Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 8

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 8
---
 and restricted cash 
     319  
     26 

    Change in cash, cash equivalents, and restricted
    cash 
     19,544  
     (20,609)
  
    Cash, cash equivalents,
    and restricted cash at beginning of period 
     56,247  
     49,391 
  
    Cash, cash equivalents,
    and restricted cash at end of period 
    $75,791  
    $28,782 

    Supplemental schedule of
    non-cash investing and financing activities 

    Common
    stock issued in conversions of notes payable 
    $21,980  
    $- 
  
    Issuance of warrants 
    $6,297  
    $- 
  
    Acquisition
    of right-of-use asset 
    $67  
    $- 
  
    Accrued
    financing fees 
    $-  
    $10 
  
    Foreign
    currency translation adjustment 
    $540  
    $(64)
  
    Unrealized
    loss on investment securities, available-for-sale 
    $(22) 
    $(45)

The
following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of June 30, 2025 and June 30,
2024:

    June 30,  
    June 30, 

    2025  
    2024 
  
    Cash and cash equivalents 
    $74,094  
    $26,748 
  
    Restricted cash, current 
     76  
     73 
  
    Restricted cash, net of
    current portion 
     1,621  
     1,961 
  
    Cash,
    cash equivalents, and restricted cash 
    $75,791  
    $28,782 

The
accompanying notes are an integral part of these financial statements.

7

MicroVision,
Inc. 

Notes
to Condensed Consolidated Financial Statements 

(Unaudited)

1.
DESCRIPTION OF BUSINESS

MicroVision,
Inc. is committed to driving the global adoption of proprietary products, which leverage deterministic AI at the edge with the Company’s
innovative perception and application software running on diverse lidar sensors. The Company’s solutions enable ADAS and autonomy
features for customers in a wide range of industries including robotics, automated warehouse, agriculture, mining, military, and automotive.
The Company’s deterministic AI at