1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: Under the supervision, and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with the period ending March 31, 2026.
+Added: Under the supervision, and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with the period ending June 30, 2026.
Based on that evaluation, management has concluded that as of the respective period, our disclosure controls and procedures were not effective due to the material weaknesses in internal control over financial reporting described below.
4 unchanged sentences
In making this assessment, our management used the criteria set forth in the Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (the “COSO Framework”).
−Removed: Based on this evaluation, our management concluded that our internal control over financial reporting was not effective as of December 31, 2025, continuing through March 31, 2026, because of the material weaknesses described below.
+Added: Based on this evaluation, our management concluded that our internal control over financial reporting was not effective as of December 31, 2025, continuing through June 30, 2026, because of the material weaknesses described below.
Material Weaknesses
1 unchanged sentence
Management concluded that material weaknesses existed as of the year ended December 31, 2025.
−Removed: Specifically, management identified deficiencies in the principles associated with the control environment, risk assessment, control activities, information and
−Removed: communication and monitoring components of internal control, based on the criteria established by the COSO Framework, that constitute material weaknesses, either individually or in the aggregate.
+Added: Specifically, management identified deficiencies in the principles associated with the control environment, risk assessment, control activities, information and communication and monitoring components of internal control, based on the criteria established by the COSO Framework, that constitute material weaknesses, either individually or in the aggregate.
● Control Environment:
20 unchanged sentences
Changes in Internal Control over Financial Reporting
−Removed: Except for the identification of the material weaknesses described above, there has been no change in our internal control over financial reporting during the period ended March 31, 2026, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
+Added: Except for the identification of the material weaknesses described above, there has been no change in our internal control over financial reporting during the period ended June 30, 2026, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
OTHER INFORMATION
Legal Proceedings
−Removed: We may be a party to proceedings in the ordinary course of business, however, we do not anticipate that the outcome of such matters and disputes will materially affect our financial statements.
+Added: We may be a party to proceedings in the ordinary course of business;
+Added: however, we do not anticipate that the outcome of such matters and disputes will materially affect our financial statements.
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.