Cash flow MicroVision, Inc.

Stocks

MVIS

US5949603048

Electronic Equipment & Parts

Market Closed - Nasdaq Other stock markets 04:00:00 2026-07-21 pm EDT			5-day change	1st Jan Change
0.3400 ^USD	+11.99%		-1.05%	-58.94%

Jul. 15	MicroVision, Inc. Appoints James Byun as Chief Commercial Officer	CI
Jul. 13	MicroVision Registers $50 Million Mixed Shelf Offering	MT

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Published financial data: MICROVISION, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.5M	664K	7.26M	4.7M	1.21M
Total Revenues	2.5M	664K	7.26M	4.7M	1.21M
Cost of Goods Sold, Total	2K	100K	2.77M	7.53M	18.55M
Gross Profit	2.5M	564K	4.49M	-2.83M	-17.34M
Selling General & Admin Expenses, Total	22.26M	24.04M	36.69M	28.75M	20.32M
R&D Expenses	24.11M	30.41M	56.71M	43.62M	31.72M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	46.37M	54.45M	93.4M	72.36M	52.04M
Operating Income	-43.87M	-53.89M	-88.91M	-75.2M	-69.38M
Interest Expense, Total	-	-	-	-4.46M	-18.53M
Net Interest Expenses	-	-	-	-4.46M	-18.53M
Other Non Operating Income (Expenses)	-23K	799K	5.51M	-6.43M	10.95M
EBT, Excl. Unusual Items	-43.89M	-53.09M	-83.4M	-86.08M	-76.97M
Restructuring Charges	-	-	-	-6M	-
Gain (Loss) On Sale Of Assets	-	-	34K	-143K	-
Asset Writedown	-	-	-	-4.18M	-13.44M
Other Unusual Items	692K	-	1.67M	-	-4.65M
EBT, Incl. Unusual Items	-43.2M	-53.09M	-81.7M	-96.41M	-95.06M
Income Tax Expense	-	-	1.15M	507K	-84K
Earnings From Continuing Operations	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Net Income to Company	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Net Income - (IS)	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Net Income to Common Incl Extra Items	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Net Income to Common Excl. Extra Items	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Per Share Items
Net EPS - Basic	-0.27	-0.32	-0.45	-0.46	-0.35
Basic EPS - Continuing Operations	-0.27	-0.32	-0.45	-0.46	-0.35
Basic Weighted Average Shares Outstanding	161M	166M	183M	210M	273M
Net EPS - Diluted	-0.27	-0.32	-0.45	-0.46	-0.35
Diluted EPS - Continuing Operations	-0.27	-0.32	-0.45	-0.46	-0.35
Diluted Weighted Average Shares Outstanding	161M	166M	183M	210M	273M
Normalized Basic EPS	-0.17	-0.2	-0.29	-0.26	-0.18
Normalized Diluted EPS	-0.17	-0.2	-0.29	-0.26	-0.18
Supplemental Items
EBITDA	-42.92M	-53.14M	-83.67M	-68.28M	-63.56M
EBITA	-43.82M	-53.85M	-86.81M	-73.1M	-68.48M
EBIT	-43.87M	-53.89M	-88.91M	-75.2M	-69.38M
EBITDAR	-42.4M	-51.64M	-81.04M	-65.57M	-60.1M
Total Revenues (As Reported)	2.5M	664K	-	-	-
Effective Tax Rate - (Ratio)	-	-	-1.4	-0.53	0.09
Current Foreign Taxes	-	-	2.06M	581K	332K
Total Current Taxes	-	-	2.06M	581K	332K
Deferred Foreign Taxes	-	-	-915K	-74K	-416K
Total Deferred Taxes	-	-	-915K	-74K	-416K
Normalized Net Income	-27.43M	-33.18M	-52.12M	-53.8M	-48.1M
Interest on Long-Term Debt	3K	2K	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	24.11M	30.41M	56.71M	49.02M	31.72M
Net Rental Expense, Total	513K	1.5M	2.62M	2.7M	3.46M
