Item 3. Legal Proceedings
ITEM
3. LEGAL PROCEEDINGS
From
time to time, we may be involved in disputes, claims, or legal proceedings arising in the ordinary course of business, including commercial,
contractual, employment, or other matters.
We
are party to a lawsuit filed by our former Chief Financial Officer alleging wrongful termination. The complaint was filed on June 25,
2025, in the Superior Court of the State of Washington in and for King County, and seeks damages and other relief. We believe the claims
are without merit and intend to vigorously defend against the allegations. We are currently engaged in settlement discussions related
to this matter. The ultimate outcome and timing of resolution remain uncertain.
Other
than the matter described above, we are not currently a party to any material legal proceedings, and, to our knowledge, no material
proceedings are pending or threatened against us, including by governmental or regulatory authorities.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
14
PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.