3 unchanged sentences
Our disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s forms, and that such information is accumulated and communicated to our management, including our principal executive officer and principal financial officer, to allow timely decisions regarding required disclosures.
−Removed: Based on the evaluation, our principal executive officer and principal financial officer concluded that, as of September 30, 2024, our disclosure controls and procedures were not effective.
+Added: Based on the evaluation, our principal executive officer and principal financial officer concluded that, as of three months ended March 31, 2025, our disclosure controls and procedures were not effective.
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 our annual or interim financial statements will not be prevented or detected on a timely basis.
−Removed: We identified the following material weakness as of September 30, 2024:
+Added: We identified the following material weakness as of three months ended March 31, 2025:
insufficient personnel resources within the accounting function to segregate the duties over financial transaction processing and reporting.
To remediate the material weakness, management intends to implement the following measures during 2025, as the Company’s resources and financial means allow:
−Removed: Add additional accounting personnel or outside consultants, such as a new controller, to properly segregate duties and to effect timely, accurate preparation of the financial statements;
+Added: Add additional accounting personnel or outside consultants to properly segregate duties and to effect timely, accurate preparation of the financial statements;
Continue the development of adequate written accounting policies and procedures.
1 unchanged sentence
Changes in Internal Control over Financial Reporting
−Removed: There were no changes to our internal control over financial reporting or in other factors that could affect these controls during the three months ended September 30, 2024 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
+Added: There were no changes to our internal control over financial reporting or in other factors that could affect these controls during the three months ended March 31, 2025 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
PART II - OTHER INFORMATION
3 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.