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Greenwave Technology Solutions, Inc. (GWAV): material weakness open at least 2,128 days

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

Greenwave Technology Solutions, Inc. reported ineffective internal control over financial reporting because of a material weakness in 13 filings since Apr 16, 2021. It stated one or more material weaknesses in 8 more SEC filings that gave no conclusion on whether that control is effective. The latest was its 10-K for the period ended Dec 31, 2025.

Ctrl Worx Watch List™ status

On the Clock
5.8 yearsopen since at least Dec 31, 2020
10-K, Jun 15, 2026latest filing that reports the weakness. Read it on SEC EDGAR
#60 of 1,250on the Clock by time open, tied with 236 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 #11045

Filings with a weakness21
First in our dataApr 16, 2021
AuditorRBSM LLP

Causes the company named

Financial close and reporting · 20Segregation of duties · 19Accounting expertise and resources · 16Entity-level and governance · 5Not described · 1ITGC: user access · 1

Lack of segregation of duties and weak control environment prevented timely identification of adjustments and disclosures.

What the latest filing says

address the material weaknesses, we performed additional analysis and other post-closing procedures in an effort to ensure our financial statements included in this Annual Report on Form 10-K have been prepared in accordance with generally accepted accounting principles in the U.S. Accordingly, management believes that the financial statements included in this Annual Report fairly present in all material respects our financial condition, results of operations and cash flows for the periods presented. Our principal executive officer and principal financial officer do not expect that our disclosure controls and procedures or our internal controls will prevent all error or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of contr [...]

From the controls section of the 10-K filed Jun 15, 2026. Read the full filing on SEC EDGAR.

Company response: Greenwave Technology Solutions, 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
Jun 15, 202610-KDec 31, 2025Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resources; Entity-level and governanceEDGAR
Mar 6, 202610-QSep 30, 2025Material weakness stated, no ICFR conclusionNot describedEDGAR
Feb 5, 202610-QJun 30, 2025Material weakness stated, no ICFR conclusionFinancial close and reporting; ITGC: user accessEDGAR
Apr 15, 202510-KDec 31, 2024Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Nov 15, 202410-QSep 30, 2024Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Aug 19, 202410-QJun 30, 2024Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
May 20, 202410-QMar 31, 2024Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Apr 16, 202410-KDec 31, 2023Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Nov 14, 202310-QSep 30, 2023Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Aug 14, 202310-QJun 30, 2023Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
May 15, 202310-QMar 31, 2023Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Apr 13, 202310-K/ADec 31, 2022Not effectiveSegregation of duties; Financial close and reportingEDGAR
Mar 31, 202310-KDec 31, 2022Not effectiveSegregation of duties; Financial close and reportingEDGAR
Aug 10, 202210-QJun 30, 2022Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
May 16, 202210-QMar 31, 2022Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Apr 14, 202210-KDec 31, 2021Not effectiveSegregation of duties; Financial close and reportingEDGAR
Dec 7, 202110-Q/ASep 30, 2021Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 22, 202110-QSep 30, 2021Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resources; Entity-level and governanceEDGAR
Aug 23, 202110-QJun 30, 2021Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resourcesEDGAR
Jun 25, 202110-QMar 31, 2021Material weakness stated, no ICFR conclusionSegregation of duties; Financial close and reporting; Accounting expertise and resources; Entity-level and governanceEDGAR
Apr 16, 202110-KDec 31, 2020Not effectiveSegregation of duties; Financial close and reporting; Accounting expertise and resources; Entity-level and governanceEDGAR

Others on the Clock in the same industry

By SEC industry code: 5051, Wholesale-Metals Service Centers & of fices, 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 Greenwave Technology Solutions, Inc. or the SEC. Not investment advice. Why you can rely on the Watch List.