Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 79

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 79
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     21  
     28 
  
    Total lease expense 
    $2,701  
    $2,646  
    $1,529 

    55

Supplemental
cash flow information related to leases is as follows:

SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES  

    (in thousands) 
    2024  
    2023  
    2022 

    Year Ended December 31, 
  
    (in thousands) 
    2024  
    2023  
    2022 
  
    Cash paid for amounts included in measurement of lease liabilities: 

    Operating cash flows from operating leases 
    $2,491  
    $2,500  
    $1,280 
  
    Operating cash flows from finance leases 
     -  
     -  
     2 
  
    Financing cash flows from finance leases 
     -  
     21  
     26 

Supplemental
balance sheet information related to leases is as follows:

SCHEDULE
OF BALANCE SHEET INFORMATION RELATED TO LEASES   

    (in thousands) 
    2024  
    2023 

    December 31, 
  
    (in thousands) 
    2024  
    2023 
  
    Operating leases 

    Operating lease right-of-use assets 
    $16,746  
    $13,758 

    Current portion of operating lease liabilities 
     2,682  
     2,323 
  
    Operating lease liabilities, net of current portion 
     15,954  
     12,714 
  
    Total operating lease liabilities 
    $18,636  
    $15,037 

    Finance leases 

    Property and equipment, at cost 
    $112  
    $112 
  
    Accumulated depreciation 
     (112) 
     (97)
  
    Property and equipment, net 
    $-  
    $15 

    Weighted Average Remaining Lease Term 

    Operating leases 
      6.8 years  
      8.4 years 

    Weighted Average Discount Rate 

    Operating leases 
     4.9% 
     4.6%

As
of December 31, 2024, maturities of