Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 90

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 1
Chunk 90
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 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.

34

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