Item 1. Legal Proceedings
ITEM
1. LEGAL PROCEEDINGS
From
time to time, we may become party to litigation or other legal proceedings that we consider to be a part of the ordinary course of our
business.
Such
current litigation or other legal proceedings are described in and incorporated by reference in this “Part II - Item 1. Legal Proceedings”
of this Form 10-Q from, “Part I - Item 1. Financial Statements” in the notes to financial statements in “ Litigation ”
in Note 7 – Commitments and Contingencies. We believe that the resolution of currently pending matters will not individually or
in the aggregate have a material adverse effect on our financial condition or results of operations. Our assessment of current litigation
or other legal claims could change in light of the discovery of facts not presently known to us, or by decisions of judges, juries, or
other finders of fact, that are not in accord with management’s evaluation of the possible liability or outcome of such litigation
or claims.
Additionally,
the outcome of litigation is inherently uncertain. If one or more legal matters are resolved against us in a reporting period for amounts
in excess of management’s expectations, our financial condition and operating results for that reporting period could be materially
adversely affected.
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