Company: MVIS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009765
Chunk: 144

Company: MICROVISION, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 144
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31, 2025 
    Level
    1  
    Level
    2  
    Level
    3 
  
    Warrant
    liability 
    $    -  
    $    -  
    $4,536 
  
    Total 
    $-  
    $-  
    $4,536 

    As
    of December 31, 2024 
     Level
                                            1  
     Level
                                            2  
     Level
                                            3 
  
    Warrant
    liability 
    $-  
    $-  
    $- 
  
    Total 
    $-  
    $-  
    $- 

The
fair value of the warrants is measured using the Black-Scholes option pricing model as of the measurement dates. The table below lists
the inputs and assumptions for the Company’s valuations as of March 31, 2025 and upon initial measurement as of February 4, 2025:

 SCHEDULE
OF INPUTS AND ASSUMPTIONS FOR COMPANY’S VALUATIONS

    March
    31,  
    February
    4, 

    2025  
    2025 
  
    Expected term
    (years) 
     5.3  
     5.5 
  
    Risk-free interest rate 
     3.98% 
     4.34%
  
    Dividend yield 
     0% 
     0%
  
    Volatility 
     78.07% 
     80.14%

8.
FINANCIAL STATEMENT COMPONENTS

Inventory

Inventory
consists of the following (in thousands):

 SCHEDULE OF COMPONENTS OF INVENTORY

    March
    31,  
    December
    31, 

    2025  
    2024 
  
    Raw materials 
    $1,823  
    $1,616 
  
    Finished
    goods 
     711  
     678 
  
    Total inventory 
    $2,534  
    $2,294 

Inventory
is computed using the first-in, first-out (FIFO) method and is stated at the lower of cost and net realizable value. Management periodically
assesses the need to account for obsolescence of inventory and adjusts the carrying value of inventory to