Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 58

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 58
---
U is expected to result in incremental disclosures to the Company’s financial statements.

    44

In
March 2024, the FASB issued ASU No. 2024-01, Compensation: Stock Compensation (Topic 718). The amendments in this ASU clarify existing
guidance related to profits interest and similar awards. ASU 2024-01 is effective for annual and interim periods for the Company beginning
January 1, 2025, with early adoption permitted. The Company is currently evaluating the impact this ASU may have on its financial statements
and related disclosures.

In
November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures
(Subtopic 220-40). The amendments in this ASU require additional disclosure of specified information about certain costs and expenses
in the notes to the financial statements. ASU 2024-03 is effective for annual periods for the Company beginning January 1, 2027, with
early adoption permitted. The Company is currently evaluating the impact this ASU may have on its financial statement disclosures.

In
November 2024, the FASB issued ASU No. 2024-04, Debt—Debt with Conversion and Other Options (Subtopic 470-20). The amendments in
this ASU clarify the requirements for determining whether certain settlements of convertible debt instruments should be accounted for
as an induced conversion. The amendments in this Update are effective for all entities for annual reporting periods beginning after December
15, 2025, and interim reporting periods within those annual reporting periods. Early adoption is permitted for all entities that have
adopted the amendments in Update 2020-06. The ASU is not expected to have a material impact on the Company’s financial statements
or disclosures.

3.
NET LOSS PER SHARE

Basic
net loss per share is calculated using the weighted-average number of common shares outstanding during the period. Diluted net loss per
share is calculated using the weighted-average number of common shares outstanding and the dilutive effect of all potentially dilutive
securities, including common stock equivalents and convertible securities. As the effect of dilutive securities outstanding during the
period is anti-dilutive, diluted net loss per share is equal to basic net loss per share.

The
components of basic and diluted net loss per share are as follows (in thousands, except loss per share data):

 SCHEDULE OF