---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-053019"
form_type: "8-K"
ticker: null
cik: "0001798270"
company_name: "Assure Holdings Corp."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:37:34.667835+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Assure Holdings restates 2023 Q1-Q3 financials due to three accounting errors; material weakness continues

## Summary
- Board concludes unaudited Q1, Q2, Q3 2023 financials should no longer be relied upon; restatement planned.
- Errors: reversal of deferred tax liability, $144k stock-based compensation benefit, $381k revenue overstatement from insurance settlement.
- Cash position unchanged; internal control material weakness persists and is expected to be reported again.
- Restated financials will be included in the upcoming 10-K for the year ended December 31, 2023.
- Prior earnings releases and investor communications for the Non-Reliance Periods should not be relied upon.

## SEC filing metadata
- accession: 0001104659-24-053019
- form_type: 8-K
- cik: 0001798270
- company_name: Assure Holdings Corp.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798270/000110465924053019/0001104659-24-053019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798270/000110465924053019/tm2412683d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-053019
- JSON: https://secwatch.observer/filing/0001104659-24-053019.json
- Plain text: https://secwatch.observer/filing/0001104659-24-053019.txt

## Key facts
- Auditor Changes
  Assure Holdings Corp. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: WithumSmith+Brown, PC
  source text: he “Non-Reliance Periods”) should no longer be relied upon. In connection with the preparation of the Company's consolidated financial statements for the year ended December 31, 2023, management concluded the following: · As of January 1, 2023, the Company recognized a deferred tax liability related to book to tax timing differences associated with the accretion expense originated from the fair value calculation of the Company’s convertible notes. The recorded deferred tax liability was an error which was reversed as of and for the three months ended March 31, 2023, as of and for the three and six months ended June 30, 2023 and as of and for the three and nine months ended September 30, 2023. · During the second quarter of 2023, stock-based compensation benefit was not recorded related to forfeited stock options. In correction of the error in 2023, the Company recorded a stock-based comp
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798270/000110465924053019/0001104659-24-053019-index.htm

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