Mon, May 12, 9:36 PM (68 days ago)
**MicroVision, Inc. (MVIS) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $589,000 (Q1 2024: $956,000), a 38.4% decrease. - **Gross Profit:** $39,000 (Q1 2024: -$321,000), a significant improvement. - **Net Loss:** $28,779,000 (Q1 2024: -$26,313,000), a 9.4% increase in loss. - **Operating Expenses:** $14,079,000 (Q1 2024: $26,389,000), a 46.7% decrease. - **Cash Flow:** Net cash used in operations was $14,098,000 (Q1 2024: -$20,759,000). **Profit Margins:** - **Gross Margin:** 6.6% (Q1 2024: -33.6%). - **Operating Margin:** -23.8% (Q1 2024: -27.6%). **Cash Flow:** - **Operating Cash Flow:** -$14,098,000 (Q1 2024: -$20,759,000). - **Investing Cash Flow:** $3,090,000 (Q1 2024: -$3,282,000). - **Financing Cash Flow:** $8,205,000 (Q1 2024: $21,018,000). **Earnings Changes:** - **EPS (Basic & Diluted):** -$0.12 (Q1 2024: -$0.13). **Quarterly Performance Discussion:** - Revenue decreased due to lower shipments of MOVIA L sensors. - Operating expenses decreased significantly due to lower R&D and SG&A expenses. - Net loss increased slightly due to higher interest expenses and unrealized losses. **Trends & Uncertainties:** - MicroVision continues to face significant losses and relies on equity and debt financing. - The company has sufficient cash to fund operations for at least the next 12 months. - MicroVision is focused on expanding its perception software and sensor solutions into new markets. **Future Operations Impact:** - MicroVision plans to continue investing in R&D and expanding its product offerings. - The company will seek additional financing to support its operations and growth plans. - MicroVision faces risks related to market adoption, competition, and regulatory changes.