MVIS · XBRL financial data

MicroVision financial statements, every fiscal year

The same tables from 6 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 years (MVIS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Jan 31, 2023	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	3,090	2,500	—	—	—	—
Revenue from contracts with customers	3,090	2,500	—	7,259	4,696	1,208
Cost of revenue	1,398	2	—	2,772	7,530	18,548
Cost of goods and services sold	—	2	—	2,772	7,530	—
Gross profit	1,692	2,498	—	4,487	(2,834)	(17,340)
Research and development	9,840	24,111	—	56,707	49,015	31,720
Selling, general and administrative	5,917	22,256	—	36,689	29,346	20,325
Total operating expenses	15,307	46,367	—	93,362	82,685	65,488
Operating income (loss)	(13,615)	(43,869)	—	(88,875)	(85,519)	(82,828)
Interest expense	—	—	—	80	4,457	7,325
Other income (expense)	(19)	(23)	—	5,510	—	—
Income tax expense (benefit)	0	0	—	1,146	507	(84)
Net income (loss)	(13,634)	(43,200)	—	(82,842)	(96,915)	(94,981)
Earnings per share, basic USD per share	(0.10)	(0.27)	—	(0.45)	(0.46)	(0.35)
Earnings per share, diluted USD per share	(0.10)	(0.27)	—	(0.45)	(0.46)	(0.35)
Weighted average shares, basic thousands of shares	140	160,662	—	182,802	209,510	273,136
Weighted average shares, diluted thousands of shares	140	160,662	—	182,802	209,510	273,136

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Jan 31, 2023	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	16,862	82,647	18,500	45,167	54,486	32,363
Short-term investments	—	—	—	—	20,200	42,500
Marketable securities	—	32,720	—	28,611	20,216	42,471
Accounts receivable	0	—	—	949	926	47
Inventory	0	1,780	—	3,874	2,294	745
Total current assets	17,560	119,430	—	86,754	82,470	81,112
Property and equipment, net	1,883	3,026	—	9,032	7,061	4,280
Right-of-use asset	946	5,577	—	13,758	16,746	14,075
Total assets	21,006	130,225	—	129,635	121,161	103,119
Accounts payable	630	3,584	—	2,271	1,132	1,628
Accrued liabilities	495	1,170	—	8,640	2,542	5,426
Total current liabilities	10,028	12,462	—	20,503	45,951	30,149
Lease liability, non-current	774	4,983	—	12,714	15,954	14,034
Total liabilities	11,997	17,471	—	33,831	72,392	47,571
Accumulated deficit	(586,233)	(629,433)	—	(765,366)	(862,281)	(957,262)
Total stockholders' equity	9,009	112,754	—	95,804	48,769	55,548
Total liabilities and equity	21,006	130,225	—	129,635	121,161	103,119
Common shares outstanding (cover page) thousands of shares	157,327	164,630	175,819	195,267	245,005	306,580

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Jan 31, 2023	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(13,634)	(43,200)	—	(82,842)	(96,915)	(94,981)
Stock-based compensation	1,297	15,284	—	16,141	11,535	701
Depreciation and amortization	963	1,464	—	7,864	6,920	5,824
Net cash from operating activities	(16,075)	(29,404)	—	(67,090)	(68,540)	(58,720)
Purchases of property and equipment	402	2,493	—	1,935	374	679
Net cash from investing activities	123	(35,318)	—	21,822	2,672	(24,648)
Proceeds from issuing common stock	25,435	122,891	—	72,284	34,748	77,374
Proceeds from issuing equity	—	6,135	—	—	—	—
Proceeds from long-term debt	1,571	0	—	—	—	—
Repayments of long-term debt	0	488	—	—	—	—
Net cash from financing activities	26,977	131,164	—	72,438	72,890	60,869
Net change in cash	11,025	66,442	—	—	—	—

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 ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Microvision	28,890	2,400	(13,636)*	34.0M	1.7 quarters	Q3 FY26 10-QSep 30, 2026
SkyWater Technology	12,582	156,377	(14,341)*	49.4M	0.9 quarters	Q2 FY26 10-QJun 28, 2026
Arteris	93,270	24,134	9,210*	49.2M	—	Q2 FY26 10-QJun 30, 2026
Neonode	21,320	not reported	(1,896)*	16.8M	11.2 quarters	Q2 FY26 10-QJun 30, 2026
Varex Imaging	99,200	210,500	21,000*	42.1M	—	Q3 FY26 10-QJul 3, 2026
Vishay Precision Group	75,702	83,936	271*	not reported	—	Q2 FY26 10-QJul 4, 2026
Nano Dimension	349,108	28,963	not reported	210.8M	—	Q2 FY26 10-QJun 30, 2026
Aeluma	56,006	582*	(1,623)*	19.3M	34.5 quarters	Q4 FY26 10-KJun 30, 2026
KULR Technology Group	12,784	2,080	(8,986)*	46.3M	1.4 quarters	Q2 FY26 10-QJun 30, 2026

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