Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 147

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 147
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pricing model. Changes in estimated inputs or using other option valuation methods may result in materially different option values and
share-based compensation expense.

    17

The
following table summarizes the amount of share-based compensation expense by line item on the condensed consolidated statements of operations:

 SCHEDULE
OF SHARE-BASED COMPENSATION EXPENSE

    Share-based
    compensation expense 
    2025  
    2024 

    Three
    Months Ended 

    March
    31, 
  
    Share-based
    compensation expense 
    2025  
    2024 
  
    Research and development
    expense 
    $508  
    $1,344 
  
    Sales,
    marketing, general and administrative expense 
     1,413  
     2,399 
  
    Total Share-based compensation
    expense 
    $1,921  
    $3,743 

Options
Activity and Positions

The
following table summarizes shares, weighted-average exercise price, weighted-average remaining contractual term, and aggregate intrinsic
value of options outstanding and options exercisable as of March 31, 2025 (in thousands, except per share data):

 SCHEDULE OF OPTIONS ACTIVITY AND POSITIONS

    Weighted-  

    Weighted-  
    Average  

    Average  
    Remaining  
    Aggregate 

    Exercise  
    Contractual  
    Intrinsic 
  
    Options 
    Shares  
    Price  
    Term (years)  
    Value 

    Outstanding as
    of March 31, 2025 
     666  
    $1.43  
     3.3  
    $160 

    Exercisable as of March 31,
    2025 
     666  
    $1.43  
     3.3  
    $160 

As
of March 31, 2025, there is no unrecognized share-based employee compensation related to stock options.

Restricted
Stock Activity and Positions

The
following table summarizes activity and positions with respect to RSUs and PSUs for the three months ended March 31, 2025 (in thousands,
except per share data):

 SCHEDULE OF ACTIVITY AND POSITIONS WITH RESPECT TO RSUs AND PSUs

    Weighted-average 

    Shares  
    price 
  
    Unvested as of
    December