MVIS Q1 2024 Earnings — MicroVision, Inc. Revenue & Financial Results | Market Cap Arena

MVISMicroVision, Inc.

$179M

Q1 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$956,000+22.3% YoY

Gross Profit

-$321,000-33.6% margin

Operating Income

-$27M-2793.9% margin

Net Income

-$26M-2752.4% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-81.3%

Cash Flow

Operating Cash Flow

-$21M

Free Cash Flow

-$21M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$124M

Total Liabilities

$30M

Stockholders' Equity

$94M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$956,000	$782,000	+22.3%
Gross Profit	-$321,000	$238,000	-234.9%
Operating Income	-$27M	-$21M	-26.0%
Net Income	-$26M	-$19M	-38.3%

Revenue Segments

Product Revenue

$856,00090%

Contract Revenue

$53,0006%

License And Royalty Revenue

$47,0005%