0001193125-26-142030
SEC filingArcadia Biosciences dismissed Deloitte as its independent auditor and engaged RJI as its new auditor effective March 30, 2026, with clean audit reports except for going concern qualification.
The dismissal of Deloitte & Touche LLP and engagement of Ramirez Jimenez International CPAs (RJI) occurred on March 30, 2026, approved by the Audit Committee. Deloitte's prior audit reports on fiscal years 2024 and 2025 were unqualified except for a going concern paragraph citing accumulated deficit, recurring losses, and insufficient cash resources. No disagreements or reportable events beyond previously disclosed material weaknesses in internal controls—insufficient segregation of duties and information system controls due to reduced headcount—were noted. Deloitte confirmed agreement with the company's Item 4.01(a) disclosures in Exhibit 16.1 but had no basis to comment on 4.01(b) regarding RJI. No pre-engagement consultations with RJI occurred. This change may signal efforts to address cost or control issues amid ongoing financial challenges.