Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 230

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 1A
Chunk 230
---
, we could experience a severe negative
effect on our financial results and stock price. The loss of the services of any key personnel, marketing or other personnel or our failure
to attract, integrate, motivate, and retain additional key employees could have a material adverse effect on our business, operating
and financial results and stock price.

Investment
in acquisitions and new business strategies could disrupt our ongoing business, present risks not originally contemplated and adversely
affect Zircon’s business, reputation, results of operations and financial condition.

We
have invested, and in the future may invest, in new business strategies and acquisitions. Such endeavors may involve significant risks
and uncertainties, including distraction of management from current operations, greater-than-expected liabilities and expenses, economic,
legal, and regulatory challenges associated with operating in new businesses, regions or countries, inadequate return on capital, potential
impairment of tangible and intangible assets, and significant write-offs. Investment and acquisition transactions are exposed to additional
risks. We cannot assure that we will be able to fully realize the anticipated benefits of a transaction. These new ventures are inherently
risky and may not be successful. The failure of any significant investment could adversely affect our business, reputation, results of
operations and financial condition.

Legal
and Regulatory Compliance Risks

We
are subject to complex and changing laws and regulations, which expose us to potential liabilities, increased costs and other adverse
effects on our business.

Our
operations are subject to complex and changing laws and regulations on subjects, including privacy, data security and data localization;
consumer protection; advertising, sales, billing and e-commerce; product liability; intellectual property ownership and infringement;
availability of third-party software applications and services; labor and employment; anticorruption; import, export and trade; foreign
exchange controls and cash repatriation restrictions; foreign ownership and investment; tax; and environmental, health and safety, including
electronic waste, recycling, and climate change.

Compliance
with these laws and regulations that affect our business can be onerous and expensive, increasing the cost of conducting our operations.
Changes to laws and regulations can adversely affect our business by increasing our costs, limiting our ability to offer a product to
customers, requiring changes to our supply chain and business practices or otherwise making our products less attractive to customers.
We have implemented policies and procedures designed to ensure compliance with applicable laws and regulations, but there can be no assurance
that our employees, contractors or agents will not violate such laws and regulations or our policies