Item 4. Controls and Procedures
ITEM 4. CONTROLS AND PROCEDURES.
(a) Evaluation of Disclosure Controls and Procedures
Our disclosure controls and procedures are designed
to ensure information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934,
as amended (the “Exchange Act”) is recorded, processed, summarized and reported, within the time periods specified in the
SEC’s rules and forms. The Company’s Chief Executive Officer, our principal executive officer, and Chief Financial Officer,
our principal financial officer, have evaluated the effectiveness of the design and operation of the Company’s disclosure controls
and procedures as of March 31, 2024, the end of the fiscal quarter covered by this Quarterly Report on Form 10-Q. Based on that evaluation,
the Company’s Chief Executive Officer and Chief Financial Officer have concluded that, as of March 31, 2024, our disclosure
controls and procedures were effective to ensure that information we are required to disclose in reports that we file or submit under
the Exchange Act is: (i) recorded, processed, summarized and reported within the time periods specified in the SEC’s rules
and forms, and (ii) accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer,
as appropriate to allow timely decisions regarding required disclosure.
(b) Changes in Internal Control over Financial
Reporting
Effective
with the quarter ended March 31, 2024, an assessment of our subsidiary Trust Codes Global, which acquired the business and certain assets
of Trust Codes Limited, is now within the scope of our internal controls over financial reporting. There have been no other changes in
our internal controls over financial reporting (as defined in Rules 13a-15(d) and 15d-15(d) under the Exchange Act) during the three months
ended March 31, 2024 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control
over financial reporting.
34
Table of Contents
PART II - OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS.
None.
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.