Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 45

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 45
---
  
    $-  
    $(862,281) 
    $48,769 
  
    Balance 
     224,993  
    $225  
    $910,825  
    $-  
    $(862,281) 
    $48,769 

The
accompanying notes are an integral part of these consolidated financial statements.

37

MicroVision,
Inc.
Consolidated Statements of Cash Flows

(In
thousands)

    2024  
    2023  
    2022 

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Cash flows from operating activities 

    Net loss 
    $(96,915) 
    $(82,842) 
    $(53,091)
  
    Adjustments to reconcile net loss to net cash used in operations: 

    Depreciation and amortization 
     6,920  
     7,864  
     2,246 
  
    Bargain purchase gain, net of tax 
     -  
     (1,669) 
     - 
  
    Loss (gain) on disposal of fixed assets 
     143  
     (34) 
     - 
  
    Unrealized loss on derivative liability 
     8,866  
     -  
     - 
  
    Impairment of intangible assets 
     4,181  
     -  
     - 
  
    Impairment of operating lease right-of-use assets 
     405  
     -  
     - 
  
    Impairment of property and equipment 
     -  
     12  
     64 
  
    Inventory write-downs 
     2,045  
     76  
     87 
  
    Amortization of debt discount and issuance costs on notes payable 
     4,382  
     -  
     - 
  
    Share-based compensation expense 
     11,535  
     16,141  
     15,461 
  
    Net accretion of premium on short-term investments 
     (951) 
     (1,275) 
     21 
  
    Change in: 

    Accounts receivable 
     23  
     (949)