Company: TOGIW
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001214659-25-006296
Chunk: 52

Company: TurnOnGreen, Inc.
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 52
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 compete with similar
if not identical products produced by our competitors. These competitive products could be marketed by well-established, successful companies
that possess greater financial, marketing, distribution personnel, and other resources than we do. Using said resources, these companies
can implement extensive advertising and promotional campaigns, both generally and in response to specific marketing efforts by competitors.
They can introduce new products to new markets more rapidly. In certain instances, competitors with greater financial resources may be
able to enter a market in direct competition with us, offering attractive marketing tools to encourage the sale of products that compete
with our products or present cost features that consumers may find attractive.

Existing or new competitors may develop products
or technologies that more effectively address the demands of our customers and markets with enhanced performance, features and functionality
or lower cost. Larger competitors frequently seek to maintain market share and protect customer relationships through heavily discounted
pricing, which we may not be able to match. If we fail to develop and commercialize leading-edge technologies and products that are cost
effective and maintain high standards of quality and introduce them to the market on a timely basis, our competitive position and results
of operations could be materially adversely affected.

Changes in the U. S. tax and other laws and regulations may adversely
affect our business.

The U. S. government may revise tax laws, regulations
or official interpretations in ways that could have a significant adverse effect on our business, including modifications that could reduce
the profits that we can effectively realize, or that could require costly changes to those operations, or the way in which they are structured.
For example, the effective tax rates for most U. S. companies reflect the fact that income earned and reinvested outside the U. S. is generally
taxed at local rates, which may be much lower than U. S. tax rates. If we expand abroad and there are changes in tax laws, regulations
or interpretations that significantly increase the tax rates on non-U. S. income, our effective tax rate could increase, and our profits
could be reduced. If such increases resulted from our status as a U. S. company, those changes could place us at a disadvantage to our
non-U. S. competitors if those competitors remain subject to lower local tax rates.

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Our sales and profitability may be affected by changes in economic,
business and industry conditions.

If the economic climate in the United States or
abroad deteriorates, customers or potential customers could reduce or delay their technology investments. Reduced or