Item 1. Legal Proceedings
ITEM
1. LEGAL PROCEEDINGS
From
time to time, we are involved in various claims and legal actions arising in the ordinary course of business. To the knowledge of our
management, there are no legal proceedings currently pending against us which we believe would have a material effect on our business,
financial position or results of operations and, to the best of our knowledge, there are no such legal proceedings contemplated or threatened.
ITEM
1A. RISK FACTORS
As
a smaller reporting company, we are not required to disclose material changes to the risk factors that were contained in our Annual Report
on Form 10-K for the year ended December 31, 2024, as the same may be updated from time to time.
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
There
have been no defaults in any material payments during the covered period.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
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