Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related
Audit Report or Completed Interim Review.
On November 14, 2022, the Board of Directors of Alpine 4 Holdings, Inc., a
Delaware corporation (the "Company"), in conjunction with the Audit Committee of
the Board, and following consultation with the Company's independent registered
public accounting firm, RSM US LLP ("RSM"), and the Company's prior auditors,
MaloneBailey, LLP ("MaloneBailey"), determined that the Company's December 31,
2020 financial statements in the Company's previously filed Annual Report on
Form 10-K for the year ended December 31, 2020 (the "2020 Relevant Periods"),
the financial statements in the Quarterly Reports on Form 10-Q as of and for the
quarters ended March 31, 2021, June 30, 2021 and September 30, 2021, and the
December 31, 2021 financial statements in the Annual Report on Form 10-K for the
year ended December 31, 2021 (collectively, the "2021 Relevant Periods"), as
well as the financial statements in the Quarterly Reports for the periods ended
March 31, and June 30, 2022 (the "2022 Relevant Periods) should no longer be
relied upon.
The Company determined that there were issues in the Company's accounting for
business combinations and for income taxes in the 2020, 2021, and 2022 Relevant
Periods.
The Company intends to amend its 2020 and 2021 Relevant Periods, as well as the
interim quarterly financial statements for the 2021 Relevant Periods to be
contained in the amended Annual Report on Form 10-K for the year ended December
31, 2021, to reflect restatements of its consolidated financial statements for
the 2021 Relevant Periods. Additionally, the Company intends to amend its
quarterly financial statements for the 2022 Relevant Periods.
The Company's management believes that these misstatements will have no impact
on the Company's revenues, or Adjusted EBITDA for the 2020, 2021 or 2022
Relevant Periods.
The Audit Committee of the Company's Board of Directors has discussed the
matters disclosed in this Item 4.02 with RSM, the Company's independent
registered public accounting firm, and with MaloneBailey, the Company's prior
auditors.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Description
104 Cover Page Interactive Data File (formatted as Inline XBRL)
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