{"url_path":"/sec/mtekw/10-k/2026/item-19","section_key":"item-19","section_title":"Item 19 [EXHIBITS.](#a_078)","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1872964/0001213900-26-057766-index.html","accession_number":"0001213900-26-057766","cik":"0001872964","ticker":"MTEK","issuer_name":"Maris Tech Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1872964/0001213900-26-057766-index.html","primary_entity_key":"0001872964","primary_entity_name":"Maris Tech Ltd."},"word_count":1111,"has_tables":true,"body_markdown":"ITEM 19.\n[EXHIBITS.](#a_078)\n91\n\n[SIGNATURES](#a_079)\n94\n\n \n\nii\n\n \n\n \n\n** **\n\n**Maris -Tech Ltd.**\n\n** **\n\n**INTRODUCTION**\n\n \n\nIn this Annual Report on Form\n20-F, or this Annual Report, unless the context otherwise requires, “we”, “us”, “our”, the “Company”\nand “MTEK” refer to Maris-Tech Ltd. and its wholly owned subsidiary, Maris North America Inc., or Maris U.S., a company incorporated\nunder the laws of Delaware.\n\n \n\nWe are a business-to-business\nmodel, or B2B, provider of video and artificial intelligence, or AI, based edge computing technology, focused on advanced video processing\nsolutions. We develop, design and manufacture AI-enabled and video edge computing products and assemblies, primarily for defense applications.\nOur offerings include both original equipment manufacturer, or OEM, grade components and subsystems, as well as fully integrated video\nand AI processing assemblies, tailored to meet the operational and technical requirements of defense platform manufacturers. Our miniature,\nlightweight, and low-power products deliver high-performance capabilities including raw data processing, seamless transfer, advanced image\nprocessing, and AI-driven analytics. Founded by Israeli technology-sector veterans, we serve leading manufacturers worldwide in defense,\naerospace, intelligence gathering, homeland security, or HLS, unmanned vehicles and drones, smart city and communication industries as\nwell as governmental HLS and defense-end customers.\n\n \n\nAll trademarks or trade names\nreferred to in this Annual Report are the property of their respective owners. Solely for convenience, the trademarks and trade names\nin this Annual Report are referred to without the ® and ™ symbols, but such references should not be construed as any indicator\nthat their respective owners will not assert, to the fullest extent under applicable law, their rights thereto. We do not intend the use\nor display of other companies’ trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by,\nany other companies.\n\n \n\nOur reporting currency and\nfunctional currency is the U.S. dollar. Unless otherwise expressly stated or the context otherwise requires, references in this Annual\nReport to “NIS” are to New Israeli Shekels, and references to “dollars” or “$” mean U.S. dollars.\n\n \n\nWe report our financial statements\nin accordance with generally accepted accounting principles in the United States, or U.S. GAAP. Unless derived from our financial statements\nor otherwise noted, amounts presented in this Annual Report are translated at the rate of NIS 3.19 = USD 1.00, the exchange rate between\nthe NIS and the U.S. dollar reported by the Bank of Israel as of December 31, 2025.\n\n \n\nThis Annual Report includes\nstatistical, market and industry data and forecasts which we obtained from publicly available information and independent industry publications\nand reports that we believe to be reliable sources. These publicly available industry publications and reports generally state that they\nobtain their information from sources that they believe to be reliable, but they do not guarantee the accuracy or completeness of the\ninformation. Although we believe that these sources are reliable, we have not independently verified the information contained in such\npublications.\n\n \n\niii\n\n \n\n** **\n\n**CAUTIONARY\nNOTE REGARDING FORWARD-LOOKING STATEMENTS**\n\n \n\nCertain information included\nor incorporated by reference in this Annual Report may be deemed to be “forward-looking statements”. Forward-looking statements\nare often characterized by the use of forward-looking terminology such as “may,” “will,” “expect,”\n“anticipate,” “estimate,” “continue,” “believe,” “should,” “intend,”\n“project” or other similar words, but are not the only way these statements are identified.\n\n \n\nThese forward-looking statements\nmay include, but are not limited to, statements relating to our objectives, plans and strategies, statements that contain projections\nof results of operations or of financial condition, expected capital needs, and expenses, statements relating to the research, development,\ncompletion and use of our products, and all statements (other than statements of historical facts) that address activities, events or\ndevelopments that we intend, expect, project, believe or anticipate will or may occur in the future.\n\n \n\nForward-looking statements\nare not guarantees of future performance and are subject to risks and uncertainties. We have based these forward-looking statements on\nassumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions,\nexpected future developments, and other factors they believe to be appropriate.\n\n \n\nImportant factors that could\ncause actual results, developments, and business decisions to differ materially from those anticipated in these forward-looking statements\ninclude, among other things:\n\n \n\n \n●\nour ability to raise capital through the issuance of additional securities;\n\n \n\n \n●\nuncertainty regarding our ability to continue as a going concern and our ability to implement plans to improve our liquidity, including increasing available cash balances and generating sufficient cash flows from operations;\n\n \n \n \n\n \n●\nour planned level of revenues and capital expenditures;\n\n \n\n \n●\nour belief that our existing cash and cash equivalents, as of December 31, 2025, will be sufficient to fund our operations through the next twelve months;\n\n \n\n \n●\nour ability to market and sell our products;\n\n \n\n \n●\nour plans to continue to invest in research and development to develop technology for both existing and new products;\n\n \n\n \n●\nour ability to successfully execute our multi-year strategic development framework, including expanding our technological capabilities, broadening our product offerings and increasing our presence in selected geographic markets;\n\n \n \n \n\n \n●\nour plans to collaborate, or statements regarding the ongoing collaborations, with partner companies;\n\n \n\n \n●\nour ability to maintain our relationships with suppliers, manufacturers, and other partners;\n\n \n\n \n●\nour ability to maintain or protect the validity of our intellectual property;\n\n \n\n \n●\nour ability to retain key executive members;\n\n \n\n \n●\nour ability to internally develop and protect new inventions and intellectual property;\n\n \n\n \n●\nour ability to expose and educate the industry about the use of our products;\n\n \n\n \n●\nour expectations regarding our tax classifications;\n\n \n\n \n●\nhow long we will qualify as an emerging growth company or a foreign private issuer;\n\n \n\n \n●\ninterpretations of current laws and the passage of future laws;\n\n \n\n \n●\ngeneral market, political and economic conditions in the countries in which we operate including those related to recent unrest and actual or potential armed conflict in Israel and other parts of the Middle East; and\n\n \n\n \n●\nthose factors referred to in “Item 3. Key Information — D. Risk Factors,” “Item 4. Information on the Company,” and “Item 5. Operating and Financial Review and Prospects,” as well as in this Annual Report generally.\n\n \n\nReaders are urged to carefully\nreview and consider the various disclosures made throughout this Annual Report which are designed to advise interested parties of the\nrisks and factors that may affect our business, financial condition, results of operations and prospects.\n\n \n\nYou should not put undue reliance\non any forward-looking statements. Any forward-looking statements in this Annual Report are made as of the date hereof, and we undertake\nno obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise,\nexcept as required by law.\n\n \n\niv\n\n \n\n** **\n\n**PART\nI**"}