2 unchanged sentences
Management of our Company is responsible for establishing and maintaining effective disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934.
−Removed: As of October 28, 2023, an evaluation was performed, under the supervision and with the participation of management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures.
−Removed: Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that as of October 28, 2023, our disclosure controls and procedures were not effective due to the material weakness in internal control over financial reporting described below.
+Added: As of January 27, 2024, an evaluation was performed, under the supervision and with the participation of management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures.
+Added: Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that as of January 27, 2024, our disclosure controls and procedures were not effective due to the material weakness in internal control over financial reporting described below.
Notwithstanding this identified material weakness, our Chief Executive Officer and Chief Financial Officer believe the condensed consolidated financial statements included in this Quarterly Report on Form 10-Q fairly represent, in all material respects, our financial condition, results of operations and cash flows for the periods presented in conformity with accounting principles generally accepted in the United States of America.
−Removed: We are in the process of remediating the material weakness in our internal control, as described below under the section below entitled "Remediation Plan".
+Added: We are in the process of remediating the material weakness in our internal control, as described below under the section entitled "Remediation Plan".
Material Weakness in Internal Control Over Financial Reporting
4 unchanged sentences
Our remediation plan includes providing training to the revenue control operators relating to the level of precision expected when executing these controls in accordance with the Company's policy.
−Removed: During the first six months of fiscal 2024, we conducted additional training of our control operators.
+Added: During the first nine months of fiscal 2024, we conducted additional training of our control operators.
+Added: In conjunction with the training, management made enhancements to improve and ensure operation of certain transactional level controls.
Changes in Internal Control Over Financial Reporting
−Removed: During the quarter ended October 28, 2023, there have been no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: During the quarter ended January 27, 2024, there have been no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
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.