What changed in this filing

/stocks — the workspaceLOADING

Item 1B. Unresolved Staff Comments

2025-03-12 compared with 2024-03-29 · 36 added, 37 removed, 13 unchanged (85% of the section changed)

4 unchanged sentences

and effective every day, and they are increasingly targeting enterprise software companies.

companies utilizing technology are subject to threats of breaches of their cybersecurity programs.

To mitigate the threat to our business,

we have begun to establish a comprehensive approach to cybersecurity risk management and hold securing the data customers and other stakeholders

entrust to us as one of our top priorities.

As described in more detail below, we have established policies, standards, processes and

practices for testing, training, and monitoring material risks from cybersecurity threats.

We have devoted financial and personnel resources

to implement security measures to meet regulatory requirements and customer expectations, and we intend to continue to make investments

to maintain the security of our data and cybersecurity infrastructure.

There can be no guarantee that our policies and procedures will

be properly followed in every instance or that those policies and procedures will be effective.

Although our Risk Factors include further

detail about the material cybersecurity risks we face, we believe that risks have not materially affected our business to date.

provide no assurance that there will not be incidents in the future or that they will not materially affect us, including our business

strategy, results of operations, or financial condition.

We are in the process of establishing controls

and procedures designed to ensure prompt escalation of material cybersecurity incidents so that decisions regarding public disclosure

and reporting of such incidents can be made by management and the Board in a timely manner.

We intend to continue to review and enhance

our incident response and recovery plan for the Company Our policies require each of our employees to contribute to our data security

We regularly remind employees of the importance of handling and protecting customer and employee data, including through annual

privacy and security training to enhance employee awareness of how to detect and respond to cybersecurity threats.

Our incident response

and recovery plans and policies will address — and guide our employees, management and the Board on our response to a cybersecurity

All companies utilizing technology are

subject to threats of breaches of their cybersecurity programs.

To mitigate the threat to our business, we have established a comprehensive

approach to cybersecurity risk management and hold securing the data customers and other stakeholders entrust to us as one of our top

As described in more detail below, we have established policies, standards, processes and practices for testing, training,

and monitoring material risks from cybersecurity threats.

We have devoted financial and personnel resources to implement security measures

to meet regulatory requirements and customer expectations, and we intend to continue to make investments to maintain the security of our

data and cybersecurity infrastructure.

There can be no guarantee that our policies and procedures will be properly followed in every instance

or that those policies and procedures will be effective.

Although our Risk Factors include further details about the material cybersecurity

risks we face, we believe that risks have not materially affected our business to date.

We can provide no assurance that there will not

be incidents in the future or that they will not materially affect us, including our business strategy, results of operations, or financial

We have established controls and procedures designed

to ensure prompt escalation of material cybersecurity incidents so that decisions regarding public disclosure and reporting of such incidents

can be made by management and the Board in a timely manner.

We intend to continue to review and enhance our incident response and recovery

plan for the Company.

Our policies require each of our employees to contribute to our data security efforts.

We regularly remind employees

of the importance of handling and protecting customer and employee data, including through annual privacy and security training to enhance

employee awareness of how to detect and respond to cybersecurity threats.

Our incident response and recovery plans and policies will address

— and guide our employees, management and the Board on our response to a cybersecurity incident.

Our cybersecurity policies, standards, processes

6 unchanged sentences

risk oversight function directly as a whole.

Currently, Jack Wang, our chief information officer

of our subsidiary PeriShip Global, has primary responsibility for managing material cybersecurity risks over our Precision Logistics Segment

while Paul Ryan, Executive Vice President, Authentication Segment, has the primary responsibility for assessing and managing material

cybersecurity risks over our Authentication Segment.

Wang holds an undergraduate and master’s degree in computer science.

CIO has served in various roles in information technology and security for over 20 years.

Ryan has 30 years of experience in global

software and technology businesses.

Ryan are responsible for reporting any cybersecurity related incidents to our

executive officers.

Our executive officers are responsible for reporting material cybersecurity related incidents to our Board of Directors.

We intend to review our current reporting structure and may implement other structures governing the day-to-day management and reporting

of cybersecurity risks.

Currently, Jack Wang senior advisor of our subsidiary

PeriShip Global, has primary responsibility for managing material cybersecurity risks.

Wang holds an undergraduate and master’s

degree in computer science and has served in various roles in information technology and security for over 20 years.

Wang is responsible

for reporting any cybersecurity related incidents to our executive officers.

Our executive officers are responsible for reporting material

cybersecurity related incidents to our Board of Directors .

We may implement other reporting structures governing the day-to-day management

and reporting of cybersecurity risks.

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-K

Item 1B. Unresolved Staff Comments