MVIS Q1 2023 Earnings — MicroVision, Inc. Revenue & Financial Results | Market Cap Arena

MVISMicroVision, Inc.

$179M

Q1 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$782,000+123.4% YoY

Gross Profit

$238,00030.4% margin

Operating Income

-$21M-2709.8% margin

Net Income

-$19M-2433.1% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

+Infinity%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$14M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$123M

Total Liabilities

$37M

Stockholders' Equity

$87M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$782,000	$350,000	+123.4%
Gross Profit	$238,000	$346,000	-31.2%
Operating Income	-$21M	-$13M	-61.5%
Net Income	-$19M	-$13M	-44.5%

Revenue Segments

Product Revenue

$590,00075%

Contract Revenue

$192,00025%