{"url_path":"/sec/aimd/10-q/2026/item-1a","section_key":"item-1a","section_title":"Item 1A Risk Factors**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1014763/0001493152-26-022791-index.html","accession_number":"0001493152-26-022791","cik":"0001014763","ticker":"AIMD","issuer_name":"Ainos, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1014763/0001493152-26-022791-index.html","primary_entity_key":"0001014763","primary_entity_name":"Ainos, Inc."},"word_count":726,"has_tables":true,"body_markdown":"**ITEM\n1A. Risk Factors**\n\n \n\n*This\nQuarterly Report contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially\nfrom those discussed in this Quarterly Report. Factors that could cause or contribute to these differences include, but are not limited\nto, those discussed below and elsewhere in this Quarterly Report.*\n\n \n\n*You\nshould carefully consider the risk factors disclosed in our 2025 Annual Report, together with all other information in this Quarterly\nReport, including our unaudited condensed financial statements and notes thereto, and in our other filings with the Securities and Exchange\nCommission. If any such risks, including the risk set out below, or other risks not presently known to us or that we currently believe\nto not be significant, develop into actual events, then our business, financial condition, results of operations or prospects could be\nmaterially adversely affected. If that happens, the market price of our common stock could decline, and stockholders may lose all or\npart of their investment.*\n\n \n\nInformation\non risk factors can be found in Part I, Item 1A (Risk Factors) of our 2025 Annual Report. Other than the following risk factor, there\nhave been no material changes from the risk factors previously disclosed in our 2025 Annual Report, other than the risk factor set forth\nbelow.\n\n \n\n**Fluctuating\nforeign currency and exchange rates may negatively impact our business, results of operations, and financial position.**\n\n \n\nDue\nto our foreign operations, a portion of our business is denominated in foreign currencies. As a result, fluctuations in foreign currency\nand exchange rates may have an impact on our business, results of operations and financial position. Foreign currency exchange rates\nhave fluctuated and may continue to fluctuate. Significant foreign currency exchange rate fluctuations may negatively impact our international\nrevenue, which in turn would affect our consolidated revenue. Currencies may be affected by internal factors, general economic conditions\nand external developments in other countries, all of which can have an adverse impact on a country’s currency. We cannot predict\nwhether we will incur foreign exchange losses in the future. Further, significant foreign exchange fluctuations resulting in a decline\nin the respective local currency may decrease the value of our foreign assets, as well as decrease our revenues and earnings from our\nforeign subsidiaries, which would reduce our profitability and adversely affect our financial position.\n\n \n\n25\n\n \n\n \n\n**Policy\nchanges affecting international trade could adversely impact the demand for our products and our competitive position.**\n\n \n\nChanges\nin government policies on foreign trade and investment can affect the demand for our products and services, impact the competitive position\nof our products and services or prevent us from being able to sell products and services in certain countries. The implementation of\nmore restrictive trade policies, such as more detailed inspections, higher tariffs, import or export licensing requirements, economic\nsanctions, anti-boycott laws, exchange controls or new barriers to entry could have a material adverse effect on our business, financial\ncondition, results of operations and cash flows. In addition, the Trump Administration has announced tariffs on certain imports from\nCanada, Mexico and the EU, among others, that could affect the demand for our products. Such tariffs and any retaliatory tariffs (including\nthose announced by China, Canada and Mexico) may put upwards pressure on prices in other jurisdictions from which we purchase product\ncomponents, which could reduce our ability to offer competitive pricing to potential customers. We cannot predict what changes to trade\npolicy will be made by the Trump Administration, the U.S. Congress or other governments, including whether existing tariff policies will\nbe maintained or modified or whether the entry into new bilateral or multilateral trade agreements will occur, nor can we predict the\neffects that any such changes would have on our business or the global economy. Changes in U.S. trade policy, or threat of such changes,\nhave resulted and could again result in reactions from U.S. trading partners, including adopting responsive trade policies making it\nmore difficult or costly for us to export our products or import products or product components from countries where we currently purchase\nproducts or product components or sell products or services. Such changes, or threatened changes, to trade policy or in laws and policies\ngoverning foreign trade, and any resulting negative sentiments towards the United States as a result of such changes, could materially\nand adversely affect our business, financial condition, results of operations and liquidity."}