MVIS · XBRL financial data

MicroVision financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MVIS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26†Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	year only	1	2	0	2*	1	0	0	0*	1	1	2
Cost of revenue	year only	—	—	—	year only	1	1	1	year only	1	1	1
Cost of goods and services sold	1*	1	2	1	year only	1	1	1	—	—	—	—
Gross profit	—	(0)	0	(0)	—	0	(1)	(1)	—	0	1	1
Research and development	15*	17	14	9	9*	7	8	8	9*	14	16	13
Selling, general and administrative	10*	9	8	7	6*	7	6	4	3*	10	9	9
Total operating expenses	24*	26	25	15	16*	14	14	12	25*	24	25	23
Operating income (loss)	(20)*	(27)	(25)	(16)	(18)*	(14)	(15)	(13)	(41)*	(23)	(24)	(21)
Interest expense	year only	0	0	0	4*	7	0*	0*	0*	3	5	2
Other income (expense)	1*	1	1	0	—	—	(0)	0	—	—	0	8
Income tax expense (benefit)	0*	0	0	0	0*	0	0	0	(0)*	0	0	0
Net income (loss)	(20)*	(26)	(24)	(16)	(31)*	(29)	(14)	(14)	(38)*	(25)	(37)	(12)
Earnings per share, basic USD per share	—	(0.13)	(0.11)	(0.07)	(0.14)*	(0.12)	(0.06)	(0.05)	(0.12)*	(0.08)	(1.66)	(0.45)
Earnings per share, diluted USD per share	—	(0.13)	(0.11)	(0.07)	(0.14)*	(0.12)	(0.06)	(0.05)	(0.12)*	(0.08)	(1.66)	(0.45)
Weighted average shares, basic millions of shares	—	197	209	213	219*	236	255	295	305*	309	22	27
Weighted average shares, diluted millions of shares	—	197	209	213	219*	236	255	295	305*	309	22	27

† Share count changed about 1/14 in the period ending 2026-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (MVIS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26†Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	45	44	27	17	54	52	74	73	32	46	27	29
Short-term investments	—	29	30	27	20	17	17	27	43	—	—	—
Marketable securities	29	29	30	27	20	17	17	27	42	—	—	—
Accounts receivable	1	1	2	0	1	0	0	0	0	1	1	1
Inventory	4	4	4	4	2	3	6	8	1	4	4	4
Total current assets	87	82	67	53	82	79	103	115	81	54	34	38
Property and equipment, net	9	9	8	8	7	7	7	7	4	17	16	16
Right-of-use asset	14	13	12	12	17	16	16	15	14	18	18	17
Goodwill	—	—	—	—	—	—	—	—	—	4	4	4
Total assets	130	124	103	88	121	117	141	151	103	110	89	91
Accounts payable	2	2	1	1	1	1	2	1	2	5	6	6
Accrued liabilities	9	10	9	6	3	2	2	4	5	8	8	6
Total current liabilities	21	18	13	11	46	42	43	40	30	52	50	47
Lease liability, non-current	13	12	12	12	16	15	15	14	14	16	16	15
Total liabilities	34	30	25	22	72	64	64	60	48	71	68	68
Accumulated deficit	(765)	(792)	(816)	(831)	(862)	(891)	(905)	(920)	(957)	(983)	(1,019)	(1,032)
Total stockholders' equity	96	94	79	66	49	53	77	91	56	40	21	23
Total liabilities and equity	130	124	103	88	121	117	141	151	103	110	89	91
Common shares outstanding (cover page) millions of shares	195	207	213	219	245	249	301	305	307	332	24	34

† Share count changed about 1/14 in the period ending 2026-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (MVIS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26†Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	(20)*	(26)	(24)	(16)	(31)*	(29)	(14)	(14)	(38)*	(25)	(37)	(12)
Stock-based compensation	5*	4	3*	2*	2*	2	2*	(2)*	(2)*	1	1*	1*
Depreciation and amortization	2*	2	2*	2*	2*	1	2*	1*	1*	2	3*	3*
Net cash from operating activities	(17)*	(21)	(19)*	(14)*	(15)*	(14)	(13)*	(16)*	(15)*	(16)	(19)*	(14)*
Purchases of property and equipment	(0)*	0	0*	(0)*	0*	0	0*	0*	0*	0	0*	1*
Net cash from investing activities	0*	(3)	(4)*	4*	7*	3	(0)*	(9)*	(18)*	9	(0)*	(1)*
Proceeds from issuing common stock	12*	21	5*	(0)*	9*	8	35*	30*	4*	0	0*	17*
Net cash from financing activities	12*	21	5*	(0)*	47*	8	35*	24*	(7)*	21	0*	17*

† Share count changed about 1/14 in the period ending 2026-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3679 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3679 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Microvision	29	2.4	(14)*	34.0M	1.7 quarters	Q3 FY26 10-QSep 30, 2026
SkyWater Technology	13	156	(14)*	49.4M	0.9 quarters	Q2 FY26 10-QJun 28, 2026
Arteris	93	24	9.2*	49.2M	—	Q2 FY26 10-QJun 30, 2026
Neonode	21	not reported	(1.9)*	16.8M	11.2 quarters	Q2 FY26 10-QJun 30, 2026
Varex Imaging	99	211	21*	42.1M	—	Q3 FY26 10-QJul 3, 2026
Vishay Precision Group	76	84	0.3*	not reported	—	Q2 FY26 10-QJul 4, 2026
Nano Dimension	349	29	not reported	210.8M	—	Q2 FY26 10-QJun 30, 2026
Aeluma	56	0.6*	(1.6)*	19.3M	34.5 quarters	Q4 FY26 10-KJun 30, 2026
KULR Technology Group	13	2.1	(9)*	46.3M	1.4 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.