Ctrl Worx Watch List › Company
BioCrude Technologies USA, Inc.: material weakness open at least 2,128 days
By Russell Tomoum, Ctrl Worx™. Built from its own SEC filings. How the Clock works.
BioCrude Technologies USA, Inc. reported ineffective internal control over financial reporting because of a material weakness in 7 filings since Feb 12, 2021. The latest was its 10-K for the period ended Dec 31, 2025.
Ctrl Worx Watch List™ status
On the ClockStill filing, and no annual report of its own says the weakness is fixed.
Checked against SEC EDGAR: Oct 29, 2026 · Entry #11290
Causes the company named
Segregation of duties · 7Accounting expertise and resources · 7Entity-level and governance · 7Financial close and reporting · 4ITGC: general · 4
Inadequate control activities, policies, procedures, and control environment due to resource constraints and limited oversight.
What the latest filing says
covered by this report, such internal controls and procedures were not effective due to the following material weaknesses identified: 1) Inadequate control activities or formal accounting policies or procedures as a result of: (i) Lack of appropriate segregation of duties, (ii) Lack of control procedures that include multiple levels of supervision and review, (iii) An overreliance upon independent financial reporting consultants for review of critical accounting areas and disclosures and material nonstandard transactions, and (iv) Lack of IT controls within the financial reporting process. 2) Inadequate control environment, specifically: (i) No risk assessment, information, or communication, or monitoring processes exist, (ii) There are no policies requiring formal written approval of related party transactions, and (iii) While corporate governance has been established, it is inadequate as a result of limited resources and oversight. This annual report does not include an attestation report of the Company’s registered public accounting firm regarding internal cont [...]
From the controls section of the 10-K filed Mar 27, 2026. Read the full filing on SEC EDGAR.
Company response: BioCrude Technologies USA, Inc. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.
Filings
| Filed | Form | Period | Controls | Causes | Filing |
|---|---|---|---|---|---|
| Mar 27, 2026 | 10-K | Dec 31, 2025 | Not effective | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: general; Entity-level and governance | EDGAR |
| Mar 27, 2025 | 10-K | Dec 31, 2024 | Not effective | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: general; Entity-level and governance | EDGAR |
| Mar 27, 2024 | 10-K | Dec 31, 2023 | Not effective | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: general; Entity-level and governance | EDGAR |
| Mar 29, 2023 | 10-K | Dec 31, 2022 | Not effective | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: general; Entity-level and governance | EDGAR |
| Mar 23, 2022 | 10-K | Dec 31, 2021 | Not effective | Segregation of duties; Accounting expertise and resources; Entity-level and governance | EDGAR |
| Feb 16, 2021 | 10-K/A | Dec 31, 2020 | Not effective | Segregation of duties; Accounting expertise and resources; Entity-level and governance | EDGAR |
| Feb 12, 2021 | 10-K | Dec 31, 2020 | Not effective | Segregation of duties; Accounting expertise and resources; Entity-level and governance | EDGAR |
Others on the Clock in the same industry
By SEC industry code: 4953, Refuse Systems, then related codes.
- SusGlobal Energy Corp. (SNRG) · open since Dec 2020 or earlier
- Summit Networks Inc. (SNTW) · open since Mar 2021
- Vivakor, Inc. (VIVK) · open since Dec 2021
- Deep Isolation Nuclear, Inc. (DBHL) · open since Sep 2025
- Deep Green Waste & Recycling, Inc. · open since Dec 2020 or earlier
Follow BioCrude Technologies USA, Inc. for free
Get an email when BioCrude Technologies USA, Inc files a 10-K or 10-Q that reports a material weakness, or says its controls are effective again.
Want the next one the day it's filed?
MW Pro sends an alert the day a company you follow reports a material weakness or says it fixed one. Founding price $990 a year.
Join the MW Pro waitlistLook up any company in Controls Radar™Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx. The filings are the authority. Ctrl Worx is not affiliated with BioCrude Technologies USA, Inc. or the SEC. Not investment advice. Why you can rely on the Watch List.