Company: LASR
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001124796-25-000021
Chunk: 31

Company: NLIGHT, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1A
Chunk 31
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 limitations, we may not be able to utilize a material portion of, or possibly any of, our NOLs and credit carryforwards, which could materially adversely affect our cash flows.

Risks Related to Ownership of Our Common Stock

The market price of our common stock may be volatile, and the value of your investment could decline significantly.

The trading price of our common stock has been and is likely to continue to be volatile. Factors that could cause fluctuations in the trading price of our common stock include the following:

•price and volume fluctuations in the overall stock market from time to time;

•changes in operating performance, stock market valuations and volatility in the market prices of other technology companies generally, or those in our industry in particular;

•actual or anticipated quarterly variations in our results of operations or those of our competitors;

•actual or anticipated changes in our growth rate relative to our competitors;

•announcements by us or our competitors of acquisitions, new products, significant contracts, commercial relationships or capital commitments;

•manufacturing, labor or supply interruptions;

•developments with respect to intellectual property rights;

•our ability to develop and market new and enhanced products on a timely basis;

•commencement of, or our involvement in, litigation;

•major changes in our Board of Directors, management or key personnel;

•changes in governmental regulations or in the status of our regulatory approvals;

•actual or perceived privacy, data protection or cybersecurity breaches or incidents;

•the trading volume of our stock;

•any future sales or repurchases of our common stock or other securities, or the perception that these sales or repurchases could occur;

•failure of financial analysts to maintain coverage of us, changes in financial estimates by any analysts who follow our company or our failure to meet these estimates or the expectations of investors;

•spending on defense-related projects by the U.S. government;

•the impact of public health crises, geopolitical events and macroeconomic conditions on our business, results of operations and financial condition;      

•fluctuations in the values of companies perceived by investors to be comparable to us;

•the financial projections we may provide to the public, any changes in these projections or our failure to meet these projections; and

•general economic conditions and slow or negative growth of related markets.

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The stock market in general, and market prices for the securities of technology companies like ours in particular, have from time to time experienced volatility that often has been unrelated to the operating performance of the underlying companies. These broad market and industry fluctuations may adversely affect