other material
confidence high
sentiment negative
materiality 0.65
Electromedical Technologies auditor declines reelection; going concern noted; Hudgens appointed
Electromedical Technologies, Inc
- dbbmckennon declined to stand for reelection as independent auditor on May 17, 2024; no disagreements or reportable events.
- Hudgens, CPA, PLLC engaged as new principal accountant to audit financial statements.
- Prior auditor reports included a going concern explanatory paragraph due to recurring losses and working capital deficit.
- No consultations occurred between the company and Hudgens on accounting principles or audit opinions before engagement.