4 unchanged sentences
The Principal Executive Officer and the Principal Financial Officer believe that the condensed consolidated financial statements and other information contained in this Quarterly Report on Form 10-Q present fairly, in all material respects, our business, financial condition and results of operations.
−Removed: As previously reported, management had identified a deficiency in our internal control over financial reporting, which was related to the timely closing of the accounting records and technical accounting guidance to complex and/or new transactions.
+Added: As previously reported, management had identified deficiencies in our internal control over financial reporting, which was related to the timely closing of the accounting records, caused by insufficient accounting resources and a lack of formal review procedures and technical accounting guidance to complex and/or new transactions.
Our management had concluded that we do not maintain effective controls related to both deficiencies surrounding the timely closing of the accounting records and technical accounting guidance.
5 unchanged sentences
These steps include retaining two additional senior accounting resources to help enhance the timeliness of the accounting close process and to have additional oversight for new and complex accounting transactions.
−Removed: We also engaged an outside consulting firm in the second quarter of 2021 to assist the Company with enhancing its accounting practices.
+Added: We also engaged an outside consulting firm in the third quarter of 2021 to assist the Company with enhancing its accounting practices.
We will continue to enhance controls to ensure the financial closing process is effectively implemented.
1 unchanged sentence
Changes in Internal Control over Financial Reporting
−Removed: Other than as described above, for the fiscal quarter ended June 30, 2021, there have been no changes in our internal control over financial reporting identified in connection with the evaluations required by Rule 13a-15(d) or Rule 15d-15(d) under the Exchange Act that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: Other than as described above, for the fiscal quarter ended September 30, 2021, there have been no changes in our internal control over financial reporting identified in connection with the evaluations required by Rule 13a-15(d) or Rule 15d-15(d) under the Exchange Act that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Inherent Limitations on Effectiveness of Controls
12 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.