MicroVision, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:37:21Z
Custom taxonomy namespace:
ffd
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -59.41M | -68.91M | -69.05M | -42.40M | -31.93M | -16.51M |
| EBITDA | -77.00M | -78.60M | -81.01M | -51.64M | -42.41M | -12.65M |
| Working Capital | 50.96M | 36.52M | 66.25M | 79.58M | 106.97M | 7.53M |
| Net Debt | 4.69M | 11.72M | -30.13M | -4.84M | -76.77M | -14.19M |
| Gross Margin | -1435.43% | -60.35% | 61.81% | 84.94% | 99.92% | 54.76% |
| Operating Margin | -6856.62% | -1821.10% | -1224.34% | -8115.96% | -1754.76% | -440.61% |
| Net Margin | -7862.67% | -2063.78% | -1141.23% | -7995.63% | -1728.00% | -441.23% |
| Return on Equity (ROE) | -170.99% | -198.72% | -86.47% | -59.16% | -38.31% | -151.34% |
| Return on Assets (ROA) | -92.11% | -79.99% | -63.90% | -46.17% | -33.17% | -64.91% |
| Current Ratio | 2.69× | 1.79× | 4.23× | 7.96× | 9.58× | 1.75× |
| Debt-to-Equity | 0.67× | 1.36× | 0.16× | 0.17× | 0.05× | 0.30× |
| Effective Tax Rate | 0.09% | -0.53% | -1.40% | 0.00% | 0.00% | — |
| Cash Conversion Ratio | 0.62× | 0.71× | 0.81× | 0.72× | 0.68× | 1.18× |
| Accruals Ratio | -0.35× | -0.23× | -0.12× | -0.13× | -0.11× | 0.12× |
| SBC % of Revenue | 58.03% | 245.63% | 222.36% | 2328.46% | 611.36% | 41.97% |
| CapEx Coverage | -84.86× | -183.26× | -34.30× | -8.67× | -11.66× | -37.30× |
| Free Cash Flow Per Share | $-0.22 | $-0.33 | $-0.38 | $-0.26 | $-0.20 | $-0.12 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.21M | 4.70M | 7.26M | 664.00K | 2.50M | 3.09M |
| Revenues | — | — | — | 664.00K | 2.50M | 3.09M |
| Cost of Goods and Services Sold | — | 7.53M | 2.77M | 100.00K | 2.00K | — |
| Cost of Revenue | 18.55M | 7.53M | 2.77M | 100.00K | 2.00K | 1.40M |
| Gross Profit | -17.34M | -2.83M | 4.49M | 564.00K | 2.50M | 1.69M |
| Research and Development Expense | 31.72M | 49.02M | 56.71M | 30.41M | 24.11M | 9.84M |
| Selling, General and Administrative Expense | 20.32M | 29.35M | 36.69M | 24.04M | 22.26M | 5.92M |
| Operating Expenses | 65.49M | 82.69M | 93.36M | 54.45M | 46.37M | 15.31M |
| Operating Income (Loss) | -82.83M | -85.52M | -88.88M | -53.89M | -43.87M | -13.62M |
| Income Tax Expense (Benefit) | -84.00K | 507.00K | 1.15M | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -94.98M | -96.92M | -82.84M | -53.09M | -43.20M | -13.63M |
| Earnings Per Share, Basic | $-0.35 | $-0.46 | $-0.45 | $-0.32 | $-0.27 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 273.14M | 209.51M | 182.80M | 165.96M | 160.66M | 139,829 |
| Earnings Per Share, Diluted | $-0.35 | $-0.46 | $-0.45 | $-0.32 | $-0.27 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 273.14M | 209.51M | 182.80M | 165.96M | 160.66M | 139.83M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 32.36M | 54.49M | 45.17M | 20.54M | 82.65M | 16.86M |
| Assets, Current | 81.11M | 82.47M | 86.75M | 91.01M | 119.43M | 17.56M |
| Assets | 103.12M | 121.16M | 129.63M | 115.00M | 130.22M | 21.01M |
| Long-term Debt | 19.21M | 33.00M | — | — | — | — |
| Liabilities, Current | 30.15M | 45.95M | 20.50M | 11.43M | 12.46M | 10.03M |
| Liabilities | 47.57M | 72.39M | 33.83M | 25.25M | 17.47M | 12.00M |
| Stockholders' Equity Attributable to Parent | 55.55M | 48.77M | 95.80M | 89.74M | 112.75M | 9.01M |
| Common Stock, Shares, Outstanding | 306.51M | 224.99M | 194.74M | 170.50M | 164.36M | 152,926 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -58.72M | -68.54M | -67.09M | -38.02M | -29.40M | -16.07M |
| Payments to Acquire Property, Plant, and Equipment | 679.00K | 374.00K | 1.94M | 4.36M | 2.49M | 402.00K |
| Net Cash Provided by (Used in) Investing Activities | -24.65M | 2.67M | 21.82M | -38.07M | -35.32M | 123.00K |
| Net Cash Provided by (Used in) Financing Activities | 60.87M | 72.89M | 72.44M | 14.31M | 131.16M | 26.98M |
Derived Metrics
