secwatch / observer
8-K filed May 8, 2023, 7:59 PM ET ticker MITK CIK 0000807863
other material confidence high sentiment negative materiality 0.85

MITEK SYSTEMS INC (MITK): auditor change — Mitek restates FY2022 quarterly financials; revenue recognition errors; material weaknesses identified

MITEK SYSTEMS INC

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

MITEK SYSTEMS INC reported that prior financial statements should not be relied upon.

Action
non reliance
Auditor
BDO USA LLP
Exact text from the filing
On May 5, 2023, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, after discussion with the Company’s independent registered public accounting firm, BDO USA LLP, (“BDO”), concluded that a restatement of the Company’s previously issued unaudited interim financial statements as of and for (i) the three and six months ended March 31, 2022 included in the Company’s Quarterly Report on Form 10-Q/A for the period ended March 31, 2022, filed with the Securities and Exchange Commission on October 28, 2022 (the “Q2 Form 10-Q/A”), and (ii) the three and nine months ended June 30, 2022 included in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2022, filed with the Securities and Exchange Commission on October 28, 2022 (the “Q3 Form 10-Q” and together with the Q2 Form 10-Q/A, the “Prior Quarterly Reports” and the fiscal periods covered t
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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MITEK SYSTEMS INC reported the year ended September 30, 2022 results: revenue $143.0 million to $144.0 million.

Period
the year ended September 30, 2022
Revenue
$143.0 million to $144.0 million
Result
preliminary results
Exact text from the filing
Based on currently available information, Mitek Systems, Inc. (the "Company", "we", "us", or "our"), estimates that revenue for the year ended September 30, 2022 will be in the range of $143.0 million to $144.0 million, compared to $119.8 million in the year ended September 30, 2021.
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6 auditor changes filed in the last 30 days. Browse all auditor changes →

MITEK SYSTEMS INC filing history →

Source: SEC EDGAR
accession 0000807863-23-000027
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