Infinite Group, Inc. Auditor Raises 'Going Concern' Doubt
May 08, 2023
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Infinite Group, Inc. filed its 10-K on May 09, 2023 for the period ending Dec 31, 2022. In this report its auditor, Freed Maxick CPAs, P.C, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Infinite Group, Inc. is a developer of cybersecurity software and related cybersecurity consulting, advisory, and managed information security services. The Company's cybersecurity services include Chief Information Security Team as a Service (CISOTaaS), PenLogic penetration testing services, security assessments, incident response and others, and are provided through its channel partners and direct-to-end customers. Its Nodeware is a patented software-as-a-service (SaaS) solution that automates network asset identification, and cybersecurity vulnerability management and monitoring. Its Webroot is a cloud-based endpoint security platform solution, it markets to and provides support for approximately 225 small channel partners across North America. It sells its software and services through indirect channels such as managed service providers (MSPs), managed security services providers (MSSPs), agents and distributors, and government contractors.