Item 1A. Risk Factors
Item
1a. Risk Factors
In
addition to the other information set forth in this Quarterly Report, shareholders should carefully consider the factors discussed in
Item 1A, Risk Factors, of our Annual Report on Form 10-K for the year ended December 31, 2023, which could materially affect our business,
financial condition, or future results. The risks described in our Annual Report on Form 10-K are not the only risks facing the Company.
Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely
affect our business, financial condition and/or operating results.
We
are currently engaged in litigation and collecting an arbitration award with the Vivos Group, the outcome
of which could materially harm our business and financial results.
As
more fully described in Note 6 (Commitments and Contingencies) of the Notes to Unaudited Condensed Consolidated Financial
Statements, while we received a favorable arbitration outcome with the Vivos Group, but the ultimate collection of cash and shares is unknown.
The
collection process is complex, and has caused and could continue to cause us to incur significant costs,
as well as distract our management over an extended period.
20
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
None.
Item
3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
Not applicable.
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