Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 35

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 3
Chunk 35
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 result in material misstatements in our financial statements
and a failure to meet our reporting obligations. Any such failure could cause investors to lose confidence in the accuracy of our financial
reports, harm our reputation, and adversely affect the market price of our common stock.

Our
internal controls over financial reporting for fiscal year 2024 include controls of our subsidiary, MicroVision GmbH, which became a
significant subsidiary upon the closing of our acquisition of assets from Ibeo in 2023. Given the added complexity stemming from the
inclusion of our German subsidiary within our control environment, the risk of a material weakness in internal controls will be higher
than it has been to date.

Our
stock price has fluctuated in the past, has recently been volatile and may be volatile in the future, and as a result, investors in our
common stock could incur substantial losses.

Our
stock price has fluctuated significantly in the past, has recently been volatile, and may be volatile in the future. Over the 52-week
period ending May 5, 2025, our common stock has traded at a low of $0.80 and a high of $1.95. We may continue to experience sustained depression
or substantial volatility in our stock price in the foreseeable future unrelated to our operating performance or prospects. For the three
months ended March 31, 2025, we incurred a loss per share of $0.12.

As
a result of this volatility, investors may experience losses on their investment in our common stock. The market price for our common
stock may be influenced by many factors, including the following:

  ●
  investor reaction to our business strategy;

  ●
  the success of competitive products or technologies;

  ●
  strategic developments;

  ●
  the timing and results of our development and commercialization
efforts with respect to our perception solutions and lidar sensors;

  ●
  changes in regulatory or industry standards applicable to our
solutions or technologies;

  ●
  variations in our or our competitors’ financial and operating
results;

  ●
  developments concerning our collaborations or partners;

  ●
  developments or disputes with any third parties that supply,
manufacture, sell or market any of our products or component parts;

  ●
  developments or disputes concerning patents or other proprietary
rights, including patents, litigation matters and our ability to obtain patent protection for our technology;

  ●
  actual or perceived defects in any of our products, if commercialized