Subsequent Events

12 Months Ended

Dec. 31, 2019

Subsequent Events

Subsequent Events

12.  Subsequent Events

As previously disclosed subsequent to year-end 2019, the World Health Organization declared the novel coronavirus (COVID-19) outbreak a public health emergency.  There have been mandates from international, federal, state and local authorities requiring forced closures of various schools, businesses and other facilities and organizations. While the closures and limitations on movement, domestically and internationally, are expected to be temporary, if the outbreak continues on its current trajectory the duration of the supply chain disruption could reduce the availability, or result in delays, of materials or supplies to or from the Company, which in turn could materially interrupt the Company’s business operations. Given the speed and frequency of continuously evolving developments with respect to this pandemic, the Company cannot reasonably estimate the magnitude of the impact to its results of operations. 

The Company’s operations are continuing in compliance with the New York Governor’s Executive Orders (202.6 202.7 202.8 and the guidance provided by New York State’s Department of Economic Development) regarding “Essential Business” in New York and Homeland Security   Presidential Directive 21 which classifies certain assets and infrastructure as “critical infrastructure.”  As such all personnel deemed essential will continue to report to work and the Company has implemented and will continue to monitor safeguards designed to promote social distancing and a safe working environment.