Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 228

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 228
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 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 in foreign countries.

During
2021, we established an office in Germany and on January 31, 2023, we completed our acquisition of certain assets of Ibeo, with the result
that we now have more employees and operations in Germany than in the U.S. In addition, we currently use foreign suppliers and partners
and plan to continue to do so to manufacture current and future components and products, where appropriate. These international operations
are subject to inherent risks, which may adversely affect us, including, but not limited to:

●Political
                                            and economic instability, international terrorism and the outbreak of war, such as the Russian
                                            invasion and continuing war against Ukraine and the ongoing conflict in the Middle East, as well as potential trade-related conflicts;

●High
                                            levels of inflation, as has historically been the case in a number of countries in Asia;

●Burdens
                                            and costs of compliance with a variety of foreign laws