Business Context and Reporting Period
This Form 8-K Current Report was filed by BiomX Inc. (PHGE) on July 1, 2026. The filing addresses a change in the Company's independent registered public accounting firm effective as of the report date.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. However, it notes that the prior auditor's reports for the fiscal years ended December 31, 2024, and December 31, 2025, included an explanatory paragraph expressing substantial doubt as to the Company's ability to continue as a going concern.
Material Changes
- Dismissal of Auditor: The Audit Committee and Board of Directors dismissed Kesselman & Kesselman, Certified Public Accountants (Isr.), a member firm of PricewaterhouseCoopers International Limited ("PwC"), as the independent registered public accounting firm.
- Engagement of New Auditor: Barzily & Co., Certified Public Accountants (Isr.) ("Barzily") was engaged as the new independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Effective Date: Both the dismissal and the new engagement became effective simultaneously on July 1, 2026.
Management Commentary, Risks, and Contingencies
- Audit Disagreements: The Company reported no disagreements with PwC regarding accounting principles, practices, financial statement disclosure, or auditing scope during the two most recent fiscal years or the interim period through the dismissal date.
- Reportable Events: No "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K occurred during the relevant periods.
- Consultations: The Company did not consult with Barzily regarding accounting principles or audit opinions prior to their engagement.
- Going Concern Risk: The filing reiterates that the previous auditor's reports for 2024 and 2025 contained a going concern qualification.
Investor Verification Checklist
- Verify the content of the letter from PwC (Exhibit 16.1) to confirm they agree with the Company's statements regarding the dismissal.
- Review the most recent financial statements to assess the current status of the "substantial doubt" regarding the Company's ability to continue as a going concern.
- Monitor future filings for the first audit report issued by Barzily & Co. to determine if the going concern qualification persists.
- Confirm the Company's liquidity position given the historical going concern warnings.