Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 118

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 118
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 that we will be able to negotiate arrangements on acceptable terms, if at all, or that these arrangements will be successful
in yielding commercially viable products. If we cannot establish or maintain these arrangements, we would require additional capital
to undertake such activities on our own and would require extensive manufacturing, sales and marketing expertise that we do not currently
possess and that may be difficult to obtain.

32

In
addition, we could encounter significant delays in introducing our products and technology or find that the development, manufacture
or sale of products incorporating our technology would not be feasible. To the extent that we enter into development, manufacturing,
licensing, sales and marketing or other arrangements, our revenues will depend upon the performance of third parties. We cannot be certain
that any such arrangements will be successful.

We
could face lawsuits related to our use of LBS technology or other technologies, which would be costly, and any adverse outcome could
limit our ability to commercialize our technologies or products.

We
are aware of several patents held by third parties that relate to certain aspects of light scanning displays, 3D sensing products, and
other technologies that are core to our sensor hardware. These patents could be used as a basis to challenge the validity, limit the
scope or limit our ability to obtain additional or broader patent rights of our patents. A successful challenge to the validity of our
patents could limit our ability to commercialize our technology or products incorporating our LBS or other technology and, consequently,
materially reduce our ability to generate revenues. Moreover, we cannot be certain that patent holders or other third parties will not
claim infringement by us with respect to current and future technology. Because U.S. patent applications are held and examined in secrecy,
it is also possible that presently pending U.S. applications could eventually be issued with claims that could be infringed by our products
or our technology.

The
defense and prosecution of a patent suit would be costly and time-consuming, even if the outcome were ultimately favorable to us. An
adverse outcome in the defense of a patent suit could subject us to significant costs, require others and us to cease selling products
incorporating our technology, require us to cease licensing our technology or require disputed rights to be licensed from third parties.
Such licenses, if available, would increase our operating expenses. Moreover, if claims of infringement are asserted against our future
co-development partners or customers, those partners or customers may seek indemnification from us for any damages or expenses they incur.

If