---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-005976"
form_type: "8-K"
ticker: "EDGM"
cik: "0001652958"
company_name: "Edgemode, Inc."
filed_at: "2022-08-22T23:59:59+00:00"
generated_at: "2026-06-23T22:17:41.382652+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Edgemode restates Q1 2022 financials due to $17.8M stock-option accounting error

## Summary
- Restatement of Q1 2022 financials for failure to record 65.9M options granted to execs and consultant.
- Operating expenses and equity understated by approximately $17.8 million.
- Previously issued Q1 2022 financial statements should no longer be relied upon.
- Company blames deficiencies in internal controls and insufficient accounting personnel.
- Intends to file amended Form 10-Q for Q1 2022 as soon as practicable.

## SEC filing metadata
- accession: 0001683168-22-005976
- form_type: 8-K
- ticker: EDGM
- cik: 0001652958
- company_name: Edgemode, Inc.
- filed_at: 2022-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1652958/000168316822005976/0001683168-22-005976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1652958/000168316822005976/edgemode_8k-081922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-005976
- JSON: https://secwatch.observer/filing/0001683168-22-005976.json
- Plain text: https://secwatch.observer/filing/0001683168-22-005976.txt

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