Item 1A. Risk Factors
ITEM 1A.
RISK FACTORS
Effects of COVID-19
The pandemic caused by an outbreak of COVID-19
has resulted, and is likely to continue to result, in significant national and global economic disruption and may adversely affect our
business. Based on the Company’s current assessment, the Company does not expect any material impact on its long-term development
timeline and its liquidity due to the worldwide spread of the COVID-19 virus. However, the Company is actively monitoring this situation
and the possible effects on its financial condition, liquidity, operations, suppliers, industry, and workforce.
There have been no material changes to the risk
factors under Part I, Item 1A of our Form 10-K for the year ended December 31, 2020, which include more detailed risk factors
related to COVID-19.
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