Item 4. Controls and Procedures
Item 4. Controls and Procedures.
Disclosure Controls and Procedures
We maintain disclosure controls
and procedures that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, and the rules
and regulations thereunder, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules
and forms and that such information is accumulated and communicated to our management, including our principal executive officer and principal
financial officer, as appropriate, to allow for timely decisions regarding required disclosure. In designing and evaluating the disclosure
controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide
only reasonable assurance of achieving the desired control objectives, and management is required to apply its judgment in evaluating
the cost-benefit relationship of possible controls and procedures.
As required by Rule 13a-15(b)
under the Exchange Act, our management, under the supervision and 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 such term
is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of March 31, 2025. Based upon such evaluation, our Chief Executive
Officer and Chief Financial Officer concluded that our disclosure controls and procedures as of March 31, 2025 were effective.
Our Chief Executive Officer and
Chief Financial Officer do not expect that our disclosure controls and procedures or our internal controls will prevent all error or fraud.
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. Further, the design of a control system must reflect the fact that there are resource constraints and the
benefits of controls must be considered relative to their costs. Due to 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, have been detected.
Changes in Internal Controls
During the most recent fiscal
quarter, no change has occurred in our internal control over financial reporting that has materially affected, or is reasonably likely
to materially affect, our internal control over financial reporting.
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Part II – Other Information
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