MVIS MicroVision Inc.
MicroVision, Inc. engages in the development of laser beam scanning technology. It offers its product under the PicoP brand. PicoP scanning technology has addressing the following market segments Interactive and non-interactive projected displays, 3D Perceptive LiDAR sensing for consumer electronics, Augmented/Mixed Reality (AR/MR) and 3D Perceptive LiDAR sensing for automotive active collision avoidance. The company was founded in May 1993 and is headquartered in Redmond, WA.
Company profile
Ticker
MVIS
Exchange
Website
CEO
Sumit Sharma
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MICROVISION INC
SEC CIK
Corporate docs
IRS number
911600822
MVIS stock data
()
Investment data
Securities sold
Number of investors
Calendar
6 Aug 20
7 Aug 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | 587K | 1.47M | 4.61M | 1.19M | |
| Net income | -2.3M | -4.93M | -3.28M | -6.14M | |
| Diluted EPS | -0.05 | ||||
| Net profit margin | -392% | -336% | -71.31% | -516% | |
| Operating income | -2.3M | -4.93M | -3.28M | -6.15M | |
| Net change in cash | 5.48M | -3.51M | -805K | 2.03M | |
| Cash on hand | 7.81M | 2.33M | 5.84M | 6.64M | |
| Cost of revenue | -1K | 1.4M | 3.43M | 2.07M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 8.89M | 17.61M | 9.63M | 14.76M | |
| Net income | -26.48M | -27.25M | -25.49M | -16.47M | |
| Diluted EPS | |||||
| Net profit margin | -298% | -155% | -265% | -112% | |
| Operating income | -26.47M | -27.22M | -25.48M | -16.46M | |
| Net change in cash | -7.93M | -3.2M | 1.83M | 7.25M | |
| Cash on hand | 5.84M | 13.77M | 16.97M | 15.14M | |
| Cost of revenue | 8.56M | 10.64M | 9.86M | 10.37M |
Financial data from MicroVision earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 20 | Mark Bradley Spitzer | Option MicroVision Common Stock | Grant | Aquire A | No | 1.25 | 15,000 | 18.75K | 15,000 |
| 9 Jun 20 | Mark Bradley Spitzer | Option MicroVision Common Stock | Grant | Aquire A | No | 1.25 | 15,000 | 18.75K | 15,000 |
| 5 Jun 20 | Holt Stephen Patrick | Common Stock | Payment of exercise | Dispose F | No | 0 | 5,412 | 0 | 257,345 |
| 5 Jun 20 | Westgor David J | Common Stock | Payment of exercise | Dispose F | No | 0 | 5,412 | 0 | 264,986 |
| 5 Jun 20 | Sharma Sumit | Common Stock | Payment of exercise | Dispose F | No | 0 | 6,913 | 0 | 433,388 |
Institutional ownership Q1 2020
14.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 50 |
| Opened positions | 6 |
| Closed positions | 14 |
| Increased positions | 10 |
| Reduced positions | 7 |
13F shares |
Current |
|---|---|
| Total value | 4M |
| Total shares | 20.74M |
| Total puts | 0 |
| Total calls | 30.7K |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| AWM Investment | 4.58M | $790K |
| Vanguard | 4.34M | $750K |
| State Of Michigan Retirement System | 4.33M | $746K |
| Taylor Frigon Capital Management | 3.63M | $626K |
| BLK BlackRock | 1.62M | $279K |
| Geode Capital Management | 639.21K | $110K |
| NTRS Northern Trust | 243.53K | $42K |
| Group One Trading | 156.73K | $27K |
| BSW Wealth Partners | 150K | $26K |
| Jane Street | 136.66K | $24K |
Financial report summary
?Competition
Spatialight
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Good
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New words:
abstaining, anniversary, called, cast, equivalent, forgiven, retention, write
Removed:
bid, calendar, consecutive, minimum, notification, preceding, reducing, regain, requirement
Financial reports
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
12 Mar 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
19 Jul 19
10-Q
2019 Q1
Quarterly report
26 Apr 19
10-K
2018 FY
Annual report
6 Mar 19
10-Q
2018 Q3
Quarterly report
