Company: TOGIW
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001214659-25-006296
Chunk: 31

Company: TurnOnGreen, Inc.
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 31
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 in the operations of our customers, due to climate change, earthquake, flood, other natural
catastrophic events, public health crises or terrorism could result in cancellation of orders, delays in deliveries or other business
activities, or loss of customers and could seriously harm our business.

We have operations, suppliers and customers located
in the U. S., China and Israel. Operations at our manufacturing facilities and our assembly subcontractors and those of our suppliers,
as well as our other operations and those of our customers, are subject to disruption for a variety of reasons, including work stoppages,
acts of war such as Russia’s invasion of Ukraine, terrorism, public health crises, fire, earthquake, volcanic eruptions, drought,
storms, sea-level rise, extreme temperatures, energy shortages, spikes in energy demand or power blackouts, disruptions in the availability
of water necessary for our operations (including, but not limited to, in areas of relatively high water stress), flooding or other natural
disasters; and certain of these events may become more frequent or intense as a result of climate change. Such disruption could in the
future cause inefficiencies in our workforce and delays in, among other things, shipments of products to our customers, our ability to
perform services requested by our customers, the ability of our suppliers to supply us components for our products in a timely manner,
or the timely installation and acceptance of our products at customer sites. Such disruptions could also induce illiquidity for our customers
and suppliers, further straining our supply chain and causing continued uncertainty in customers’ abilities to pay for the products
they purchase and their demand for our products and services. In case of any disruptions in our supply chain, we may need to commit to
increased purchases and provide longer lead times to secure critical components, which could increase inventory obsolescence risk.

Changes to fuel economy standards may negatively
impact the EV market and thus the demand for our products and services.

As regulatory initiatives have required an increase
in the mileage capabilities of cars, consumption of renewable transportation fuels, such as ethanol and biodiesel, and consumer acceptance
of EVs and other alternative vehicles has been increasing. If fuel efficiency of non-electric vehicles continues to rise, whether
as the result of regulations or otherwise, and affordability of vehicles using renewable transportation fuels improves, the demand for
electric and high energy vehicles could diminish. Regulatory bodies may also adopt rules that substantially favor certain alternatives
to petroleum-based propulsion over others, which may not necessarily be EVs. This may