5 unchanged sentences
Notwithstanding the existence of these material weaknesses, we believe that the unaudited condensed consolidated financial statements included in this Quarterly Report on Form 10-Q fairly present in accordance with the GAAP, in all material respects, our financial condition, results of operations and cash flows for the periods presented in this report.
+Added: Remediation Plans for Material Weaknesses in Internal Control Over Financial Reporting
+Added: The Company, under oversight by the Audit Committee of the Company’s Board of Directors, is in the process of remediating the above noted material weaknesses.
+Added: The Company’s remediation plans include, among other things, the following:
+Added: • The Company has added and will continue to add finance and accounting personnel as required to the organization to strengthen our finance and accounting teams.
+Added: The additional personnel are expected to provide oversight, structure, reporting lines, and additional review over the Company's disclosures.
+Added: • The Company will continue to develop new written accounting policies and procedures over accounting transaction processing and period end financial close and reporting.
+Added: • The Company will continue to increase training for all relevant personnel designed to uphold our internal controls standards.
+Added: The identified material weaknesses will not be considered remediated until the remediation plans have been fully implemented, the applicable controls operate for a sufficient period of time, and the Company has concluded that newly implemented controls are operating effectively.
Limitations on Effectiveness of Controls.
2 unchanged sentences
Our disclosure controls and procedures are designed to provide reasonable assurance of achieving its objectives.
−Removed: (b) Changes in internal controls over financial reporting.
−Removed: There were no changes made in the internal controls over financial reporting for the quarter ended March 31, 2024 that have materially affected our internal control over financial reporting.
+Added: Changes in internal controls over financial reporting.
+Added: Other than the remediation activities described above, there were no changes made in the internal controls over financial reporting for the quarter ended June 30, 2024 that have materially affected our internal control over financial reporting.
PART II — OTHER INFORMATION
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.