What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2026-05-20 compared with 2025-11-14 · 64 added, 18 removed, 2 unchanged (98% of the section changed)

Controls and Procedures

controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed by us

in the reports that we file or submit pursuant to the requirements of the Exchange Act is recorded, processed, summarized and reported,

within the time periods specified in the SEC’s rules and forms.

Disclosure controls and procedures include, among other things,

controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file under the Exchange

Act is accumulated and communicated to our management, including our principal executive and financial officers, as appropriate, to allow

timely decisions regarding required disclosure.

Evaluation of disclosure controls and procedures

Our Principal Executive Officer and Principal

Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures (as defined as defined in Rule 13a-15(f)

and 15d-(f) under the Exchange Act) as of the end of the period covered by this report, have determined that our disclosure controls and

procedures were effective at September 30, 2025 at the reasonable assurance level.

In making this assessment, our management used the

criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework (2013).

Changes in internal control over financial reporting

were no changes in our internal control over financial reporting identified in connection with the evaluation required by Exchange Act

Rules 13a-15(d) and 15d-15 that occurred during the period covered by this report that has materially affected, or is reasonably likely

to materially affect, our internal control over financial reporting.

Evaluation of Disclosure

Controls and Procedures

Disclosure controls and procedures are controls

and other procedures that are designed to ensure that information required to be disclosed by us in the reports that we file or

submit pursuant to the requirements of the Exchange Act is recorded, processed, summarized and reported, within the time periods

specified in the SEC’s rules and forms.

Disclosure controls and procedures include, among other things, controls and

procedures designed to ensure that such information is accumulated and communicated to our management, including our principal

executive and financial officer, to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of

our management, including our principal executive and financial officer, we conducted an evaluation of the effectiveness of our disclosure

controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as of the end of the period covered

by this report.

Based on this evaluation, and because of the material weaknesses in internal control over financial reporting described

below, management concluded that the Company’s disclosure controls and procedures were not effective as of March 31, 2026.

Material Weaknesses

in Internal Control Over Financial Reporting

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 the Company’s annual or interim financial statements will not be prevented or detected on a timely basis.

During management’s evaluation of internal

control over financial reporting, management identified material weaknesses related to information technology general controls over certain

applications that support the Company’s financial reporting processes.

Management identified

material weaknesses related to information technology general controls over certain applications that support the Company’s financial

reporting processes.

Specifically, management identified deficiencies associated with (a) effective user access controls to appropriately

segregate duties and adequately restrict user and privileged access, (b) effective controls to monitor, document and approve application

changes, and (c) effective controls related to monitoring of critical jobs.

As a result of these deficiencies and certain account reconciliation

and review controls that were not effectively designed in fully mitigating the related risks, automated process- level and manual controls

within the financial reporting cycles that rely on information generated from such financially relevant systems were not considered effective.

Notwithstanding the identified

material weaknesses, management, including our principal executive, financial and accounting officer, concluded the consolidated financial

statements included in this report fairly represent in all material respects our results of operations, financial condition, and cash

flows at and for the periods presented in accordance with U.S.

As disclosed in Part II,

Item 9A of the Annual Report on Form 10-K for the year ended December 31, 2025, management concluded that the aforementioned material

weaknesses in internal control existed for the Company.

Management concluded that these material weaknesses still existed as of March 31,

Remediation Plan

Management has begun

implementing measures designed to remediate the material weaknesses described above.

These remediation efforts include:

● Formalizing

information technology governance procedures related to user access administration, periodic

access reviews, and application change management for systems supporting financial reporting;

documentation, approval, testing, and tracking procedures for application changes;

user roles and access permissions within relevant applications and implementing additional

role-based access governance procedures, as appropriate;

the documentation, retention, and review of system change logs and other relevant system

activity logs;

● Strengthening

documentation of existing monitoring controls related to system interfaces, application functionality,

and data validation processes.

Management will continue

to evaluate the design and operating effectiveness of these remediation efforts.

The material weaknesses will not be considered remediated

until the applicable controls have been fully implemented, tested, and determined to be operating effectively for a sufficient period

Changes in Internal

Control Over Financial Reporting

Other than as discussed

above, during the period covered by this report, there has been no change in our internal control over financial reporting that

has materially affected, or is 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.

What changed 10-Q

Item 4. Controls and Procedures