Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 335

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1B
Chunk 335
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 Role: Our board of directors has ultimate oversight of cybersecurity risk. Our VP of Engineering and Platform Engineering Manager lead cybersecurity risk assessment and management efforts, collaborating closely with the interim CEO for guidance, strategic direction, alignment with business objectives, and environment.

    a)
    The
    Platform Engineering Manager has over 5 years of experience and holds a bachelor’s degree in computer science. The VP of Digital
    Engineering brings 19 years of expertise in digital transformations across various industries, holding leadership roles at Nordstrom,
    Walgreens, T-Mobile, and Sony PlayStation, with a Master’s degree in Business Administration from the University of Michigan

    b)
    We
    stay informed by utilizing online SOX and SOC II policy documents

    c)
    We
    have robust logging systems in place to monitor our systems, and our response plan includes promptly identifying the executives and
    parties affected

4)
Governance: Our governance includes routing all production changes through approval processes and testing in the test environment
before implementation in production.

    a)
    We
    adhere to SOX regulations to ensure proper documentation and signoffs for any production data alterations due to incorrect data entry

    b)
    In
    the event of changes, we document the reason for the update, the responsible individual, and the details of what was modified (both
    before and after). Additionally, all modifications undergo verification by at least one individual before and after the change

    c)
    The
    board holds oversight of the Company’s risks related to cybersecurity risks. 

Our
business strategy, results of operations, and financial condition have not been materially affected by risks from cybersecurity threats,
but we cannot provide assurance that they will not be materially affected in the future by such risks or any future material incidents.

Item
2. Properties.

We
have a current lease that was entered into starting in February of 2021 for 8,898 square feet of office space located at 3133 W. Frye
Road, Suite 215, Chandler, Arizona. Monthly rental payments, excluding common area maintenance charges, will be $25,953 to $28,733. The
first twelve months of the lease included a 50% abatement period. The office space in Chandler has been a perfect size for a growing
company, with an open concept to encourage collaboration.

The Company entered in to a sublease to lease
our existing office space at located at 3133 W. Frye Road, Suite 215, Chandler