---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-099376"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:43:53.780834+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Phunware auditor Marcum resigns; CBIZ CPAs hired; material weaknesses in internal controls disclosed

## Summary
- Marcum resigned as auditor effective July 23, 2025, after CBIZ acquired its attest business.
- FY2024 and FY2023 audit reports were unqualified; no disagreements with Marcum.
- Material weaknesses: ineffective IT general controls and lack of segregation of duties due to cost cutting and turnover.
- Audit Committee approved resignation and engagement of CBIZ CPAs as new auditor for FY2025.
- Marcum provided letter agreeing with the disclosures in this Form 8-K.

## SEC filing metadata
- accession: 0000950170-25-099376
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000095017025099376/0000950170-25-099376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000095017025099376/phun-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-099376
- JSON: https://secwatch.observer/filing/0000950170-25-099376.json
- Plain text: https://secwatch.observer/filing/0000950170-25-099376.txt

## Key facts
- Auditor Changes
  Marcum LLP resigned as auditor of Phunware, Inc..
  - Action: resignation
  - Auditor: Marcum LLP
  source text: On July 23, 2025, Phunware, Inc. (the “Company”) was notified by Marcum that Marcum resigned as the Company’s independent registered public accounting firm as a result of such acquisition, and the Company’s Audit Committee approved such resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000095017025099376/0000950170-25-099376-index.htm
- Auditor Changes
  Phunware, Inc. engaged CBIZ CPAs P.C. as its auditor.
  - Action: engagement
  - Auditor: CBIZ CPAs P.C.
  source text: On July 23, 2025, with the approval of the Company’s Audit Committee, CBIZ CPAs was engaged as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000095017025099376/0000950170-25-099376-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.