The auditor change itself is procedural, but the going concern emphasis in the prior report is a red flag. Monitor the next 10-Q or 10-K for any deterioration in financial position or further auditor comments.
Price Chart
Executive Summary
Milestone Scientific dismissed CBIZ CPAs and hired Grassi & Co. as its new auditor effective May 15, 2026. The prior auditor's report on FY2025 financials included a going concern explanatory paragraph, but no disagreements or reportable events were reported. This auditor change is routine in description but notable given the going concern flag.
Key Facts
- Dismissed CBIZ CPAs P.C. effective May 15, 2026
- Engaged Grassi & Co., CPAs, P.C. for fiscal year ending December 31, 2026
- Prior auditor's report included an explanatory paragraph about substantial doubt on going concern
- No disagreements or reportable events between company and CBIZ CPAs during fiscal 2025 and subsequent interim period
Financial Impact
Not specified
Risk Factors
- Going concern risk previously flagged
- Potential for future disagreements with new auditor
- Small market cap increases vulnerability to adverse events
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-021512 |
| Exhibit: ex16-1.htm | 0001493152-26-021512 |
| Document: 0001493152-26-021512-index-headers.html | 0001493152-26-021512 |
| Document: 0001493152-26-021512-index.html | 0001493152-26-021512 |
| Document: 0001493152-26-021512.txt | 0001493152-26-021512 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 28d ago | EFFECT | $0.4100 $0.3000 | ▲ +26.83% | ▲ +27.54% | $0.3000 (+26.83%) |
Sep 18, 2026 5w ago | S-3/A | $0.3908 $0.3330 | ▼ −14.79% | ▼ −13.88% | $0.3000 (−23.23%) |
Aug 14, 2026 10w ago | Press Release | $0.4951 $0.4240 | ▼ −14.36% | ▼ −12.37% | $0.3000 (−39.41%) |
Jul 31, 2026 12w ago | 8-K | $0.3990 | awaiting T+20 | — | $0.3000 (−24.81%) |
Jul 29, 2026 12w ago | 8-K | $0.3911 | awaiting T+20 | — | $0.3000 (−23.29%) |
Jun 10, 2026 19w ago | EFFECT | $0.3899 $0.3550 | ▲ +8.95% | ▲ +12.57% | $0.3000 (+23.06%) |
Jun 2, 2026 21w ago | S-3 | $0.3900 $0.3423 | ▲ +12.23% | ▲ +11.23% | $0.3000 (+23.08%) |
May 27, 2026 21w ago | Press Release | $0.3900 $0.3220 | ▼ −17.44% | ▼ −15.53% | $0.3000 (−23.08%) |
May 14, 2026 23w ago | Press Release | $0.3400 $0.3500 | ▲ +2.94% | ▲ +3.80% | $0.3000 (−11.76%) |
May 6, 2026 24w ago | 8-K | $0.4700 $0.3900 | ▼ −17.02% | ▼ −20.16% | $0.3000 (−36.17%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers