v3.26.1
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2026
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 13 — COMMITMENTS AND CONTINGENCIES

 

See Note 7 for leases.

 

From time to time the Company may become subject to legal proceedings and claims arising in the ordinary course of business. Management is not currently aware of any matters that would have a material adverse effect on the consolidated financial position or results of operations.

 

Under his employment agreement, the Chief Technology Officer is entitled to severance equal to base salary for the month of termination plus six months, together with a prorated portion of incentive compensation, upon termination without cause, for good reason, or on death or disability.