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 14 - 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 considering 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 more than management’s expectations, our financial condition and operating results for that reporting period could be
materially adversely affected.
ITEM
1A. RISK FACTORS
There
have been no further material changes from the risk factors previously disclosed in Part I, Item 1A “Risk Factors” of our
Annual Report on Form 10-K for the year ended September 30, 2024, filed with the Commission on December 13, 2024 (the “2024 Form
10-K”).
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