XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.22.2.2

8. LEASES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Leases [Abstract] |
Components of Lease Expense | The components of lease expense were as follows: Components of Lease Expense
|  |  | Three Months Ended |  |  | Nine Months Ended
|  |  | September 30, |  |  | September 30,
(in thousands) |  |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021
Operating lease expense |  | $ | 365 |  | $ | 116 |  | $ | 865 |  | $ | 348
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 6 |  |  | 7 |  |  | 19 |  |  | 24
Interest on lease liabilities |  |  | 1 |  |  | - |  |  | 2 |  |  | 2
Total finance lease expense |  |  | 7 |  |  | 7 |  |  | 21 |  |  | 26
Total lease expense |  | $ | 372 |  | $ | 123 |  | $ | 886 |  | $ | 374
Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows: Cash Flow Information Related to Leases
|  |  | Nine Months Ended
|  |  | September 30,
(in thousands) |  |  | 2022 |  |  | 2021
Cash paid for amounts included in measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 938 |  | $ | 506
Operating cash flows from finance leases |  |  | 2 |  |  | 2
Financing cash flows from finance leases |  |  | 20 |  |  | 25
Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows: Supplemental Balance Sheet Information Related to Leases
|  |  | September 30, |  |  | December 31,
(in thousands) |  |  | 2022 |  |  | 2021
Operating leases |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 14,486 |  | $ | 5,577
Current portion of operating lease liability |  |  | 769 |  |  | 849
Operating lease liability, net of current portion |  |  | 13,803 |  |  | 4,983
Total operating lease liabilities |  | $ | 14,572 |  | $ | 5,832
Finance leases |  |  |  |  |  |
Property and equipment, at cost |  | $ | 112 |  | $ | 112
Accumulated depreciation |  |  | (75) |  |  | (56)
Property and equipment, net |  | $ | 37 |  | $ | 56
Current portion of finance lease obligations |  | $ | 25 |  | $ | 21
Finance lease obligations, net of current portion |  |  | 2 |  |  | 26
Total finance lease liabilities |  | $ | 27 |  | $ | 47
Weighted Average Remaining Lease Term |  |  |  |  |  |
Operating leases |  |  | 9.9 years |  |  | 9.5 years
Finance leases |  |  | 0.7 years |  |  | 1.2 years
Weighted Average Discount Rate |  |  |  |  |  |
Operating leases |  |  | 4.6% |  |  | 2.5%
Finance leases |  |  | 6.3% |  |  | 6.3%
Maturities of Lease Liabilities | As of September 30, 2022, maturities of lease liabilities were as follows: Maturities of Lease Liabilities
(in thousands) |  |  | Operating |  |  | Finance
Years Ended December 31, |  |  | leases |  |  | leases
2022 |  | $ | 303 |  | $ | 7
2023 |  |  | 1,753 |  |  | 21
2024 |  |  | 1,804 |  |  | -
2025 |  |  | 1,855 |  |  | -
Thereafter |  |  | 12,733 |  |  | -
Total minimum lease payments |  |  | 18,448 |  |  | 28
Less: amount representing interest |  |  | (3,876) |  |  | (1)
Present value of capital lease liabilities |  | $ | 14,572 |  | $ | 27

X
- References No definition available. + Details
Name: | MVIS_ScheduleofAssetsandLiabilitiesLeasesTableTextBlock
Namespace Prefix: | MVIS_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
Name: | srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration