AuditorMay 6, 2026, 05:02 PM
Milestone Scientific Changes Auditors to Grassi & Co.
AI Summary
Milestone Scientific Inc. has dismissed CBIZ CPAs P.C. as its independent registered public accounting firm, effective May 15, 2026. The company has engaged Grassi & Co., CPAs, P.C. as the new independent registered public accounting firm for the fiscal year ending December 31, 2026. While the previous auditor's report for December 31, 2025, contained a
Key Highlights
- Milestone Scientific dismissed CBIZ CPAs P.C. as its independent registered public accounting firm, effective May 15, 2026.
- The company engaged Grassi & Co., CPAs, P.C. as its new independent registered public accounting firm for fiscal year 2026.
- Both the dismissal and engagement were approved by the Audit Committee and Board of Directors on April 30, 2026.
- CBIZ CPAs' report for December 31, 2025, included an explanatory paragraph regarding substantial doubt about the company's ability to continue as a going concern.
- There were no disagreements on accounting principles or reportable events between the company and CBIZ CPAs.
- No prior consultations occurred between the company and Grassi & Co. regarding accounting or audit matters.
Price Impact
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