−Removed: Staff Comments
+Added: UNRESOLVED STAFF COMMENTS
CYBERSECURITY
1 unchanged sentence
periodically assess risks from cybersecurity threats and monitor our information systems for potential vulnerabilities.
−Removed: date, given the small size of our company and the nature of our operations, our reliance on information systems has been limited to the
−Removed: use of standard off-the-shelf software (such as Google, QuickBooks and Microsoft Office) and the use by our employees of standard personal
−Removed: Accordingly, management has not implemented any formal process for assessing, identifying, and managing risks from cybersecurity
−Removed: from cybersecurity threats have, to date, not materially affected us, our business strategy, results of operations or financial condition.
−Removed: We discuss how cybersecurity incidents could materially affect us in our risk factor disclosures in Item 1A of this Annual Report on
−Removed: discussed above, given the nature of our current operations and our experience to date, we do not currently perceive cybersecurity as
−Removed: a particularly significant risk to our business.
−Removed: Accordingly, we have not tasked our Board of Directors with any additional cybersecurity
−Removed: oversight duties, or designated any committee of the Board of Directors to specifically oversee cybersecurity risks to our business .
+Added: Our information
+Added: technology environment is relatively limited and consists primarily of standard, commercially available software and cloud-based platforms,
+Added: including tools used for financial reporting, communications, and general business operations.
+Added: Despite the limited scale of our systems,
+Added: we face cybersecurity risks common to most organizations, including unauthorized access, ransomware, phishing, and other cyber incidents.
+Added: processes for assessing, identifying, and managing cybersecurity risks are managed by our management team and are integrated into our
+Added: overall risk management activities.
+Added: These processes include periodic evaluation of system access, use of security features provided by
+Added: third-party software platforms, employee awareness, and monitoring for potential cybersecurity events.
+Added: We also rely on third-party service
+Added: providers for certain information technology and data processing functions and consider cybersecurity risks associated with these providers
+Added: as part of our risk assessment.
+Added: date, risks from cybersecurity threats have not materially affected our business strategy, results of operations, or financial condition.
+Added: However, cybersecurity threats continue to evolve, and a future incident could result in operational disruption, data loss, increased
+Added: costs, or impacts to financial reporting.
+Added: We discuss how cybersecurity incidents could materially affect us in Item 1A, “Risk Factors.”
+Added: Cybersecurity
+Added: risk management is overseen by our management team, including personnel responsible for finance, operations, and information systems.
+Added: Management is responsible for monitoring cybersecurity risks, evaluating potential incidents, and determining whether disclosure or other
+Added: actions are required.
+Added: Board of Directors oversees our overall risk management processes, including cybersecurity risk.
+Added: To the extent applicable, the Board
+Added: receives updates from management regarding material risks, including cybersecurity matters, as appropriate.
+Added: Cybersecurity is considered
+Added: as part of the Board’s broader oversight of business risk rather than through a separate committee or dedicated cybersecurity function.
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.