Business Context and Reporting Period
This Form 8-K Current Report is filed by DSS, INC. for the reporting period ending June 27, 2025. The filing discloses a material corporate governance event regarding the change of the company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on the change in auditors and does not contain financial statement data.
Material Changes
- Dismissal of Prior Auditor: On June 27, 2025, DSS, Inc. dismissed Grassi & Co., CPAs, P.C. as its independent registered public accounting firm. The engagement period for Grassi was from July 1, 2022, to June 27, 2025.
- Appointment of New Auditor: Effective June 27, 2025, the Company appointed HTL International, LLC as its new independent registered public accounting firm to audit consolidated financial statements.
- Board Approval: The decision to replace the accounting firm was approved by the Board of Directors.
Management Commentary, Risks, and Contingencies
- No Disagreements: The Company stated there were no disagreements with Grassi & Co. on any matter of accounting principles, financial statement disclosure, or auditing scope/procedure during the engagement period that would have required reference in a report.
- No Prior Consultations: During the two most recent fiscal years and through the engagement date, the Company did not consult with the new auditor, HTL International, LLC, regarding accounting principles, audit opinions, or reportable events.
- Leadership: The report was signed by Jason Grady, identified as the Interim Chief Executive Officer.
Investor Verification Checklist
- Verify the reasons for the auditor change by reviewing the accompanying letter from Grassi & Co. (Exhibit 16.1).
- Confirm the qualifications and independence of the new auditor, HTL International, LLC.
- Monitor future filings for the impact of the interim CEO status on corporate governance.
- Review upcoming 10-K or 10-Q filings for the first financial statements audited by the new firm.