10 unchanged sentences
under the Exchange Act.
−Removed: Based upon our evaluation, our Chief Executive Officer and Chief Financial Officer concluded that as of March 31,
+Added: Based upon our evaluation, our Chief Executive Officer and Chief Financial Officer concluded that as of June 30,
2025 our disclosure controls and procedures ensuring that information that we are required to disclose in reports that we file or submit
under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC rules and forms, were
−Removed: ineffective, due to a material weakness related to Information Technology General Control area.
−Removed: Material Weakness in Internal Control over Financial Reporting
+Added: Remediation of a Material Weakness in Internal Control over Financial
As disclosed in Item 9A, Controls
1 unchanged sentence
financial reporting, which is observed in many small companies with a small number of accounting and financial reporting staff:
−Removed: · Inadequate design
−Removed: of user access provisioning/deprovisioning controls and inadequate segregation of duties on certain controls or processes, related to
−Removed: our information technology general controls (ITGC).
−Removed: The management has discussed
−Removed: this matter and developed a remediation plan including transitioning some of the administrative responsibilities to a third-party service
−Removed: We remain committed to completing the final phase of our remediation plan in the second quarter of 2025 and strengthening our
−Removed: overall control environment.
+Added: • Inadequate design of
+Added: user access provisioning/deprovisioning controls and inadequate segregation of duties on certain controls or processes, related to our
+Added: information technology general controls (ITGC).
+Added: Management has discussed this
+Added: matter and developed a remediation plan that included transitioning certain administrative privileges to independent user groups outside
+Added: of the finance function in order to enhance segregation of duties.
+Added: In addition, the team has implemented a quarterly user access review
+Added: process to ensure that system permissions remain appropriate and aligned with current roles and responsibilities.
+Added: The final phase of our
+Added: remediation plan was completed in the second quarter of 2025.
Changes in Internal Control over Financial
1 unchanged sentence
efforts described above, there was no change in our internal controls over financial reporting that occurred during the quarter ended
−Removed: March 31, 2025 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
+Added: June 30, 2025 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
Inherent Limitations over Internal Controls
9 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.