{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-045375","form_type":"8-K","ticker":null,"cik":"0000768216","company_name":"Coyni, Inc.","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.198234+00:00","generated_at":"2026-06-14T08:42:33.908051+00:00","sec_items":["4.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Logicquest restates Q1 2023 10-Q; board concludes non-reliance due to accounting errors","bullets":["Board determined Q1 2023 Form 10-Q should no longer be relied upon due to three errors.","Operating expenses understated by $28,558; stock-based comp overstated by $27,952.","Failed to properly classify and present a $39,423 related party balance.","Form 10-Q was filed without auditor MaloneBailey's knowledge; no review performed.","Company is preparing an amended Form 10-Q to be filed as soon as practicable."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-045375","json":"https://secwatch.observer/filing/0001213900-23-045375.json","markdown":"https://secwatch.observer/filing/0001213900-23-045375.md","text":"https://secwatch.observer/filing/0001213900-23-045375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768216/000121390023045375/0001213900-23-045375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768216/000121390023045375/ea179577-8k_logicquest.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:42:33.908051+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":"7b0608b123a9ffff8e0e8110d7aed3fd3e6b0ea5","claim":"Coyni, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On May 24, 2023, the Board of Directors and the management of the Company concluded that the Form 10-Q should no longer be relied upon","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/768216/000121390023045375/0001213900-23-045375-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"MaloneBailey, LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}