Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 146

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 146
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4 
    Amount  
    Amortization  
    Expense  
    Amount  
    Period
    (Years) 
  
    Acquired technology 
    $20,172  
    $5,019  
    $4,181  
    $10,972  
     13 
  
    Total 
    $20,172  
    $5,019  
    $4,181  
    $10,972  

Amortization
expense was $0.2 million and $0.6 million during the three months ended March 31, 2025 and 2024, respectively.

The
following table outlines our estimated future amortization expense related to intangible assets held as of March 31, 2025 by line item
on the condensed consolidated statement of operations (in thousands):

 SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS

    Research
    and  

    Cost
    of  
    Development  

    Years
    Ended December 31, 
    Revenue  
    Expense  
    Total 
  
    2025 (remainder
    of the year) 
    $652  
    $36  
    $688 
  
    2026 
     869  
     28  
     897 
  
    2027 
     829  
     2  
     831 
  
    2028 
     825  
     -  
     825 
  
    2029 
     825  
     -  
     825 
  
    Thereafter 
     6,673  
     -  
     6,673 
  
    Total 
    $10,673  
    $66  
    $10,739 

9.
SHARE-BASED COMPENSATION

The
Company issues share-based compensation to employees in the form of restricted stock units (RSUs), performance stock units (PSUs), and
stock options. Share-based awards are accounted for by recognizing the fair value of share-based compensation expense on a straight-line
basis over the service period of the award, net of estimated forfeitures. The fair value of RSUs and PSUs is determined by the closing
price of common stock on the date of grant. The fair value of stock options is estimated on the grant date using the Black-Scholes option