{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-004811","form_type":"8-K","ticker":"CRMT","cik":"0000799850","company_name":"AMERICAS CARMART INC","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.407495+00:00","generated_at":"2026-05-17T23:21:17.860420+00:00","sec_items":["4.02","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"America's Car-Mart restates reliance on prior financials due to omitted loan-mod disclosures; 10-K delayed","bullets":["Non-reliance on financials for FY2024 and each FY2025 quarter through Jan 31, 2025 – missing ASC 310-10-50 loan-modification footnote disclosures.","Company expects to report one or more material weaknesses in internal control over financial reporting in the upcoming 10-K.","No change to previously reported earnings, balance sheet, cash flows, or equity – only footnote omissions.","10-K for FY ended Apr 30, 2025 not filed within extension expiring July 29, 2025; no new filing date given.","Expects Nasdaq notice for non-compliance with Listing Rule 5250(c)(1); no immediate impact on trading."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-004811","json":"https://secwatch.observer/filing/0001171843-25-004811.json","markdown":"https://secwatch.observer/filing/0001171843-25-004811.md","text":"https://secwatch.observer/filing/0001171843-25-004811.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799850/000117184325004811/0001171843-25-004811-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799850/000117184325004811/f8k_073025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:21:17.860420+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a86548acd5479bf73bef70c34d7b3b8eae9e4560","claim":"AMERICAS CARMART INC reported that prior financial statements should not be relied upon.","evidence_excerpt":"(the “Company”) concluded that certain previously issued financial statements should no longer be relied upon because of omissions in footnote disclosure related to loan modifications made to borrowers experiencing financial difficulty. The Company does not expect these disclosure additions to result in any material impact on the Company's Consolidated Statements of Earnings, Consolidated Balance Sheets, Consolidated Statements of Cash Flow, or Consolidated Statements of Shareholders' Equity. The Company is working to complete the necessary disclosures as soon as reasonably practicable. As previously disclosed in the Company's Form 12b-25 filed on July 15, 2025, management identified the need to include disclosures related to loan modifications for borrowers experiencing financial difficulty, in accordance with Financial Accounting Standards Board Accounting Standards Codification (\"ASC\"","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184325004811/0001171843-25-004811-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Grant Thornton LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}