---
schema_version: "secwatch.filing_event.v1"
accession: "0001239819-25-000020"
form_type: "8-K"
ticker: null
cik: "0001239819"
company_name: "LUNA INNOVATIONS INC"
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:48:53.777182+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# EY resigns as LUNA auditor amid restatement, internal control weaknesses, and deregistration plan

## Summary
- Ernst & Young resigned effective Feb 14, 2025; Audit Committee accepted; no successor appointed yet.
- Restatement of 2022 financials due to revenue recognition errors; 2023 audit also incomplete.
- Material weaknesses in internal control over financial reporting remain unremediated.
- Company plans to deregister common stock under Section 12(b)/(g)/15(d) as it has fewer than 300 holders of record.
- EY cited concerns over European management conduct; company concluded no cause to terminate additional management.

## SEC filing metadata
- accession: 0001239819-25-000020
- form_type: 8-K
- cik: 0001239819
- company_name: LUNA INNOVATIONS INC
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1239819/000123981925000020/0001239819-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1239819/000123981925000020/luna-20250214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001239819-25-000020
- JSON: https://secwatch.observer/filing/0001239819-25-000020.json
- Plain text: https://secwatch.observer/filing/0001239819-25-000020.txt

## Key facts
- Auditor Changes
  Ernst & Young LLP resigned as auditor of LUNA INNOVATIONS INC.
  - Action: resignation
  - Auditor: Ernst & Young LLP
  source text: On February 14, 2025, Ernst & Young LLP (“EY”) informed the Audit Committee of the Board of Directors (the “Audit Committee”) of Luna Innovations Incorporated (the “Company”) that EY was resigning from the engagement to audit the Company’s consolidated financial statements for the year ended December 31, 2023 (the “2023 Audit”), effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1239819/000123981925000020/0001239819-25-000020-index.htm

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