Item 4. Controls and Procedures
Item 4. Controls and Procedures
Disclosure Controls and Procedures
We maintain disclosure
controls and procedures designed to provide reasonable assurance that information required to be disclosed in reports filed or submitted
under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange
Commission’s rules and forms and accumulated and communicated to our management, including our Chief Executive Officer and Chief
Financial Officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosures.
Our management, with
the participation of our Chief Executive Officer and our Chief Financial Officer, conducted an evaluation, as of the end of the period
covered by this report, of the effectiveness of our disclosure controls and procedures, as such term is defined in Exchange Act Rule 13a-15(e).
Based on this evaluation, our Chief Executive Officer and our Chief Financial Officer have concluded that, as of the end of the period
covered by this report, our disclosure controls and procedures, as defined in Rule 13a-15(e), were effective at the reasonable assurance
level.
Changes in Internal Control over Financial Reporting
There was
no change in our internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act), that occurred during
the quarter ended March 31, 2022 that has materially affected, or is reasonably likely to materially affect, our internal control
over financial reporting.
Limitations on the Effectiveness of Controls
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. Because of the inherent limitations in a cost-effective control system, misstatements
due to error or fraud may occur and not be detected. The Company conducts periodic evaluations of its internal controls to enhance, where
necessary, its procedures and controls.
17
PART II – OTHER INFORMATION
Item 1. Legal Proceedings
We are not a party to any material pending legal proceeding.
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.