Item 1. Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
From time to time, we may
be subject to legal proceedings. We are not currently a party to or aware of any proceedings that we believe will have, individually or
in the aggregate, a material adverse effect on our business, financial condition or results of operations. Regardless of outcome, litigation
can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors.
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