secwatch.observer — SEC 8-K summary
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Issuer:     Eva Live Inc (GOAI)
CIK:        0001983736
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001493152-24-046057
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Eva Live restates FY2022-2023 financials, eliminates $2.0M goodwill; Q3 prelim net loss $5.5M
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- Management concludes FY2022-2023 financials should no longer be relied upon due to elimination of $2,010,606 goodwill from reverse capitalization error.
- Preliminary Q3 2024: revenue $1.98M, total expenses $7.50M, net loss $5.53M ($0.04 loss per share).
- Terminated prior auditor BF Borgers in May 2024 after SEC cease-and-desist order; retained Michael Gillespie & Associates.
- Net liability of $199,337 and total assets $2.70M as of Sep 30, 2024 reflect restated balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1983736/000149315224046057/0001493152-24-046057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1983736/000149315224046057/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046057

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