Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On
Subsequent to the Company's filing of the 10-K, it was discovered that a bank account of the Company was not included in the 10-K, and the Company determined that the errors required adjustment of 2022 Financial Statements. This led to an understatement of certain expenses and an understatement of the Company's cash balance.
The Company and M&K determined that the reporting effects of the above errors
had a material impact to the 2022 Financial Statements included in the 10-K. As
a result, the 2022 Financial Statements will be restated, and the Company will
file an amendment to the 10-K with the
The Company's management concluded that in light of the errors mentioned above,
a material weakness existed in the Company's internal control over financial
reporting as of
The Company's management and its Board of Directors have discussed the matters disclosed in this Current Report on Form 8-K pursuant to this Item 4.02 with M&K.
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