06/11/2026 | Press release | Distributed by Public on 06/11/2026 04:02
Item 4.01 Changes in Registrant's Certifying Accountant
Dismissal of Independent Registered Public Accounting Firm
On June 9, 2026, the Board of Directors of the Company approved the dismissal of Bush & Associates CPA LLC ("Accountant"), as the Company's independent registered public accounting firm following the completion of its audit of the Company's consolidated financial statements as of and for the year ended December 31, 2025 and the issuance of the Accountant's reports thereon. The Accountant was dismissed on June 10, 2026 (IS THAT THE DATE BUSH WILL BE INFORMED?).
The audit reports of the Accountant on the consolidated financial statements of the Company as of and for each of the fiscal years ended December 31, 2025 and 2024, contained a 'going concern' qualification, but did not otherwise contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
In connection with the audits of the Company's consolidated financial statements for each of the fiscal years ended December 31, 2025 and 2024, there were no: (1) 'disagreements' (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and related instructions) with the Accountant on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the Accountant's satisfaction, would have caused the Accountant to make reference to the subject matter of the disagreement in connection with the Accountant's opinion to the subject matter of the disagreement; or (2) 'reportable events' (as defined in Item 304(a)(1)(v) of Regulation S-K).
The Company provided the Accountant with a copy of the foregoing disclosures on June 10, 2026 and requested that the Accountant furnish a letter addressed to the Securities and Exchange Commission stating whether it agreed with the statements made herein. A copy of such letter from the Accountant is attached as Exhibit 16.1 and is incorporated herein by reference.
Engagement of New Independent Registered Public Accounting Firm
On June 9, 2026, the Board of Directors appointed DiPiazza LaRocca Heeter & Co., LLC, 510 Office Park Drive, Suite 100, Birmingham, AL 35223, ("DLHC") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, effective beginning with the review of the Company's condensed consolidated financial statements for the quarter ending March 31, 2026.
During the Company's fiscal years ended December 31, 2025 and 2024, and the subsequent interim period through June 9, 2026, neither the Company nor anyone acting on its behalf consulted DLHC with respect to either: (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and no written report was provided to the Company or oral advice was provided that DLHC concluded was an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a 'disagreement' (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions) or a 'reportable event' (as described in Item 304(a)(1)(v) of Regulation S-K).