Item 1. Legal Proceedings
Item 1. Legal Proceedings.
We have a limited operating
history. Currently, we are not involved in, nor are we aware of any threats of, legal or administrative proceedings that, in management’s
opinion, would have a material adverse effect on our business, financial condition, cash flow, or operating results. However, as our
business grows, we may from time to time become involved in legal or administrative proceedings in the ordinary course of business, including
those related to intellectual property infringement, third-party license violations, contract disputes, and labor or employment
claims. Any such proceedings, if significant, could have a material adverse effect on our business, financial condition, cash flow, or
operating results.
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