Algorhythm Holdings, Inc. 10-Q

ITEM 1. LEGAL PROCEEDINGS We are not a party to, and our property is not the subject of, any pending material legal proceedings. From time to time, we may become involved in legal proceedings arising in the ordinary course of our business. Regardless of outcome, litigation can have an adverse impact on us due to defense and settlement costs, diversion of management resources, negative publicity, reputational harm and other factors.. ITEM 1A. RISK FACTORS Not required for small reporting companies. ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS None. ITEM 3. DEFAULTS UPON SENIOR SECURITIES We are not currently in default upon any of our senior securities. ITEM 4. MINE SAFETY DISCLOSURES None.