---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013771"
form_type: "8-K"
ticker: "BKYI"
cik: "0001019034"
company_name: "BIO KEY INTERNATIONAL INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T03:52:28.630272+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-013771
- form_type: 8-K
- ticker: BKYI
- cik: 0001019034
- company_name: BIO KEY INTERNATIONAL INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019034/000143774924013771/0001437749-24-013771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019034/000143774924013771/bkyi20240429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013771
- JSON: https://secwatch.observer/filing/0001437749-24-013771.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013771.txt

## Key facts
- Auditor Changes
  BIO KEY INTERNATIONAL INC dismissed Marcum LLP as its auditor.
  - Action: dismissal
  - Auditor: Marcum LLP
  source text: (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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019034/000143774924013771/0001437749-24-013771-index.htm
- Auditor Changes
  BIO KEY INTERNATIONAL INC engaged Bush & Associates CPA as its auditor.
  - Action: engagement
  - Auditor: Bush & Associates CPA
  source text: (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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019034/000143774924013771/0001437749-24-013771-index.htm

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