---
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"
generated_at: "2026-06-03T15:17:06.061402+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Luna Innovations restates 2022 annual and multiple interim financials on revenue recognition errors

## Summary
- 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.

## SEC filing metadata
- accession: 0001239819-24-000054
- form_type: 8-K
- cik: 0001239819
- company_name: LUNA INNOVATIONS INC
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001239819-24-000054
- JSON: https://secwatch.observer/filing/0001239819-24-000054.json
- Plain text: https://secwatch.observer/filing/0001239819-24-000054.txt

## Key facts
- Auditor Changes
  LUNA INNOVATIONS INC reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Ernst & Young LLP
  source text: the report of Ernst & Young LLP included in the previously issued 2022 Annual Financial Statements should no longer be relied upon
  evidence_url: https://www.sec.gov/Archives/edgar/data/1239819/000123981924000054/0001239819-24-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.