Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 165

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 3
Chunk 165
---
 impact our financial condition
and results of operations.

ITEM
4. CONTROLS AND PROCEDURES

Under
the supervision and with the participation of our management, including our Principal Executive Officer and Principal Financial Officer,
we have evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities
Exchange Act of 1934) as of the end of the period covered by this report and, based on this evaluation, our Principal Executive Officer
and Principal Financial Officer have concluded that these disclosure controls and procedures are effective. There were no changes in
our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Securities Exchange Act of 1934) that
occurred during the quarter ended June 30, 2025 that have materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

27

PART
II.

ITEM
1. LEGAL PROCEEDINGS

We
are subject to various claims and pending or threatened lawsuits in the normal course of business. We are not currently party to any
other legal proceedings that management believes are reasonably possible to have a material adverse effect on our financial position,
results of operations or cash flows.

ITEM
1A. RISK FACTORS

You
should carefully consider the risks described below together with the other information set forth in this report, which could materially
affect our business, financial condition and future results. The risks described below are not the only risks facing our company. Risks
and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business,
financial condition and operating results.

Risk
Factors Related to Our Business

We
have a history of operating losses and expect to incur significant losses in the future.

We
have had substantial losses since our inception. We cannot assure you that we will ever become or remain profitable.

●As
                                            of June 30, 2025, we had an accumulated deficit of $905.3 million.

●We
                                            incurred net losses of $862.3 million from inception through 2024, and a net loss of $43.0
                                            million during the six months ended June 30, 2025.

The
likelihood of our success must be considered in light of the expenses, difficulties and delays frequently encountered by companies formed
to develop and commercialize new technologies