Init value is not working

### I'm Submitting a ...

```
[x] Bug report
[ ] Feature request
[ ] Support request
```

### Steps to Reproduce

here is the code
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### Expected Results

Even though i set init value with moment object, It is showing the current time
### Actual Results

### Minimal Reproduction of the Problem

### Other Information (e.g. stacktraces, related issues, suggestions how to fix)