Microvision (MVIS)

Company Profile

MicroVision Inc. is a pioneering company in MEMS based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The Company's integrated approach uses its proprietary technology to provide solutions for automotive lidar sensors, augmented reality micro-display engines, interactive display modules and consumer lidar modules.

Company profile

Ticker

MVIS

Exchange

NASDAQ

Website

www.microvision.com

CEO

Sumit Sharma

Incorporated

Delaware

Location

Washington

Fiscal year end

Dec 31

Sector

Manufacturing > Electromedical and Electrotherapeutic Apparatus Manufacturing

Industry (SIC)

Electronic Components, NEC

Varex Imaging • Advanced Energy Industries • Vicor • Ostin Technology • Nortech Systems • Impinj • Espey Manufacturing & Electronics • Bonso Electronics International • LGL • M-tron Industries ...

Former names

MICROVISION INC

SEC CIK

0000065770

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

911600822

MVIS stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

Conflict minerals disclosure

31 May 23

8-K

Departure of Directors or Certain Officers

10 May 23

MicroVision Announces First Quarter 2023 Results

9 May 23

8-K/A

Financial Statements and Exhibits

18 Apr 23

ARS

2022 FY

Annual report to shareholders

5 Apr 23

DEFA14A

Additional proxy soliciting materials

5 Apr 23

MicroVision Unveils New MOVIA™ Sensor and Wins Order for Legacy Sensor

Transcripts

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MVIS

Earnings call transcript

2023 Q1

9 May 23

MVIS

Earnings call transcript

2022 Q4

28 Feb 23

MVIS

Earnings call transcript

2022 Q3

28 Oct 22

MVIS

Earnings call transcript

2022 Q2

28 Jul 22

MVIS

Earnings call transcript

2022 Q1

27 Apr 22

MVIS

Earnings call transcript

2021 Q4

25 Feb 22

MVIS

Earnings call transcript

2021 Q3

29 Oct 21

MVIS

Earnings call transcript

2021 Q2

5 Aug 21

MVIS

Earnings call transcript

2021 Q1

3 May 21

MVIS

Earnings call transcript

2020 Q4

12 Mar 21

Latest ownership filings

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Financial summary

Financial statements Chart MVIS financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	27.41 mm	27.41 mm	27.41 mm	27.41 mm	27.41 mm	27.41 mm
Cash burn (monthly)	(no burn)	2.44 mm	7.06 mm	5.16 mm	4.49 mm	3.38 mm
Cash used (since last report)	n/a	5.64 mm	16.32 mm	11.93 mm	10.38 mm	7.82 mm
Cash remaining	n/a	21.77 mm	11.09 mm	15.48 mm	17.03 mm	19.59 mm
Runway (months of cash)	n/a	8.9	1.6	3.0	3.8	5.8

Beta Read what these cash burn values mean

Financial data from Microvision earnings reports.

Institutional ownership, Q1 2023

MVIS institutional ownership history Ownership history

29.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	139	147	-5.4%
Opened positions	19	31	-38.7%
Closed positions	27	24	+12.5%
Increased positions	50	37	+35.1%
Reduced positions	30	37	-18.9%

13F shares	Current	Prev Q	Change
Total value	136.84 bn	119.95 bn	+14.1%
Total shares	51.50 mm	51.64 mm	-0.3%
Total puts	1.07 mm	3.04 mm	-64.8%
Total calls	686.10 k	1.08 mm	-36.6%
Total put/call ratio	1.6	2.8	-44.4%

Largest owners	Shares	Value	Change
BLK Blackrock	13.28 mm	$35.45 bn	+1.4%
Vanguard	9.82 mm	$26.23 bn	-4.7%
STT State Street	4.95 mm	$13.22 bn	+1.8%
Mirae Asset Global Investments	3.52 mm	$9.40 bn	+88.9%
Geode Capital Management	3.24 mm	$8.64 bn	+5.4%
MS Morgan Stanley	2.03 mm	$5.41 bn	-13.7%
NTRS Northern Trust	1.55 mm	$4.13 bn	+1.1%
Nuveen Asset Management	1.42 mm	$3.76 bn	+7.4%
Charles Schwab Investment Management	1.24 mm	$3.30 bn	+0.8%
Mitsubishi UFJ Kokusai Asset Management	862.57 k	$2.30 bn	+2.9%

Largest transactions	Shares	Bought/sold	Change
Mirae Asset Global Investments	3.52 mm	+1.66 mm	+88.9%
Norges Bank	0.00	-1.28 mm	EXIT
BAC Bank Of America	349.86 k	-790.59 k	-69.3%
Susquehanna International	781.53 k	+626.85 k	+405.2%
Sculptor Capital	0.00	-572.20 k	EXIT
JEF Jefferies Financial	0.00	-550.94 k	EXIT
Vanguard	9.82 mm	-487.13 k	-4.7%
HRT Financial	480.10 k	+480.10 k	NEW
MS Morgan Stanley	2.03 mm	-322.08 k	-13.7%
Millennium Management	0.00	-227.81 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MVIS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
17 May 23	Biddiscombe Simon	RSU common stock	Grant	Acquire A	No	No	45,756	45,756
17 May 23	Mark Bradley Spitzer	RSU common stock	Grant	Acquire A	No	No	45,756	45,756
17 May 23	Turner Brian V	RSU common stock	Grant	Acquire A	No	No	45,756	45,756
17 May 23	Carlile Robert Paul	RSU common stock	Grant	Acquire A	No	No	45,756	45,756
17 May 23	Judith Mecham Curran	RSU common stock	Grant	Acquire A	No	No	45,756	45,756
16 May 23	Biddiscombe Simon	Common Stock	Option exercise	Acquire M	No	No	7,492	93,996
16 May 23	Biddiscombe Simon	RSU common stock	Option exercise	Dispose M	No	No	7,492	0
16 May 23	Mark Bradley Spitzer	Common Stock	Option exercise	Acquire M	No	No	7,492	36,707
16 May 23	Mark Bradley Spitzer	RSU common stock	Option exercise	Dispose M	No	No	7,492	0
16 May 23	Turner Brian V	Common Stock	Option exercise	Acquire M	No	No	7,492	297,459