---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-002599"
form_type: "8-K"
ticker: "CEIN"
cik: "0001309082"
company_name: "CAMBER ENERGY, INC."
filed_at: "2025-04-10T23:59:59+00:00"
generated_at: "2026-05-23T17:04:46.468616+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Camber Energy restates Q1-Q3 2024 financials; revenue recognition errors at subsidiary

## Summary
- Board concludes unaudited financials for March, June, Sept 2024 quarters are no longer reliable.
- Subsidiary Simson-Maxwell (60.5% owned) incorrectly recognized revenue on contract payment milestones under ASC 606.
- Revenue, net loss, and balance sheet items materially misstated; cash flows not impacted.
- Company will file amended 10-Qs with restated financials as soon as practicable.
- Material weakness in internal controls over revenue recognition identified; previously disclosed weakness exists.

## SEC filing metadata
- accession: 0001477932-25-002599
- form_type: 8-K
- ticker: CEIN
- cik: 0001309082
- company_name: CAMBER ENERGY, INC.
- filed_at: 2025-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309082/000147793225002599/0001477932-25-002599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309082/000147793225002599/cei_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-002599
- JSON: https://secwatch.observer/filing/0001477932-25-002599.json
- Plain text: https://secwatch.observer/filing/0001477932-25-002599.txt

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