other material
confidence high
sentiment negative
materiality 0.70
Regen Biopharma restates FY2024 financials; prior statements not reliable
Regen BioPharma Inc
- Non-reliance on unaudited FY2024 financials filed Nov 20, 2024; share compensation and derivative liability corrected.
- Derivative liability increased by $6,816; total liabilities restated to $5.38M.
- Net loss restated from $809,255 to $668,255, improvement of $198,995.
- Prepaid assets reduced by $16,527; total assets restated to $161,084.
- Additional paid-in capital decreased by $17,492; AOCI shows negative $204,847 from reclassification.