Item 1A. Risk Factors
Item 1A. Risk Factors.
As a smaller reporting company, we are not required
to include risk factors in this Annual Report.
Item 1B. Unresolved Staff Comments.
None.
Item 1C. Cybersecurity.
The Company maintains cyber
risk management designed to preserve the security of our data and technology infrastructure. On an annual basis we conduct assessments
to identify cyber risks and have developed plans on how to address any such risks for remediation of vulnerabilities.
Risk management and strategy
We design and implement risk
management strategies for identification and management of material risks rising from cybersecurity threats and alerts. Our method involves
a systematic evaluation of all potential threats reported and discovered, vulnerabilities, and their possible impacts on the Company’s
operations, data, and systems health. Our cybersecurity risk management strategy includes:
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Identify the risk to our environment;
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IT to identify and resolve the threat;
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cybersecurity training to our staff; and
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cybersecurity incident response plan.
Management and Board Oversight
Our management is responsible
for the oversight and administration of cyber security protocols. Our management team relies on our third-party providers on administrating
cybersecurity assessments to identify, manage, mitigate, and respond to cybersecurity threats. Management updates the Board as necessary,
regarding any significant cybersecurity occurrences.
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