26 Oct 18
10-Q
2018 Q2
Quarterly report
1 Aug 18
10-Q
2018 Q1
Quarterly report
10 May 18
Current reports
8-K
MicroVision Announces Second Quarter 2020 Results
5 Aug 20
8-K
Regulation FD Disclosure
5 Aug 20
8-K
MicroVision Announces Addition of Dr. Mark B. Spitzer to its Board of Directors
4 Jun 20
8-K
MicroVision Announces Resignation of Board Member Perry M. Mulligan
22 May 20
8-K
Submission of Matters to a Vote of Security Holders
21 May 20
8-K
MicroVision Announces First Quarter 2020 Results
7 May 20
8-K
Other Events
28 Apr 20
8-K
Other Events
22 Apr 20
8-K
MicroVision Receives Nasdaq Global Market Listing Deficiency Notice
9 Apr 20
8-K
MicroVision Announces Fourth Quarter and Full Year 2019 Results
11 Mar 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
27 Dec 19
424B5
Prospectus supplement for primary offering
23 Jul 19
S-8
Registration of securities for employees
20 Jul 19
424B5
Prospectus supplement for primary offering
23 Apr 19
424B5
Prospectus supplement for primary offering
17 Apr 19
424B5
Prospectus supplement for primary offering
3 Jan 19
424B5
Prospectus supplement for primary offering
10 Dec 18
424B5
Prospectus supplement for primary offering
4 Dec 18
424B3
Prospectus supplement
13 Nov 18
S-3
Shelf registration
1 Nov 18
Proxies
DEFA14A
Additional proxy soliciting materials
6 Aug 20
PRE 14A
Preliminary proxy
5 Aug 20
DEFA14A
Additional proxy soliciting materials
8 May 20
DEFA14A
Additional proxy soliciting materials
1 May 20
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEF 14A
Definitive proxy
3 Apr 20
PRE 14A
Preliminary proxy
13 Mar 20
DEFA14A
Additional proxy soliciting materials
9 Apr 19
DEF 14A
Definitive proxy
9 Apr 19
DEFA14A
Additional proxy soliciting materials
18 May 18
Other
SD
Conflict minerals disclosure
27 May 20
UPLOAD
Letter from SEC
16 Aug 19
CORRESP
Correspondence with SEC
1 Aug 19
UPLOAD
Letter from SEC
18 Jul 19
CORRESP
Correspondence with SEC
28 Jun 19
CORRESP
Correspondence with SEC
11 Jun 19
UPLOAD
Letter from SEC
3 Jun 19
SD
Conflict minerals disclosure
29 May 19
EFFECT
Notice of effectiveness
14 Nov 18
CORRESP
Correspondence with SEC
9 Nov 18
Ownership
3
MICROVISION / Mark Bradley Spitzer ownership change
12 Jun 20
4
MICROVISION / Mark Bradley Spitzer ownership change
11 Jun 20
4
MICROVISION / David J Westgor ownership change
8 Jun 20
4
MICROVISION / Sumit Sharma ownership change
8 Jun 20
4
MICROVISION / Stephen Patrick Holt ownership change
8 Jun 20
4
MICROVISION / BERNEE DL STROM ownership change
21 May 20
4
MICROVISION / BRIAN V TURNER ownership change
21 May 20
4
MICROVISION / Robert Paul Carlile ownership change
21 May 20
4
MICROVISION / Perry Mulligan ownership change
21 May 20
4
MICROVISION / SIMON BIDDISCOMBE ownership change
21 May 20
Patents
APP
Utility
Color Corrected Projection System with Field of View Expansion Optic
11 Jun 20
Chromatic aberrations are corrected on a first axis of a lens system by the lens system itself.
GRANT
Utility
Scanning time of flight 3D sensing with smart pulsing
2 Jun 20
A scanning display system includes smart infrared pulsing to detect gestures and touch events with reduced power consumption.
APP
Utility
Method and Apparatus For Filtering and Filtered Light Detection
16 Apr 20
A non-imaging concentrator is employed in an upside down configuration in which light enters a smaller aperture and exits a larger aperture.
GRANT
Utility
Method and apparatus for laser beam combining and speckle reduction
7 Apr 20
A beam combining device combines laser beams and performs speckle reduction of the laser light.
GRANT
Utility
Method and apparatus for collimating light from a laser diode
24 Mar 20
A bi-acylindrical lens collimates a divergent elliptical laser beam.