Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , DC 20549 FORM 10 - K ( Mark One ) [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31 , 2020 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from Utah ( State or other jurisdiction of incorporation or organization ) Commission File Number 001-36453 SUPERIOR DRILLING PRODUCTS , INC . ( Name of registrant as specified in its charter ) 1583 South 1700 East Vernal , Utah ( Address of Principal Executive Offices ) Issuer's Telephone Number : 435-789-0594 Securities Registered Pursuant to Section 12 ( b ) of the Exchange Act : to Trading Symbol ( s ) SDPI Title of each class : Common Stock , $ 0.001 par value Securities Registered Pursuant to Section 12 ( g ) of the Exchange Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . [ ] Yes [ X ] No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange . [ ] Yes [ X ] No Indicate by check mark whether the registrant ( 1 ) filed all reports required to be filed by Section 13 or 15 ( d ) of the Exchange Act during the past 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 . [ X ] Yes [ ] No 46-4341605 ( I.R.S. Employer Identification No. ) 84078 ( Zip Code ) Large accelerated filer [ [ ] Non - accelerated filer ( Do not check if a smaller reporting company ) [ Name of each exchange on which registered : NYSE American Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 229.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . [ X ] Yes [ ] No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , ” “ smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer [ ] Smaller reporting company [ X ] Emerging growth company [ ] If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . [ ] Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . [ ] Yes [ X ] No