Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 160

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 160
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 CASH FLOW INFORMATION RELATED TO LEASES

    (in thousands) 
    2025  
    2024 

    Nine Months
    Ended 

    September
    30, 
  
    (in thousands) 
    2025  
    2024 
  
    Cash paid for amounts included in measurement
    of lease liabilities: 

    Operating cash
    flows from operating leases 
    $2,188  
    $1,944 
  
    Operating cash flows from
    finance leases 
     10  
     - 

Supplemental
balance sheet information related to leases is as follows:

 SCHEDULE
OF BALANCE SHEET INFORMATION RELATED TO LEASES

    September
    30,  
    December 31, 
  
    (in thousands) 
    2025  
    2024 
  
    Operating leases 

    Operating
    lease right-of-use assets 
    $15,365  
    $16,746 

    Operating lease liabilities,
    current 
     3,154  
     2,682 
  
    Operating
    lease liabilities, net of current portion 
     14,434  
     15,954 
  
    Total
    operating lease liabilities 
    $17,588  
    $18,636 

    Finance leases 

    Property and equipment,
    at cost 
    $157  
    $112 
  
    Accumulated
    depreciation 
     (120) 
     (112)
  
    Property
    and equipment, net 
    $37  
    $- 

    Weighted Average Remaining Lease Term 

    Operating leases 
     6.0
                                            years  
     6.8
                                            years 
  
    Finance leases 
     2.5
                                            years  
     n/a 

    Weighted Average Discount Rate 

    Operating leases 
     4.9% 
     4.9%
  
    Finance leases 
     5.5% 
     n/a 

As
of September 30, 2025, maturities of lease liabilities are as follows:

 SCHEDULE OF MATURITIES OF LEASE LIABILITIES

    (in thousands) 
    Operating  
    Finance 
  
    Years
    Ended December 31, 
    Leases  
    Leases