MVIS Q2 2023 Earnings — MicroVision, Inc. Revenue & Financial Results | Market Cap Arena

MVISMicroVision, Inc.

$179M

Q2 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$329,000+4.8% YoY

Gross Profit

-$372,000-113.1% margin

Operating Income

-$24M-7264.4% margin

Net Income

-$21M-6264.1% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-57.9%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$18M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$149M

Total Liabilities

$36M

Stockholders' Equity

$113M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$329,000	$314,000	+4.8%
Gross Profit	-$372,000	$296,000	-225.7%
Operating Income	-$24M	-$14M	-74.8%
Net Income	-$21M	-$14M	-51.6%

Revenue Segments

Product Revenue

$261,00079%

Contract Revenue

$68,00021%