Company: ECIA
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001079973-25-001132
Chunk: 15

Company: ENCISION INC
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 15
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, 2020. It is on the FDA's website at:

https://www.fda.gov/MedicalDevices/Safety/AlertsandNotices/ucm608637.htm.

The Safety Communication states that, "In
addition to serving as an ignition source, monopolar energy use can directly result in unintended patient burns from capacitive coupling
and intra-operative insulation failure. If a monopolar electrosurgical units (ESU) is used: Do not activate when near or in contact with
other instruments.”

Environmental
Laws and Regulations

From time to time we receive materials returned
from customers, sales representatives and other sources which are potentially biologically hazardous. These materials are segregated,
and disposed of in accordance with specific procedures that minimize potential exposure to employees. The costs of compliance with these
procedures are not significant. Our operations, in general, do not involve the use of environmentally sensitive materials.

Insurance

We are covered under comprehensive general liability
insurance policies, which have per occurrence and aggregate limits of $1 million and $2 million, respectively, and a $10 million umbrella
policy. We maintain customary property and casualty, workers’ compensation, employer liability and other commercial insurance policies.

Employees

As of March 31, 2025, we employed 22 full-time
and 2 part-time individuals, of which 3 full-time and 1 part-time are engaged directly in research, development, and regulatory activities,
6 full-time and 1 part time in manufacturing/operations, 6 full-time in marketing and sales, and 7 full-time time in administrative positions.
None of our employees are covered by a collective bargaining agreement, and we consider our relations with our employees to be good.

Available information

Our internet address is www.encision.com. We
are not including the information contained in our website as part of, or incorporating it by reference into, this document. We make available,
free of charge, through our website our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments
to these reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act, as soon as reasonably practicable after
we electronically file such materials with, or furnish such materials to, the SEC.

Item 1A. Risk Factors

You should carefully consider the risk factors
described below. If any of the following risk factors actually occur, our business, prospects, financial condition or