secwatch.observer — SEC 8-K summary
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Issuer:     ORASURE TECHNOLOGIES INC (OSUR)
CIK:        0001116463
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001116463-23-000028
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OraSure replaces KPMG with Grant Thornton as auditor; discloses material weakness
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- KPMG dismissed after 2023 audit completion; Grant Thornton appointed for FY2024, effective upon dismissal.
- No disagreements with KPMG on accounting principles; only reportable event is a material weakness in customer pricing/internal control over revenue recognition.
- Material weakness identified in Q3 2023; financial statements for nine months ended Sept 30, 2023 not misstated.
- KPMG authorized to respond to Grant Thornton inquiries regarding the material weakness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116463/000111646323000028/0001116463-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116463/000111646323000028/osur-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001116463-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer