TherapeuticsMD, Inc. (TXMD)

Key Insights

• TherapeuticsMD, Inc. has appointed a new independent registered public accounting firm, Carr, Riggs & Ingram, L.L.C., after its previous auditor, Berkowitz Pollack Brant Advisors + CPAs, ceased serving as the company's auditor due to a transaction.
• The company's previous auditor's reports on the financial statements for fiscal years 2023 and 2024 included an explanatory paragraph regarding the company's ability to continue as a going concern, which may indicate ongoing financial challenges.
• There were no disagreements between the company and its previous auditor, and the company did not consult the new auditor on any accounting, auditing, or financial reporting issues prior to their appointment.