What changed in this filing

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Item 4. Controls and Procedures

2025-05-14 compared with 2024-11-13 · 5 added, 42 removed, 10 unchanged (82% of the section changed)

5 unchanged sentences

Based upon this evaluation, the Chief Executive Officer and Chief Financial

Officer each concluded that our disclosure controls and procedures were not effective to provide reasonable assurance 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

within the time periods specified by the SEC’s rules and forms, and that such information has been accumulated and communicated

to our management, including our Chief Executive Officer and Chief Financial Officer, in a manner that allows timely decisions regarding

required disclosure.

In evaluating the effectiveness of our internal

control over financial reporting, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway

Commission (COSO) in Internal Control - Integrated Framework 2013.

Based on this evaluation, our Chief Executive Officer and our Chief

Financial Officer determined, based upon the existence of the material weakness described below, that we did not maintain effective internal

control over financial reporting as of September 30, 2024.

Specifically, we lack a sufficient number of professionals with an appropriate

level of accounting knowledge, training and experience to appropriately analyze, record and disclose accounting matters timely and accurately

while maintaining appropriate segregation of duties.

Without such professionals, 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 and journal entries.

The lack of adequate staffing levels and expertise

of unusual or infrequent transactions with complex or infrequently applied accounting topics resulted in the insufficient level of supervision,

review and approval of certain information used to prepare our financial statements and the maintenance of effective controls to adequately

monitor and review significant transactions for financial statement completeness and accuracy.

These control deficiencies, although varying

in severity, contributed to the material weakness in the control environment.

If one or more material weaknesses persist or if we fail

to establish and maintain effective internal control over financial reporting, our ability to accurately report our financial results

could be adversely affected.

The above material weakness did not result in

a material misstatement of our previously issued financial statements, however, it could result in a misstatement of our account balances

or disclosures that would result in a material misstatement of our annual or interim financial statements that would not be prevented

Management is taking steps to remediate the material

weakness in our internal control over financial reporting.

To address the issues, we plan to hire additional personnel.

Specifically,

management has:

Increased the number of accounting personnel;

Engaged third party experts to assist management in analyses and conclusions involving complex or infrequently applied accounting treatment;

Engaged third party experts to assist management in completing a comprehensive risk assessment to identify, design and implement control activities.

In addition, management is taking steps to review

and enhance business policies, procedures and related internal controls to standardize business processes.

We expect to complete the remediation by the end

We expect to incur additional costs to remediate this weakness.

Officer each concluded that our disclosure controls and procedures were effective to provide reasonable assurance 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 within

the time periods specified by the SEC’s rules and forms, and that such information has been accumulated and communicated to our

management, including our Chief Executive Officer and Chief Financial Officer, in a manner that allows timely decisions regarding required

Changes in Internal Control Over Financial

There have been no changes in our internal control

over financial reporting identified in connection with the evaluation that occurred during the quarter ended September 30, 2024 that have

over financial reporting identified in connection with the evaluation that occurred during the quarter ended March 31, 2025 that have

materially affected, or are reasonably likely to materially affect, the 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.

What changed 10-Q

Item 4. Controls and Procedures