other material
confidence high
sentiment negative
materiality 0.45
Biofrontera engages CBIZ CPAs as new auditor after Marcum's resignation tied to acquisition
Biofrontera Inc.
- Marcum LLP resigned as auditor on April 17, 2025 after CBIZ CPAs acquired its attest business.
- Biofrontera's audit committee approved engaging CBIZ CPAs as independent auditor for fiscal 2025.
- Marcum's audit reports for 2024 and 2023 had no adverse opinion but included a going concern explanatory paragraph.
- No reportable disagreements or events occurred with Marcum during the fiscal years 2024 and 2023.