{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-002558","form_type":"8-K","ticker":"ASFT","cik":"0001651992","company_name":"Appsoft Technologies, Inc.","filed_at":"2023-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.850324+00:00","generated_at":"2026-06-17T01:58:49.886854+00:00","sec_items":["4.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AppSoft Technologies restates 2021 audited financials; errors in payables, invoices, promissory note advances","bullets":["Failed to record accounts payable, invoices for services, and advances under draw-down promissory note, causing material misstatements.","Errors require changes to expenses and liabilities on balance sheet and statement of operations for year ended Dec 31, 2021.","Board determined errors were not fraud but omissions; single employee handles all accounting functions.","Company restating audited financials, MD&A, and evaluation of disclosure controls and procedures.","Material weakness in internal control over financial reporting; disclosure controls not effective as of Dec 31, 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-002558","json":"https://secwatch.observer/filing/0001477932-23-002558.json","markdown":"https://secwatch.observer/filing/0001477932-23-002558.md","text":"https://secwatch.observer/filing/0001477932-23-002558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651992/000147793223002558/0001477932-23-002558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651992/000147793223002558/asft_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:58:49.886854+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":"6c769567bd2c06090a22f36e6b9561d00bdcaa90","claim":"Appsoft Technologies, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On April 12, 2023, management of AppSoft Technologies, Inc. (the “Company”) concluded, and the Board of Directors of the Company (the “Board”) concurred, that the Company’s previously issued audited financial statements as of and for the year ended December 31, 2021, which were included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, which was originally filed with the Securities and Exchange Commission (the “SEC”) on March 29, 2022, should no longer be relied upon due to material misstatements.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651992/000147793223002558/0001477932-23-002558-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}