BIO-key replaces auditor Marcum with Bush & Associates after material weakness and restatement

BIO KEY INTERNATIONAL INC

Dismissed Marcum LLP as independent auditor on April 23, 2024; engaged Bush & Associates CPA on April 24, 2024.
Marcum's 2022 audit report included a going concern qualification; material weakness in internal control over income tax provision reported.
Company restated Q1-Q3 2023 financials per April 22, 2024 8-K; those periods should no longer be relied upon.
No disagreements with Marcum on accounting principles, but reportable events existed (material weakness and restatement).
Bush & Associates has not yet been consulted on any accounting, auditing, or financial reporting issues.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

BIO KEY INTERNATIONAL INC dismissed Marcum LLP as its auditor.

Action: dismissal
Auditor: Marcum LLP

Exact text from the filing

(the “ Company ”) approved the engagement of Bush & Associates CPA (“ Bush & Associates ”) as the Company’s independent registered public accounting firm and on April 23, 2024, dismissed Marcum LLP (“ Marcum ”), as the Company’s independent registered public accounting firm.

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

BIO KEY INTERNATIONAL INC engaged Bush & Associates CPA as its auditor.

Action: engagement
Auditor: Bush & Associates CPA

Exact text from the filing

(the “ Company ”) approved the engagement of Bush & Associates CPA (“ Bush & Associates ”) as the Company’s independent registered public accounting firm and on April 23, 2024, dismissed Marcum LLP (“ Marcum ”), as the Company’s independent registered public accounting firm. Marcum was retained to serve as the Company’s independent registered public accounting firm on July 20, 2022.

View on SEC.gov

47 auditor changes filed in the last 30 days. Browse all auditor changes →

BIO KEY INTERNATIONAL INC filing history →

Source: SEC EDGAR

accession 0001437749-24-013771

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.