Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 26

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 26
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 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 the patents that we already own protect our products and technologies.
Reduction in scope of protection or invalidation of our licensed or owned patents, or our inability to obtain new patents, may enable
other companies to develop products that compete directly with ours on the basis of the same or similar technologies.

We
also rely on the law of trade secrets to protect unpatented know-how and technologies to maintain our competitive position. We try to
protect this know-how and our technologies by limiting access to the trade secrets to those of our employees, contractors and partners,
with a need-to-know such information and by entering into confidentiality agreements with parties that have access to it, such as our
employees, consultants and business partners. Any of these parties could breach the agreements and disclose our trade secrets or confidential
information, or our competitors might learn of the information in some other way. If any trade secret not protected by a patent were
to be disclosed to or independently developed by a competitor, our competitive position could be negatively affected.

We
could be subject to significant product liability claims that could be time consuming and costly, divert management attention and adversely
affect our ability to obtain