Filing Signals

Source: SEC EDGAR Compiled 2026-09-14 08:28 UTC All 21 checks passing

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MILESTONE SCIENTIFIC INC.

CIK 855683 MLSS·Manufacturing · All EDGAR filings ↗

Progression

  1. Going concern 10-K
  2. Auditor change 8-K +36d
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Form
An amendment is grouped with the report it amends; every 12b-25 notice is one group

Auditor change SEC item code

MILESTONE SCIENTIFIC INC. dismissed CBIZ and engaged Grassi

The company dismissed the auditor. CBIZ → Grassi No disagreements disclosed.

Evidence
Direction
dismissed
Direction label
The company dismissed the auditor
Disagreements disclosed
No
Item code
4.01
Item title
Changes in Registrant's Certifying Accountant
Predecessor auditor
CBIZ
Predecessor tier
national
Severity
normal
Source
SEC 8-K item code
Successor auditor
Grassi
Successor tier
national
Why
The company's independent registered accounting firm changed.

Source filing ↗

Going concern Filing comparison

MILESTONE SCIENTIFIC INC. disclosed substantial doubt about its ability to continue as a going concern

Substantial doubt raised, alleviated by management's plans → Substantial doubt about ability to continue as a going concern

Going Concern and Liquidity Management’s assessment of the Company’s ability to continue as a going concern requires significant judgment and is based on estimates regarding future revenues, operating expenses, working capital requirements, timing of cash flows, and access to additional sources of capital. The Company has incurred recurring operating losses and has an accumulated deficit. In addition, the Company’s available cash and cash equivalents are not sufficient to fund operations for at least twelve months from the issuance date of these financial statements without obtaining…
Evidence
Blank check
No
Comparable
Yes
Current state
substantial_doubt
Current state label
Substantial doubt about ability to continue as a going concern
Direction
escalated
Located in
going-concern note
Prior filed
2025-04-15
Prior form
10-K
Prior state
doubt_alleviated
Prior state label
Substantial doubt raised, alleviated by management's plans
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗

Revenue recognition change beta Filing comparison

MILESTONE SCIENTIFIC INC. changed its revenue recognition disclosure

Revenue recognition is a critical accounting estimate due to the judgment required in determining the timing of revenue recognition, identifying performance obligations, and estimating variable consideration, including returns and discounts.
Evidence
New language
Revenue recognition is a critical accounting estimate due to the judgment required in determining the timing of revenue recognition, identifying performance obligations, and estimating variable consideration, including returns and discounts., The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers.
Prior filed
2025-04-15
Prior form
10-K
Similarity
0.005
Source
revenue recognition note comparison
Threshold
0.6
Why
The revenue recognition policy disclosure changed materially from the previous comparable filing.

Language present now, absent from the prior filing:

  • Revenue recognition is a critical accounting estimate due to the judgment required in determining the timing of revenue recognition, identifying performance obligations, and estimating variable consideration, including returns and discounts.
  • The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers.

Source filing ↗ Prior filing ↗