Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 26

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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    liability 
    $-  
    $-  
    $3,733 
  
    Total 
    $-  
    $-  
    $3,733 

    16

    As
    of December 31, 2024 
    Level
    1  
    Level
    2  
    Level
    3 
  
    Warrant
    liability 
    $-  
    $-  
    $- 
  
    Total 
    $-  
    $-  
    $- 

The
fair value of the warrants is measured using the Black-Scholes option pricing model as of the measurement dates. The table below lists
the inputs and assumptions for the Company’s valuations as of June 30, 2025 and upon initial measurement as of February 4, 2025:

 SCHEDULE
OF INPUTS AND ASSUMPTIONS FOR COMPANY’S VALUATIONS

    June 30,  
    February 4, 

    2025  
    2025 
  
    Expected term (years) 
     5.1  
     5.5 
  
    Risk-free interest rate 
     3.80% 
     4.34%
  
    Dividend yield 
     0% 
     0%
  
    Volatility 
     71.97% 
     80.14%

8.
FINANCIAL STATEMENT COMPONENTS

The
following financial statement components have significant balances as of June 30, 2025.

Inventory

Inventory
consists of the following as of June 30, 2025 and December 31, 2024:

 SCHEDULE OF COMPONENTS OF INVENTORY 

    June 30,  
    December 31, 
  
    (in thousands) 
    2025  
    2024 
  
    Raw materials 
    $2,361  
    $1,616 
  
    Work in process 
     -  
     - 
  
    Finished goods 
     3,767  
     678 
  
    Total
    inventory 
    $6,128  
    $2,294 

Inventory
is computed using the first-in, first-out (FIFO) method and is stated at the lower of cost and net realizable value. Management periodically
assesses the need to account for obsolescence