---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-002459"
form_type: "8-K"
ticker: "GNVR"
cik: "0001792941"
company_name: "Genvor Inc"
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:23:12.721694+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genvor restates financials for four quarters over $246K liability recording error

## Summary
- Independent accountant notified Genvor on Jan 9, 2024 that financials for periods ending Sept 2022 through June 2023 should no longer be relied upon.
- Error: Company incorrectly recorded a liability for an extension payment on a USDA CRADA contract that was not required; only original amount due had been recorded.
- Overstatement of current liabilities and net loss by approximately $246,000 for each of the four quarterly periods.
- Genvor intends to file restated financial statements and amend periodic reports immediately after this 8-K.

## SEC filing metadata
- accession: 0001493152-24-002459
- form_type: 8-K
- ticker: GNVR
- cik: 0001792941
- company_name: Genvor Inc
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792941/000149315224002459/0001493152-24-002459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792941/000149315224002459/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-002459
- JSON: https://secwatch.observer/filing/0001493152-24-002459.json
- Plain text: https://secwatch.observer/filing/0001493152-24-002459.txt

## Key facts
- Auditor Changes
  Genvor Inc reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On January 9, 2024, the independent certifying accountant of Genvor Incorporated (the “ Company ”) notified the Company that the Company’s financial statements for the periods ending September 30, 2022, December 31, 2022, March 31, 2023, and June 30, 2023, should no longer be relied upon because the Company had incorrectly recorded a liability for what it believed was a required extension payment associated with its USDA CRADA research contract as of September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792941/000149315224002459/0001493152-24-002459-index.htm

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