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Nocera, Inc. announced on August 14, 2026, that its Board of Directors concluded previously issued consolidated…
NCRANocera, Inc.
Nocera, Inc. announced on August 14, 2026, that its Board of Directors concluded previously issued consolidated financial statements for fiscal years ended December 31, 2024 and 2025 should no longer be relied upon due to identified errors requiring restatement. The adjustments primarily involve a $1,351,703 reduction in goodwill for 2024, reclassifications of accounts receivable and prepaid expenses, and recognition of additional income tax payable and lease liabilities. For 2025, net sales were reduced by approximately $2,597,349 with corresponding cost reductions, leaving the total net loss unchanged for both years. The company attributed these errors to material weaknesses in internal controls over financial reporting and is implementing remedial measures including IT system investments and enhanced training. Nocera, Inc. operates in the technology sector, focusing on digital solutions and services.