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
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
News
Microvision Stock Defies The S&P 500, May Be Forming Bullish Pattern: Here's How To Trade It
29 Apr 22
What's Going On With MicroVision Shares Today?
28 Apr 22
Microvision Q1 EPS $(0.08) Misses $(0.07) Estimate, Sales $400.00K Miss $720.00K Estimate
27 Apr 22
Earnings Scheduled For April 27, 2022
27 Apr 22
Earnings Preview For Microvision
26 Apr 22
Press releases
MicroVision to Participate in Upcoming Investor Conferences
28 Apr 22
MicroVision Announces First Quarter 2022 Results
27 Apr 22
MicroVision Releases Videos of Track Testing for Ground-Truth Data
26 Apr 22
MicroVision to Announce First Quarter 2022 Results on April 27, 2022
20 Apr 22
MicroVision to Participate in Virtual Fireside Chat Webcast and One-On-One Investor Meetings on April 13, 2022
8 Apr 22
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
28 Apr 22
20 May 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 56.7M | 56.7M | 56.7M | 56.7M | 56.7M | 56.7M |
Cash burn (monthly) | 9.01M | 1.59M | 4.37M | 4.23M | 3.64M | 958.75K |
Cash used (since last report) | 14.94M | 2.63M | 7.25M | 7.01M | 6.03M | 1.59M |
Cash remaining | 41.76M | 54.07M | 49.45M | 49.69M | 50.68M | 55.11M |
Runway (months of cash) | 4.6 | 34.0 | 11.3 | 11.7 | 13.9 | 57.5 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 22 | Sharma Sumit | Common Stock | Payment of exercise | Dispose F | No | No | 3.7143 | 86,231 | 320.29K | 752,398 |
8 Apr 22 | Sharma Sumit | Common Stock | Grant | Acquire A | No | No | 0 | 300,000 | 0 | 838,629 |
1 Apr 22 | Jeffrey A Herbst | Common Stock | Grant | Acquire A | No | No | 0 | 3,456 | 0 | 3,456 |
17 Mar 22 | Anubhav Verma | Common Stock | Payment of exercise | Dispose F | No | No | 4.2235 | 4,668 | 19.72K | 12,098 |
16 Mar 22 | Anubhav Verma | Common Stock | Option exercise | Acquire M | No | No | 0 | 16,766 | 0 | 16,766 |
16 Mar 22 | Anubhav Verma | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 16,766 | 0 | 0 |
11 Feb 22 | Drew G Markham | Common Stock | Payment of exercise | Dispose F | No | No | 3.8335 | 1,519 | 5.82K | 3,481 |
10 Feb 22 | Drew G Markham | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,000 | 0 | 5,000 |
10 Feb 22 | Drew G Markham | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,000 | 0 | 0 |
Institutional ownership, Q1 2022
29.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 149 |
Opened positions | 21 |
Closed positions | 43 |
Increased positions | 47 |
Reduced positions | 40 |
13F shares | Current |
---|---|
Total value | 236.98M |
Total shares | 49.23M |
Total puts | 1.83M |
Total calls | 2.86M |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 10.57M | $49.35M |
Vanguard | 9.01M | $42.1M |
STT State Street | 4.35M | $20.32M |
Mirae Asset Global Investments | 3.71M | $17.31M |
MS Morgan Stanley | 3.08M | $14.39M |
Geode Capital Management | 2.72M | $12.71M |
NTRS Northern Trust | 1.62M | $7.54M |
Renaissance Technologies | 1.52M | $7.08M |
Charles Schwab Investment Management | 1.19M | $5.55M |
Susquehanna International | 1.1M | $5.12M |
Financial report summary
?Management Discussion
- Product revenue is revenue from sales of our products which are LBS modules and their components. Revenue is recognized when control of the goods passes to the customer.
- The decrease in product revenue for the year ended December 31, 2021 compared to the same period in 2020 was due to ceasing product shipments in March 2020 in connection with our transfer of production to our customer. From the third quarter of 2019 through the end of February 2020, we produced and sold to the customer components to a high definition display system that we developed for the customer pursuant to a development agreement. The volume and resulting revenue and gross profit from this arrangement was fairly low. Therefore, in March 2020 we transferred production of the components to the customer. Starting in March 2020, instead of recognizing product revenue and the related cost, we earn a royalty from the customer for each unit shipped.
- Product revenue backlog at December 31, 2021 and 2020 was zero.
