Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 62

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 62
---
 Revenue  
    Revenue  
    Total 

    Year Ended December 31, 2022 

    License and  

    Product  
    Royalty  
    Contract  

    Revenue  
    Revenue  
    Revenue  
    Total 
  
    Timing of revenue recognition: 

    Products transferred at a point in time 
    $-  
    $664  
    $       -  
    $664 
  
    Products and services transferred over time 
            -  
     -  
     -  
     - 
  
    Total 
    $-  
    $664  
    $-  
    $664 

The following table provides information about revenue and long-lived assets,
which is comprised of property and equipment, net, and operating lease right-of-use assets, by geographic area (in thousands):

SCHEDULE OF INFORMATION ABOUT REVENUE AND LONG-LIVED ASSETS

    December
    31,  
    December
    31,  
    December
    31, 

    2024  
    2023  
    2022 
  
    Geographic
    Area 
    Revenue  
    Long-Lived
    Assets  
    Revenue  
    Long-Lived
    Assets  
    Revenue  
    Long-Lived
    Assets 
  
    United States 
    $1,058  
    $17,583  
    $4,627  
    $19,580  
    $664  
    $21,409 
  
    Germany 
     3,628  
     6,224  
     2,138  
     3,210  
     -  
     - 
  
    Other foreign countries 
     10  
     -  
     494  
     -  
     -  
     - 
  
    Total 
    $4,696  
    $23,807  
    $7,259  
    $22,790  
    $664  
    $21,409 

Contract
Balances

Under
Topic 606, the Company’s rights to consideration are presented separately depending on whether those rights are conditional or
unconditional. Unconditional rights to consideration are included within accounts receivable, net of allowances in the consolidated balance
sheets.

Significant
changes