Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 218

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1C
Chunk 218
---
in thousands). See Note 6. Investment Securities, Available-For-Sale and Fair Value Measurements, for discussion of the fair value
level hierarchy.

SCHEDULE
OF HIERARCHY LIABILITIES FAIR VALUE

    As of December 31, 2024 
    Level 1  
    Level 2  
    Level 3 
  
    Derivative liability 
    $-  
    $-  
    $14,581 
  
    Total 
    $-  
    $-  
    $14,581 

The
table below lists the inputs and assumptions for the Company’s initial valuation as of October 23, 2024 and re-valuation of the
derivative liability as of December 31, 2024:

SCHEDULE
OF REVALUATION DERIVATIVE LIABILITY

    December 31,  
    October 23, 

    2024  
    2024 
  
    Expected term (years) 
     1.75  
     1.94 
  
    Risk-free interest rate 
     4.18% 
     4.04%
  
    Dividend yield 
     0% 
     0%
  
    Volatility 
     78.02% 
     73.00%
  
    Discount rate 
     50.0% 
     50.0%

8.
FINANCIAL STATEMENT COMPONENTS

Restricted
Cash

During
the year ended December 31, 2024, Restricted cash, current decreased largely due to a $3.3 million release of escrow in connection with
the Asset Purchase Agreement with Ibeo. In addition, Restricted cash, net of current portion increased by approximately $1.0 million
related to cash that is held as collateral for a Hamburg, Germany lease.

    51

Inventory

Inventory
consists of the following (in thousands):

 SCHEDULE OF COMPONENTS OF INVENTORY 

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Raw materials 
    $1,616  
    $1,574 
  
    Work in process 
     -  
     305 
  
    Finished goods 
     678  
     1,995 
  
    Total inventory  
    $2,294  
    $3,874 

Inventory