Company: ECIA
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001079973-25-001132
Chunk: 62

Company: ENCISION INC
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 62
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 financial statements for
the past two years did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty,
audit scope, or accounting principles. The report had been prepared assuming that we would continue as a going concern and included an
explanatory paragraph regarding our ability to continue as a going concern as result of recurring losses and a deficiency in shareholders’
equity.

During the year ended March 31, 2023, and the subsequent
period through October 17, 2023, there were (i) no disagreements (as described in Item 304(a)(1)(iv) of Regulation S-K and the related
instructions) between us and Gries on any matter of accounting principles or practices, financial statement disclosure, or auditing scope
or procedure, which, if not resolved to Gries’ satisfaction, would have caused Gries to make reference thereto in its reports on
the financial statements for such years; and (ii) no “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation
S-K, except that Gries advised us of material weaknesses in its internal control over financial reporting as of March 31, 2023 and 2022.

Item 9A. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of
our management, including our principal executive officer and principal financial officer, as of March 31, 2025, we conducted an evaluation
of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
Exchange Act of 1934, as amended. Based on this evaluation, our principal executive officer and principal financial officer have concluded
that, based on the material weaknesses discussed below, our disclosure controls and procedures were not effective as of such date to ensure
that information required to be disclosed by us in reports filed or submitted under the Securities Exchange Act were recorded, processed,
summarized, and reported within the time periods specified in the SEC’s rules and forms and that our disclosure controls are not
effectively designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Securities
Exchange Act is accumulated and communicated to management, including our principal executive officer and principal financial officer,
or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control over