Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 135

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1B
Chunk 135
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 by geographic area (in thousands):

SCHEDULE OF INFORMATION ABOUT REVENUE AND LONG-LIVED ASSETS

    December
    31,  
    December
    31,  
    December
    31, 

    2024  
    2023  
    2022 
  
    Geographic
    Area 
    Revenue  
    Long-Lived
    Assets  
    Revenue  
    Long-Lived
    Assets  
    Revenue  
    Long-Lived
    Assets 
  
    United States 
    $1,058  
    $17,583  
    $4,627  
    $19,580  
    $664  
    $21,409 
  
    Germany 
     3,628  
     6,224  
     2,138  
     3,210  
     -  
     - 
  
    Other foreign countries 
     10  
     -  
     494  
     -  
     -  
     - 
  
    Total 
    $4,696  
    $23,807  
    $7,259  
    $22,790  
    $664  
    $21,409 

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 consolidated balance
sheets.

Significant
changes in the contract assets and the contract liabilities balances during the period are as follows (in thousands, except percentages):

 SCHEDULE
OF CONTRACT WITH CUSTOMER, CONTRACT ASSET, CONTRACT LIABILITY, AND RECEIVABLE

    December 31,  
    December 31,  

    2024  
    2023  
    $ Change  
    % Change 

    Contract assets and accounts receivable 
    $926  
    $949  
    $(23) 
     (2.4)
  
    Contract liabilities 
     (308) 
     (300) 
     (8) 
     (2.7)
  
    Net contract assets (liabilities) 
    $618  
    $649  
    $(31) 
     (4.8)

Contract
Acquisition Costs

The