other material
confidence high
sentiment negative
materiality 0.50
TherapeuticsMD, Inc. (TXMD): auditor change — TherapeuticsMD dismisses Grant Thornton, engages BPB; prior reports had going concern note
TherapeuticsMD, Inc.
- Grant Thornton dismissed as independent auditor on July 7, 2023; Berkowitz Pollack Brant appointed.
- GT's reports for FY 2022 and 2021 included an explanatory paragraph on going concern uncertainty.
- No disagreements with GT on accounting principles or audit scope; no reportable events occurred.
- Audit change resulted from a request for proposal process.