Business Context and Reporting Period
Company: Actinium Pharmaceuticals, Inc. (ATNM)
Filing Type: Form 8-K (Current Report)
Date of Report: May 08, 2025
Reporting Period: Event-driven report regarding changes in the registrant's certifying accountant.
Key Financial Metrics
This filing does not contain financial performance data. The document focuses exclusively on corporate governance regarding the independent registered public accounting firm. No revenue, profit, cash flow, margin, debt, or liquidity figures are provided in this text.
Material Changes
- Resignation of Former Auditor: Marcum LLP was dismissed as the independent registered public accounting firm on May 08, 2025. This action was taken because CBIZ CPAs P.C. acquired the attest business of Marcum on November 1, 2024.
- Engagement of New Auditor: CBIZ CPAs P.C. was engaged as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, effective May 08, 2025, with Audit Committee approval.
- Audit History: The audit reports issued by Marcum for fiscal years ended December 31, 2024, and 2023 were unqualified (no adverse opinion, disclaimer, or modification).
Management Commentary, Risks, and Contingencies
- Disagreements: The Company reported no disagreements with Marcum regarding accounting principles, practices, financial statement disclosures, or auditing scope/procedures during the fiscal years 2023 and 2024, or through May 08, 2025.
- Reportable Events: No reportable events occurred between the Company and Marcum during the same period.
- Consultations with New Auditor: The Company confirmed no consultations with CBIZ CPAs regarding accounting principles or audit opinions prior to their engagement.
- Confirmation: Marcum LLP provided a letter dated May 09, 2025, agreeing with the statements made in this filing.
Investor Verification Checklist
- Verify the transition timeline between Marcum LLP and CBIZ CPAs P.C. to ensure no gap in audit coverage.
- Review the attached Exhibit 16.1 (Marcum's letter) for any additional context regarding the dismissal.
- Confirm that the change in auditors was solely due to the acquisition of Marcum's attest business by CBIZ and not due to financial irregularities.
- Monitor future filings for the first audit report issued by CBIZ CPAs for the fiscal year ending December 31, 2025.