other
confidence high
sentiment negative
materiality 0.75
CDT Equity dismisses auditor CBIZ CPAs, engages CRI; cites going concern, material weaknesses
CDT Equity Inc.
- Audit committee dismissed CBIZ CPAs and engaged Carr, Riggs & Ingram (CRI) on June 23, 2026.
- Prior audit report contained a going-concern explanatory paragraph for the year ended Dec 31, 2025.
- Multiple material weaknesses in internal controls were reported, including lack of segregation of duties and inadequate review processes.
- No disagreements with CBIZ CPAs on accounting principles during the engagement period.
- CBIZ CPAs' letter agreeing with company's statements is filed as Exhibit 16.1.