Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 13

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 financial statements. ASU 2024-03 is effective for annual periods for the Company beginning January 1, 2027, with
early adoption permitted. The Company is currently evaluating the impact this ASU may have on its financial statement disclosures.

In
November 2024, the FASB issued ASU No. 2024-04, Debt—Debt with Conversion and Other Options (Subtopic 470-20). The amendments in
this ASU clarify the requirements for determining whether certain settlements of convertible debt instruments should be accounted for
as an induced conversion. The amendments in this Update are effective for all entities for annual reporting periods beginning January
1, 2026, and interim reporting periods within those annual reporting periods. Early adoption is permitted for all entities that have
adopted the amendments in ASU 2020-06. The ASU is not expected to have a material impact on the Company’s financial statements
or disclosures.

3.
NET LOSS PER SHARE

Basic
net loss per share is calculated using the weighted-average number of common shares outstanding during the period. Diluted net loss per
share is calculated using the weighted-average number of common shares outstanding and the dilutive effect of all potentially dilutive
securities, including common stock equivalents and convertible securities. As the effect of dilutive securities outstanding during the
period is anti-dilutive, diluted net loss per share is equal to basic net loss per share.

The
components of basic and diluted net loss per share are as follows (in thousands, except loss per share data):

 SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

    Three Months
    Ended  
    Six Months
    Ended 

    June
    30,  
    June
    30, 

    2025  
    2024  
    2025  
    2024 
  
    Numerator: 

    Net loss
    available for common shareholders - basic and diluted 
    $(14,229) 
    $(23,930) 
    $(43,008) 
    $(50,243)
  
    Denominator: 

    Weighted-average common
    shares outstanding - basic and diluted 
     254,658  
     208,665  
     245,347  
     202,706 

    Net loss per share -
    basic and diluted 
    $(0.06) 
    $(0.11