Mannatech, Incorporated has changed its independent registered public accounting firm, dismissing BDO USA, P.C. and appointing CBIZ CPAs P.C. as its new auditor. The change was approved by the company's Audit Committee and became effective on October 15, 2026. Notably, BDO's most recent annual audit report for the fiscal year 2025 included a warning regarding the company's ability to continue as a going concern.
Key Details
- New Auditor: CBIZ CPAs P.C. was engaged as the new independent auditor for the fiscal year ending December 31, 2026.
- Former Auditor: BDO USA, P.C. was dismissed on October 15, 2026. The company stated there were no disagreements on accounting principles or practices with BDO.
- 'Going Concern' Warning: BDO's audit report for the fiscal year ended December 31, 2025, contained an explanatory paragraph expressing substantial doubt about the company's ability to continue as a "going concern."