secwatch.observer — SEC 8-K summary
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Issuer:     EQUATOR Beverage Co (MOJO)
CIK:        0001414953
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001477932-25-001708
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414953/000147793225001708/0001477932-25-001708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414953/000147793225001708/mojo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-001708

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer