▸ Delaware be the exclusive forum for certain actions would not apply to suits brought to enforce any liability or duty created by the Exchange Act.· · · · ● 1 ▸ Projections are based upon a number of assumptions and estimates that, while presented with numerical specificity, are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which· · · · ● 1 ▸ We are a “smaller reporting company” and, because we have opted to use the reduced reporting requirements available to us, certain investors may find investing in our securities less attractive.· · · · ● 1 ▸ We are also a non-accelerated filer under the Exchange Act of 1934, and we are not required to comply with the auditor attestation requirements of Section 404(b) of the Sarbanes-Oxley Act of 2002. Therefore, our internal controls· · · · ● 1 ▸ We differentiate ourselves from our competition through our commitment to an exceptional customer experience. Accordingly, high quality customer service is important for the growth of our business and any failure to maintain such· · · · ● 1 ▸ A pandemic, epidemic or outbreak of an infectious disease may adversely affect our business.· · ● ● ● 3 rw ▸ We need to continue to build and develop our sales, marketing and customer service organization, and to engage with domestic and international channel partners to support our planned growth.· · ● ● ● 3 ▸ Failure to protect our intellectual property could affect our ability to secure additional contracts or preserve market advantages when we commercialize our products.· ● ● ● ● 4 ▸ group Risks related to macroeconomic conditions· ● ● ● ● 4 ▸ As a contractor and subcontractor to the U.S. government, we are subject to various laws and regulations that are more restrictive than those applicable to non-government contractors, including the Federal Acquisition Regulations and· · · ● · 1 ▸ Our amended and restated certificate of incorporation specifies that, unless we consent in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware is the sole and exclusive forum for most legal· · · ● · 1 ▸ The majority of our operations are currently conducted at two locations and any disruption at either of these facilities could negatively impact our operations and increase our expenses.· · · ● · 1 ▸ Artificial intelligence presents risks and challenges that can impact our business including by posing security risks to our confidential information, proprietary information, and personal data.· · ● ● · 2 ▸ Most of our channel partner relationships are non-exclusive and permit such channel partners to distribute competing products. As such, our channel partners may not commit the necessary resources to market our products to· · ● · · 1 ▸ We are subject to various and evolving laws and regulations governing the privacy and security of personal data, and our failure to comply could result in fines or criminal penalties and damage our reputation and result in the loss of business.· · ● ● · 2 ▸ Customers utilize our service teams and online content for help with a variety of topics, including how to use our products efficiently, how to integrate our products into existing workflows, and how to resolve technical, analysis, and· ● · · · 1 ▸ Our products are or may be subject to U.S. export controls, including the International Traffic in Arms Regulations, or ITAR, the Export Administration Regulations, or EAR, the Office of Foreign Assets Control, or OFAC, and other· ● · · · 1 ▸ The COVID-19 global pandemic, and any future outbreaks or other public health emergencies, could materially affect our business, liquidity, financial condition and operating results.· ● · · · 1 ▸ group General risks related to our business● · · · · 1 ▸ If we experience a significant disruption in our information technology systems and infrastructure, or security breaches or compromises of data security, our business could be adversely affected.● ● ● ● · 4 rw ▸ Insiders own a significant portion of our outstanding common stock and therefore have substantial control over us and are able to influence corporate matters.● ● · · · 2 ▸ Labor shortages could adversely affect our results of operations.● · · · · 1 ▸ Raising additional capital may cause dilution to our existing stockholders or restrict our operations.● · · · · 1 ▸ The COVID-19 pandemic has also created many negative headwinds that present risks to our business and results of operations. For example, it has generally disrupted the operations of our customers and prospective customers, and● · · · · 1 ▸ The sizes of the markets for our solutions may be smaller than estimated and new market opportunities may not develop as quickly as we expect, or at all, limiting our ability to successfully sell our products.● ● ● ● · 4 ▸ We are an “emerging growth company” and the reduced disclosure requirements applicable to “emerging growth companies” may make our common stock less attractive to investors.● ● ● ● · 4 ▸ We are subject to governmental export controls that could impair our ability to compete in international markets.● ● ● ● · 4 ▸ We have limited experience in marketing and sales and are in the early stages of building our sales channels in the life science market and internationally.● ● · · · 2 ▸ We may also be required to obtain licenses from the U.S. government before we can work with foreign entities on the development of our products.● ● ● ● · 4 ▸ We rely on assumptions and estimates and data to calculate certain of our key metrics, and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business.● ● · · · 2 ▸ Substantially all of our manufacturing operations are currently conducted at one location, and any disruption at this facility could negatively impact our operations and increase our expenses.● ● ● · ● 4 rw ▸ These rights and remedies have the potential to limit our sales to, and increase our costs of doing business with both government and commercial customers, which could materially adversely affect our growth prospects and operating results.● ● · ● ● 4 rw ▸ As we continue to expand our business globally, our success will depend, in large part, on our ability to anticipate and effectively manage these and other risks associated with our international operations.● ● ● ● ● 5 ▸ Changes in patent law in the United States and other jurisdictions could diminish the value of patents in general, thereby impairing our ability to protect our products.● ● ● ● ● 5 ▸ Changes in tax laws or regulations that are applied adversely to us or our customers may have a material adverse effect on our business, cash flow, financial condition or results of operations.● ● ● ● ● 5 ▸ Claims by other parties that we infringe or misuse their proprietary technology could subject us to significant liability and could force us to redesign our products or to incur significant costs.● ● ● ● ● 5 ▸ Future interpretations of existing accounting standards could adversely affect our operating results.● ● ● ● ● 5 ▸ If securities or industry analysts do not publish research or reports about our business or if they issue unfavorable commentary or downgrade our common stock, the price of our common stock could decline.● ● ● ● ● 5 ▸ If we fail to offer high quality customer service, our business and reputation could suffer.● ● ● ● ● 5 ▸ If we were to be sued for product liability, we could face substantial liabilities that exceed our resources.● ● ● ● ● 5 ▸ In the future we may be involved in litigation related to intellectual property, which could be time-intensive and costly and may adversely affect our business, financial condition, results of operations, and prospects.● ● ● ● ● 5 ▸ Issued patents covering our products could be found invalid or unenforceable if challenged.● ● ● ● ● 5 ▸ Our ability to compete and the success of our business could be jeopardized if we are unable to protect our intellectual property adequately.● ● ● ● ● 5 ▸ Our ability to use our net operating losses and certain other tax attributes may be limited.● ● ● ● ● 5 ▸ Our actual operating results may differ significantly from any operating guidance we may provide.● ● ● ● ● 5 ▸ Our business has inherent operational risks that cannot be adequately covered by insurance or indemnity.● ● ● ● ● 5 ▸ Our business is subject to laws and regulations that are more restrictive because we are a contractor and subcontractor to the U.S. government.● ● ● ● ● 5 ▸ Our contracts with the U.S. government may impose requirements that may be unfavorable to us and that may have a material adverse effect on our growth prospects and operating results.● ● ● ● ● 5 ▸ Our current research and development efforts may not produce significant revenue for several years, if at all.● ● ● ● ● 5 ▸ Our employees, consultants, channel partners and commercial partners may engage in misconduct or other improper activities, including non-compliance with regulatory standards and requirements, and insider trading.● ● ● ● ● 5 rw ▸ Our international operations may raise additional risks, which could have an adverse effect on our operating results.● ● ● ● ● 5 ▸ Our operating results may fluctuate significantly from period-to-period and may fall below expectations in any particular period, which could adversely affect the market price of our common stock.● ● ● ● ● 5 ▸ Our sales cycles can be long and unpredictable, and our sales efforts require considerable time and expense, which contribute to the unpredictability and variability of our financial performance and may adversely affect our profitability.● ● ● ● ● 5 ▸ Our use of open source software could compromise our ability to offer our services and subject us to possible litigation.● ● ● ● ● 5 ▸ Patent terms may be inadequate to protect our competitive position on our products for an adequate amount of time.● ● ● ● ● 5 ▸ Provisions in our certificate of incorporation, our by-laws or Delaware law might discourage, delay or prevent a change in control of our company or changes in our management and, therefore, depress the trading price of our common stock.● ● ● ● ● 5 ▸ Repair or replacement costs due to warranties we provide on our products and consumables could have a material adverse effect on our business, financial condition, and results of operations.● ● ● ● ● 5 ▸ group Risks related to litigation and our intellectual property● ● ● ● ● 5 ▸ group Risks related to our business and industry● ● ● ● ● 5 ▸ group Risks related to ownership of our common stock● ● ● ● ● 5 ▸ group Risks related to sales of products to the U.S. Government● ● ● ● ● 5 ▸ Sales of a significant number of shares of our common stock in the public markets, or the perception that such sales could occur, could depress the market price of our common stock.● ● ● ● ● 5 ▸ The failure to comply with these regulations could result in fines by government authorities and payment of damages to private litigants, which could harm our business.● ● ● ● ● 5 ▸ The market price of our common stock has been volatile and could continue to be volatile.● ● ● ● ● 5 ▸ U.S. government programs are limited by budgetary constraints and political considerations and are subject to uncertain future funding levels that could result in the termination of programs.● ● ● ● ● 5 ▸ Undetected errors or defects in our products, or errors made by the end users of our products, could harm our reputation and decrease market acceptance of our products.● ● ● ● ● 5 ▸ We are subject to audits by the U.S. government which could adversely affect our business.● ● ● ● ● 5 ▸ We are subject to risks related to taxation in the United States.● ● ● ● ● 5 ▸ We could be adversely affected by violations of the Foreign Corrupt Practices Act of 1977, as amended, or the FCPA, and the anti-bribery and anti-corruption laws of the United States or other countries.● ● ● ● ● 5 ▸ We depend on our key personnel and other highly qualified personnel, and if we are unable to recruit, train and retain our personnel, we may not achieve our goals.● ● ● ● ● 5 ▸ We do not currently intend to pay dividends on our common stock and, consequently, your ability to achieve a return on your investment will depend on appreciation in the price of our common stock.● ● ● ● ● 5 ▸ We generally recognize revenue from extended warranty and service contracts over the contract term, and changes in sales of such contracts may not be immediately reflected in our operating results.● ● ● ● ● 5 ▸ We have a history of net losses and may not be able to achieve profitability for any period in the future or sustain cash flow from operating activities.● ● ● ● ● 5 ▸ We have experienced growth of our business in recent years, and our inability to manage this growth could have a material adverse effect on our business, the quality of our products and services and our ability to retain key personnel.● ● ● ● ● 5 rw ▸ We have in the past, and may again in the future, engage in acquisitions or divestures that could disrupt our business, cause dilution to our stockholders and harm our financial condition and operating results.● ● ● ● ● 5 rw ▸ We may be obligated to disclose our proprietary technology to our customers, which may limit our ability to protect our intellectual property.● ● ● ● ● 5 ▸ We may be subject to governmental export controls and economic sanctions that could impair our ability to compete in international markets.● ● ● ● ● 5 rw ▸ We may be unable to consistently manufacture our devices and consumables to the necessary specifications or in quantities necessary to meet demand at an acceptable cost or at an acceptable performance level.● ● ● ● ● 5 ▸ We may face exposure to foreign currency exchange rate fluctuation.● ● ● ● ● 5 ▸ We may need additional capital in the future, which may not be available to us, and if it is available, may dilute your ownership of our common stock and have a material adverse effect on our business, operating results and financial condition.● ● ● ● ● 5 ▸ We may not be able to protect our intellectual property rights throughout the world.● ● ● ● ● 5 ▸ We must develop new products, as well as enhancements to existing products, and adapt to rapid and significant technological change to remain competitive.● ● ● ● ● 5 
