DarioHealth Corp. 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Filing date:

03/14/2025


TLDR:

DarioHealth Corp. engaged Kesselman & Kesselman (PwC) as its new independent registered public accounting firm and dismissed Kost, Forer, Gabbay & Kasierer (EY).

ELI5:

DarioHealth changed their accounting firm from EY to PwC. The previous audits by EY were clean, meaning there were no major issues found.


Accession #:

0001104659-25-023589

Published on

Analyst Summary

  • DarioHealth Corp. replaced its independent registered public accounting firm, dismissing Ernst & Young (EY) and engaging Kesselman & Kesselman (PwC) on March 12, 2025.
  • EY’s audit reports for the fiscal years ended December 31, 2024 and 2023 had no adverse opinions, disclaimers, qualifications, or modifications regarding uncertainty, audit scope, or accounting principles.
  • There were no disagreements between DarioHealth and EY on accounting principles, practices, financial statement disclosure, or auditing scope/procedure during the fiscal years ended December 31, 2024 and 2023, and the subsequent interim period through March 12, 2025.
  • DarioHealth consulted with PwC on accounting matters relating to financial reporting, valuation of financial instruments, incremental borrowing rates, and goodwill impairment tests during the fiscal years ended December 31, 2024 and 2023.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️