15 unchanged sentences
we are required to perform an evaluation of our disclosure controls and procedures, as such term is defined in Rule 13a-15(e) under the
−Removed: Exchange Act, as of March 31, 2024.
+Added: Exchange Act, as of June 30, 2024.
has completed such evaluation and has concluded that our disclosure controls and procedures were not effective to provide reasonable
1 unchanged sentence
timely decisions regarding required disclosures.
−Removed: As a result of the material weakness in internal controls over financial reporting described
−Removed: below, we concluded that our disclosure controls and procedures as of March 31, 2024 were not effective.
+Added: As a result of the material weaknesses in internal controls over financial reporting
+Added: described below, we concluded that our disclosure controls and procedures as of June 30, 2024 were not effective.
Weaknesses in Internal Control over Financial Reporting
5 unchanged sentences
The following material weaknesses in our internal control over
−Removed: financial reporting were present as of December 31, 2023 and continued to exist as of March 31, 2024:
+Added: financial reporting were present as of December 31, 2023 and continued to exist as of June 30, 2024:
of adherence to formal policies and procedures;
3 unchanged sentences
and review of journal entries and account reconciliations;
−Removed: Lack of design and implementation of effective controls over the accounting for warrants issued in connection with
−Removed: equity financings.
+Added: of design and implementation of effective controls over the accounting for warrants issued in connection with equity financings.
Plan to Remediate the Material Weaknesses
4 unchanged sentences
and governance;
−Removed: Engagement of external financial consulting firm with expertise in accounting for significant and complex non-routine
−Removed: transactions to continue to enhance financial reporting, financial operations and internal controls;
+Added: of external financial consulting firm with expertise in accounting for significant and complex non-routine transactions to continue
+Added: to enhance financial reporting, financial operations and internal controls;
Documentation
11 unchanged sentences
in Internal Control Over Financial Reporting
−Removed: than described above, there have been no changes in our internal control over financial reporting that occurred during our first quarter
+Added: than described above, there have been no changes in our internal control over financial reporting that occurred during our second quarter
of 2024 that have materially affected, or that are reasonably likely to materially affect, our internal control over financial reporting.
1 unchanged sentence
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.