Business Context and Reporting Period
This Form 8-K is a current report filed by Astrotech Corp on October 12, 2023. The filing addresses a change in the company's independent registered public accounting firm. The company is incorporated in Delaware and its common stock trades on the NASDAQ under the symbol ASTC.
Key Financial Metrics
This filing does not contain financial performance data. There are no disclosures regarding revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Resignation of Prior Auditor: Armanino LLP resigned as the independent registered public accounting firm effective August 1, 2023, following the filing of the Annual Report on Form 10-K for the fiscal year ended June 30, 2023.
- Appointment of New Auditor: The Audit Committee approved the appointment of RBSM, LLP as the new independent registered public accounting firm on September 20, 2023.
- Engagement Execution: The engagement letter with RBSM, LLP was executed on October 12, 2023, covering the fiscal year ended June 30, 2024.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. Regarding risks and contingencies, the company confirmed that during the years ended June 30, 2022 and 2023, and the subsequent interim period:
- No consultations were held with RBSM regarding accounting principles or audit opinions.
- No written reports or oral advice were provided by RBSM that were considered important factors in accounting or financial reporting decisions.
- There were no disagreements or reportable events between the company and RBSM.
Investor Verification Checklist
- Verify the effective date of the transition from Armanino LLP to RBSM, LLP.
- Confirm the scope of RBSM's engagement (fiscal year ended June 30, 2024).
- Review the previously filed Form 10-K for the fiscal year ended June 30, 2023, to understand the context of Armanino LLP's resignation.
- Check for any subsequent filings regarding the audit opinion for the fiscal year ending June 30, 2024.