Material weakness
high
Filing comparison
Epsilon Energy Ltd. reported a material weakness in internal control
Internal control reported effective → Material weakness in internal control
As part of our assessment of internal controls over financial reporting, management identified a material weakness related to the accounting for significant and non-standard transactions. After giving consideration to the material weakness, and the additional analyses and other procedures we performed to ensure that our Financial Statements included in this Annual Report on Form 10-K were prepared in accordance with GAAP, our management has concluded that our Financial 85 Statements present fairly, in all…
Evidence
- Current state
- material_weakness
- Current state label
- Material weakness in internal control
- Direction
- newly reported
- Prior filed
- 2025-03-19
- 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.