regulatory
confidence high
sentiment negative
materiality 0.65
CYTTA CORP. (CYCA): auditor change — Cytta Corp. to restate Dec 2024 10-Q revenue by $36,967 due to recognition error
CYTTA CORP.
- Error of $36,976 in revenue recognition discovered by new auditors Sadler Gibb on July 7, 2025; restatement reduces revenue by $36,967.
- Company will file amendment to the affected Dec 31, 2024 10-Q report.
- Cytta Corp. signed agreement with Genesys Technologies to include Wi-VHFi mobile broadband technology in Cytta Labs incubator.
- The agreement furthers existing April 2017 joint venture; technology uses vacant TV frequencies (Whitespace) for rural networks.