Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 329

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 3
Chunk 329
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 ●
    Announcements
    by other companies in our industry;

    ●
    Changes
    in business or regulatory conditions;

    ●
    Announcements
    or implementation by our competitors of technological innovations or new products;

    ●
    The
    status of particular development programs and the timing of performance under specific development agreements;

    ●
    Economic
    and stock market conditions;

    ●
    The
    cost of filing, prosecuting, defending and enforcing any patent claims and other intellectual property rights;

    ●
    Our
    ability to establish cooperative development or licensing arrangements; 

    ●
    Our authorized shares available for sale; or

    ●
    Other
    factors unrelated to our company or industry.

If
we are successful in establishing OEM co-development arrangements, we may receive full or partial funding for certain non-recurring engineering
costs for technology development and/or product development. Nevertheless, we expect our capital requirements to remain high as we expand
our activities and operations with the objective of commercializing our technology.

29

Recent
Accounting Pronouncements 

See
Note 2, “Summary of significant accounting policies,” in the notes to the consolidated financial statements found in Part
II, Item 8 of this Form 10-K.

ITEM
7A.QUANTITATIVE
               AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Interest
Rate and Market Liquidity Risks

As
of December 31, 2024, all of our cash and cash equivalents have variable interest rates; however, we believe our exposure to market and
interest rate risks is not material. Due to the generally short-term maturities of our investment securities, we believe that the market
risk arising from our holdings of these financial instruments is not significant. We do not believe that inflation has had a material
effect on our business, financial condition or results of operations; however, we do anticipate our labor costs to increase as a result
of inflationary pressures.

Our
investment policy generally directs that the investment managers should select investments to achieve the following goals: principal
preservation, adequate liquidity, and return. As of December 31, 2024, our cash and cash equivalents are comprised of short-term highly
rated (A rated securities and above) money market savings accounts and our short-term investments are comprised of highly rated corporate
and government debt securities (A rated securities and above). The values of cash and cash equivalents and investment securities, available-for-sale