{"url_path":"/sec/brtx/10-q/2026/item-4","section_key":"item-4","section_title":"Item 4 Controls and Procedures**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1505497/0001493152-26-023126-index.html","accession_number":"0001493152-26-023126","cik":"0001505497","ticker":"BRTX","issuer_name":"BioRestorative Therapies, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1505497/0001493152-26-023126-index.html","primary_entity_key":"0001505497","primary_entity_name":"BioRestorative Therapies, Inc."},"word_count":816,"has_tables":true,"body_markdown":"**Item\n4. Controls and Procedures**\n\n \n\n**Evaluation\nof Disclosure Controls and Procedures**\n\n \n\nWe\nmaintain disclosure controls and procedures as that term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act\nof 1934, as amended (the “Exchange Act”), that are designed to ensure that information required to be disclosed in our reports\nunder the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and\nforms, and that such information is accumulated and communicated to our management, including our principal executive officer and principal\nfinancial officer, as appropriate, to allow timely decisions regarding required disclosures. In designing disclosure controls and procedures,\nour management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible disclosure controls\nand procedures. The design of any disclosure controls and procedures also is based in part upon certain assumptions about the likelihood\nof future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future\nconditions. Any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute, assurance\nof achieving the desired control objectives.\n\n \n\nUnder\nthe supervision and with the participation of our management, including our principal executive officer and principal financial officer,\nwe are required to perform an evaluation of our disclosure controls and procedures, as such term is defined in Rule 13a-15(e) under the\nExchange Act, as of March 31, 2026.\n\n \n\nManagement\nhas completed such evaluation and has concluded that our disclosure controls and procedures were not effective to provide reasonable\nassurance that information required to be disclosed by us in reports we file or submit under the Exchange Act is appropriate to allow\ntimely decisions regarding required disclosures. As a result of the material weaknesses in internal controls over financial reporting\ndescribed below, we concluded that our disclosure controls and procedures as of March 31, 2026 were not effective.\n\n \n\n25\n\n \n\n \n\n**Material\nWeaknesses in Internal Control over Financial Reporting**\n\n \n\nA\nmaterial weakness, as defined in the standards established by Sarbanes-Oxley, is a deficiency, or a combination of deficiencies, in internal\ncontrol over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim consolidated\nfinancial statements will not be prevented or detected on a timely basis.\n\n \n\nInternal\ncontrol over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting\nand the preparation of financial statements in accordance with U.S. GAAP. The following material weaknesses in our internal control over\nfinancial reporting were present as of December 31, 2025 and continued to exist as of March 31, 2026:\n\n \n\n●\nLack\nof adherence to formal policies and procedures;\n\n \n \n\n●\nLack\nof risk assessment procedures on internal controls to detect financial reporting risks in a timely manner; and\n\n \n \n\n●\nLack\nof design and implementation of effective controls to achieve complete and accurate financial reporting and disclosures, including\ndocumented controls over the preparation and review of journal entries, account reconciliations and income taxes.\n\n \n\n**Management’s\nPlan to Remediate the Material Weaknesses**\n\n \n\nManagement\nhas been implementing and continues to implement measures designed to ensure that control deficiencies contributing to the material weaknesses\nare remediated, such that these controls are designed, implemented, and operating effectively. The remediation actions include:\n\n \n\n●\nManagement\npersonnel, including our Chief Financial Officer, are overseeing the financial reporting process and implementation of enhanced controls\nand governance;\n\n \n \n\n●\nEngagement\nof external financial consulting firm with expertise in accounting for significant and complex non-routine transactions to continue\nto enhance financial reporting, financial operations and internal controls; and\n\n \n \n\n●\nDocumentation\nof key procedures and controls using a risk-based approach.\n\n \n\nManagement\nis committed to maintaining a strong internal controls environment and implementing measures designed to help ensure that control deficiencies\ncontributing to the material weaknesses are remediated as soon as possible. We have documented key procedures and controls using a risk-based\napproach and have, therefore, made progress toward remediation. We continue to implement our remediation plan, which includes continued\nengagement of an external financial consulting firm to enhance financial reporting and operations as well as design and implementation\nof controls. We will consider the material weaknesses remediated after the applicable controls operate for a sufficient period of time,\nand management has concluded, through testing, that the controls are operating effectively.\n\n \n\nManagement\nwill continue to monitor and evaluate the effectiveness of our internal controls and procedures over financial reporting on an ongoing\nbasis and is committed to taking further action and implementing additional enhancements or improvements, as necessary and as funds allow.\n\n \n\n**Changes\nin Internal Control Over Financial Reporting**\n\n \n\nOther\nthan described above, there have been no changes in our internal control over financial reporting that occurred during our first quarter\nof 2026 that have materially affected, or that are reasonably likely to materially affect, our internal control over financial reporting.\n\n \n\n26\n\n \n\n** **\n\n**PART\nII - OTHER INFORMATION**"}