Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 1

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
    Notes payable, net of current
    portion 
     -  
     8,754 
  
    Warrant liability 
     3,733  
     - 
  
    Operating lease liabilities,
    net of current portion 
     15,186  
     15,954 
  
    Finance lease liabilities,
    net of current portion 
     30  
     - 
  
    Other long-term liabilities 
     1,735  
     1,733 
  
    Total
    liabilities 
     63,513  
     72,392 

    Commitments and contingencies (Note 11) 
     -   
     -  

    Shareholders’ equity 

    Preferred stock, par value $0.001; 25,000
    shares authorized; zero and zero shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 
     -  
     - 
  
    Common stock, par value $0.001; 510,000 shares
    authorized; 278,018 and 224,993 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 
     278  
     225 
  
    Additional paid-in capital 
     981,597  
     910,825 
  
    Accumulated other comprehensive income 
     518  
     - 
  
    Accumulated deficit 
     (905,289) 
     (862,281)
  
    Total shareholders’ equity 
     77,104  
     48,769 
  
    Total
    liabilities and shareholders’ equity 
    $140,617  
    $121,161 

The
accompanying notes are an integral part of these financial statements.

3

MicroVision,
Inc. 

Condensed
Consolidated Statements of Operations 

(In
thousands, except per share data)

(Unaudited)

    2025  
    2024  
    2025  
    2024 

    Three Months
    Ended  
    Six Months
    Ended 

    June
    30,  
    June
    30, 

    2025  
    2024  
    2025  
    2024 

    Revenue 
    $155