Item 1. Legal Proceedings
ITEM
1. LEGAL PROCEEDINGS
From
time to time, we may become involved in various lawsuits and legal proceedings that arise in the ordinary course of our business. Litigation
is, however, subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may
harm our business. We are currently not aware of any legal proceedings or claims that we believe would or could have, individually or
in the aggregate, a material adverse effect on us. Regardless of final outcomes, however, any such proceedings or claims may nonetheless
impose a significant burden on management and employees and may come with costly defense costs or unfavorable preliminary interim rulings.
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