Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 43

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 3
Chunk 43
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 us and, in some instances, may have internal solutions that are competitive to our products. These large, multinational companies
also have significant resources, which may allow them to acquire or develop competitive technologies either independently or in partnership
with others. Accordingly, even after investing significant resources to develop a product, we may not secure a series production award
or, even after securing a series production award, may not be able to commercialize a product on profitable terms. If our products are
not selected by these large companies or if these companies develop or acquire competitive technology or negotiate terms that are disadvantageous
to us, it will have an adverse effect on our business prospects.

Our
technology and products may be subject to environmental, health and safety regulations that could increase our development and production
costs.

Our
technologies and products could become subject to environmental, health and safety regulations or amendments that could negatively impact
our ability to commercialize our technologies and products. Compliance with any such current or new regulations would likely increase
the cost to develop and commercialize products, and violations may result in fines, penalties or suspension of production. If we become
subject to any environmental, health, or safety laws or regulations that require us to cease or significantly change our operations to
comply, our business, financial condition and operating results could be adversely affected.

Our
operating results may be adversely impacted by worldwide political and economic uncertainties and specific conditions in the markets
we address.

At
various times in our history, including currently and in the recent past, general worldwide economic conditions have experienced
downturns due to slower economic activity, concerns about inflation, tariffs, increased energy costs, decreased consumer confidence,
reduced corporate profits and capital spending, and adverse business conditions. Any continuation or worsening of global economic
and financial conditions could materially adversely affect: (i) our ability to raise, or the cost of, needed capital, (ii) demand
for our current and future products, and (iii) our ability to commercialize products. Additionally, the outbreak of wars or
infectious diseases, as recently experienced, may cause an unexpected deterioration in economic conditions. We cannot predict the
timing, strength, or duration of any economic slowdown or subsequent economic recovery, worldwide, regionally or in the industrial,
automotive or technology sectors.

Because
a significant proportion of our company is outside of the U.S. and we utilize foreign suppliers and manufacturers, our operating results
could be harmed by economic, political, regulatory and other factors