6 unchanged sentences
to management, including our principal executive and financial officers, to allow timely decisions regarding required disclosure.
−Removed: Chief Executive Officer and Chief Financial Officer, with assistance from other members of management,
−Removed: have evaluated the effectiveness of our disclosure controls and procedures as of March 31, 2026, and based on their evaluation, have
−Removed: concluded that our disclosure controls and procedures were not effective as of such date due to material weaknesses in internal control
−Removed: over financial reporting, described below.
+Added: Chief Executive Officer and Chief Financial Officer, with assistance from other members of management, have evaluated the effectiveness
+Added: of our disclosure controls and procedures as of June 30, 2026, and based on their evaluation, have concluded that our disclosure controls
+Added: and procedures were not effective as of such date due to material weaknesses in internal control over financial reporting, described
and Remediation of Material Weaknesses
2 unchanged sentences
In 2024, we identified material
−Removed: weaknesses due to ineffective and information and communication controls, resulting in lack of timely identification and accounting for
+Added: weaknesses due to ineffective information and communication controls, resulting in lack of timely identification and accounting for
certain key debt and other agreements.
7 unchanged sentences
control over financial reporting.
−Removed: As such, these material weaknesses were not remediated and continued to be present as of March 31,
+Added: As such, these material weaknesses were not remediated and continued to be present as of June 30, 2026.
have initiated, and continue to implement, measures intended to remediate the material weaknesses described above and to strengthen our
2 unchanged sentences
hiring additional experienced accounting and SEC reporting personnel at the corporate and subsidiary levels and enhancing segregation
−Removed: (ii) engaging an independent internal auditor and establishing an internal audit plan focused on revenue recognition, complex
−Removed: financing arrangements, and acquisition accounting, with periodic reporting to the Audit Committee;
+Added: (ii) engaging an independent internal auditor and establishing an internal audit
+Added: plan focused on improving the overall financial reporting control environment, including revenue recognition, complex financing arrangements,
+Added: and acquisition accounting, with periodic reporting to the Audit Committee;
(iii) implementing formal contract-review
10 unchanged sentences
the identified material weaknesses.
−Removed: We also may incur significant costs to execute various aspects of our remediation
+Added: We also may incur significant costs to execute various aspects of our remediation plan.
in Internal Control over Financial Reporting
1 unchanged sentence
identified in connection with the evaluation required by paragraph (d) of Rules 13a-15 or 15d-15 under the Exchange Act that occurred
−Removed: during the quarter ended March 31, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control
+Added: during the quarter ended June 30, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control
over financial reporting.
11 unchanged sentences
Additionally, controls can be circumvented
−Removed: by the individual acts of some persons, by collusion of two or more people or by management override of the controls.
+Added: by the individual acts of some people, by collusion of two or more people or by management override of the controls.
The design of any
7 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.