What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2026-05-13 compared with 2025-11-10 · 28 added, 19 removed, 25 unchanged (65% of the section changed)

10 unchanged sentences

and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness

of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange

Based upon that evaluation, as of September 30, 2025, our principal executive officer and principal financial officer concluded that

our disclosure controls and procedures were not effective due to the material weakness in our internal controls.

of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)under the Exchange Act.

Based upon that evaluation, as of March 31, 2026, our principal executive officer and principal financial officer concluded that our disclosure

controls and procedures were not effective due to the material weakness in our internal controls.

A material weakness is a deficiency, or a combination

2 unchanged sentences

Material Weaknesses in Internal Controls

As of December 31, 2024, due to staffing and resource

constraints, the Company required significant additional time to close the books and records.

Management, after year end, continued to

perform its account reconciliations which required further adjustments to be recorded.

As such, information technology, business processes

and financial reporting controls were deemed to be ineffective due to (a) the lack of personnel to ensure the books and records are closed

accurately and on a timely basis, (b) lack of proper review over the accounting for certain notes receivable accounted for at fair value,

(c) the lack of appropriate segregation of duties, (d) certain general information technology control deficiencies regarding user access

provisioning and administrative access review, and (e) insufficient documentation to support and evidence the design and implementation

During the period ended March 31, 2026, due to

staffing and resource constraints, the Company required significant additional effort to close the books and records, and record appropriate

account adjustments.

As such, information technology, business processes and financial reporting controls were deemed to be ineffective

due to (a) the lack of personnel to ensure the books and records are closed accurately and on a timely basis, (b) lack of sufficient review

over the accounting for certain transactions recorded at fair value, (c) the lack of appropriate segregation of duties, (d) certain general

information technology control deficiencies regarding user access provisioning and administrative access review, and (e) insufficient

documentation to support and evidence the design and implementation of controls.

Remedial Actions

As a result, our management performed additional

analysis as deemed necessary to ensure that our financial statements were prepared in accordance with accounting principles generally

accepted in the United States of America.

Management understands that the accounting standards applicable to our financial statements

are complex and will seek to enhance controls over its experienced third-party professionals with whom management can consult with respect

to accounting issues and remediate this material weakness.

The Company has engaged an outside consulting firm to assist in the closing

process to ensure that steps are taken to remediate the control environment and to specifically improve the timeliness and accuracy of

its financial reporting process.

Additionally, the Company is planning to implement certain information technology related changes over

the year ending December 31, 2026.

Changes in Internal Control over Financial Reporting

On October 1, 2025, the Company hired an Interim Chief Financial Officer

to assist the Company’s finance department.

Otherwise, there were no changes in our internal control over financial reporting for

the quarter ended September 30, 2025 that materially affected, or are reasonably likely to materially affect, our internal control over

financial reporting.

There were no changes in our internal control

over financial reporting for the quarter ended March 31, 2026 that materially affected, or are reasonably likely to materially affect,

our internal control over financial reporting.

Limitations on Effectiveness of Controls

6 unchanged sentences

to their costs.

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance

that all control issues and instances of fraud, if any, within our company have been detected.

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that

all control issues and instances of fraud, if any, within our company have been detected.

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.

What changed 10-Q

Item 4. Controls and Procedures