Home / Auditor changes / Insight Molecular Diagnostics Inc.

1/5Insight Molecular Diagnostics Inc. (IMDX): Auditor change

Filed 2025-04-17 路 Form 8-K 路 Accession 0001641172-25-005288 micro

Market data

Price before filing: $2.83 (2025-04-16 close, split/dividend-adjusted)
Market cap at flag: $90.9M (2025-04-17) 路 Latest: $110.6M (2026-10-16)

What happened next

WindowIMDXSPYvs SPY
30 days-1.1%+13.2%-14.2%2025-05-19
90 days+0.0%+19.1%-19.1%2025-07-16
180 days+44.2%+26.7%+17.5%2025-10-14

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 3 insiders bought $13.0M (9 purchases, 1 without a usable price)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-01-29SMITH PATRICK W
10% owner
Purchase3,880$2.01$8KnoForm 4
2025-01-30SMITH PATRICK W
10% owner
Purchase318$2.01$639noForm 4
2025-01-31SMITH PATRICK W
10% owner
Purchase890$2.01$2KnoForm 4
2025-02-04SMITH PATRICK W
10% owner
Purchase25$2.02$50noForm 4
2025-02-06BROADWOOD PARTNERS, L.P. (+2 joint filers)
10% owner
Purchase660,207$2.05$1.4MnoForm 4
2025-02-06BROADWOOD PARTNERS, L.P. (+2 joint filers)
10% owner
Purchase0n/an/anoForm 4
2025-02-06BROADWOOD PARTNERS, L.P. (+2 joint filers)
10% owner
Purchase4,505,488$2.05$9.2MnoForm 4
2025-02-07James Andrea S.
Chief Financial Officer
Purchase97,561$2.05$200KnoForm 4
2025-02-07SMITH PATRICK W
10% owner
Purchase1,077,600$2.05$2.2MnoForm 4
2025-04-17: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-17 to 2025-05-17. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On April 11, 2025, the Company terminated its relationship with Marcum as the Company's independent registered public accounting firm and, with the approval of the Audit Committee of the Company's Board of Directors, engaged CBIZ CPAs on April 16, 2025 as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: routine (audit-firm merger)
Disagreements reported: no
Former auditor: Marcum LLP · New auditor: CBIZ CPAs P.C.

Why this score: routine: audit firm merged/was acquired

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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