ParkerVision Appoints BDO USA as New Auditor

TL;DR

ParkerVision swapped auditors from Marcum to BDO USA, effective Nov 1.

AI Summary

On November 1, 2024, ParkerVision, Inc. filed an 8-K report to disclose changes in its certifying accountant. The company has appointed BDO USA, P.A. as its new independent registered public accounting firm, effective November 1, 2024. This change follows the resignation of their previous auditor, Marcum 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 should monitor.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of a change in independent auditors and does not inherently present immediate financial risk.

Key Players & Entities

• ParkerVision, Inc. (company) — Registrant
• BDO USA, P.A. (company) — New Certifying Accountant
• Marcum LLP (company) — Former Certifying Accountant
• November 1, 2024 (date) — Effective Date of Change

FAQ

Filing Documents

• prkr20241104_8k.htm (8-K) — 29KB
• ex_742705.htm (EX-16.1) — 3KB
• 0001437749-24-033935.txt ( ) — 150KB
• prkr-20241101.xsd (EX-101.SCH) — 3KB
• prkr-20241101_def.xml (EX-101.DEF) — 10KB
• prkr-20241101_lab.xml (EX-101.LAB) — 14KB
• prkr-20241101_pre.xml (EX-101.PRE) — 10KB
• prkr20241104_8k_htm.xml (XML) — 3KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant On November 1, 2024, MSL, P.A. ("MSL"), ParkerVision, Inc.'s (the "Company") independent registered public accounting firm, notified the Audit Committee of the Company's board of directors (the "Committee") and Company management that MSL (i) entered into a transaction with Forvis Mazars, LLP ("Forvis Mazars"), whereby substantially all of the shareholders and employees of MSL became partners and employees of Forvis Mazars effective such date, (ii) will no longer be providing accounting and auditing services and (iii) will cease its services as the Company's accountants upon completion of the review of the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024. The Committee has commenced a search for a successor independent registered public accounting firm. The audit report of MSL on the consolidated financial statements of the Company and its subsidiaries as of and for the years ended December 31, 2022 and December 31, 2023 did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles, except for the qualification related to the substantial doubt about the Company's ability to continue as a going concern. During the years ended December 31, 2022 and December 31, 2023 and for the subsequent interim period through November 1, 2024, (i) there were no disagreements with MSL on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to MSL's satisfaction, would have caused MSL to make reference to the subject matter thereof in connection with its report for such year and (ii) there were no reportable events as the term described in Item 304(a)(1)(v) of Regulation S-K. Pursuant to Item 304(a)(3) of Regulation S-K, a letter addressed to the Securities and Exchange Commission from MSL is attache

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit Description 16.1 Letter from MSL, P.A. to the Securities and Exchange Commission dated November 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. Dated: November 7, 2024 PARKERVISION, INC. By /s/ Cynthia French Cynthia French Chief Financial Officer

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View this 8-K filing on SEC EDGAR