Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 74

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 74
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 SCHEDULE OF ACCRUED LIABILITIES

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Bonuses 
    $571  
    $1,359 
  
    Payroll and payroll taxes 
     1,127  
     3,704 
  
    Income taxes payable 
     20  
     2,111 
  
    Accrued professional fees 
     140  
     236 
  
    Liabilities to suppliers 
     381  
     885 
  
    Other 
     303  
     345 
  
    Total accrued liabilities 
    $2,542  
    $8,640 

In
addition, as of December 31, 2023, the accrued liability for Ibeo business combination on the consolidated balance sheet in the amount
of $6.3 million included $3.3 million that was withheld from the Purchase Price and held in escrow for a maximum period of 13 months
post-Closing as partial security for potential claims arising out of or in connection with the Asset Purchase Agreement and a $3.0 million
holdback. Both were settled during the year ended December 31, 2024.

9.
SHARE-BASED COMPENSATION

The
Company issues share-based compensation to employees in the form of restricted stock units (RSUs), performance stock units (PSUs), and
stock options. The following table summarizes the amount of share-based compensation expense by line item on the consolidated statements
of operations:

 SCHEDULE
OF SHARE-BASED COMPENSATION EXPENSE 

    2024  
    2023  
    2022 

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Research and development expense 
     3,973  
     6,531  
     6,933 
  
    Sales, marketing, general and administrative expense 
     7,562  
     9,610  
     8,528 
  
    Total Share-based compensation
    expense 
    $11,535  
    $16,141  
    $15,461 

    53

Options
Activity and Positions

The
following table summarizes shares, weighted-average exercise price, weighted-average remaining contractual