Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 61

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 unknown liabilities of the acquired business. Moreover, the costs of identifying
and consummating acquisitions may be significant.

Before
our acquisition of assets from Ibeo, we had no experience with acquisitions or the integration of acquired technology and personnel.
Failure to successfully identify, complete, manage, and integrate acquisitions could materially and adversely affect our business, financial
condition, and results of operations and could cause our stock price to decline.

Our
suppliers’ or manufacturing partners’ facilities could be damaged or disrupted by a natural disaster or labor strike, either
of which would materially affect our financial position, results of operations and cash flows.

A
major catastrophe, such as an earthquake, monsoon, or flood; infectious disease outbreak, such as the COVID-19 virus; or other natural
disasters, labor strikes, or work stoppages at our suppliers’ or manufacturers partners’ facilities or our customers, could
result in a prolonged interruption of our business. A disruption resulting from any one of these events could cause significant delays
in product shipments and the loss of sales and customers, which could have a material adverse effect on our financial condition, results
of operations, and cash flows.

If
we are unable to obtain effective intellectual property protection for our products, processes and technologies, we may be unable to
compete with other companies.

Intellectual
property protection for our products, processes and technologies is important and uncertain. If we do not obtain effective intellectual
property protection for our products, processes and technologies, we may be subject to increased competition. Our commercial success
will depend, in part, on our ability to maintain the proprietary nature of our key technologies by securing valid and enforceable patents
and effectively maintaining unpatented technologies as trade secrets.

We
protect our proprietary technologies by seeking to obtain United States and foreign patents in our name, or licenses to third party patents,
related to proprietary technologies, inventions, and improvements that may be important to the development of our business. However,
our patent position involves complex legal and factual questions. The standards that the United States Patent and Trademark Office and
its foreign counterparts use to grant patents are not always applied predictably or uniformly and can change.

Additionally,
the scope of patents is subject to interpretation by courts and their validity can be subject to challenges and defenses, including challenges
and defenses based on the existence of prior art. Consequently, we cannot be certain as to the extent to which we will be able to obtain
patents for our new products and technologies or the extent to which