Ctrl Worx Watch List › Company

AI Financial Corp (AIFC): material weakness open 2,126 days

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

AI Financial Corp reported ineffective internal control over financial reporting because of a material weakness in 25 filings since Mar 30, 2021. The latest was its 10-Q for the period ended Jun 27, 2026.

Ctrl Worx Watch List™ status

On the Clock
5.8 yearsopen since Jan 2, 2021
10-Q, Aug 17, 2026latest filing that reports the weakness. Read it on SEC EDGAR
#297 of 1,250on the Clock by time open, tied with 2 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 #10163

Filings with a weakness25
First in our dataMar 30, 2021
AuditorL J Soldinger Associates, LLC

Causes the company named

Segregation of duties · 22Financial close and reporting · 14ITGC: general · 14Complex or non-routine accounting · 11Entity-level and governance · 11Other · 9Accounting expertise and resources · 2Revenue recognition · 1

What the latest filing says

officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure due to material weaknesses in internal control over financial reporting further described below. Despite the identified material weaknesses, management concluded that the consolidated financial statements included in this Quarterly Report on Form 10-Q present fairly, in all material respects, the financial position, results of operations and cash flows for the periods disclosed in conformity with GAAP. LJ Soldinger Associates, LLC, the Company’s independent registered public accounting firm, issued an unqualified opinion on our consolidated financial statements as of and for the year ended December 27, 2025. They were not engaged to perform, and did not perform, an audit of internal control over financial reporting. This material weakness has no impact on our consolidated financial statements in prior years. Management’s Report on Internal Control Over Financial Reporting. Our management is responsible for establishing and maintaining adequate internal control over fina [...]

From the controls section of the 10-Q filed Aug 17, 2026. Read the full filing on SEC EDGAR.

Company response: AI Financial Corp 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 17, 202610-QJun 27, 2026Not effectiveComplex or non-routine accounting; Entity-level and governance; Revenue recognitionEDGAR
May 18, 202610-QMar 28, 2026Not effectiveComplex or non-routine accounting; Entity-level and governanceEDGAR
Apr 13, 202610-KDec 27, 2025Not effectiveComplex or non-routine accounting; Entity-level and governanceEDGAR
Jan 12, 202610-QSep 27, 2025Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Aug 12, 202510-QJun 28, 2025Not effectiveSegregation of duties; Entity-level and governanceEDGAR
May 13, 202510-QMar 29, 2025Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Mar 28, 202510-KDec 28, 2024Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 12, 202410-QSep 28, 2024Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Aug 19, 202410-QJun 29, 2024Not effectiveSegregation of duties; Entity-level and governanceEDGAR
May 3, 202410-QMar 30, 2024Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Apr 8, 202410-KDec 30, 2023Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Nov 14, 202310-QSep 30, 2023Not effectiveSegregation of duties; Complex or non-routine accounting; ITGC: general; OtherEDGAR
Aug 15, 202310-QJul 1, 2023Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: general; OtherEDGAR
May 22, 202310-QApr 1, 2023Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: general; OtherEDGAR
Apr 17, 202310-KDec 31, 2022Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: general; OtherEDGAR
Apr 25, 202310-Q/AOct 1, 2022Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: generalEDGAR
Nov 14, 202210-QOct 1, 2022Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: generalEDGAR
Apr 25, 202310-Q/AJul 2, 2022Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; Entity-level and governanceEDGAR
Aug 15, 202210-QJul 2, 2022Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: generalEDGAR
May 12, 202210-QApr 2, 2022Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; OtherEDGAR
Apr 1, 202210-KJan 1, 2022Not effectiveSegregation of duties; Financial close and reporting; Complex or non-routine accounting; ITGC: generalEDGAR
Nov 15, 202110-QOct 2, 2021Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; OtherEDGAR
Aug 16, 202110-QJul 3, 2021Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; OtherEDGAR
May 17, 202110-QApr 3, 2021Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; OtherEDGAR
Mar 30, 202110-KJan 2, 2021Not effectiveSegregation of duties; Financial close and reporting; ITGC: general; OtherEDGAR

Others on the Clock in the same industry

By SEC industry code: 6221, Commodity Contracts Brokers & Dealers, 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 AI Financial Corp or the SEC. Not investment advice. Why you can rely on the Watch List.