Item 1A. Risk Factors
Item 1A. Risk Factors
As of the date of this Quarterly Report on Form
10-Q, there have been no material changes to the risk factors disclosed in Part I, Item 1A, Risk Factors, of our Annual Report on Form
10-K for the fiscal year ended December 31, 2021 other than the risk factor below.
Foreign jurisdictions may consider us as
operating in their jurisdiction, thus subjecting us to potential tax liabilities in such jurisdictions.
Certain foreign jurisdictions may assert that we are a corporation operating in their jurisdiction, and thus, subject to tax in such jurisdiction.
Should such an assertion be made, we would expend significant resources to appeal such an assertion, which appeal may or may not be successful.
In the event that we are found to be a corporation subject to tax in a foreign jurisdiction or jurisdictions, we may be required to pay
taxes in such jurisdiction or jurisdictions, which would result in a significant expense to us.
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