secwatch.observer — SEC 8-K summary
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Issuer:     Commonwealth Income & Growth Fund VII, LP (—)
CIK:        0001450335
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001654954-22-015872
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Commonwealth Income & Growth Fund VII restates Q2 2022 financials due to $98K depreciation error
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- Depreciation expense understated by $98,000; net loss increased $97,945 to $194,381 for Q2 2022.
- Restated net loss per limited partner unit rose from $0.06 to $0.13 for three and six months ended June 30, 2022.
- Total assets decreased $97,944 to $2,528,500; limited partners' capital fell $97,945 to $1,610,303 as of June 30, 2022.
- Amended Form 10-Q for the quarter ended June 30, 2022 expected to be filed by November 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450335/000165495422015872/0001654954-22-015872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450335/000165495422015872/cigf7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-015872

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