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Ethema Health Corp: material weakness open at least 2,128 days
By Russell Tomoum, Ctrl Worx™. Built from its own SEC filings. How the Clock works.
Ethema Health Corp reported ineffective internal control over financial reporting because of a material weakness in 6 filings since Apr 15, 2021. The latest was its 10-K for the period ended Dec 31, 2025.
Ctrl Worx Watch List™ status
On the ClockBehind on filings: late notice for the quarter ended Jun 30, 2026, no report since Jul 1, 2026. No annual report of its own says the weakness is fixed.
Checked against SEC EDGAR: Oct 29, 2026 · Entry #10110
Causes the company named
Segregation of duties · 6Accounting expertise and resources · 4Entity-level and governance · 3
Limited segregation of duties from a small staff, and insufficient written documentation of internal control policies and procedures.
What the latest filing says
was not effective due to material weaknesses related to a limited segregation of duties due to our limited resources and the small number of employees. Management has determined that this control deficiency constitutes a material weakness which could result in material misstatements of significant accounts and disclosures that could result in a material misstatement to our interim or annual financial statements that would not be prevented or detected. In addition, due to limited staffing, we are not always able to detect minor errors or omissions in reporting. This Annual Report does not include an attestation report of our independent registered public accounting firm regarding management’s assessment of our internal control over financial reporting pursuant to temporary rules of the SEC. Evaluation of Disclosure Controls and Procedures In designing and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable and not absolute assurance of achieving the desired co [...]
From the controls section of the 10-K filed Jul 1, 2026. Read the full filing on SEC EDGAR.
Company response: Ethema Health Corp 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 |
|---|---|---|---|---|---|
| Jul 1, 2026 | 10-K | Dec 31, 2025 | Not effective | Segregation of duties; Entity-level and governance | EDGAR |
| May 23, 2025 | 10-K | Dec 31, 2024 | Not effective | Segregation of duties; Entity-level and governance | EDGAR |
| May 7, 2024 | 10-K | Dec 31, 2023 | Not effective | Segregation of duties; Accounting expertise and resources; Entity-level and governance | EDGAR |
| Mar 31, 2023 | 10-K | Dec 31, 2022 | Not effective | Segregation of duties; Accounting expertise and resources | EDGAR |
| Apr 14, 2022 | 10-K | Dec 31, 2021 | Not effective | Segregation of duties; Accounting expertise and resources | EDGAR |
| Apr 15, 2021 | 10-K | Dec 31, 2020 | Not effective | Segregation of duties; Accounting expertise and resources | EDGAR |
Others on the Clock in the same industry
By SEC industry code: 8062, Services-General Medical & Surgical Hospitals, NEC, then related codes.
- Agape ATP Corp (ATPC) · open since Dec 2020 or earlier
- BioCorRx Inc. (BICX) · open since Dec 2020 or earlier
- Edgemode, Inc. (EDGM) · open since Dec 2020 or earlier
- Elite Health Systems Inc. (EHSI) · open since Dec 2020 or earlier
- LifeMD, Inc. (LFMD) · open since Dec 2020 or earlier
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