Business Context and Reporting Period
This Form 8-K Current Report was filed by CorMedix Inc. on October 17, 2022. The filing addresses a change in the Company's certifying accountant.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of the independent registered public accounting firm.
Material Changes
- Accountant Change: The Audit Committee approved the dismissal of Friedman LLP and the engagement of Marcum LLP as the new independent registered public accounting firm.
- Reason for Change: The change resulted from a combination of firms. Effective September 1, 2022, Friedman LLP combined with Marcum LLP. Consequently, services previously provided by Friedman are now provided by Marcum.
- Audit History: Friedman's reports for fiscal years ended December 31, 2021, and 2020, did not contain adverse opinions, disclaimers, or qualifications. There were no disagreements regarding accounting principles, practices, or audit scope during these periods or through October 17, 2022.
- Consultations: The Company did not consult with Marcum regarding accounting principles or audit opinions prior to this engagement.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of new risks or contingencies. It confirms that no "reportable events" occurred during the relevant periods as defined by Regulation S-K.
Investor Verification Checklist
- Verify the transition timeline between Friedman LLP and Marcum LLP to ensure continuity of audit services.
- Review the letter from Friedman LLP (Exhibit 16.1) to confirm their agreement with the statements made in this filing.
- Check subsequent filings for the first financial statements audited by Marcum LLP.