Item 4. Controls and Procedures
Item 4. Controls and Procedures
Disclosure Controls and Procedures
Disclosure controls are procedures that are designed
with the objective of ensuring that information required to be disclosed in our reports filed under the Exchange Act, such as this Form
10-Q, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure
controls are also designed with the objective of ensuring that such information is accumulated and communicated to our management, including
the Principal Executive Officer and Principal Financial Officer, as appropriate to allow timely decisions regarding required disclosure.
Internal controls are procedures which are designed with the objective of providing reasonable assurance that (1) our transactions are
properly authorized, recorded and reported; and (2) our assets are safeguarded against unauthorized or improper use, to permit the preparation
of our condensed financial statements in conformity with GAAP.
In connection with the preparation of this Form
10-Q, management, with the participation of our Principal Executive Officer and Principal Financial Officer, has evaluated the effectiveness
of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rule 13a-15(e) and 15d-15(e)). Based
upon that evaluation, our Principal Executive and Financial Officer concluded that our disclosure controls and procedures were effective,
as of the end of the period covered by this Form 10-Q.
Changes in Internal Controls
There have been no changes in our internal control
over financial reporting identified in connection with the evaluation required by paragraph (d) of Rule 13a-15 or 15d-15 under the Exchange
Act that occurred during the quarter ended June 30, 2024 that has materially affected, or is reasonably likely to materially affect, our
internal control over financial reporting.
Limitations of the Effectiveness of Control
A control system, no matter how well conceived
and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Because of the inherent
limitations of any control system, no evaluation of controls can provide absolute assurance that all control issues, if any, within a
company have been detected.
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PART II-OTHER INFORMATION
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.