Business Context and Reporting Period
This Form 8-K is a current report filed by CVD Equipment Corporation (CVV) on April 25, 2025. The filing addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly procedural regarding the change in auditors.
Material Changes
- Accountant Change: Marcum LLP resigned as the independent registered public accounting firm effective April 25, 2025.
- New Appointment: CBIZ CPAs P.C. was engaged as the new independent registered public accounting firm, effective April 25, 2025.
- Reason for Change: The change resulted from CBIZ CPAs P.C. acquiring the attest business of Marcum LLP on November 1, 2024.
Guidance, Outlook, and Risks
- Audit Opinions: Marcum's reports for the fiscal years ended December 31, 2024, and 2023, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements with Marcum on accounting principles, financial statement disclosure, or auditing scope/procedures during the fiscal years 2023 and 2024, or through the date of resignation.
- Reportable Events: No "reportable events" occurred during the relevant periods.
- Consultations: The Company did not consult with CBIZ CPAs P.C. regarding accounting principles, audit opinions, or matters related to disagreements or reportable events prior to the engagement.
Investor Verification Checklist
- Verify the transition timeline between Marcum LLP and CBIZ CPAs P.C. to ensure continuity in audit oversight.
- Review the letter from Marcum LLP (Exhibit 16.1) to confirm their concurrence with the statements regarding the lack of disagreements.
- Monitor future filings (10-K/10-Q) for the first audit opinion issued by CBIZ CPAs P.C.
- Confirm that the acquisition of Marcum's attest business by CBIZ did not impact the scope or quality of the prior year audits.