Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 187

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 187
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 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 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, regulations and sanctions;

●Foreign
                                            taxes and duties;

●Significant
                                            instability in tariff rates or other trade, tax or monetary policies;

●Changes
                                            or volatility in currency exchange rates and interest rates;

●Global
                                            or regional