Legal Proceedings
−Removed: From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business.
We are currently unaware of any material pending legal proceedings to which we are party or of which our property is the subject.
−Removed: However, we may at times in the future become involved in litigation in the ordinary course of business, which may include actions related to or based on our intellectual property and its use, customer claims, product liability claims, employment practices and employee complaints and other events arising out of our operations.
+Added: However, we may at times in the future become involved in litigation in the ordinary course of business.
When appropriate in management’s estimation, we will record adequate reserves in our financial statements for pending litigation.
Litigation is subject to inherent uncertainties, and an adverse result in any such matters could adversely impact our reputation, operations, and our financial operating results or overall financial condition.
−Removed: Additionally, any litigation to which we may become subject could also require significant involvement of our senior management and may divert management’s attention from our business and operations.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.