Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 154

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 154
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2025
and 2024, respectively, and $1.1 million and $1.7 million for the nine months ended September
30, 2025 and 2024, respectively.

Intangible
Assets

The
components of intangible assets were as follows as of September 30, 2025 and December 31, 2024:

 SCHEDULE OF COMPONENTS OF INTANGIBLE ASSETS

    As of September 30, 2025 
    Gross  
       
    Accumulated  
    Net  
    Weighted
                                                                  Average Remaining 

    Carrying  
    Accumulated  
    Impairment  
    Carrying  
     Period 
  
    (in thousands) 
    Amount  
    Amortization  
    Expense  
    Amount  
     (Years) 
  
    Acquired technology 
    $20,172  
    $5,710  
    $4,181  
    $10,281  
     12 

    $20,172  
    $5,710  
    $4,181  
    $10,281  

    As of December 31, 2024 
     Gross  
       
    Accumulated  
    Net  
    Weighted Average Remaining 

     Carrying  
    Accumulated  
    Impairment  
    Carrying  
     Period 
  
    (in thousands) 
     Amount  
    Amortization  
    Expense  
    Amount  
     (Years) 
  
    Acquired technology 
    $20,172  
    $5,019  
    $4,181  
    $10,972  
     13 

    $20,172  
    $5,019  
    $4,181  
    $10,972  

Amortization
expense was $0.2 million and $0.5 million for the three months ended September 30, 2025
and 2024, and $0.7 million and $1.6 million for the nine months ended September 30, 2025
and 2024, respectively.

During
the quarter ended June 30, 2024, management identified various factors related to the 2024 restructuring events (see Note 14. Restructuring
Charges) that collectively indicated that