ACCURAY INC reported a material weakness in internal control
Internal control reported effective→Material weakness in internal control
… could adversely impact our business. ● Third parties may claim we are infringing their intellectual property or that we are operating outside the scope of or violating a license or other agreement relating to their intellectual property. ● It is difficult and costly to protect our intellectual property and our proprietary technologies and we may not be able to ensure their protection. ● We have identified material weaknesses in our system of internal controls as of June 30, 2025 and are in the process of…
Evidence
Current state
material_weakness
Current state label
Material weakness in internal control
Direction
newly reported
Prior filed
2025-08-28
Prior form
10-K
Prior state
effective
Prior state label
Internal control reported effective
Remediation stated
Yes
Severity
high
Source
Item 9A internal control conclusion, compared with the prior filing
Why
The company's conclusion on internal control over financial reporting changed: a material weakness was newly reported, or a previously reported one no longer appears.
ACCURAY INC told the SEC it could not file its quarterly report on time
Does not expect a significant change in results.Filed 5 days before the statutory due date.
Accuray Incorporated (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 (the “Quarterly Report”) within the prescribed time period without unreasonable effort and expense for the reasons described below. As disclosed in the Company’s Form 8-K filed with the Securities and Exchange Commission on February 9, 2026, the Company recently discovered errors related to the disclosure of remaining performance obligations (“RPO”) included in Note 2, Revenue, within previously filed Form 10-K for the fiscal year ended June 30, 2025, and Form 10-Q filed during the 2025 fiscal year and for the quarter ended September 30, 2025 (“Affected Financial…
Evidence
Anticipates significant change
No
Days past due date
-5
Other periodic reports filed
Yes
Routine
No
Severity
high
Source
Form 12b-25 (notification of late filing)
Stated reason
Accuray Incorporated (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 (the “Quarterly Report”) within the prescribed time period without unreasonable effort and expense for the reasons described below. As disclosed in the Company’s Form 8-K filed with the Securities and Exchange Commission on February 9, 2026, the Company recently discovered errors related to the disclosure of remaining performance obligations (“RPO”) included in Note 2, Revenue, within previously filed Form 10-K for the fiscal year ended June 30, 2025, and Form 10-Q filed during the 2025 fiscal year and for the quarter ended September 30, 2025 (“Affected Financial…
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.