other_material
confidence high
sentiment negative
materiality 0.55
Amesite dismisses auditor Turner Stone, appoints Novogradac; 2024 audit included going-concern note
Amesite Inc.
- Dismissed Turner, Stone & Company, L.L.P. on June 24, 2025; Audit Committee approved the termination.
- 2024 audit report contained a going-concern explanatory paragraph; no disagreements on accounting principles.
- Material weaknesses disclosed in Form 10-K/A: ineffective controls over journal entries, stock compensation, deferred revenue.
- Appointed Novogradac & Company LLP as new independent auditor effective June 24, 2025.
- No prior consultations with Novogradac on accounting or auditing matters.
item 4.01item 9.01