other material
confidence high
sentiment neutral
materiality 0.60
BioRestorative Therapies replaces auditor Marcum with CBIZ after Marcum attest business acquired
BioRestorative Therapies, Inc.
- Marcum LLP resigned as auditor on April 16, 2025; FY2024 and FY2023 reports unqualified except FY2024 includes going-concern paragraph.
- CBIZ CPAs P.C. appointed as new independent registered public accounting firm by Audit Committee on same date.
- No disagreements with Marcum on accounting principles or audit scope during past two fiscal years and subsequent interim.
- Material weaknesses in internal control over financial reporting persisted in FY2024 and FY2023, as previously disclosed.