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iCoreConnect Inc.

icoreconnect.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 14, 2023. Its latest SEC filing is a 15-12G from Aug 29, 2023.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Sells cloud software and managed IT services for healthcare practices and other businesses, including tools for prescriptions, insurance verification and practice workflow.

Who Were Their Customers?

Healthcare practices and providers acquire its software through its salesforce and referrals from state association marketing partners; it also offers secure email and IT services to businesses outside health care.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q2 FY2023, the three months to Jun 30, 2023
Revenue
▼ −8%
vs $2M in Q2 FY2022
Net income
▲ +82% (Loss)
vs −$1.5M in Q2 FY2022
  • May 25, 2023 Company said prior financial statements should no longer be relied upon It plans to restate annual financial statements for 2021 and 2022 and four quarterly periods after errors in warrant accounting.
  • May 19, 2023 Company canceled shareholder meeting on proposed merger The meeting had been scheduled to consider approval of the merger agreement; the company said it would announce a rescheduled date.

Insurance verification The older report lists email, coding, practice-management and prescribing software. The latest report also describes a dedicated insurance-verification service and a concierge add-on for special requests.

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