Company: MVIS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001641172-25-022632
Chunk: 33

Company: MICROVISION, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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2025  
    2024  
    2025  
    2024 
  
    Operating
    lease expense 
    $867  
    $668  
    $1,742  
    $1,333 
  
    Finance lease expense: 

    Amortization of leased
    assets 
     3  
     -  
     5  
     - 
  
    Interest
    on lease liabilities 
     -  
     -  
     1  
     - 
  
    Total finance lease expense 
     3  
     -  
     6  
     - 
  
    Total
    lease expense 
    $870  
    $668  
    $1,748  
    $1,333 

Supplemental
cash flow information related to leases is as follows:

 SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES

    (in thousands) 
    2025  
    2024 

    Six Months
    Ended 

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

    Operating cash
    flows from operating leases 
    $1,097  
    $1,299 
  
    Operating cash flows from
    finance leases 
     6  
     - 

    20

Supplemental
balance sheet information related to leases is as follows:

 SCHEDULE
OF BALANCE SHEET INFORMATION RELATED TO LEASES

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

    Operating
    lease right-of-use assets 
    $16,123  
    $16,746 

    Operating
    lease liabilities, current 
     3,462  
     2,682 
  
    Operating
    lease liabilities, net of current portion 
     15,186  
     15,954 
  
    Total
    operating lease liabilities 
    $18,648  
    $18,636 

    Finance leases 

    Property and equipment,
    at cost 
    $154  
    $112 
  
    Accumulated
    depreciation