Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On or about
The effects of the discrepancy discovered related to the accounting error on the
previously filed Form 10-Q for the three and six ended
Condensed Consolidated Statement of Operations for the three months endedJune 30, 2020 (unaudited) Previously Reported Adjustment As Restated Other income (expense)$(7,221) $(8,643) $(15,864) Net loss (8,779) (8,643) (17,422)
Net loss per common share - basic and diluted
Condensed Consolidated Statement of Operations for the six months endedJune 30, 2020 (unaudited) Previously Reported Adjustment As Restated Other income (expense)$(7,859) $(8,643) $(16,502) Net loss (10,487) (8,643) (19,130)
Net loss per common share - basic and diluted
Condensed Consolidated Statement of Stockholders' Deficit as ofJune 30, 2020 (unaudited) Previously Reported Adjustment As Restated Preferred share$3 $-$3 Common share 75 - 75 Additional paid-in capital 550,411 8,643 559,054 Noncontrolling interest (169) - (169) Accumulated deficit (577,819) (8,643) (586,462) Total Shareholder deficit$(27,499) $-$(27,499)
The effects of the discrepancy discovered related to the accounting error on the
previously filed Form 10-Q for the three and nine ended
Condensed Consolidated Statement of Operations for the three months ended
Previously Reported Adjustment As Restated Other income (expense)$(931) $(8,643) $(9,574) Net loss (2,876) (8,643)$(11,519)
Net loss per common share - basic and diluted
Condensed Consolidated Statement of Operations for the nine months ended
Previously Reported Adjustment As Restated Other income (expense) (8,790) (8,643) (17,433) Net loss (13,363) (8,643) (22,006)
Net loss per common share - basic and diluted
Condensed Consolidated Statement of Stockholders' Deficit as ofSeptember 30, 2020 (unaudited) Previously Reported Adjustment As Restated Preferred share$25 -$25 Common share 78 - 78 Additional paid-in capital 550,984 8,643 559,627 Noncontrolling interest (169) - (169) Accumulated deficit (580,695) (8,643) (589,338) Total Shareholder deficit$(29,777) -$(29,777)
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