20 unchanged sentences
Commission (2013 framework) in designing a system intended to meet the needs of our Company and provide reasonable assurance for its assessment.
−Removed: Based on an evaluation of
−Removed: our internal controls over financial reporting for the six months ended June 30, 2023, our Chief Executive Officer and Chief Financial
−Removed: Officer concluded that our internal controls over financial reporting were not effective as of June 30, 2023.
−Removed: In our 2022 Form 10-K we
−Removed: reported certain material weaknesses in our internal controls over financial reporting as of December 31, 2022.
−Removed: During the first half
−Removed: of 2023, we have established written controls and operating procedures intended to address the issues reported related to determining
−Removed: the appropriate reserves to be taken with respect to our inventory and management’s review controls over the income tax provision
−Removed: in the notes to our financial statements, however, these material weaknesses noted will only be deemed to have been remediated after the
−Removed: new controls and procedures have been in place for a sufficient period of time and management has concluded through appropriate testing
−Removed: that the controls are operating effectively.
−Removed: We are continuing to assess the actions that need to be taken to remedy the material weaknesses
−Removed: in the design flaw related to granting access to our IT system
+Added: Based on an evaluation of our internal controls over financial reporting
+Added: for the nine months ended September 30, 2023, our Chief Executive Officer and Chief Financial Officer concluded that our internal controls
+Added: over financial reporting were not effective as of September 30, 2023.
+Added: In our 2022 Form 10-K, we reported certain material weaknesses in
+Added: our internal controls over financial reporting as of December 31, 2022.
+Added: During the nine months of 2023, we have established written controls
+Added: and operating procedures intended to address the issues reported related to determining the appropriate reserves to be taken with respect
+Added: to our inventory and management’s review controls over the income tax provision in the notes to our financial statements;
+Added: these material weaknesses noted will only be deemed to have been remediated after the new controls and procedures have been in place for
+Added: a sufficient period of time and management has concluded through appropriate testing that the controls are operating effectively.
+Added: in the process of remediating the material weakness in the design flaw related to a granting access to our IT system.
+Added: We believe that
+Added: this remediation will be completed late in the fourth quarter of 2023 or in the first quarter of 2024.
Changes in Internal Control
6 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.