Trump Media kept carrying a controls warning through 2025 filings
Trump Media said in its February 14, 2025 annual report that it had found a material weakness in internal control over financial reporting, then said in its June 30, 2025 quarterly filing that the weakness was still not remediated. The disclosure did not mean the company had misstated its books, but it did mean investors were being asked to trust a controls system the company had already flagged as incomplete.