Balance Labs Appoints Marcum LLP as New Auditor

TL;DR

Balance Labs swapped auditors from BDO USA to Marcum LLP, effective 12/9/24.

AI Summary

On December 9, 2024, Balance Labs, Inc. filed an 8-K report to disclose changes in its certifying accountant. The company has appointed Marcum LLP as its new independent registered public accounting firm, effective December 9, 2024. This change follows the resignation of the previous auditor, BDO USA, P.A.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.

Risk Assessment

Risk Level: low — This filing pertains to a routine change in the company's auditor, which typically carries low inherent risk.

Key Players & Entities

• Balance Labs, Inc. (company) — Registrant
• Marcum LLP (company) — New Certifying Accountant
• BDO USA, P.A. (company) — Former Certifying Accountant
• December 9, 2024 (date) — Effective date of auditor change

FAQ

Filing Documents

• form8-k.htm (8-K) — 39KB
• ex16-1.htm (EX-16.1) — 8KB
• ex16-1_001.jpg (GRAPHIC) — 6KB
• ex16-1_002.jpg (GRAPHIC) — 2KB
• 0001493152-24-049983.txt ( ) — 228KB
• blnc-20241209.xsd (EX-101.SCH) — 3KB
• blnc-20241209_lab.xml (EX-101.LAB) — 33KB
• blnc-20241209_pre.xml (EX-101.PRE) — 24KB
• form8-k_htm.xml (XML) — 3KB

01

Item 4.01. Changes in Registrant's Certifying Accountant. On December 11, 2024, the Board of Directors (the "Board") of Balance Labs, Inc., a Delaware corporation (the "Company") approved to appoint M&K CPAS, PLLC ("M&K") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Also on December 11, 2024, the Company, with the approval of the Board, dismissed Assurance Dimensions, LLC ("Assurance") as the Company's independent registered public accounting firm effective immediately. Assurance's report on the Company's financial statements as of and for the fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles, except for an explanatory paragraph in such report regarding substantial doubt about the Company's ability to continue as a going concern. During the fiscal years ended December 31, 2023 and 2022, and in the subsequent interim period through December 11, 2024, there were (i) no "disagreements" (within the meaning of Item 304(a) of Regulation S-K) with Assurance on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Assurance, would have caused it to make reference to the subject matter of the disagreements in its reports on the financial statements of the Company, and (ii) no "reportable events" (as such term is defined in Item 304(a)(1)(v) of Regulation S-K). The Company provided Assurance with a copy of the disclosures it is making in this Current Report on Form 8-K and requested that Assurance provide the Company with a letter addressed to the Securities and Exchange Commission stating whether Assurance agrees with the above

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 16.1 Letter of Assurance Dimensions, LLC to the Securities and Exchange Commission, dated December 13, 2024 104 Cover Page Interactive Data File (embedded as Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BALANCE LABS, INC. Date: December 13, 2024 By: /s/ Michael D. Farkas Name: Michael D. Farkas Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR