LEGAL PROCEEDINGS
−Removed: From time to time, we and our subsidiaries may be parties to legal
−Removed: proceedings arising in the normal course of our business.
−Removed: We and our subsidiaries are currently not a party, nor is our property subject,
−Removed: to any material pending legal proceedings.
−Removed: Regardless of outcome, such proceedings or claims can have an adverse impact on us because
−Removed: of defense and settlement costs, diversion of resources and other factors and there can be no assurances that favorable outcomes will
+Added: We are currently not a party, nor is our property subject, to any material pending legal proceedings.
+Added: From time to time, we may be subject to various claims, lawsuits and other legal and administrative proceedings that may arise in the ordinary course of business.
+Added: Some of these claims, lawsuits and other proceedings may involve highly complex issues that are subject to substantial uncertainties, and could result in damages, fines, penalties, non-monetary sanctions or relief.
+Added: We recognize provisions for claims or pending litigation when we determine that an unfavorable outcome is probable and the amount of loss can be reasonably estimated.
+Added: Due to the inherent uncertain nature of litigation, the ultimate outcome or actual cost of settlement may materially vary from estimates.
+Added: As of March 31, 2025, we did not recognize any provisions for legal proceedings.
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.