MicroVision Earnings Reports

In Q4 2024, MicroVision generated $1.7 million in revenue, down from the previous year primarily due to the absence of one-time Microsoft revenue. The company recorded a net loss of $31.2 million, impacted by a $13.2 million convertible note expense. Despite challenges, demand from industrial customers remained a positive sign.

MicroVision announced its Q3 2024 results, highlighting a $75 million capital commitment to secure additional revenue opportunities and steady improvement in cash burn. The company is focused on industrial customers and automotive OEMs with its lidar and software solutions.

MicroVision announced its second quarter 2024 results, noting continued engagement in RFQs with automotive OEMs and an increased interest in pre-RFQ collaboration. The company is focusing on near-term revenue opportunities in non-automotive markets and has reduced operating expenses to extend its financial runway.

MicroVision reported its Q1 2024 results, emphasizing ongoing engagement with automotive OEMs and a strategic focus on securing near-term revenue opportunities within industrial markets and through partnerships, while maintaining fiscal discipline.

MicroVision announced its Q4 and full year 2023 results, highlighting engagement in nine automotive RFQs and a focus on passenger vehicles with their MAVIN and MOVIA products. The company is also pursuing revenue streams from non-automotive applications to scale the business and improve gross margins.

MicroVision reported no revenue for Q3 2023 and a net loss of $29.5 million, or $0.17 per share. The company focused on advancing its automotive lidar technology and strategic initiatives. Operating expenses were $25.3 million, and cash usage was approximately $23 million. The company is focused on the A-sample delivery for MAVIN Auto.

MicroVision reported flat revenue of $0.3 million compared to the second quarter of 2022. The net loss for the quarter was $20.6 million, or $0.12 per share.

MicroVision reported Q1 2023 revenue of $0.8 million, exceeding expectations due to the Ibeo acquisition. The net loss was $19.0 million, or $0.11 per share. The company maintains its 2023 revenue guidance of $10-15 million.

MicroVision announced its fourth quarter and full year 2022 results, with a focus on its expanded product portfolio and strategic capital deployment. The company's revenue for the quarter was $0, and the net loss was $13.5 million. They ended the quarter with $82.7 million in cash and cash equivalents.

MicroVision reported a third-quarter revenue of $0 and a net loss of $12.9 million. The company has started sample sales to OEMs and Tier 1s in Q4 2022 and expects these to increase into next year.

MicroVision reported second quarter 2022 results with revenue of $0.3 million and a net loss of $13.6 million, or $0.08 per share. The company launched its new generation MicroVision MAVIN™ lidar hardware and expects to start strategic sample sales during the second half of 2022.

MicroVision reported Q1 2022 revenue of $0.4 million, a net loss of $13.2 million, and ended the quarter with $103.3 million in cash and cash equivalents.

MicroVision reported Q4 2021 revenue of $0.6 million, a net loss of $12.6 million, and ended the quarter with $115.4 million in cash and cash equivalents.

MicroVision reported Q3 2021 revenue of $0.7 million, a slight increase from $0.6 million in Q3 2020. The company's net loss for the quarter was $9.4 million, or $0.06 per share, compared to a net loss of $2.8 million, or $0.02 per share, in the same period last year. The company ended the quarter with $125.1 million in cash and cash equivalents.

MicroVision reported a revenue of $0.7 million for Q2 2021, a slight increase compared to $0.6 million in Q2 2020. The company's net loss was $15.0 million, or $0.09 per share, which included $7.9 million of non-cash compensation expense. The company ended the quarter with $135.3 million in cash and cash equivalents.

MicroVision reported revenue of $0.5 million and a net loss of $6.2 million, or $0.04 per share, for the first quarter of 2021. The company ended the quarter with $75.3 million in cash and cash equivalents.

MicroVision made progress in advancing automotive LiDAR development, bolstering the balance sheet, building the strength of the team, and adding expertise to the Board of Directors while exploring strategic alternatives.

MicroVision reported Q3 2020 revenue of $0.6 million, a decrease from $1.2 million in Q3 2019. The company's net loss was $2.8 million, or $0.02 per share, an improvement from a net loss of $6.1 million, or $0.05 per share, in the same quarter of the previous year. The company ended the quarter with $5.0 million in cash and cash equivalents.

MicroVision reported a decrease in revenue compared to the same quarter last year, alongside a reduced net loss. The company continues to explore strategic alternatives to maximize shareholder value.

MicroVision reported a decrease in revenue for the first quarter of 2020 compared to the same period in 2019, along with a net loss. The company is actively exploring strategic alternatives, including a potential sale of the company or its product verticals.

MicroVision reported Q4 2019 revenue of $4.6 million, a net loss of $3.3 million, or $0.03 per share. The company is actively engaged with multiple interested parties to evaluate various opportunities to license their IP and explore other strategic alternatives.