Legal Proceedings
−Removed: We are party to pending litigation and claims in connection with the ordinary course of our business.
−Removed: We make provisions for estimated losses to be incurred in such litigation and claims, including legal costs, and we believe such provisions are adequate.
−Removed: See Item I, "Financial Statements - Note 7, Commitments and Contingencies", within the notes to our unaudited condensed consolidated financial statements for a summary of material legal proceedings, in addition to Part I, Item 3, "Legal Proceedings" of our Annual Report on Form 10-K filed with the SEC on March 15, 2024.
+Added: We are subject to various legal proceedings and claims that arise the ordinary course of business.
+Added: We believe the ultimate liability, if any, with respect to these actions will not materially affect the unaudited condensed consolidated financial position, results of operations, or cash flows reflected in the unaudited condensed consolidated financial statements.
+Added: There can be no assurance, however, that the ultimate resolution of such actions will not materially or adversely affect our unaudited condensed consolidated financial position, results of operations, or cash flows.
+Added: We accrue for losses when the litigation and claim, including legal costs, is deemed probable and the liability can reasonably be estimated.
+Added: For information in response to this item, see Part I, Item I, "Financial Statements - Note 7, Commitments and Contingencies", within the notes to our unaudited condensed consolidated financial statements and for a summary of material legal proceedings see Part I, Item 3, "Legal Proceedings" of our Annual Report on Form 10-K filed with the SEC on March 10, 2025.
There have been no material changes from the risk factors previously disclosed in our Annual Report on Form 10-K Part I, Item "1A.
−Removed: Risk Factors" for the year ended December 31, 2023.
+Added: Risk Factors" for the year ended December 31, 2024 filed with the SEC on March 10, 2025.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.