Nasdaq · CIK 0001138723
ARAY ACCURAY INC
F
30 / 100
Material weaknesses
3
Restatements
1
Auditor changes
0
Late filings
0
Quarters with open weakness
1
Remediations
1
Deductions
85
Remediation credit
15
Trailing 24 months from 2024-11-07. Rubric v1. How this is scored.
Disclosures, in the company's words
“The material weaknesses resulted in misstatements related to the disclosure of remaining performance obligations included in Note 2, Revenue of the Company s financial statements, which resulted in the restatement of our financial statements for the year ended June 30, 2025, and the three-months ended September 30, 2024, December 31, 2024, March 31, 2025, and September 30, 2025.”
“the Company concluded that as of June 30, 2025, September 30, 2025, December 31, 2025, March 31, 2026, and June 30, 2026, its internal control over financial reporting was not effective as a result of two material weaknesses, including one material weakness that had not been remediated as of June 30, 2026.”
“inadequate controls to appropriately analyze all relevant information required for complete and accurate presentation and disclosure under GAAP principally resulting from incorrect assessment during the initial adoption of ASC 606”
“The material weaknesses related to the review of the footnote schedules supporting financial statement disclosures”
“We have identified material weaknesses in our system of internal controls as of June 30, 2025, September 30, 2025, December 31, 2025, and March 31, 2026, of which one material weakness remained unremediated as of June 30, 2026.”
Remediation disclosed
- 10-Q · filed 2026-11-06 · source filing ↗
“we previously identified material weaknesses in our system of internal controls as of June 30, 2024, which were remediated as of March 31, 2025.”
- 10-Q · filed 2026-11-06 · source filing ↗
“As of September 30, 2026, we concluded that the remaining material weakness had been remediated.”
- 10-Q · filed 2026-11-06 · source filing ↗
“Although the remaining material weakness was remediated as of September 30, 2026, if we fail to maintain an effective system of internal control over financial reporting, our ability to produce timely and accurate financial results could be adversely impacted.”
- 10-Q · filed 2026-11-06 · source filing ↗
“As of September 30, 2026, these control activities have been appropriately designed and implemented and have operated effectively for a sufficient period of time to conclude that the previously identified material weakness has been remediated.”
Filings read
- 10-Q · 2026-11-06read
- 10-K · 2026-08-27queued
- 8-K · 2026-07-29queued
- 10-Q · 2026-05-06queued
- 10-K/A · 2026-02-17queued
- 10-Q · 2026-02-17queued
- 10-Q/A · 2026-02-17queued
- 8-K · 2026-02-09queued
- 10-Q · 2025-11-05queued
- 10-K · 2025-08-28queued
- 10-Q · 2025-05-02queued
- 10-Q · 2025-02-05queued
- 10-Q · 2024-11-06queued
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