Legal Proceedings
−Removed: We are subject to various claims, complaints and legal actions that arise from time to time in the normal course of business.
+Added: We are subject to various claims, complaints and legal actions that arise from time to time in the ordinary course of business.
We accrue for contingencies when we believe that a loss is probable and that we can reasonably estimate the amount of any such loss.
There can be no assurance that existing or future legal proceedings arising in the ordinary course of business or otherwise will not have a material adverse effect on our business, consolidated financial position, results of operations or cash flows.
−Removed: In December 2021, we entered into an agreement that provided for settlement and dismissal of an existing patent infringement lawsuit and a mutual covenant-not-to-sue for a defined duration of time.
−Removed: Please refer to Note 13.
−Removed: Commitments and Contingencies in Part II, Item 8 of this Annual Report on Form 10-K for additional information.
Mine Safety Disclosure
Not applicable.
+Added: All share and per share amounts presented in this Part II have been retroactively adjusted to reflect the five-for-one forward stock split of our common stock effective June 22, 2022.
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.