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Red Flags Detected

  • Material Weakness (new) — The company newly discloses two material weaknesses in internal control over financial reporting as of June 30 and September 30, 2025, reversing its prior statement that weaknesses had been remediated.
NASDAQ: ARAY ACCURAY INC 10-Q/A

revenue $93.9M, net income -$21.7M. Accuray 10-Q/A discloses two material weaknesses in internal controls and slashes remaining performance obligations by

Filed February 17, 2026 · Period ending September 30, 2025 · Compared to 10-Q Nov 5, 2025 · ~1 min read

Key Financials

SEC XBRL

Period financials are unchanged from the original 10-Q (same period end Sep 30, 2025). This amendment updates disclosure only — see the diff below.

Key Changes

  • high

    The company now says its disclosure controls and procedures were not effective as of September 30, 2025, due to two material weaknesses in internal control over financial reporting.

  • high

    Remaining performance obligations were restated from $866.0M to $59.3M, excluding $760.7M of open system sales orders, $22.3M of open upgrade orders, and $23.8M in customer credits.

  • high

    The material weaknesses relate to footnote disclosure review and inadequate controls for GAAP analysis during initial adoption of ASC 606.

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 30, 2026 · How we verify