Imputed Operating Lease Interest Expense	-	-	-	2.89M	11.6M
Imputed Operating Lease Depreciation	-	-	-	-188K	-8.14M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., R&D Exp. (Total)	6.12M	6.93M	6.53M	3.97M	2.58M
Stock-Based Comp., SG&A Exp. (Total)	9.16M	8.53M	9.61M	7.56M	-1.88M
Total Stock-Based Compensation	15.28M	15.46M	16.14M	11.54M	701K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	82.65M	20.54M	45.17M	54.49M	32.36M
Short Term Investments	32.72M	62.17M	28.61M	20.22M	42.47M
Total Cash And Short Term Investments	115M	82.71M	73.78M	74.7M	74.83M
Accounts Receivable, Total	-	-	949K	926K	47K
Total Receivables	-	-	949K	926K	47K
Inventory	1.78M	1.86M	3.87M	2.29M	745K
Restricted Cash	-	-	3.26M	261K	497K
Other Current Assets, Total	2.28M	6.44M	4.89M	4.29M	4.99M
Total Current Assets	119M	91.01M	86.75M	82.47M	81.11M
Gross Property Plant And Equipment	23.32M	36.83M	41.26M	44.03M	40.22M
Accumulated Depreciation	-14.71M	-15.42M	-18.47M	-20.22M	-21.87M
Net Property Plant And Equipment	8.6M	21.41M	22.79M	23.81M	18.36M
Other Intangibles, Total	115K	75K	17.24M	10.97M	32K
Other Long-Term Assets, Total	2.08M	2.5M	2.86M	3.91M	3.62M
Total Assets	130M	115M	130M	121M	103M
Liabilities
Accounts Payable, Total	3.85M	2.19M	5.27M	1.51M	2.29M
Accrued Expenses, Total	907K	1.93M	5.64M	2.14M	1.58M
Current Portion of Long-Term Debt	392K	-	-	24.25M	19.21M
Current Portion of Leases	870K	1.87M	2.32M	2.68M	3.5M
Current Income Taxes Payable	-	-	-	20K	21K
Unearned Revenue Current, Total	5.26M	4.6M	300K	308K	-
Other Current Liabilities	1.18M	839K	6.97M	15.04M	3.55M
Total Current Liabilities	12.46M	11.43M	20.5M	45.95M	30.15M
Long-Term Debt	-	-	-	8.75M	-
Long-Term Leases	5.01M	13.83M	12.71M	15.95M	14.06M
Unearned Revenue Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	614K	1.73M	3.36M
Total Liabilities	17.47M	25.26M	33.83M	72.39M	47.57M
Common Stock, Total	164K	171K	195K	225K	306K
Additional Paid In Capital	742M	772M	861M	911M	1.01B
Retained Earnings	-629M	-683M	-765M	-862M	-957M
Comprehensive Income and Other	-19K	-127K	210K	-	669K
Total Common Equity	113M	89.74M	95.8M	48.77M	55.55M
Total Equity	113M	89.74M	95.8M	48.77M	55.55M
Total Liabilities And Equity	130M	115M	130M	121M	103M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	165M	176M	195M	245M	307M
ECS Total Common Shares Outstanding	164M	171M	195M	225M	307M
Book Value / Share	0.69	0.53	0.49	0.22	0.18
Tangible Book Value	113M	89.67M	78.57M	37.8M	55.52M
Tangible Book Value Per Share	0.69	0.53	0.4	0.17	0.18
Total Debt	6.27M	15.7M	15.04M	51.64M	36.77M
Net Debt	-109M	-67.01M	-58.74M	-23.06M	-38.07M
Debt Equivalent Oper. Leases	4.1M	12.01M	21M	21.61M	27.68M
Account Code - Inventory Valuation	3	3	5	5	5
Inventories - Raw Materials, Total	1.78M	1.56M	1.57M	1.62M	-
Inventories - Work In Process, Total	-	305K	305K	-	-
Inventories - Finished Goods, Total	-	-	2M	678K	745K
Machinery, Total	16.83M	18.46M	23.66M	23.32M	22.08M
Full Time Employees	96	350	340	185	190
