5 unchanged sentences
and CFO concluded that, due to the material weaknesses in our internal control over financial reporting as described in our Annual Report
−Removed: on Form 10-K for the year ended December 31, 2023, our disclosure controls and procedures were not effective as of June 30, 2024.
+Added: on Form 10-K for the year ended December 31, 2023, our disclosure controls and procedures were not effective as of September 30, 2024.
noted in our Annual Report on Form 10-K for the year ended December 31, 2023, we employ a decentralized internal control methodology,
16 unchanged sentences
in Internal Control Over Financial Reporting
−Removed: the six-month period ended June 30, 2024, we have implemented the following (i) a process pursuant to which System and Organization Controls
−Removed: (SOC) reports are obtained from third-party vendors on a recurring schedule and such reports are evaluated for any issues, (ii) provisioning/termination
−Removed: controls with signed and authenticated authorizations, and (iii) change controls for development processes that require authorizations,
−Removed: peer review, quality assurance documentation, ticket matching of changes to work authorizations and overall change controls.
−Removed: belief that these added controls and related actions will effectively remediate the existing material weaknesses.
−Removed: The material weaknesses
−Removed: will not be considered remediated, however, until the applicable controls operate for a sufficient period of time and management has
−Removed: concluded, through testing, that these controls are operating effectively.
−Removed: We expect that the remediation of these material weaknesses
−Removed: will be completed by the end of fiscal 2024.
−Removed: than the remediation actions above, there were no other
−Removed: changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) during the
−Removed: period covered by this report that has materially affected, or is reasonably likely to materially affect, our internal control over financial
+Added: the nine-month period ended September 30, 2024, we have implemented the following (i) a process pursuant to which System and Organization
+Added: Controls (SOC) reports are obtained from third-party vendors on a recurring schedule and such reports are evaluated for any issues, (ii)
+Added: provisioning/termination controls with signed and authenticated authorizations, and (iii) change controls for development processes that
+Added: require authorizations, peer review, quality assurance documentation, ticket matching of changes to work authorizations and overall change
+Added: It is our belief that these added controls and related actions will effectively remediate the existing material weaknesses.
+Added: The material weaknesses will not be considered remediated, however, until the applicable controls operate for a sufficient period of
+Added: time and management has concluded, through testing, that these controls are operating effectively.
+Added: than the remediation actions described above, there
+Added: were no other changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange
+Added: Act) during the period covered by this report that has materially affected, or is reasonably likely to materially affect, our
+Added: internal control over financial reporting.
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
2 unchanged sentences
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: following financial statements from Acorn Energy’s Form 10-Q for the quarter ended June 30, 2024, filed on August 8, 2024 ,
+Added: following financial statements from Acorn Energy’s Form 10-Q for the quarter ended September 30, 2024, filed on November 7,
2024 , formatted in XBRL (eXtensible Business Reporting Language):
8 unchanged sentences
its principal financial officer thereunto duly authorized.
−Removed: August 8, 2024
+Added: November 7, 2024
Financial Officer
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.