20 unchanged sentences
Management concluded that the errors were the result of accounting personnel’s’ lack of technical proficiency in complex matters.
−Removed: We filed Form
−Removed: 10-K/A for the years ended December 31, 2021 and 2020 on June 30, 2022 to correct the errors in our financial statements for the years ended December 31, 2021 and 2020 and for the quarters ended June 30, 2020, September 30, 2020, March 31, 2021,
−Removed: June 30, 2021 and September 30, 2021.
+Added: amendment to our Annual Report on Form 10-K/A for the years ended December 31, 2021 and 2020 on June 30, 2022 to correct the errors in our financial statements for the years ended December 31, 2021 and 2020 and for the quarters ended June 30, 2020,
+Added: September 30, 2020, March 31, 2021, June 30, 2021 and September 30, 2021.
See the Form 10-K/A for further detail on the restatement.
6 unchanged sentences
providing additional training to accounting personnel;
−Removed: consulting with an accounting advisor for technical, complex and non-recurring matters.
+Added: consulting with an accounting advisor for technical, complex and non-recurring matters, with whom we have engaged and begun consulting.
We are committed to developing a strong internal control environment, and we believe the remediation efforts that we have implemented and will implement will result in significant improvements in
our control environment.
−Removed: We hired our Vice President of Finance in the second quarter of 2021 to oversee all accounting and financial reporting matters, including implementing a framework for internal controls over financial reporting, and we
−Removed: hired a full-time controller at the beginning of 2022.
−Removed: Also, during the fourth quarter of 2021, we engaged a third-party consulting firm with expertise in implementing the framework for internal controls over financial reporting, and we are
−Removed: making progress on developing this framework, including identifying key controls, creating process narratives or flowcharts, developing test plans, and beginning the testing of the key controls to ensure the framework is complete and effective.
−Removed: Our management will continue to monitor and evaluate the relevance of our risk-based approach and the effectiveness of our internal controls and procedures over financial reporting on an ongoing basis and is committed to taking further action and
+Added: We hired our Vice President of Finance in the second quarter of 2021 to oversee all accounting and financial reporting matters, including implementing a framework for internal controls over financial reporting, and we hired
+Added: a full-time controller at the beginning of 2022.
+Added: Also, during the fourth quarter of 2021, we engaged a third-party consulting firm with expertise in implementing the framework for internal controls over financial reporting, and we are making
+Added: progress on developing this framework, including identifying key controls, creating process narratives or flowcharts, developing test plans, and beginning the testing of the key controls to ensure the framework is complete and effective.
+Added: management will continue to monitor and evaluate the relevance of our risk-based approach and the effectiveness of our internal controls and procedures over financial reporting on an ongoing basis and is committed to taking further action and
implementing additional enhancements or improvements, as necessary.
4 unchanged sentences
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.