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Cambium Networks (NASDAQ: CMBM) delays 2025 10‑K, restates 2022–23 results
Cambium Networks (NASDAQ: CMBM) announced a delay in filing its 2025 Form 10-K and will restate financial results for 2022 and 2023, along with several quarterly statements from 2023-2024. This delay is due to errors related to variable consideration under ASC 606, including estimates for sales returns and customer rebates. The company also anticipates disclosing substantial doubt about its ability to continue as a going concern in upcoming annual reports.