---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-003328"
form_type: "8-K"
ticker: "GORO"
cik: "0001160791"
company_name: "GOLD RESOURCE CORP"
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T09:45:34.068694+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Gold Resource Corp restates financials for 2022-2024 due to streaming liability accounting errors

## Summary
- Board concluded on March 14, 2025 that prior financial statements for years ended Dec 31, 2023 and 2022 should no longer be relied upon.
- Errors identified in streaming liabilities related to Back Forty Advance Exploration Project and Osisko Bermuda Limited.
- Errors understated streaming liabilities and net loss for periods including quarters ended March, June, September 2024 and 2023.
- Non-cash errors stemmed from misapplication of ASC 606 and incorrect interest calculation in streaming liability models.
- Company identified a material weakness in internal control over financial reporting and is implementing remediation plans.

## SEC filing metadata
- accession: 0001558370-25-003328
- form_type: 8-K
- ticker: GORO
- cik: 0001160791
- company_name: GOLD RESOURCE CORP
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1160791/000155837025003328/0001558370-25-003328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1160791/000155837025003328/goro-20250319x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-003328
- JSON: https://secwatch.observer/filing/0001558370-25-003328.json
- Plain text: https://secwatch.observer/filing/0001558370-25-003328.txt

## Key facts
- Auditor Changes
  GOLD RESOURCE CORP reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: BDO USA, P.C.
  source text: the Board of Directors of the Company, upon the recommendation of its Audit Committee and following discussions with management, concluded that the errors discussed herein were material. As a result, the following previously issued financial statements of the Company should no longer be relied upon
  evidence_url: https://www.sec.gov/Archives/edgar/data/1160791/000155837025003328/0001558370-25-003328-index.htm

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