{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-012075","form_type":"8-K","ticker":"LBRA","cik":"0001599407","company_name":"1847 Holdings LLC","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.760278+00:00","generated_at":"2026-06-06T04:50:55.594321+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"1847 Holdings to restate ICU Eyewear financials; impairment overstated by $3.6M","bullets":["Audit committee determined prior financials for ICU Eyewear (2022, 2021) should no longer be relied upon.","Impairment of a trademark intangible asset found to be overstated based on a third-party valuation.","Restatement will increase total assets by $642K and reduce net loss by $3.618M for year ended Dec 31, 2022.","Company will file an amendment to the Form 8-K/A originally filed April 27, 2023.","Discussed the matter with ICU's former auditor Frank, Rimerman + Co."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-012075","json":"https://secwatch.observer/filing/0001213900-24-012075.json","markdown":"https://secwatch.observer/filing/0001213900-24-012075.md","text":"https://secwatch.observer/filing/0001213900-24-012075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1599407/000121390024012075/0001213900-24-012075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1599407/000121390024012075/ea193213-8k_1847hold.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:50:55.594321+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":"22a2d3122ae2e6ec9065ad37526c04f56f3cacbb","claim":"1847 Holdings LLC reported that prior financial statements should not be relied upon.","evidence_excerpt":"On February 2, 2024, the Audit Committee of the Board of Directors of 1847 Holdings LLC (the “Company”), after discussions with the Company’s management, determined that the consolidated financial statements for the Company’s subsidiary ICU Eyewear Holdings, Inc. (“ICU”) for the years ended December 31, 2022 and 2021, filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K/A filed on April 27, 2023 should be restated and 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/1599407/000121390024012075/0001213900-24-012075-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}