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -15.65M | -43.76M | -27.14M | -14.20M | -15.16M | -53.76M |
| EBITDA | -39.93M | — | — | -12.63M | -16.80M | — |
| Working Capital | 50.96M | 75.08M | 60.35M | 37.15M | 36.52M | 42.44M |
| Net Debt | 4.69M | -24.67M | -19.38M | 2.56M | 11.72M | -2.71M |
| Gross Margin | -7220.63% | -297.10% | -361.94% | 6.62% | -149.45% | -206.84% |
| Operating Margin | -18569.96% | -5278.42% | -9455.48% | -2383.70% | -1119.52% | -8266.32% |
| Net Margin | -16930.94% | -5899.17% | -9180.00% | -4886.08% | -1888.18% | -8166.84% |
| Return on Equity (ROE) | -67.97% | -15.67% | -18.45% | -54.09% | -63.88% | -23.56% |
| Return on Assets (ROA) | -36.61% | -9.43% | -10.12% | -24.65% | -25.71% | -17.58% |
| Current Ratio | 2.69× | 2.88× | 2.41× | 1.89× | 1.79× | 5.00× |
| Debt-to-Equity | 0.67× | 0.53× | 0.71× | 1.02× | 1.36× | 0.21× |
| Effective Tax Rate | 1.11% | -1.22% | -0.66% | -0.25% | -0.26% | -0.70% |
| Cash Conversion Ratio | 0.41× | 3.05× | 1.89× | 0.49× | 0.48× | 3.45× |
| Accruals Ratio | -0.22× | 0.19× | 0.09× | -0.13× | -0.13× | 0.43× |
| SBC % of Revenue | -693.72% | 932.78% | 2484.52% | 326.15% | 122.00% | 5011.58% |
| CapEx Coverage | -62.37× | -97.34× | -85.71× | -139.58× | -146.17× | -197.36× |
| Free Cash Flow Per Share | $-0.06 | $-0.15 | $-0.11 | $-0.06 | $-0.07 | $-0.25 |
Valuation Metrics
Income Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 223.00K | 241.00K | 155.00K | 589.00K | 1.65M | 190.00K |
| Cost of Goods and Services Sold | — | 957.00K | 716.00K | 550.00K | 4.12M | 583.00K |
| Gross Profit | -16.10M | -716.00K | -561.00K | 39.00K | -2.47M | -393.00K |
| Research and Development Expense | 8.68M | 7.98M | 7.66M | 7.40M | 8.76M | 8.74M |
| Selling, General and Administrative Expense | 3.19M | 4.03M | 6.44M | 6.68M | 5.92M | 6.60M |
| Operating Expenses | 25.31M | 12.01M | 14.10M | 14.08M | 16.01M | 15.31M |
| Operating Income (Loss) | -41.41M | -12.72M | -14.66M | -14.04M | -18.47M | -15.71M |
| Income Tax Expense (Benefit) | -422.00K | 172.00K | 93.00K | 73.00K | 81.00K | 108.00K |
| Net Income (Loss) Attributable to Parent | -37.76M | -14.22M | -14.23M | -28.78M | -31.16M | -15.52M |
| Earnings Per Share, Basic | $-0.13 | $-0.05 | $-0.06 | $-0.12 | $-0.14 | $-0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 273.14M | 295.46M | 254.66M | 235.93M | 209.51M | 213.00M |
| Earnings Per Share, Diluted | $-0.13 | $-0.05 | $-0.06 | $-0.12 | $-0.14 | $-0.07 |
| Weighted Average Number of Shares Outstanding, Diluted | 273.14M | 295.46M | 254.66M | 235.93M | 209.51M | 213.00M |
Balance Sheet
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 32.36M | 72.83M | 74.09M | 51.92M | 54.49M | 16.52M |
| Assets, Current | 81.11M | 114.98M | 103.18M | 79.00M | 82.47M | 53.05M |
| Assets | 103.12M | 150.82M | 140.62M | 116.74M | 121.16M | 88.26M |
| Long-term Debt | 19.21M | 28.96M | 32.27M | 30.11M | 33.00M | — |
| Liabilities, Current | 30.15M | 39.90M | 42.83M | 41.85M | 45.95M | 10.61M |
| Liabilities | 47.57M | 60.10M | 63.51M | 63.54M | 72.39M | 22.41M |
| Stockholders' Equity Attributable to Parent | 55.55M | 90.72M | 77.10M | 53.20M | 48.77M | 65.86M |
| Common Stock, Shares, Outstanding | 306.51M | 302.36M | 278.02M | 245.44M | 224.99M | 213.44M |
Cash Flow Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -15.40M | -43.31M | -26.83M | -14.10M | -15.06M | -53.48M |
| Payments to Acquire Property, Plant, and Equipment | 244.00K | 435.00K | 307.00K | 99.00K | 103.00K | 271.00K |
| Net Cash Provided by (Used in) Investing Activities | -18.02M | -6.63M | 2.77M | 3.09M | 6.50M | -3.83M |
| Net Cash Provided by (Used in) Financing Activities | -6.89M | 67.76M | 43.28M | 8.21M | 46.73M | 26.16M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MVIS CIK 0000065770),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.