Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 221

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1C
Chunk 221
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 $1.2 million was recorded, resulting in a combined non-cash
impairment charge of $4.2 million that is included in impairment loss on intangible assets on the consolidated statement of operations.
As of December 31, 2024, the fair value of Reference software is fully written off.

    52

The
following table outlines estimated future amortization expense related to intangible assets held as of December 31, 2024 (in thousands):

 SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS 

    Research and  

    Cost of  
    Development  

    Years Ended December 31, 
    Revenue  
    Expense  
    Total 
  
    2025 
    $869  
             54  
    $923 
  
    2026 
     869  
     27  
     896 
  
    2027 
     829  
     1  
     830 
  
    2028 
     825  
     -  
     825 
  
    2029 
     825  
     -  
     825 
  
    Thereafter 
     6,673  
     -  
     6,673 
  
    Total 
    $10,890  
    $82  
    $10,972 

Accrued
Liabilities

Accrued
liabilities consists of the following (in thousands):

 SCHEDULE OF ACCRUED LIABILITIES

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Bonuses 
    $571  
    $1,359 
  
    Payroll and payroll taxes 
     1,127  
     3,704 
  
    Income taxes payable 
     20  
     2,111 
  
    Accrued professional fees 
     140  
     236 
  
    Liabilities to suppliers 
     381  
     885 
  
    Other 
     303  
     345 
  
    Total accrued liabilities 
    $2,542  
    $8,640 

In
addition, as of December 31, 2023, the accrued liability for Ibeo business combination on the consolidated balance sheet in