AirSculpt files 10-K/A, restates non-GAAP metrics after $2.6 million overstatement

Reuters04-06
AirSculpt files 10-<a href="https://laohu8.com/S/TKKD.SI">K</a>/A, restates non-GAAP metrics after $2.6 million overstatement
  • AirSculpt filed an amended annual report for fiscal 2025 to correct restated non-GAAP results in its MD&A.
  • Adjusted EBITDA and adjusted net loss or income were overstated by about $2.6 million due to an inaccurate one-time non-cash adjustment tied to closure of its London facility.
  • Adjusted EBITDA margin was overstated by about 1.7%.
  • A tax-effect adjustment overstated adjusted net loss or income by $2.7 million, leaving a net overstatement of $0.1 million.
  • GAAP financial statements and audit opinion were not affected.


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