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	-	-	3.1M	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-43.2M	-53.09M	-82.84M	-96.92M	-94.98M
Depreciation & Amortization - CF	902K	705K	3.14M	4.82M	4.92M
Amortization of Goodwill and Intangible Assets - (CF)	49K	40K	2.1M	2.1M	900K
Depreciation & Amortization, Total	951K	745K	5.24M	6.92M	5.82M
Amortization of Deferred Charges, Total - (CF)	-	-	-	4.38M	11.16M
(Gain) Loss From Sale Of Asset	-	-	-34K	143K	-
(Gain) Loss on Sale of Investments - (CF)	86K	21K	-1.28M	-951K	-532K
Asset Writedown & Restructuring Costs	882K	64K	12K	4.59M	13.44M
Stock-Based Compensation (CF)	15.28M	15.46M	16.14M	11.54M	701K
Other Operating Activities, Total	-141K	1.59M	1.03M	10.91M	11.71M
Change In Accounts Receivable	-	-	-949K	23K	879K
Change In Inventories	-1.83M	-168K	-892K	-495K	-8.28M
Change In Accounts Payable	2.52M	-1.74M	942K	-1.14M	496K
Change in Unearned Revenues	-1.32M	-293K	-6.45M	-188K	-399K
Change in Other Net Operating Assets	-2.64M	-609K	1.99M	-7.35M	1.25M
Cash from Operations	-29.4M	-38.02M	-67.09M	-68.54M	-58.72M
Capital Expenditure	-2.49M	-4.36M	-1.94M	-374K	-679K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-11.23M	-6.3M	-
Investment in Marketable and Equity Securities, Total	-32.82M	-29.58M	34.99M	9.35M	-21.72M
Other Investing Activities, Total	-	-4.13M	-	-	-2.24M
Cash from Investing	-35.32M	-38.07M	21.82M	2.67M	-24.65M
Long-Term Debt Issued, Total	-	-	-	38.08M	-
Total Debt Issued	-	-	-	38.08M	-
Long-Term Debt Repaid, Total	-516K	-418K	-21K	-	-16.51M
Total Debt Repaid	-516K	-418K	-21K	-	-16.51M
Issuance of Common Stock	132M	14.72M	72.46M	34.81M	77.38M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	131M	14.31M	72.44M	72.89M	60.87M
Foreign Exchange Rate Adjustments	-	-	267K	-166K	316K
Net Change in Cash	66.44M	-61.78M	27.44M	6.86M	-22.18M
Supplemental Items
Levered Free Cash Flow	-14.73M	-27.71M	-32.18M	-21.27M	-48.03M
Unlevered Free Cash Flow	-14.73M	-27.71M	-32.18M	-22.87M	-47.61M
Change In Net Working Capital	1.06M	5.88M	-3.94M	-6.05M	10.09M
Net Debt Issued / Repaid	-516K	-418K	-21K	38.08M	-16.51M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-36.26	-27.47	-45.43	-37.48	-38.67
Return on Total Capital	-41.81	-30.01	-51.39	-44.49	-45
Return On Equity %	-70.96	-52.44	-89.3	-134.07	-182.1
Return on Common Equity	-70.96	-52.44	-89.3	-134.07	-182.1
Margin Analysis
Gross Profit Margin %	99.92	84.94	61.81	-60.35	-1.44K
SG&A Margin	890.24	3.62K	505.43	612.14	1.68K
EBITDA Margin %	-1.72K	-8K	-1.15K	-1.45K	-5.26K
EBITA Margin %	-1.75K	-8.11K	-1.2K	-1.56K	-5.67K
EBIT Margin %	-1.75K	-8.12K	-1.22K	-1.6K	-5.74K
Income From Continuing Operations Margin %	-1.73K	-8K	-1.14K	-2.06K	-7.86K
Net Income Margin %	-1.73K	-8K	-1.14K	-2.06K	-7.86K
Net Avail. For Common Margin %	-1.73K	-8K	-1.14K	-2.06K	-7.86K
Normalized Net Income Margin	-1.1K	-5K	-718.07	-1.15K	-3.98K
Levered Free Cash Flow Margin	-589.24	-4.17K	-443.3	-452.95	-3.98K
Unlevered Free Cash Flow Margin	-589.24	-4.17K	-443.3	-486.94	-3.94K
Asset Turnover
Asset Turnover	0.03	0.01	0.06	0.04	0.01
