Harrow, Inc. (HROW) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Harrow, Inc. on June 26, 2024, covering events occurring on June 24, 2024. The filing addresses a change in the Company's independent registered public accounting firm.
Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is strictly procedural regarding the appointment of a new auditor.
Material Changes
- Resignation of Prior Auditor: KMJ Corbin & Company LLP ("KMJ") resigned as the Company's independent registered public accounting firm on June 24, 2024. This resignation resulted from KMJ's partners and staff joining Crowe LLP.
- Appointment of New Auditor: Crowe LLP was appointed as the new independent registered public accounting firm, effective June 25, 2024, with the approval of the Audit Committee.
- Audit History: KMJ's reports for the fiscal years ended December 31, 2023, and 2022, were unqualified and contained no adverse opinions, disclaimers, or modifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements between the Company and KMJ on accounting principles, practices, or auditing scope during the two most recent fiscal years or the interim period through the date of resignation.
- Consultations: The Company did not consult with Crowe regarding accounting principles or reportable events prior to its appointment.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of business risks. The primary disclosure relates to the transition of audit services, which is a standard corporate governance event. No unusual items or contingencies were reported in this document.
Key Facts for Investor Verification
- Verify the effective date of the new auditor (Crowe LLP) is June 25, 2024.
- Confirm that the resignation of KMJ was due to a merger/acquisition of staff by Crowe LLP, not due to audit disputes.
- Review the attached Exhibit 16 (Letter from KMJ) to ensure the former auditor concurred with the Company's statements regarding the lack of disagreements.
- Note that this filing does not impact the Company's financial statements for the periods already audited by KMJ.