11 unchanged sentences
A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.
−Removed: Remediation of Previously Identified Material Weakness over Financial Reporting
−Removed: We previously identified and disclosed in Item 9a.
−Removed: Controls and Procedures, in our 2024 Annual Report on Form 10-K, filed with the SEC on March 17, 2025, that an information technology general control (“ITGC”) specific to change management was not sufficiently designed during the period January 1, 2024 through October 31, 2024.
−Removed: Effective November 1, 2024, the ITGC deficiency was remediated.
−Removed: Certain annual and quarterly business process controls (automated and manual) could have been adversely affected due to the insufficient design of this ITGC and therefore determined to be ineffective during this time period.
−Removed: Due to the insufficient number of control occurrences available for testing operating effectiveness for these business process controls, along with the number of business process controls that management was not able to consider effective as of December 31, 2024, our management concluded that such deficiencies represented a material weakness in our internal control over financial reporting as of December 31, 2024.
−Removed: In the fourth quarter of 2024 and the first quarter of 2025, our management obtained the sufficient number of control occurrences for testing operating effectiveness for the majority of these business process controls and successfully remediated this material weakness as of March 31, 2025.
Changes in Internal Control Over Financial Reporting
−Removed: Except for the completed remediation relating to the material weakness discussed previously, there were no changes in our internal control over financial reporting identified in connection with the evaluation of such internal control that occurred during our last fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: There were no changes in our internal control over financial reporting identified in connection with the evaluation of such internal control that occurred during our last fiscal quarter that have materially affected, or are reasonably likely to materially affect, 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.