Charlie's Holdings Changes Auditors
Ticker: CHUC · Form: 8-K · Filed: Apr 19, 2024 · CIK: 1134765
| Field | Detail |
|---|---|
| Company | Charlie'S Holdings, Inc. (CHUC) |
| Form Type | 8-K |
| Filed Date | Apr 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Charlie's Holdings swapped auditors, moving from Haskell & White to Weinberg & Company.
AI Summary
Charlie's Holdings, Inc. announced on April 17, 2024, that it has appointed a new independent registered public accounting firm, Weinberg & Company, P.A., effective immediately. This change follows the resignation of the company's former auditor, Haskell & White, LLP, on April 15, 2024. The company stated that the decision to change auditors was not a result of any disagreements with Haskell & White, LLP.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor closely.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Charlie's Holdings, Inc. (company) — Registrant
- Weinberg & Company, P.A. (company) — New Independent Registered Public Accounting Firm
- Haskell & White, LLP (company) — Former Independent Registered Public Accounting Firm
- April 17, 2024 (date) — Effective date of auditor change
- April 15, 2024 (date) — Date of former auditor's resignation
FAQ
Who is Charlie's Holdings, Inc.'s new independent registered public accounting firm?
Charlie's Holdings, Inc.'s new independent registered public accounting firm is Weinberg & Company, P.A.
When was the change in auditor effective?
The change in auditor was effective immediately as of April 17, 2024.
Who was Charlie's Holdings, Inc.'s previous auditor?
Charlie's Holdings, Inc.'s previous auditor was Haskell & White, LLP.
When did the former auditor resign?
The former auditor, Haskell & White, LLP, resigned on April 15, 2024.
Were there any disagreements with the former auditor?
The company stated that the decision to change auditors was not a result of any disagreements with Haskell & White, LLP.
Filing Stats: 697 words · 3 min read · ~2 pages · Grade level 14.8 · Accepted 2024-04-19 16:31:03
Filing Documents
- chuc20240419_8k.htm (8-K) — 24KB
- ex_657121.htm (EX-16.1) — 3KB
- 0001437749-24-012565.txt ( ) — 145KB
- chuc-20240417.xsd (EX-101.SCH) — 3KB
- chuc-20240417_def.xml (EX-101.DEF) — 10KB
- chuc-20240417_lab.xml (EX-101.LAB) — 14KB
- chuc-20240417_pre.xml (EX-101.PRE) — 10KB
- chuc20240419_8k_htm.xml (XML) — 2KB
01(a)
Item 4.01(a) Changes in Registrant ' s Certifying Accountant. On April 17, 2024, the Audit Committee (the "Committee") of the Board of Directors of Charlie's Holdings, Inc. (the "Company") accepted the resignation of Mazars USA LLP ("Mazars"), the Company's current independent registered public accounting firm. Mazars made the decision to cease its services to the Company effective with the filing of the Company's Form 10-Q for the quarter ended March 31, 2024 in connection with related client engagement continuance procedures resulting from the transaction Mazars is entering into with FORVIS, LLP effective June 1, 2024. The audit report of Mazars on the Company's consolidated financial statements as of December 31, 2023 and for the year ended December 31, 2023 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. However, Mazars's report on the financial statements included an emphasis paragraph regarding substantial doubt about the Company's ability to continue as a going concern and a critical audit matter regarding the reserve for excess and slow-moving inventory. From their appointment on June 29, 2023 through April 17, 2024, there were no (i) disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-K between the Company and Mazars on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Mazars's satisfaction, would have caused Mazars to make reference to the subject matter of the disagreements in connection with its reports on the Company's consolidated financial statements for such years or (ii) reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K and the related instructions thereto. The Company provided Mazars with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commiss
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit 16.1 Letter from Mazars Exhibit 104 Cover Page Interactive Data File (embedded within the 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. Charlie's Holdings, Inc. Date: April 19, 2024 By: /s/ Ryan Stump Ryan Stump Chief Operating Officer