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Graphene & Solar Technologies Ltd (GSTX): material weakness open at least 2,220 days

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

Graphene & Solar Technologies Ltd reported ineffective internal control over financial reporting because of a material weakness in 27 filings since Feb 17, 2021. The latest was its 10-Q for the period ended Jun 30, 2026.

Ctrl Worx Watch List™ status

On the Clock
6.1 yearsopen since at least Sep 30, 2020
10-Q, Aug 14, 2026latest filing that reports the weakness. Read it on SEC EDGAR
#30 of 1,250on the Clock by time open, tied with 6 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 #10841

Filings with a weakness27
First in our dataFeb 17, 2021
AuditorM&K CPAS

Causes the company named

Segregation of duties · 27Accounting expertise and resources · 25Financial close and reporting · 8

Inadequate segregation of duties, insufficient accounting expertise, and ineffective controls over journal entries and disclosures.

What the latest filing says

Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of September 30, 2025 due to the material weaknesses in internal control over financial reporting described below. Management’s Annual Report on Internal Control over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act). Internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Management conducted an assessment of the effectiveness of our internal control over financial reporting as of September 30, 2024 based on the criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission ( [...]

From the controls section of the 10-Q filed Aug 14, 2026. Read the full filing on SEC EDGAR.

Company response: Graphene & Solar Technologies Ltd 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 14, 202610-QJun 30, 2026Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
May 15, 202610-QMar 31, 2026Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Apr 10, 202610-QDec 31, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Feb 25, 202610-KSep 30, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Nov 12, 202510-QJun 30, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Nov 12, 202510-Q/AJun 30, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Oct 20, 202510-QMar 31, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Oct 20, 202510-QDec 31, 2024Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Mar 18, 202610-K/ASep 30, 2024Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Feb 2, 202610-K/ASep 30, 2024Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Jul 15, 202510-KSep 30, 2024Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Oct 9, 202410-QJun 30, 2024Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
May 24, 202410-QMar 31, 2024Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Mar 27, 202410-QDec 31, 2023Not effectiveSegregation of dutiesEDGAR
Jan 16, 202410-KSep 30, 2023Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Sep 13, 202310-QJun 30, 2023Not effectiveSegregation of dutiesEDGAR
Aug 4, 202310-QMar 31, 2023Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Jun 29, 202310-QDec 31, 2022Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Apr 12, 202310-KSep 30, 2022Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Aug 18, 202210-QJun 30, 2022Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Aug 4, 202210-QMar 31, 2022Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Jul 29, 202210-QDec 31, 2021Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
May 24, 202210-KSep 30, 2021Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Sep 2, 202110-QJun 30, 2021Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
May 27, 202110-QMar 31, 2021Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Mar 23, 202110-QDec 31, 2020Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR
Feb 17, 202110-KSep 30, 2020Not effectiveSegregation of duties; Accounting expertise and resourcesEDGAR

Others on the Clock in the same industry

By SEC industry code: 1000, Metal Mining, 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 Graphene & Solar Technologies Ltd or the SEC. Not investment advice. Why you can rely on the Watch List.