Quantitative and Qualitative Disclosures About Market Risk
−Removed: “Smaller Reporting Company”, this Item and the related disclosure is not required.
+Added: a “Smaller Reporting Company”, this Item and the related disclosure is not required.
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
−Removed: the Board of Directors and
−Removed: Stockholders of EZFill Holdings, Inc.
−Removed: on the Financial Statements
+Added: the Board of Directors and Stockholders of EzFill Holdings, Inc.
+Added: on the Consolidated Financial Statements
have audited the accompanying consolidated balance sheets of EzFill Holdings, Inc.
(the Company) as of December 31, 2022 and 2021, and
−Removed: the related consolidated statements of operations, comprehensive loss, stockholders’ equity (deficit), and cash flows for each
+Added: the related consolidated statements of operations and comprehensive loss, stockholders’ equity (deficit), and cash flows for each
of the years in the two-year period ended December 31, 2022, and the related notes (collectively referred to as the financial statements).
−Removed: In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December
−Removed: 31, 2021 and 2020, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31,
−Removed: 2021, in conformity with accounting principles generally accepted in the United States of America.
+Added: In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company
+Added: as of December 31, 2022 and 2021, and the results of its operations and its cash flows for each of the years in the two-year period ended
+Added: December 31, 2022, in conformity with accounting principles generally accepted in the United States of America.
+Added: accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern.
+Added: in Note 2 to the consolidated financial statements, the Company suffered a net loss from operations and has insufficient revenues and
+Added: income to fully fund the operations, which raises substantial doubt about its ability to continue as a going concern.
+Added: plans regarding those matters are also described in Note 2.
+Added: The consolidated financial statements do not include any adjustments that
+Added: might result from the outcome of this uncertainty.
consolidated financial statements are the responsibility of the Company’s management.
1 unchanged sentence
on the Company’s consolidated financial statements based on our audits.
−Removed: We are a public accounting firm registered with the Public
−Removed: Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance
−Removed: with the U.S.
−Removed: federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
+Added: We are a public accounting firm registered with the PCAOB
+Added: and are required to be independent with respect to the Company in accordance with the U.S.
+Added: federal securities laws and the applicable
+Added: rules and regulations of the Securities and Exchange Commission and the PCAOB.
conducted our audits in accordance with the standards of the PCAOB.
5 unchanged sentences
Accordingly, we express no such opinion.
−Removed: audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error
−Removed: or fraud, and performing procedures that respond to those risks.
−Removed: Such procedures included examining, on a test basis, evidence regarding
−Removed: the amounts and disclosures in the consolidated financial statements.
−Removed: Our audits also included evaluating the accounting principles used
−Removed: and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.
−Removed: that our audits provide a reasonable basis for our opinion.
+Added: audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether
+Added: due to error or fraud, and performing procedures that respond to those risks.
+Added: Such procedures included examining, on a test basis, evidence
+Added: regarding the amounts and disclosures in the consolidated financial statements.
+Added: Our audits also included evaluating the accounting principles
+Added: used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
+Added: We believe that our audits provide a reasonable basis for our opinion.
Audit Matters
1 unchanged sentence
that were communicated or required to be communicated to the audit committee and that:
−Removed: (1) relate to accounts or disclosures that are
+Added: (1) related to accounts or disclosures that are
material to the consolidated financial statements and (2) involved our especially challenging, subjective, or complex judgments.
2 unchanged sentences
accounts or disclosures to which they relate.
+Added: Stock and Other Equity Accounts
discussed in Note 1 and Note 9 to the consolidated financial statements, the Company issues stock-based compensation in accordance with
ASC 718, Compensation.
−Removed: management’s calculation of the fair value of stock-based compensation can be a significant judgment given the fact that the Company
−Removed: uses management estimates on various inputs to the calculation.
+Added: management’s calculation of the fair value of the stock-based compensation involves significant judgments and estimates in the
+Added: various inputs to the calculation.
+Added: evaluated management’s assessment of the appropriateness and accuracy of the fair value of the stock-based compensation.
M&K CPAS, PLLC
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.