Company: TOGIW
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001214659-25-006296
Chunk: 27

Company: TurnOnGreen, Inc.
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 27
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 technology or otherwise obtain access to our
technology. To protect our rights in these areas, we require all employees, consultants and others who work for or with us to enter into
confidentiality agreements. We cannot be sure, however, that these agreements will provide meaningful protection for our trade secrets,
know-how or other information in the event of any unauthorized use, misappropriation or disclosure.

Failure of our information technology infrastructure
to operate effectively could adversely affect our business.

We depend heavily on information technology infrastructure
to achieve our business objectives. If a problem occurs that impairs this infrastructure, the resulting disruption could impede our ability
to record or process orders, manufacture and ship in a timely manner, or otherwise carry on business in the normal course. Any such event
could cause us to lose customers or revenue and could require us to incur significant expenses to remediate.

Our insurance coverage and indemnity may be
insufficient to cover potential liabilities we may face due to the risks inherent in the products and services we provide.

We are exposed to liabilities that are unique
to the products and services we provide. A significant portion of our business relates to designing, developing and manufacturing components,
integrated assemblies and subsystems for advanced defense, medical, transportation, industrial, technology and communications systems
and products. New technologies associated with these systems and products may be untested or unproven. Components of certain defense systems
and products we develop are inherently dangerous. Failures of satellites, missile systems, air traffic control systems, homeland security
applications and aircraft have the potential to cause loss of life and extensive property damage. In most circumstances, we may receive
indemnification from the government end users of our defense offerings in the United States, the United Kingdom and Israel. In addition,
failures of products and systems that we manufacture or distribute for medical devices, transportation controls or industrial systems
also have the potential to result in loss of life, personal injury and/or extensive property damage.

While we maintain insurance for certain risks,
the amount of our insurance coverage may not be adequate to cover all claims or liabilities, and we may be forced to bear substantial
costs from an accident or incident. It also is not possible for us to obtain insurance to protect against all operational risks and liabilities.
Substantial claims resulting from an incident in excess of government indemnity and our insurance coverage would harm our financial condition,
results of operations and cash flows. Moreover, any accident or incident for which we are liable, even if fully insured, could negatively