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ITEM 1A. RISK FACTORS.
In addition to the other information set forth in this report, you should carefully consider the factors discussed in the Risk Factors in the Companys Form 10-K for the year ended December 31, 2023 and our other public filings, which could materially affect our business, financial condition or future results.
Our business could be negatively affected as a result of actions of activist stockholders or others.
We may bare subject to actions orand proposals from stockholders orand others that maydo not align with our business strategies or the interests of our other stockholders. Responding to such actions can be is costly and time-consuming, disrupts our business and operations and diverts the attention of our board of directors, management and employees from the pursuit of our business strategies. Such activities could interferes with our ability to execute our strategic plan. Activist stockholders or others may create perceived uncertainties as to the future direction of our business or strategy which may be exploited by our competitors and may make it more difficult to attract and retain qualified personnel and potential customers, and may affect our relationships with current customers, vendors, investors and other third parties. In addition, a Knighted Pastures LLC has initiated a proxy contest for the election of directors at our 2024 annual meeting would of stockholders which has required us to incur significant legal fees and proxy solicitation expenses and require significant time and attention by management and our board of directors. The perceived uncertainties as to our future direction also could affect the market price and volatility of our securities.