Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 135

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 135
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    Cash, cash equivalents, and restricted cash at end of period 
    $74,534  
    $18,365 

    Supplemental schedule of non-cash investing and financing activities 

    Common stock issued in conversions of notes payable 
    $21,980  
    $- 
  
    Issuance of warrants 
    $6,297  
    $- 
  
    Acquisition of right-of-use asset 
    $139  
    $- 
  
    Foreign currency translation adjustment 
    $665  
    $101 
  
    Unrealized (loss) gain on investment securities, available-for-sale 
    $(14) 
    $33 

The
following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of September 30, 2025 and September
30, 2024:

    September 30,  
    September 30, 

    2025  
    2024 
  
    Cash and cash equivalents 
    $72,832  
    $16,523 
  
    Restricted cash, current 
     328  
     270 
  
    Restricted cash, net of current portion 
     1,374  
     1,572 
  
    Cash, cash equivalents, and restricted cash 
    $74,534  
    $18,365 

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

7

MicroVision,
Inc. 

Notes
to Condensed Consolidated Financial Statements 

(Unaudited)

1.
DESCRIPTION OF BUSINESS

MicroVision,
Inc. is committed to driving the global adoption of proprietary products, which leverage deterministic AI at the edge with the Company’s
innovative perception and application software running on diverse lidar sensors. The Company’s solutions enable ADAS and autonomy
features for customers in a wide range of industries including robotics, automated warehouse, agriculture, mining, military, and automotive.
The Company’s deterministic AI at the edge software running on sensors enables intelligent autonomous, active safety, and automation
systems which depend on secure, cost-effective and energy-efficient solutions. This software has been developed in close collaboration
with automotive customers and the Company is now rapidly expanding with it into new industrial and commercial vehicle sectors.

With
engineering teams based in Redmond, Washington and Hamburg, Germany, the Company develops and supplies integrated solutions built on
the perception software stack, incorporating application software and processing data from differentiated sensor systems.