(18) Legal Proceedings / Litigation Reserves

As of December 31, 2025, the Company was not a party to any pending or threatened legal proceedings that are expected to have a material effect on its financial condition, results of operations, or cash flows.

In accordance with ASC 450, Contingencies, the Company evaluates potential legal exposures and records a liability when it is probable that a loss has been incurred and the amount of loss can be reasonably estimated. As of December 31, 2025, no loss contingencies have been recorded and no litigation reserves have been established.