Microsoft's first attempt at a high-tech watch, back in 2004, was perhaps a little ahead of its time.

But now it's 2014, and the tech company is planning to launch a new smartwatch in the coming weeks, according to a report in Forbes.

The smartwatch is expected to include common health-tracking features, like distance traveled, as well as a continuous heart rate monitor. You'll be able to sync the device with different mobile platforms, according to the report.

Forbes cites anonymous sources who boast about the device's supposed two-day battery life, giving the wearable an advantage over, say, Samsung's Gear Live, which needs to be recharged every day.

Microsoft filed for a patent in 2012, which means the company has been working on a smartwatch for at least the last couple of years. Many prominent technology developers, such as Sony and LG, have launched or are working on wearable devices. One of the biggest opponents to Microsoft's new smartwatch will be the Apple Watch, which is slated for release sometime early in 2015. (Apple CEO Tim Cook has hinted that the device will need a daily charge.)

Microsoft set forth an early example of wearable technology about a decade ago when it collaborated with Fossil on Spot, which stood for Smart Personal Objects Technology. You could connect the watch to your computer using a cable, and in turn, it could receive updates on stocks or the weather. Spot failed to catch on, though, and was discontinued in 2008.

A Microsoft spokesman told Mashable in an email that the "company has nothing to share" about its smartwatch plans.

BONUS: Apple Watch Commercial Reveals Time Travel Feature