RetinalGenix changes external auditor in 2026
RetinalGenix Technologies Inc. reported that Liebman Hymowitz, LLP resigned as its independent registered public accounting firm, effective July 13, 2026.
Rhea-AI Filing Summary
RetinalGenix Technologies Inc. reported that Liebman Hymowitz, LLP resigned as its independent registered public accounting firm, effective July 13, 2026. Liebman Hymowitz’s audit reports on the consolidated financial statements for the years ended December 31, 2025 and December 31, 2024 were unqualified but included an explanatory paragraph describing substantial doubt about the company’s ability to continue as a going concern. The company states there were no disagreements with Liebman Hymowitz on accounting principles, financial statement disclosure, or auditing scope or procedures, and no reportable events other than previously disclosed issues involving internal control over financial reporting and disclosure controls and procedures.
On July 15, 2026, RetinalGenix engaged Vilki & Co., Charted Accountants as its new independent registered public accounting firm for the year ending December 31, 2026. The company indicates it did not consult Vilki & Co. in advance on accounting principles, potential audit opinions, or any matters involving disagreements or reportable events. RetinalGenix has requested a letter from Liebman Hymowitz addressed to the SEC confirming its agreement with these disclosures, to be filed as Exhibit 16.1.
Positive
- None.
Negative
- Audit reports for 2024 and 2025 included an explanatory paragraph about substantial doubt regarding RetinalGenix’s ability to continue as a going concern, and the independent auditor resigned effective July 13, 2026.
8-K Event Classification
2 items: 4.01, 9.01
2 items
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Auditor resignation date: July 13, 2026
New auditor engagement date: July 15, 2026
Audit periods with going-concern paragraph: Year ended December 31, 2025 and December 31, 2024
+1 more
4 metrics
Auditor resignation date
July 13, 2026
Effective date of Liebman Hymowitz, LLP resignation as independent registered public accounting firm
New auditor engagement date
July 15, 2026
Date Vilki & Co., Charted Accountants was engaged as independent registered public accounting firm
Audit periods with going-concern paragraph
Year ended December 31, 2025 and December 31, 2024
Liebman Hymowitz, LLP reports including an explanatory paragraph about substantial doubt as a going concern
Future audit period
Year ending December 31, 2026
Audit period for which Vilki & Co. was appointed independent registered public accounting firm
Key Terms
independent registered public accounting firm, going concern, reportable events, internal control over financial reporting, +2 more
6 terms
independent registered public accounting firm regulatory
"resigning as the Company’s independent registered public accounting firm, effective July 13, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
going concern financial
"included an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
reportable events regulatory
"there were no “reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
internal control over financial reporting financial
"including matters related to the Company’s internal control over financial reporting and disclosure controls and procedures"
Internal control over financial reporting is a company’s system of procedures and checks designed to make sure its financial statements are accurate and complete, like a set of guardrails and verification steps that catch mistakes or fraud before numbers are published. Investors care because strong controls make reported results more trustworthy, lower the risk of surprise restatements or regulatory problems, and give greater confidence when valuing the company or comparing it to peers.
disclosure controls and procedures financial
"related to the Company’s internal control over financial reporting and disclosure controls and procedures"
Policies, routines and internal checks a public company uses to identify, collect and verify information that must appear in its financial reports and public filings, and to make sure that material news is disclosed accurately and on time. Investors care because effective controls increase confidence that the company’s reported numbers and disclosures are reliable and reduce the risk of surprises, much like a building’s inspection and alarm system helps occupants trust the structure’s safety.
Item 304(a)(1)(v) of Regulation S-K regulatory
"“reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K"
FAQ
Why did Liebman Hymowitz resign as RTGN’s independent auditor?
Liebman Hymowitz, LLP notified RetinalGenix that it would resign as independent registered public accounting firm effective July 13, 2026. The company states there were no disagreements on accounting principles, disclosures, or audit scope during 2024, 2025, or the interim period through that date.
What did the prior audit opinions say about RTGN’s financial condition?
For 2024 and 2025, Liebman Hymowitz issued unqualified audit reports on RetinalGenix’s consolidated financial statements with an explanatory paragraph noting substantial doubt about the company’s ability to continue as a going concern, highlighting liquidity and viability concerns without qualifying the opinion itself.
Were there any disagreements or reportable events between RTGN and its former auditor?
RetinalGenix reports no disagreements with Liebman Hymowitz on accounting principles, financial statement disclosure, or auditing scope. It also cites no “reportable events” under Item 304(a)(1)(v) of Regulation S-K, other than previously disclosed issues with internal control and disclosure controls.
Who is RTGN’s new independent auditor and what period will they audit?
RetinalGenix engaged Vilki & Co., Charted Accountants as its new independent registered public accounting firm on July 15, 2026. Vilki & Co. will audit the company’s financial statements for the year ending December 31, 2026 under this engagement.
Did RTGN consult Vilki & Co. on accounting issues before the engagement?
The company states that neither RetinalGenix nor anyone on its behalf consulted Vilki & Co. before engagement about accounting principles, potential audit opinions, or any matters involving disagreements or reportable events as defined in Item 304(a)(1) of Regulation S-K.
What is Exhibit 16.1 mentioned in RTGN’s disclosure?
RetinalGenix has asked Liebman Hymowitz, LLP to provide a letter to the SEC stating whether it agrees with the company’s statements about the auditor change. This correspondence is expected to be filed as Exhibit 16.1 or by amendment when received.
What internal control issues has RTGN referenced in connection with its auditor change?
The company notes there were no new reportable events beyond matters previously disclosed regarding internal control over financial reporting and disclosure controls and procedures. These control-related issues were described in earlier SEC reports rather than arising from the current auditor transition.
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