other material
confidence high
sentiment neutral
materiality 0.45
Bright Mountain Media replaces Withum with Grassi as auditor; prior FY24-25 reports had going-concern doubt
Bright Mountain Media, Inc.
- WithumSmith+Brown dismissed as independent auditor effective September 21, 2026; dismissal approved by the Audit Committee of the Board.
- Withum's audit reports for fiscal years ended December 31, 2025 and 2024 each contained an explanatory paragraph on substantial doubt about the Company's ability to continue as a going concern.
- No disagreements or reportable events with Withum during the two most recent fiscal years and interim periods through September 21, 2026.
- Grassi & Co., Certified Public Accountants, P.C. engaged September 17, 2026 to audit the quarter ending September 30, 2026 and fiscal year ending December 31, 2026.
- Amendment adds Withum's September 24, 2026 letter to the SEC (Exhibit 16.1) stating it agrees with the Company's Item 4.01 disclosures.