Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 191

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 191
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 authoritative guidance establishes
a three level fair value inputs hierarchy and requires an entity to maximize the use of observable valuation inputs and minimize the
use of unobservable inputs. The Company uses market data, assumptions, and risks that market participants would use in measuring the
fair value of the asset or liability, including the risks inherent in the inputs and the valuation techniques. The hierarchy is summarized
below.

Level
1 - Quoted prices in active markets for identical assets and liabilities at the measurement date that the reporting entity has the ability
to access.

Level
2 - Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active
markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable
or can be corroborated by observable market data.

Level
3 - Unobservable inputs for which there is little or no market data, which requires us to develop our own assumptions, which are significant
to the measurement of the fair values.

The
valuation inputs hierarchy classification for assets measured at fair value on a recurring basis are summarized below as of March 31,
2025 and December 31, 2024 (in thousands). These tables do not include cash held in money market savings accounts.

 SCHEDULE OF FAIR VALUE HIERARCHY ASSETS AND LIABILITIES

    As of March 31, 2025 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Assets 

    Corporate debt securities 
    $-  
    $11,906  
    $-  
    $11,906 
  
    U.S. Treasury securities 
     -  
     5,220  
     -  
     5,220 

    $-  
    $17,126  
    $-  
    $17,126 

    As of December 31, 2024 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Assets 

    Corporate debt securities 
    $-  
    $14,001  
    $-  
    $14,001 
  
    U.S. Treasury securities 
     -  
     6,215  
     -  
     6,215 

    $-  
    $20,216  
    $