Fixed Assets Turnover	0.44	0.04	0.33	0.2	0.06
Receivables Turnover (Average Receivables)	-	-	-	5.01	2.48
Inventory Turnover (Average Inventory)	-	0.05	0.97	2.44	12.21
Short Term Liquidity
Current Ratio	9.58	7.96	4.23	1.79	2.69
Quick Ratio	9.26	7.24	3.64	1.65	2.48
Operating Cash Flow to Current Liabilities	-2.36	-3.33	-3.27	-1.49	-1.95
Days Sales Outstanding (Average Receivables)	-	-	-	73.07	147
Days Outstanding Inventory (Average Inventory)	-	6.64K	377.57	149.9	29.9
Average Days Payable Outstanding	-	6.09K	284.45	143.6	40.87
Cash Conversion Cycle (Average Days)	-	-	-	79.37	136.03
Long Term Solvency
Total Debt/Equity	5.56	17.49	15.7	105.88	66.19
Total Debt / Total Capital	5.27	14.89	13.57	51.43	39.83
LT Debt/Equity	4.44	15.41	13.27	50.66	25.31
Long-Term Debt / Total Capital	4.21	13.12	11.47	24.61	15.23
Total Liabilities / Total Assets	13.42	21.96	26.1	59.75	46.13
EBIT / Interest Expense	-	-	-	-16.87	-3.74
EBITDA / Interest Expense	-	-	-	-14.71	-3.24
(EBITDA - Capex) / Interest Expense	-	-	-	-14.8	-3.28
Total Debt / EBITDA	-0.15	-0.3	-0.19	-0.79	-0.61
Net Debt / EBITDA	2.57	1.3	0.72	0.35	0.63
Total Debt / (EBITDA - Capex)	-0.14	-0.28	-0.18	-0.78	-0.6
Net Debt / (EBITDA - Capex)	2.43	1.2	0.71	0.35	0.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-19.09	-73.44	993.22	-35.31	-74.28
Gross Profit, 1 Yr. Growth %	47.64	-77.42	695.57	-163.16	511.86
EBITDA, 1 Yr. Growth %	216.36	23.83	57.44	-15.13	-6.9
EBITA, 1 Yr. Growth %	212.82	22.89	61.09	-15.21	-6.31
EBIT, 1 Yr. Growth %	211.9	22.84	64.98	-14.85	-7.73
Earnings From Cont. Operations, 1 Yr. Growth %	216.85	22.9	56.04	16.99	-2
Net Income, 1 Yr. Growth %	216.85	22.9	56.04	16.99	-2
Normalized Net Income, 1 Yr. Growth %	211.64	20.96	57.09	0.33	-10.59
Diluted EPS Before Extra, 1 Yr. Growth %	175.77	18.97	41.66	2.07	-24.83
Accounts Receivable, 1 Yr. Growth %	-	-	-	-2.42	-94.92
Inventory, 1 Yr. Growth %	-	4.55	108.17	-40.78	-67.52
Net Property, Plant and Equip., 1 Yr. Growth %	204.1	148.86	6.45	4.46	-22.9
Total Assets, 1 Yr. Growth %	519.94	-11.69	12.73	-6.54	-14.89
Tangible Book Value, 1 Yr. Growth %	1.17K	-20.4	-12.38	-51.89	46.88
Common Equity, 1 Yr. Growth %	1.15K	-20.41	6.76	-49.1	13.9
Cash From Operations, 1 Yr. Growth %	82.92	29.3	76.46	2.16	-14.33
Capital Expenditures, 1 Yr. Growth %	520.15	74.85	-55.61	-80.67	81.55
Levered Free Cash Flow, 1 Yr. Growth %	34.17	88.11	16.12	-27.23	125.79
Unlevered Free Cash Flow, 1 Yr. Growth %	34.17	88.11	16.12	-21.63	108.2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-46.96	-53.64	70.4	165.94	-59.21
Gross Profit, 2 Yr. CAGR %	178.53	-42.26	34.02	124.16	96.58
EBITDA, 2 Yr. CAGR %	30.28	97.93	39.63	14.98	-11.11
EBITA, 2 Yr. CAGR %	28.92	96.07	40.67	16.46	-10.87
EBIT, 2 Yr. CAGR %	28.73	95.74	42.36	18.12	-11.36
Earnings From Cont. Operations, 2 Yr. CAGR %	27.72	97.33	38.48	35.11	7.08
Net Income, 2 Yr. CAGR %	27.72	97.33	38.48	35.11	7.08
Normalized Net Income, 2 Yr. CAGR %	28.74	94.15	37.84	27.34	-5.29
Diluted EPS Before Extra, 2 Yr. CAGR %	6.3	81.13	29.82	20.25	-12.4
