Item 4. Controls and Procedures
Item
4. Controls and Procedures
Evaluation
of Disclosure Controls and Procedures
Management,
under the supervision and with the participation of the Chief Executive Officer and Chief Financial Officer, have conducted an evaluation
of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the Exchange Act). Disclosure controls and procedures are designed to ensure that information required to be disclosed by a company
in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods
specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures
designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange
Act is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate
to allow timely decisions regarding required disclosure. Based on that evaluation, our Chief Executive Officer and our Chief Financial
Officer, concluded that as of the end of the period covered by this Quarterly Report, (i) the Company’s disclosure controls and
procedures were not effective to ensure that material information relating to the Company is recorded, processed, summarized, and reported
within the time periods specified in the rules and forms of the Securities and Exchange Commission (the “Commission”), and
(ii) the Company’s controls and procedures have not been designed to ensure that information required to be disclosed by the Company
in the reports that it files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to the
Company’s management, including its principal executive and principal financial officers, or persons performing similar functions,
as appropriate to allow timely decisions regarding required disclosure.
Changes
in Internal Control Over Financial Reporting
There
has been no change in our internal control over financial reporting, as defined in Rules 13a-15(f) of the Exchange Act, during the quarter
ended June 30, 2025, that has materially affected, or is reasonably likely to materially affect, our internal control over financial
reporting.
35
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.