{"schema_version":"secwatch.filing_event.v1","accession":"0000899394-24-000003","form_type":"8-K","ticker":null,"cik":"0000899394","company_name":"HARBOR DIVERSIFIED, INC.","filed_at":"2024-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.226124+00:00","generated_at":"2026-06-04T05:38:37.806301+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Harbor Diversified restates $52.3M revenue misstatements; material weakness expected","bullets":["Audit committee determined prior 2022 annual and 2023 quarterly financials should not be relied upon due to accounting errors.","Revenue and interest income overstated by ~$52.3M from disputed amounts under United Airlines capacity purchase agreement.","February 2024 arbitration award denied both parties' claims; neither owes amounts claimed, triggering restatement.","Company expects to report a material weakness in internal control over financial reporting for the 2023 10-K.","Restatement adjustments expected to affect income tax provisions and balance sheet; cash and operations unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000899394-24-000003","json":"https://secwatch.observer/filing/0000899394-24-000003.json","markdown":"https://secwatch.observer/filing/0000899394-24-000003.md","text":"https://secwatch.observer/filing/0000899394-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/899394/000089939424000003/0000899394-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899394/000089939424000003/hrbr-20240329.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:38:37.806301+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"db7e1ccdd44a2413c91851d188cfa73907fb597c","claim":"HARBOR DIVERSIFIED, INC. reported that prior financial statements should not be relied upon.","evidence_excerpt":"the Company’s previously issued (i) consolidated financial statements and related disclosures as of and for the year ended December 31, 2022 contained in the Company’s Annual Report on Form 10-K, (ii) interim consolidated financial statements and related disclosures contained in the Quarterly Reports on Form 10-Q as of and for the first three quarters of the year ended December 31, 2022, and (iii) interim consolidated financial statements and related disclosures contained in the Quarterly Reports on Form 10-Q as of and for the first three quarters of the year ended December 31, 2023 (collectively, the “Non-Reliance Periods”) should no longer be relied upon due to misstatements contained in such financial statements, and that such financial statements should be restated.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/899394/000089939424000003/0000899394-24-000003-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}