Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 76

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 Ended June 30, 2025 

    License and  

    Product  
    Royalty  
    Contract  

    Revenue  
    Revenue  
    Revenue  
    Total 
  
    Timing of revenue recognition: 

    Transferred
    at a point in time 
    $538  
    $  166  
    $        -  
    $704 
  
    Transferred over time 
     -  
     -  
     40  
     40 
  
    Total 
    $538  
    $166  
    $40  
    $744 

    Revenue  
    Revenue  
    Revenue  
    Total 

    Three
    Months Ended June 30, 2024 

    License and  

    Product  
    Royalty  
    Contract  

    Revenue  
    Revenue  
    Revenue  
    Total 
  
    Timing of revenue recognition: 

    Transferred
    at a point in time 
    $1,697  
    $152  
    $     51  
    $1,900 
  
    Total 
    $1,697  
    $152  
    $51  
    $1,900 

    Revenue  
    Revenue  
    Revenue  
    Total 

    Six
    Months Ended June 30, 2024 

    License and  

    Product  
    Royalty  
    Contract  

    Revenue  
    Revenue  
    Revenue  
    Total 
  
    Timing of revenue recognition: 

    Transferred
    at a point in time 
    $2,552  
    $  199  
    $    105  
    $2,856 
  
    Total 
    $2,552  
    $199  
    $105  
    $2,856 
  
    Revenue 
    $2,552  
    $199  
    $105  
    $2,856 

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 condensed consolidated
balance sheets.

    11

Significant
changes in the contract assets and the contract liabilities balances during