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TransparentBusiness, Inc.: material weakness open 1,763 days

By , Ctrl Worx™. Built from its own SEC filings. How the Clock works.

TransparentBusiness, Inc. reported ineffective internal control over financial reporting because of a material weakness in 10 filings since Jul 19, 2022. It stated one or more material weaknesses in 9 more SEC filings that gave no conclusion on whether that control is effective. The latest was its 10-Q for the period ended Jun 30, 2026.

Ctrl Worx Watch List™ status

On the Clock
4.8 yearsopen since Dec 31, 2021
10-Q, Aug 5, 2026latest filing that reports the weakness. Read it on SEC EDGAR
#416 of 1,250on the Clock by time open, tied with 41 other companies that share its start date. See the Clock

Still filing, and no annual report of its own says the weakness is fixed.

Checked against SEC EDGAR: Oct 29, 2026 · Entry #11398

Filings with a weakness19
First in our dataJul 19, 2022
AuditorKreit and Chiu CPA LLP

Causes the company named

Segregation of duties · 17ITGC: general · 10Entity-level and governance · 10Accounting expertise and resources · 7Not described · 2

What the latest filing says

Controls and Procedures. Evaluation of Disclosure Controls and Procedures Based on an evaluation under the supervision and with the participation of the Company’s management, and due to the material weakness in internal controls over financial reporting described below, the Company’s principal executive officer and principal financial officer have concluded that the Company’s disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act were not effective for the period ended March 31, 2026 to provide reasonable assurance that information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in the SEC rules and forms and (ii) accumulated and communicated to the Company’s management, including its principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure. Inherent Limitations Over Internal Controls The Company’s internal control over [...]

From the controls section of the 10-Q filed Aug 5, 2026. Read the full filing on SEC EDGAR.

Company response: TransparentBusiness, Inc. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

FiledFormPeriodControlsCausesFiling
Aug 5, 202610-QJun 30, 2026Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
May 15, 202610-QMar 31, 2026Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
Apr 1, 202610-KDec 31, 2025Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Nov 14, 202510-QSep 30, 2025Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
Aug 14, 202510-QJun 30, 2025Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
Aug 4, 202510-QMar 31, 2025Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
Apr 15, 202510-KDec 31, 2024Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Nov 14, 202410-QSep 30, 2024Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
Aug 19, 202410-QJun 30, 2024Material weakness stated, no ICFR conclusionSegregation of duties; Accounting expertise and resourcesEDGAR
May 15, 202410-QMar 31, 2024Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Apr 2, 202410-KDec 31, 2023Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Nov 14, 202310-QSep 30, 2023Material weakness stated, no ICFR conclusionNot describedEDGAR
Aug 14, 202310-QJun 30, 2023Material weakness stated, no ICFR conclusionNot describedEDGAR
May 15, 202310-QMar 31, 2023Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Mar 31, 202310-KDec 31, 2022Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Nov 14, 202210-QSep 30, 2022Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Oct 31, 202210-QJun 30, 2022Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Oct 31, 202210-QMar 31, 2022Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR
Jul 19, 202210-KDec 31, 2021Not effectiveSegregation of duties; ITGC: general; Entity-level and governanceEDGAR

Others on the Clock in the same industry

By SEC industry code: 7372, Services-Prepackaged Software, then related codes.

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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 TransparentBusiness, Inc. or the SEC. Not investment advice. Why you can rely on the Watch List.