Item 1. Legal Proceedings
Item
1. Legal Proceedings
We
are not party to any material legal proceedings. From time to time, we may be involved in legal proceedings or subject to claims incident
to the ordinary course of business. Regardless of the outcome, such proceedings or claims can have an adverse impact on us because of
defense and settlement costs, diversion of resources and other factors, and there can be no assurances that favorable outcomes will be
obtained.
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