Quarterly report pursuant to Section 13 or 15(d)

Covid-19 Uncertainty

v3.20.2
Covid-19 Uncertainty
6 Months Ended
Jun. 30, 2020
Extraordinary And Unusual Items [Abstract]  
Covid-19 Uncertainty

NOTE 15—Covid-19 Uncertainty

The Company is closely monitoring the impact of the COVID-19 global outbreak and its resulting impact on our manufacturing operations and supply chain, with our top priority being the health and safety of our employees, customers, partners, and communities.

The Company believes our sales partners have ample inventory to continue meeting customer needs in the near term. However, demand for our solutions may be reduced as a result of the COVID-19 outbreak and resulting market uncertainty. It also remains possible that our results could be negatively impacted by interruptions in the global supply chain due to the unpredictable spread of this pandemic. The magnitude of any potential impact is unknown, as it is unclear how long it will take for the overall supply chain to return to normal. We are working closely with our partners and suppliers to manage this process.

 

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