Item 4. Controls and Procedures
Item 4.
Controls and Procedures.
Evaluation of Disclosure
Controls and Procedures - We maintain a system of disclosure controls and procedures that are designed for the purposes of ensuring
that information required to be disclosed in our SEC reports 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 Chief Executive
Officer, or CEO, and our Chief Financial Officer, or CFO, as appropriate to allow timely decisions regarding required disclosures.
As of the end of the period
covered by this report, we carried out an evaluation, under the supervision and with the participation of our CEO and our CFO, of the
effectiveness of our disclosure controls and procedures as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934, as amended.
Based on that evaluation, our CEO and CFO concluded that our disclosure controls and procedures are effective.
Changes in Internal
Control Over Financial Reporting - During November 2021, we experienced a cybersecurity incident in which one or more third parties
were able to impersonate one of our vendors by using a falsified email domain account and asked to wire a payment to a false bank account.
As a result of this cybersecurity incident, we implemented certain changes to our internal control procedures with respect to payments
to suppliers that seek to provide alternate bank account information to us. We have also updated our information technology procedures
and hired the services of a cybersecurity consultant to assist with exploring and implementing
a range of steps to enhance our security protections in order to prevent future cybersecurity incidents. In addition, we have enhanced
our organizational awareness of cybersecurity and information security within our organization.
Except as set forth above,
there has been no change in our internal control over financial reporting during the second quarter of fiscal year 2022 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
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.