What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2024-02-07 compared with 2023-08-09 · 24 added, 9 removed, 21 unchanged (61% of the section changed)

11 unchanged sentences

end of the period covered by this quarterly report, at the reasonable assurance level.

material weaknesses identified relate to the fact that we did not design and maintain an effective control environment commensurate with

our financial reporting requirements, including (a) lack of a sufficient number of trained professionals with an appropriate level of

accounting knowledge, training and experience and (b) lack of accounting research on critical accounting policies including business

combinations and specifically the valuation of warrants in calculating the consideration paid during the Business Combination.

general assessment of the above processes in light of the company’s size, maturity and complexity, as to the design and effectiveness

of the internal controls over financial reporting is that the key controls and procedures in each of these processes provide reasonable

assurance regarding reliability of financial reporting and the preparation of financial statements for external purposes in accordance

with generally accepted accounting principles.

The material weaknesses identified, and the related

remediation plan are more fully described in our 2023 Form 10-K.

The material weaknesses, summarized in the table below, related to the

fact that we did not design and maintain accounting policies, procedures and controls to ensure complete, accurate and timely financial

reporting in accordance with U.S.

We did not design and maintain

formal accounting policies, procedures and controls to achieve complete, accurate and timely financial accounting, reporting and

disclosures, including controls over the preparation and review of account reconciliations, journal entries and classification of

certain costs;

We had not developed and

effectively communicated to our employees our accounting policies and procedures, which resulted in inconsistent practices.

these entity level programs have a pervasive effect across the organization, management has determined that these circumstances constitute

a material weakness;

We do not have sufficient,

qualified finance and accounting staff with the appropriate U.S.

GAAP technical accounting expertise to identify, evaluate and account

for accounting and financial reporting, and effectively design and implement systems and processes that allow for the timely production

of accurate financial information in accordance with internal financial reporting timelines.

As a result, we did not design and maintain

formal accounting policies, processes and controls related to complex transactions necessary for an effective financial reporting

As a high-growth, smaller

reporting company that became responsible for listed financial reporting within the last eighteen (18) months, we have a limited

staff and budget available to adequately test and monitor the effectiveness of certain internal controls.

in Internal Control over Financial Reporting

were no changes in our internal control over financial reporting during the nine months ended June 30, 2023, that have materially affected

were no changes in our internal control over financial reporting during the three months ended December 31, 2023, that have materially affected

or are reasonably likely to materially affect, our internal control over financial reporting, including any corrective actions regarding

7 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.

What changed 10-Q

Item 4. Controls and Procedures