Veritone, Inc. (VERI): auditor change — Veritone restates Q3 2025 financials, non-reliance on prior filings due to revenue and goodwill errors

Veritone, Inc.

Errors include $2.2M revenue overstatement from on-premise software deal, ~8% of Q3 revenue.
Additional $0.2M and $0.9M revenue overstatements from premature revenue recognition and billing errors.
Goodwill understated by $1.0M, intangible assets net understated by $0.5M, and accumulated OCI overstated by $1.5M.
Audit committee and management identified material weakness in internal control over revenue recognition for non-routine transactions.
Net loss for Q3 2025 increased by $2.4M to $29.2M; basic loss per share from $0.41 to $0.45.

item 4.02

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Veritone, Inc. reported that prior financial statements should not be relied upon.

Action: non reliance

Exact text from the filing

On April 8, 2026, the management and the audit committee (the “Audit Committee”) of the Board of Directors of Veritone, Inc. (the “Company”), after consideration of the relevant facts and circumstances, determined that the Company’s previously issued unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2025 should no longer be relied upon

View on SEC.gov

Browse all auditor changes →

Veritone, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-025100

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.