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-77.75
Inventory, 2 Yr. CAGR %	204.48	-	47.53	11.03	-56.15
Net Property, Plant and Equip., 2 Yr. CAGR %	65.08	175.09	62.76	5.45	-10.26
Total Assets, 2 Yr. CAGR %	231.7	133.98	-0.23	2.65	-10.81
Tangible Book Value, 2 Yr. CAGR %	417.99	218.39	-16.48	-35.07	-15.94
Common Equity, 2 Yr. CAGR %	432.46	215.61	-7.82	-26.28	-23.85
Cash From Operations, 2 Yr. CAGR %	10.59	53.79	51.05	34.27	-6.45
Capital Expenditures, 2 Yr. CAGR %	82.93	229.29	-11.9	-70.71	-40.76
Levered Free Cash Flow, 2 Yr. CAGR %	-6.91	58.87	47.8	-9.98	28.18
Unlevered Free Cash Flow, 2 Yr. CAGR %	-6.91	58.87	47.8	-6.6	27.73
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-47.83	-57.88	32.94	23.39	22.08
Gross Profit, 3 Yr. CAGR %	-28.96	20.54	38.42	4.3	213.27
EBITDA, 3 Yr. CAGR %	19.13	28.09	83.39	16.74	7.17
EBITA, 3 Yr. CAGR %	17.37	26.87	83.68	18.55	8.32
EBIT, 3 Yr. CAGR %	17.24	26.74	84.9	19.68	8.79
Earnings From Cont. Operations, 3 Yr. CAGR %	16.6	26.09	82.48	30.91	21.4
Net Income, 3 Yr. CAGR %	16.6	26.09	82.48	30.91	21.4
Normalized Net Income, 3 Yr. CAGR %	17.22	26.09	80.92	25.17	13.18
Diluted EPS Before Extra, 3 Yr. CAGR %	-4.97	10.37	66.88	19.82	2.82
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Inventory, 3 Yr. CAGR %	17.08	113.21	-	8.82	-26.3
Net Property, Plant and Equip., 3 Yr. CAGR %	42.18	89.28	100.46	40.4	-5
Total Assets, 3 Yr. CAGR %	78.15	113.38	83.43	-2.38	-3.57
Tangible Book Value, 3 Yr. CAGR %	214.21	177.46	107.1	-30.51	-14.77
Common Equity, 3 Yr. CAGR %	201.43	182.58	119.91	-24.37	-14.78
Cash From Operations, 3 Yr. CAGR %	9.21	16.5	61	32.59	15.59
Capital Expenditures, 3 Yr. CAGR %	30.65	80.2	68.84	-46.86	-46.19
Levered Free Cash Flow, 3 Yr. CAGR %	2.27	17.69	43.11	13.03	22.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.27	17.69	43.11	15.79	22.01
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-29.89	-41.43	-16.24	-11.98	-17.13
Gross Profit, 5 Yr. CAGR %	-10.65	19.86	-8.43	54.49	59.27
EBITDA, 5 Yr. CAGR %	22.58	17.02	26.94	21.98	36.19
EBITA, 5 Yr. CAGR %	21.82	16.25	26.21	22.62	37.35
EBIT, 5 Yr. CAGR %	21.66	16.16	26.71	23.22	37.6
Earnings From Cont. Operations, 5 Yr. CAGR %	21.27	15.81	24.9	29.62	47.44
Net Income, 5 Yr. CAGR %	21.27	15.81	24.9	29.62	47.44
Normalized Net Income, 5 Yr. CAGR %	21.65	15.81	25.07	26.59	40.45
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.24	-1.79	7.66	14.22	28.96
Accounts Receivable, 5 Yr. CAGR %	-	-	-8.29	-3.01	-
Inventory, 5 Yr. CAGR %	7.62	-16.34	28.42	64.23	-
Net Property, Plant and Equip., 5 Yr. CAGR %	41.12	45.79	50.08	49.79	45.35
Total Assets, 5 Yr. CAGR %	45.3	31.04	41.28	59.23	37.47
Tangible Book Value, 5 Yr. CAGR %	75.55	56.72	84.95	55.2	44.39
Common Equity, 5 Yr. CAGR %	72.07	54.83	87.66	65.09	43.88
Cash From Operations, 5 Yr. CAGR %	14.68	19.69	24.34	23.31	29.58
Capital Expenditures, 5 Yr. CAGR %	22.74	7.05	11.6	-12.88	11.05
Levered Free Cash Flow, 5 Yr. CAGR %	11.65	26.1	18.5	4.58	34.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.65	26.1	18.5	6.11	34.1