RegulatoryAug 12, 2026, 07:38 AM
Capstone Restates Q2 2025 Financials, Cites Material Weakness
AI Summary
Capstone Holding Corp. has filed an amendment to its 10-Q to restate its financial statements for the three and six months ended June 30, 2025. The restatement primarily corrects the weighted average share and per share amounts, and the schedule of potentially dilutive securities. Additionally, the company disclosed a material weakness in internal control over financial reporting identified in connection with the restatement.
Key Highlights
- Restated weighted average share and per share amounts in consolidated statements of operations.
- Corrected schedule of potentially dilutive securities in Note 3.
- Added Note 1A, Restatement of Previously Issued Financial Statements.
- Identified a material weakness in internal control over financial reporting.
- Net loss per share for six months ended June 30, 2025, restated from $(0.58) to $(0.92).
- Weighted average shares for six months ended June 30, 2025, adjusted from 5,406,305 to 3,405,568.
- New certifications from principal executive and financial officers were filed.
- Other financial statement amounts (net loss, balance sheets, cash flows) were not affected.
Price Impact
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