11 unchanged sentences
Further, internal controls may become inadequate as a result of changes in conditions, or through the deterioration of the degree of compliance with policies or procedures.
−Removed: Changes in internal controls over financing reporting
−Removed: There were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting during the three months ended March 31, 2023.
+Added: Changes in internal controls over financial reporting
+Added: In connection with our transformation into a pharmaceutical royalty company, we terminated our executive management team and all other employees.
+Added: As of June 30, 2023, we employed one full-time employee primarily engaged in an executive position.
+Added: We have engaged external consultants, including certain former members of our management team, who support our relationship with current partners and assist with certain financial, legal and regulatory matters and the continued wind-down of our historical commercial business operations.
+Added: As a result of these changes, we have updated our risk assessment and design of internal controls over financial reporting that align with reduced transaction volume and reliance on external consultants to manage the day-to-day operations of the Company.
+Added: The Company is and will continue to evaluate changes to processes, information technology systems and other components of internal controls over financial reporting as part of its ongoing business transformation activities, and as a result, controls may be periodically changed.
+Added: The Company believes, however, that it will be able to maintain sufficient controls over its financial reporting throughout this transformation process.
Part II – Other Information
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.