---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-001708"
form_type: "8-K"
ticker: "MOJO"
cik: "0001414953"
company_name: "EQUATOR Beverage Co"
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T18:05:44.439188+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Equator Beverage restates Q3 2024 results; net income turns to $428k loss

## Summary
- Errors: not expensing earned stock awards and cash bonuses, incorrect stock valuation method.
- Q3 net income restated from $69k profit to $428k loss; EPS from $0.00 to $(0.02).
- Nine-month net loss increased from $94k to $592k; EPS from $(0.01) to $(0.03).
- Prior 10-Q for Sept 30, 2024 should no longer be relied upon.
- Amended 10-Q to be filed by March 17, 2025.

## SEC filing metadata
- accession: 0001477932-25-001708
- form_type: 8-K
- ticker: MOJO
- cik: 0001414953
- company_name: EQUATOR Beverage Co
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414953/000147793225001708/0001477932-25-001708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414953/000147793225001708/mojo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-001708
- JSON: https://secwatch.observer/filing/0001477932-25-001708.json
- Plain text: https://secwatch.observer/filing/0001477932-25-001708.txt

## Key facts
- Auditor Changes
  EQUATOR Beverage Co reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Victor Mokuolu, CPA PLLC
  source text: on March 10, 2025, the board of directors of the Company determined, upon the recommendation of the Company’s management, and in consultation with the Company’s independent registered public accounting firm, that the Company should restate its previously issued financial statements for the three and nine months ended September 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414953/000147793225001708/0001477932-25-001708-index.htm

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