Home / Auditor changes / SCIENTIFIC INDUSTRIES INC

3/5SCIENTIFIC INDUSTRIES INC (SCND): Auditor change

Filed 2025-08-27 路 Form 8-K 路 Accession 0001654954-25-010062 nano

Market data

Price before filing: $0.7313 (2025-08-26 close, split/dividend-adjusted)
Market cap at flag: $7.8M (2025-08-27) 路 Latest: $8.2M (2026-10-15)

What happened next

WindowSCNDSPYvs SPY
30 days-1.5%+2.9%-4.4%2025-09-26
90 days-12.5%+4.9%-17.4%2025-11-25
180 days+1.3%+6.4%-5.1%2026-02-23

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: no open-market insider sales or purchases reported.
30 days after: 1 insider bought $10K (2 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-08-27: red flag filed
2025-09-16MOORE JOHN A
Director
Purchase9,599$0.64$6KnoForm 4
2025-09-17MOORE JOHN A
Chairman of the Board, Director
Purchase5,800$0.70$4KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-29 to 2025-09-26. 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

"The Company engaged the Former Auditor during the period from November 30, 2023 to, August 22, 2025 (the " Engagement Period ")."

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: dismissed
Disagreements reported: no
Former auditor: Forvis Mazars, LLP · New auditor: Berkowitz Pollack Brant Advisors + CPAs

Read the original filing on SEC.gov →

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

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.