Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 593

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 8
Chunk 593
---
 Revenue 
    $4,696  
    $7,259  
    $664 

    Cost of revenue 
     7,530  
     2,772  
     100 

    Gross (loss) profit 
     (2,834) 
     4,487  
     564 

    Research and development expense 
     49,015  
     56,707  
     30,413 
  
    Sales, marketing, general and administrative expense 
     29,346  
     36,689  
     24,041 
  
    Impairment loss on intangible assets 
     4,181  
     -  
     - 
  
    Loss (gain) on disposal of fixed assets 
     143  
     (34) 
     - 
  
    Total operating expenses 
     82,685  
     93,362  
     54,454 

    Loss from operations 
     (85,519) 
     (88,875) 
     (53,890)

    Bargain purchase gain, net of tax 
     -  
     1,669  
     - 
  
    Interest expense 
     (4,457) 
     (80) 
     (62)
  
    Unrealized loss on derivative liability 
     (8,866) 
     -  
     - 
  
    Other income 
     2,434  
     5,590  
     861 

    Net loss before taxes 
    $(96,408) 
    $(81,696) 
    $(53,091)

    Income tax expense 
     (507) 
     (1,146) 
     - 

    Net loss 
    $(96,915) 
    $(82,842) 
    $(53,091)

    Net loss per share - basic and diluted 
    $(0.46) 
    $(0.45) 
    $(0.32)

    Weighted-average shares outstanding - basic and diluted 
     209,510  
     182,802  
     165,958 

The
accompanying notes are an integral part of these consolidated financial statements.

35

MicroVision,
Inc.

Consolidated
Statements of Comprehensive Loss

(In
thousands)