MVIS Q2 2024 Earnings — MicroVision, Inc. Revenue & Financial Results | Market Cap Arena

MVISMicroVision, Inc.

$179M

Q2 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+477.5% YoY

Gross Profit

$346,00018.2% margin

Operating Income

-$25M-1296.4% margin

Net Income

-$24M-1259.5% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

+98.7%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$19M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$103M

Total Liabilities

$25M

Stockholders' Equity

$79M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$329,000	+477.5%
Gross Profit	$346,000	-$372,000	+193.0%
Operating Income	-$25M	-$24M	-3.1%
Net Income	-$24M	-$21M	-16.1%

Revenue Segments

Product Revenue

$2M89%

License And Royalty Revenue

$152,0008%

Contract Revenue

$51,0003%