Recent Updates — PMHS
The Audit Committee concluded that unaudited financial statements for the three months ended March 31, 2026, and June 30, 2026, should no longer be relied upon due to errors in commission expense, inventory, revenue recognition, and equity classification. Management estimates these corrections will increase net loss by approximately $421,000 across the periods, with $332,000 attributed to Q1 and $89,000 to Q2. The company intends to file amended 10-Q/A reports and expects to identify material weaknesses in internal controls over financial reporting. Polomar Health Services operates in the health services industry.
Polomar Health Services announced the resignation of directors Alexandra Peterson and Gabrielle Toledano, effective October 14, 2026. Neither departure resulted from disagreements regarding operations or policies. Consequently, the Board reduced its authorized size from five members to three, leaving vacancies that have not yet been filled. The company operates in the health services sector.
Polomar Health Services, Inc. announced a significant restructuring of its board and executive leadership effective July 1, 2026. Directors David Spiegel and Terrence M. Tierney resigned from the board; Tierney remains Interim CEO. The board size was fixed at five directors, with George Hornig, Alexandra Peterson, Gabrielle Toledano, and George Caruolo elected to fill vacancies. George Hornig was appointed Executive Chairman and Board Chair, while Timothy M. Papp joined as Secretary and General Counsel. The company amended its bylaws to adopt majority voting standards for uncontested elections and updated its equity plan, reducing the automatic annual share increase from 10% to 3%. A Special Committee was established to evaluate a proposed acquisition of intellectual property from affiliates of Series A Preferred Stock holders. Polomar Health Services operates in the healthcare services industry.
Polomar Health Services, Inc. appointed Douglas Beck as Chief Financial Officer and Treasurer, effective July 15, 2026. Mr. Beck, a licensed CPA, previously held CFO roles at AiAdvertising, Inc. and ShiftPixy, Inc. Polomar Health Services, Inc. operates in the healthcare services industry.
Polomar Health Services, Inc. announced the dismissal of GreenGrowth CPAs as its independent registered public accounting firm effective July 8, 2026, and the appointment of Haskell & White LLP as its new auditor. There were no disagreements with the outgoing firm regarding accounting principles or auditing procedures. Polomar Health Services, Inc. operates in the healthcare services industry.
Effective July 1, 2026, Polomar Health Services, Inc. underwent significant governance restructuring. Directors David Spiegel and Terrence M. Tierney resigned, leading to the election of George Hornig, Alexandra Peterson, Gabrielle Toledano, and George Caruolo to a reconstituted five-member Board. George Hornig was appointed Executive Chairman, while Terrence M. Tierney assumed the role of Interim CEO. Timothy M. Papp was appointed Secretary and General Counsel. The Board established a Special Committee to evaluate a proposed acquisition of intellectual property and assets from entities affiliated with Series A Convertible Preferred Stock holders. Additionally, the company amended its equity incentive plan to reduce the annual evergreen share increase from 10% to 3% and adopted amended and restated bylaws. Polomar Health Services, Inc. is a healthcare services company.