Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS
From time to time, the Company may become involved
in lawsuits and other legal proceedings that arise in the course of business. Litigation is subject to inherent uncertainties, and
it is not possible to predict the outcome of litigation with total confidence. Except as disclosed below, the Company is currently not
aware of any legal proceedings or potential claims against it whose outcome would be likely, individually or in the aggregate, to have
a material adverse effect on the Company’s business, financial condition, operating results, or cash flows.
Lawsuit Brought by Current Employee
On July 15, 2020, an employee of the Company filed a Complaint alleging
unequal pay based on gender and other employment-based claims. On April 9, 2021, the Company settled this Complaint for an immaterial
amount.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.