Note 16. Subsequent Events

Events occurring after March 31, 2020, have been evaluated for possible adjustment to the condensed consolidated financial statements or disclosure as of May 21, 2020, which is the date the condensed consolidated financial statements were available to be issued. The COVID-19 pandemic has caused widespread adverse impacts to the economy and financial markets, and to the Company’s employees, customers, suppliers and other business partners. The Company has taken certain actions, many of which began in the second quarter of 2020, that include reductions in employee compensation costs and other targeted cost reductions.   Additionally, on April 8, 2020, the Company entered into an amendment on the Term Loan Facility.  See Note 10. The Company continues to evaluate the impact of COVID-19 on its operations, although the ultimate extent to which COVID-19 impacts our business, results of operations, liquidity and financial condition will depend on future developments, which are highly uncertain.