{"filings":[{"id":115148,"accession_number":"0001213900-26-009497","cik":862668,"company_name":"ESCALON MEDICAL CORP","ticker":"ESMC","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["1.01","2.01","9.01"],"status":"ready","headline":"Escalon Medical sells AXIS software assets to Optos for $3M; receives first $1M milestone","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total purchase price $3M payable in three milestone installments; first $1M received at closing on Jan 23, 2026.","Pro forma gain on disposition of ~$2.8M; pro forma net income (common) of $1.3M for Q1 FY2026 and $1.7M for FY2025.","Disposition removes AXIS revenue and expenses; pro forma revenue declines $240k (Q1) and $832k (FY2025).","$25,000 was paid upon term sheet execution; transaction fees of $76k recorded."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.73,"calibrated_materiality_score":0.73,"market_cap_usd":1408912.4285714284,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166888,"accession_number":"0001213900-25-028990","cik":862668,"company_name":"ESCALON MEDICAL CORP","ticker":"ESMC","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Escalon Medical replaces auditor after Marcum resignation; prior reports flagged going concern and material weakness","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Marcum LLP resigned as independent auditor on April 2, 2025; CBIZ CPAs P.C. appointed same day.","No audit disagreements in fiscal 2023-2024; reports included going-concern explanatory paragraph.","Company disclosed material weakness in internal controls over inventory valuation in prior 10-Ks.","Marcum provided letter concurring with dismissal statement, filed as Exhibit 16."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1408912.4285714284,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345568,"accession_number":"0001213900-22-068665","cik":862668,"company_name":"ESCALON MEDICAL CORP","ticker":"ESMC","form_type":"8-K","filed_at":"2022-11-02T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Escalon Medical dismisses Friedman LLP, engages Marcum LLP as auditor; going concern noted","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board dismissed Friedman and engaged Marcum effective Oct 28, 2022, following Friedman's combination with Marcum.","No disagreements or reportable events occurred during the past two fiscal years or interim period through Oct 28, 2022.","Friedman's FY2021 and FY2022 reports included going concern qualification due to accumulated deficit, recurring losses, negative cash flows.","Friedman provided a letter concurring with the disclosures, filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1408912.4285714284,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}