Item 1A. Risk Factors
ITEM
1A. RISK FACTORS
Investing
in our common stock involves certain risks. Before making an investment decision, you should carefully consider all the information within
this Quarterly Report, including the information contained in Part I, Item 2, Management’s Discussion and Analysis of Financial
Condition and Results of Operations, as well as in our condensed consolidated financial statements and the related notes contained in
Part I, Item 1 within this Quarterly Report. In addition, you should carefully consider the risks and uncertainties described in Part
I, Item 1A, “Risk Factors,” of our 2025 Annual Report, as well as in our other public filings with the SEC. If any of the
identified risks are realized, our business, results of operations, financial condition, liquidity, and prospects could be materially
and adversely affected. In that case, the trading price of our common stock may decline, and you could lose all or part of your investment.
In addition, other risks of which we are currently unaware, or which we do not currently view as material, could have a material adverse
effect on our business, results of operations, financial condition, and prospects.
During
the three months ended August 31, 2025, there were no material changes to the risks and uncertainties described in Part I, Item 1A, Risk
Factors, of our 2025 Annual Report.
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