Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 592

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 8
Chunk 592
---
300 
  
    Contract liabilities 
     308  
     300 
  
    Derivative liability 
     14,581  
     - 
  
    Notes payable, current 
     24,248  
     - 
  
    Operating lease liabilities, current 
     2,682  
     2,323 
  
    Other current liabilities 
     458  
     669 
  
    Total current liabilities 
     45,951  
     20,503 

    Notes payable, net of current portion 
     8,754  
     - 
  
    Operating lease liabilities, net of current portion 
     15,954  
     12,714 
  
    Other long-term liabilities 
     1,733  
     614 
  
    Total liabilities 
     72,392  
     33,831 

    Commitments and contingencies (Note 11) 
     -  
     - 

    Shareholders’ equity 

    Preferred stock, par value $0.001; 25,000 shares authorized; zero and zero shares issued and outstanding as of December 31, 2024 and 2023 
     -  
     - 
  
    Common stock, par value $0.001; 310,000 shares authorized; 224,993 and 194,736 shares issued and
    outstanding as of December 31, 2024 and 2023, respectively 
     225  
     195 
  
    Additional paid-in capital 
     910,825  
     860,765 
  
    Accumulated other comprehensive income 
     -  
     210 
  
    Accumulated deficit 
     (862,281) 
     (765,366)
  
    Total shareholders’ equity 
     48,769  
     95,804 
  
    Total liabilities and shareholders’ equity 
    $121,161  
    $129,635 

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

34

MicroVision,
Inc.

Consolidated
Statements of Operations

(In
thousands, except per share data)

    2024  
    2023  
    2022 

    Year Ended December 31, 

    2024  
    2023  
    2022