In a filing with the Security and Exchange Commission yesterday, Eagle Broadband reported an estimated 31% drop in annual revenue and an estimated 43% wider net loss for its 2005 fiscal year, which ended Aug. 31.

The company’s $56 million net loss might have been only $28 million--a 28% improvement from 2004--if not for an estimated $28 million in expected impairment charges, including $24 million for “intangible” assets and $3.2 million for “fixed” assets, plus another $1.1 million non-cash impairment from the second quarter.

The filing notified the SEC that Eagle’s annual 10-K report would be delayed because the company did not receive a final analysis report from an outside appraiser on those impairments until Nov. 11.

In its filing yesterday, the company estimated about $8.6 million in revenue for fiscal 2005, down from $12.5 million the prior year.

It expects to file its audited annual report within 15 days.