9 unchanged sentences
Based upon this evaluation, our principal executive
−Removed: officer and principal financial officer concluded that our disclosure controls and procedures are effective to ensure that information
+Added: officer and principal financial officer concluded that our disclosure controls and procedures are not effective to ensure that information
required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported,
2 unchanged sentences
in Internal Controls over Financial Reporting
−Removed: the fiscal quarter ended September 30, 2023, there were no significant changes in our internal control over financial reporting (as such
−Removed: term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that have materially affected or are reasonably likely to materially
+Added: our transition period ended December 31, 2023 , our Chief Executive Officer and Chief Financial Officer concluded that our internal
+Added: control over financial reporting was not effective due to the material weaknesses described below.
+Added: We lack sufficient resources in our accounting department restricting
+Added: our ability to review and approve certain material journal entries which increases the likelihood that a material misstatement of interim
+Added: or annual financial statements might not be prevented.
+Added: Management evaluated our current process of review and approval of certain material
+Added: journal entries and concluded this deficiency represented a material weakness.
+Added: We lack sufficient resources in our accounting department,
+Added: which restricts our ability to review certain material reconciliations related to financial reporting in a timely manner.
+Added: size and nature, segregation of all conflicting duties may not always be possible and may not be economically feasible.
+Added: Management evaluated
+Added: the impact of our failure to have proper segregation between the preparation, review and approval of account reconciliations and concluded
+Added: that this control deficiency represented a material weakness.
+Added: Due to resource restrictions, we have not established a three-way
+Added: match of documents or other controls precise enough to detect a material misstatement in revenue.
+Added: Management evaluated our current process
+Added: of determining the occurrence of revenue and concluded this deficiency represented a material weakness.
+Added: continue to work on improving and simplifying our internal processes and implement enhanced controls to address the material weaknesses
+Added: in our internal control over financial reporting discussed above and to remedy the ineffectiveness of our disclosure controls and procedures.
+Added: We are addressing our accounting resource requirements to help remediate the segregation of duties and plan to implement a concise “three-way”
+Added: document matching procedure.
+Added: These material weaknesses will not be considered as remediated until the applicable remediated controls
+Added: are operating for a sufficient period and management has concluded, through testing, that these controls are operating effectively.
+Added: the material weaknesses identified above, we believe that the consolidated financial statements included in the period covered by this
+Added: report on Form 10-Q fairly present, in all material aspects, our financial conditions, results of operations and cash flows for the periods
+Added: presented in conformity with U.S.
+Added: generally accepted accounting principles.
+Added: the fiscal quarter ended March 31, 2024, there were no additional changes in our internal control over financial reporting (as such term
+Added: is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that have materially affected or are reasonably likely to materially
affect our internal control over financial reporting.
1 unchanged sentence
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.