Preaxia Health Care Payment Systems INC
Market Movers (8-K)
OID
PreAxia Health Care Payment Systems Inc. announced that its financial statements for the period ended August 31, 2025, should no longer be relied upon due to material accounting errors.
Worse than expected
Delay expected
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PreAxia Health Care Payment Systems Inc. dismissed its auditor, Sadler Gibb & Associates, after the firm identified potential errors and stated previously issued financial statements may not be reliable.
Worse than expected
Delay expected
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PreAxia Health Care Payment Systems Inc. announced the dismissal of its independent registered public accounting firm, Saddler Gibb & Associates, following a missed filing deadline and unresolved valuation discussions.
Worse than expected
Delay expected
OID
Preaxia Health Care Payment Systems Inc. has engaged Sadler Gibb and Associates as its new independent registered public accounting firm for the audit of its financial statements as of May 31, 2026.
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PreAxia Health Care Payment Systems Inc. has dismissed Fruci & Associates II, PLLC as its independent registered public accounting firm, effective December 9, 2025, with no reported disagreements.
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PreAxia Health Care Payment Systems Inc. announced a strategic pivot into personal AI-powered financial tools with the formation of new subsidiaries, Zane Inc. CA and Zane Inc. US, and the appointment of Paval Bondarev as CEO of these new ventures and to the PreAxia Board.
Capital raise
Quarterly Earnings (10-Q)
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PreAxia Health Care Payment Systems Inc. reports increased expenses and a continued net loss for the nine months ended February 28, 2026, while focusing on product development and capital raising.
Capital raise
Worse than expected
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PreAxia reports no revenue and a net loss of $857,028 for the six months ended November 30, 2025, as it pivots to AI-powered financial management software.
Capital raise
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PreAxia Health Care Payment Systems Inc. filed an amended quarterly report, correcting outstanding share counts and detailing significant debt-to-equity conversions and capital raises.
Worse than expected
Capital raise
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PreAxia Health Care Payment Systems Inc. reported a significant net loss in Q1 2026 as it ramps up development and capitalizes on non-cash equity financing.
Capital raise
Worse than expected
OID
PreAxia Health Care Payment Systems Inc. filed its Q3 2025 10-Q, revealing a critical financial state with only $3 in cash, substantial accumulated and working capital deficits, and explicit doubt about its ability to continue as a going concern, despite a reduction in net loss.
Worse than expected
Capital raise
OID
10-Q: PreAxia Health Care Payment Systems Inc. Reports Q2 2025 Results, Cites Going Concern Uncertainty
PreAxia Health Care Payment Systems Inc. reported its financial results for the quarter ended November 30, 2024, highlighting a net loss and ongoing concerns about the company's ability to continue as a going concern.
Worse than expected
Capital raise
Annual Reports (10-K)
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PreAxia Health Care Payment Systems Inc. filed an amended annual report, revealing a strategic pivot into AI-powered personal finance with its new Zane subsidiaries and significant capital requirements amidst ongoing losses.
Delay expected
Worse than expected
Capital raise
OID
PreAxia Health Care Payment Systems Inc. filed its annual 10-K report for fiscal year 2025, highlighting a net loss of $80,654 and a significant working capital deficit, alongside strategic plans for new financial products and capital raising.
Delay expected
Worse than expected
Capital raise
OID
PreAxia Health Care Payment Systems Inc. reports its financial results for the fiscal year ended May 31, 2024, highlighting a net loss and ongoing efforts to secure additional funding for its business plan.
Worse than expected
Capital raise