other material
confidence high
sentiment negative
materiality 0.65
CYTTA CORP. (CYCA): auditor change — Cytta Corp. restates Dec 2024 financials; revenue overstated by $37K from unverified sales orders
CYTTA CORP.
- Board concludes Dec 31, 2024 interim financials unreliable due to revenue recognition error.
- Error: 33 unverified sales orders from independent sales org; revenue overstated by $36,976.
- Restatement of Dec 31, 2024 Form 10-Q to be filed; amendment to correct revenue.
- Company filed original 8-K on July 11, 2025; this amendment clarifies disclosure.