{"schema_version":"secwatch.filing_event.v1","accession":"0001239819-24-000054","form_type":"8-K","ticker":null,"cik":"0001239819","company_name":"LUNA INNOVATIONS INC","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.629312+00:00","generated_at":"2026-06-03T15:17:06.061402+00:00","sec_items":["4.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Luna Innovations restates 2022 annual and multiple interim financials on revenue recognition errors","bullets":["Restating FY2022 annual and all 2022 quarterly financials plus Q1 2023 due to improper revenue recognition.","Previously issued earnings releases and investor communications for those periods should not be relied upon.","Audit Committee identified material weaknesses in internal control; disclosure controls deemed ineffective as of each affected period.","Independent review ongoing; company cannot estimate when restated financials will be filed.","Ernst & Young audit report for 2022 annual financials is also no longer reliable."],"urls":{"canonical":"https://secwatch.observer/filing/0001239819-24-000054","json":"https://secwatch.observer/filing/0001239819-24-000054.json","markdown":"https://secwatch.observer/filing/0001239819-24-000054.md","text":"https://secwatch.observer/filing/0001239819-24-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1239819/000123981924000054/0001239819-24-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1239819/000123981924000054/luna-20240419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T15:17:06.061402+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":"64d1b9d51f9f12e5016944bcb0b98a83e04c2719","claim":"LUNA INNOVATIONS INC reported that prior financial statements should not be relied upon.","evidence_excerpt":"the report of Ernst & Young LLP included in the previously issued 2022 Annual Financial Statements 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/1239819/000123981924000054/0001239819-24-000054-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Ernst & Young LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}