRTRA
SYSTEMS, INC. (Exact name of Registrant as specified in
its Charter)
Texas
93-1207631
(State
or other jurisdiction of incorporation or organization)
(IRS
Employer Identification No.)
440 North
Center, Arlington, TX
76011
(Address
of principal executive offices)
(Zip
Code)
(817)
261-4269 (Registrant's telephone number, including area
code)
SECURITIES REGISTERED PURSUANT
TO SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934:
None
SECURITIES REGISTERED PURSUANT
TO SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934:
Common Stock, par value $.005
per share
Indicate by
check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation
S-K is not contained herein and will not be contained, to the best of
Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. YES |_| NO |X|
Indicate by
check mark whether the Registrant (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the Registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.
YES |X| NO |_|
The aggregate market value of the voting stock held by
non-affiliates of the Registrant at March 26, 2003 was approximately $1,726,550.
The number of shares of Registrant's Common Stock outstanding on March 26, 2003
was 38,091,448. Revenue for the most recent fiscal year was $2,280,484. The
registrant amends Item 13 to read as follows.
(b) We have not filed any reports on Form 8-K during
the last quarter of the period covered by this report.
Signatures
Pursuant to the requirements of Section 13 or 15(d) of
the Securities Act of 1934, the registrant has duly caused this amendment to be
signed on its behalf by the undersigned, thereunto duly
authorized.
VIRTRA SYSTEMS, INC.
(Registrant)
By: /s/ L. Kelly
Jones
L. Kelly Jones, chief
executive officer
Dated April 23,2003
Pursuant to the requirements
of the Securities Act of 1934, this amendment has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
Signature
Title
Date
/s/ L. Kelly
Jones
chief executive officer, chief financial officer and
director