Item
7.01 Regulation FD Disclosure
The
information set forth under Item 2.02 of this Current Report is incorporated herein by reference. In addition, on May 12, 2020,
management of the Company plans to discuss the Company’s financial results for the first quarter ended March 31, 2020 and
the Company’s business plan, strategy and outlook on an earnings conference call with analysts and investors. The supplemental
slides to be referenced during the conference call are attached as Exhibit 99.2.
The
information contained in Item 7.01 to this Current Report on Form 8-K, including the exhibit, is being “furnished”
and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated
by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such filing.
Forward
Looking Statements
In
addition to the historical information in this Current Report on Form 8-K and in the exhibits to this Current Report on Form 8-K,
it includes forward-looking statements, such as our expectations regarding future sales, the impact, length and severity of the
COVID-19 pandemic, and the adequacy of the actions taken in response to the pandemic, which involve a number of risks and uncertainties,
including but not limited to those discussed in the “Risk Factors” section contained in Item 1A in our Annual Report
on Form 10-K for the year ended December 31, 2019, the Company’s subsequent filings with the Securities and Exchange Commission,
and the following risks and uncertainties: the Company’s ability to maintain and expand its revenue streams, potential interruptions
of supplier relationships or higher prices charged by suppliers, the Company’s ability to successfully compete and introduce
enhancements and new features that achieve market acceptance and that keep pace with technological developments, the Company’s
access to capital, the Company’s ability to successfully execute its capital allocation strategy, the Company’s ability
to maintain its brand and reputation and retain or replace its significant customers, the impact of a challenging global economic
environment or a downturn in the markets (such as the current economic disruption and market volatility generated by the ongoing
COVID-19 pandemic), economic and political risks of selling products in foreign countries (including tariffs), risks of non-compliance
with U.S. and foreign laws and regulations, potential sales tax collections and claims for uncollected amounts, cybersecurity
risks and risks of damage and interruptions of information technology systems, the Company’s ability to retain key members
of management and successfully integrate new executives, the Company’s ability to complete acquisitions, strategic investments,
entry into new lines of business, divestitures, mergers or other transactions on acceptable terms or at all, the Company’s
ability to utilize or assert its intellectual property rights, the impact of natural disasters and other catastrophic events (such
as the ongoing COVID-19 pandemic), the adequacy of insurance and the impact of having a controlling stockholder. Given the risks
and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements
are predictions of future results which may not occur as anticipated. Many of the risks listed above have been, and may be further
be, exacerbated by the COVID-19 pandemic, its impact on the cinema and entertainment industry, and the worsening economic environment.
Actual results could differ materially from those anticipated in the forward-looking statements and from historical results, due
to the risks and uncertainties described herein, as well as others not now anticipated. New risk factors emerge from time to time
and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on our
business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those
contained in any forward-looking statements. Except where required by law, the Company assumes no obligation to update forward-looking
statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.