Ctrl Worx Watch List › Company
AEVEX Corp. (AVEX): material weakness open 212 days
By Russell Tomoum, Ctrl Worx™. Built from its own SEC filings. How the Clock works.
AEVEX Corp. stated in 2 SEC filings since May 20, 2026 that it has one or more material weaknesses in its internal control over financial reporting. The filings 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 ClockStill filing, and no annual report of its own says the weakness is fixed.
Checked against SEC EDGAR: Oct 29, 2026 · Entry #12599
Causes the company named
Segregation of duties · 2Financial close and reporting · 2Accounting expertise and resources · 2ITGC: general · 2ITGC: user access · 2ITGC: change management · 2Entity-level and governance · 2
What the latest filing says
Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of June 30, 2026, our disclosure controls and procedures were not effective, due to the material weaknesses in our internal control over financial reporting described below. Material Weaknesses in Internal Control Over Financial Reporting A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim consolidated financial statements will not be prevented or detected on a timely basis. As previously reported, we identified material weaknesses in our internal control over financial reporting. We did not design and maintain an effective control environment, as we lacked a sufficient complement of personnel with an appropriate level of internal controls and accounting knowledge, training and experience commensurate with our financial reporting requirements. The limited personnel resulted in our inability to consistently establish appr [...]
From the controls section of the 10-Q filed Aug 12, 2026. Read the full filing on SEC EDGAR.
Company response: AEVEX 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 |
|---|---|---|---|---|---|
| Aug 12, 2026 | 10-Q | Jun 30, 2026 | Material weakness stated, no ICFR conclusion | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: general; ITGC: user access; ITGC: change management; Entity-level and governance | EDGAR |
| May 20, 2026 | 10-Q | Mar 31, 2026 | Material weakness stated, no ICFR conclusion | Segregation of duties; Financial close and reporting; Accounting expertise and resources; ITGC: user access; ITGC: change management; ITGC: general; Entity-level and governance | EDGAR |
Others on the Clock in the same industry
By SEC industry code: 3721, Aircraft, then related codes.
- AeroVironment Inc (AVAV) · open since Jan 2026
- Matternet, Inc. · open since Jun 2026
- AIRO Group Holdings, Inc. (AIRO) · open since Jun 2025
- SDR Drone, Inc. (SDCO) · open since Dec 2022
- DYNAMIC AEROSPACE SYSTEMS Corp (BRQL) · open since Dec 2021
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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 AEVEX Corp. or the SEC. Not investment advice. Why you can rely on the Watch List.