Business Context and Reporting Period
Company: RCM Technologies, Inc. (RCMT)
Filing Type: Form 8-K (Current Report)
Date of Report: June 30, 2025
Reporting Period: The filing reports on events occurring on June 30, 2025, specifically regarding a change in the independent registered public accounting firm.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. The document is a current report focused solely on corporate governance and accounting firm changes.
Material Changes
Change in Certifying Accountant:
- Dismissed Firm: WithumSmith+Brown, PC was dismissed on June 30, 2025.
- Engaged Firm: EisnerAmper LLP was engaged on June 30, 2025, effective immediately, to audit the fiscal year ending January 3, 2026, and review quarterly statements.
- Audit Committee Approval: The decision was approved by the Company's Audit Committee.
Historical Audit Context:
- Withum's reports for fiscal years ended December 28, 2024, and December 30, 2023, contained no adverse opinions, disclaimers, or qualifications.
- No disagreements existed regarding accounting principles, practices, or audit scope during the two most recent fiscal years.
- Material Weakness: A material weakness was previously identified by Withum for the fiscal year ended December 30, 2023, concerning separation of duties in the SAP ERP/General Ledger and user access controls. This weakness was fully remediated by December 28, 2024, and was not present in the subsequent audit report.
Guidance, Outlook, and Risks
Management Commentary: The filing states that the change in auditors was made on the recommendation of the Audit Committee. No forward-looking financial guidance or strategic outlook is provided in this document.
Risks and Contingencies:
- The filing notes a past material weakness in internal controls (ITGCs) which has been remediated.
- No new risks or contingencies are disclosed in this specific report.
Investor Verification Checklist
- Verify the letter from WithumSmith+Brown, PC (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Confirm the engagement terms and scope of work with the new auditor, EisnerAmper LLP, for the fiscal year ending January 3, 2026.
- Review the Company's subsequent filings to ensure the remediation of the previously disclosed IT general control weaknesses remains effective.
- Check for any future 8-K filings that might disclose disagreements or reportable events between the Company and the new auditor.