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Good
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New words:
acquire, acquired, advance, advanced, advice, agency, alternative, amortization, approach, arisen, Assisted, assumption, authoritative, automobile, bigger, camera, center, classification, combine, combined, Comprehensive, consulting, correct, corroborated, cyclical, dealer, dedicate, deployed, depression, Difficulty, driver, dynamic, economy, efficiency, electrification, encouraging, enhanced, Europe, expand, expanding, fast, field, framework, fuel, fusion, goodwill, government, hampered, hertz, hierarchy, highest, identical, impaired, impairment, inaccurate, inclusion, inflationary, injury, innovative, intangible, invasion, large, larger, leverage, masking, maximize, measured, measurement, measuring, microdisplay, mind, minimize, mission, multinational, North, orderly, outperform, partnership, pension, perception, platform, postpone, presence, prevalent, prioritize, qualification, quoted, radar, regulation, release, relevant, reluctant, reopened, resolution, response, rest, running, satisfaction, shift, shifted, shown, size, stack, stockholder, talent, traffic, transparency, turn, Ukraine, undetected, unforeseen, unknown, unobservable, unrealized, vaccination, vehicle, velocity, view, win, workplace
Removed:
accelerate, accelerated, avoidance, backlog, binomial, borrower, building, ceasing, characterized, collateral, collision, commerce, commitment, conclude, concurrent, constrain, continuously, cooperative, customary, cycle, default, Defending, delivery, department, diode, discussed, document, earned, equivalent, evaluating, evidenced, exclusive, exclusivity, exploratory, exploring, extension, fall, feasibility, fee, fixed, forgivable, granting, greatly, implementation, incentive, incorporate, incorporated, increasing, individual, involved, Lastly, lead, licensee, Lincoln, matter, maturity, merger, met, Mobility, monthly, note, open, order, partial, payroll, performing, planned, prepay, produced, producing, profit, promissory, proposed, prospect, prototype, pursuit, rapid, raw, recorded, repayable, retention, retire, schedule, Sharp, ship, shipped, suffer, terminated, thereunder, unit, unsuccessful, unwilling, variability, variance
Financial reports
Current reports
8-K
MicroVision Announces First Quarter 2022 Results
27 Apr 22
8-K
MicroVision Appoints Jeffrey Herbst to Board of Directors
4 Apr 22
8-K
MicroVision Announces Fourth Quarter and Full Year 2021 Results
24 Feb 22
8-K
Regulation FD Disclosure
3 Jan 22
8-K
Entry into a Material Definitive Agreement
4 Nov 21
8-K
MicroVision Announces Third Quarter 2021 Results
28 Oct 21
8-K
MicroVision Announces CFO Transition
20 Oct 21
8-K
Entry into a Material Definitive Agreement
29 Sep 21
8-K
Results of Operations and Financial Condition
4 Aug 21
8-K
Departure of Directors or Certain Officers
12 Jul 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
21 Jun 21
FWP
Free writing prospectus
16 Feb 21
S-3ASR
Automatic shelf registration
16 Feb 21
FWP
Free writing prospectus
29 Dec 20
424B5
Prospectus supplement for primary offering
29 Dec 20
424B5
Prospectus supplement for primary offering
9 Nov 20
S-8
Registration of securities for employees
9 Oct 20
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
19 Jul 19
Proxies
DEFA14A
Additional proxy soliciting materials
19 Apr 22
DEFA14A
Additional proxy soliciting materials
7 Apr 21
DEFA14A
Additional proxy soliciting materials
17 Sep 20
DEFA14A
Additional proxy soliciting materials
25 Aug 20
DEF 14A
Definitive proxy
25 Aug 20
DEFA14A
Additional proxy soliciting materials
6 Aug 20
PRE 14A
Preliminary proxy
5 Aug 20
DEFA14A
Additional proxy soliciting materials
7 May 20
Other
SD
Conflict minerals disclosure
27 May 21
SD
Conflict minerals disclosure
27 May 20
UPLOAD
Letter from SEC
15 Aug 19
CORRESP
Correspondence with SEC
31 Jul 19
UPLOAD
Letter from SEC
17 Jul 19
CORRESP
Correspondence with SEC
27 Jun 19
CORRESP
Correspondence with SEC
10 Jun 19
UPLOAD
Letter from SEC
2 Jun 19
SD
Conflict minerals disclosure
29 May 19
EFFECT
Notice of effectiveness
14 Nov 18
Ownership
4
MICROVISION / Sumit Sharma ownership change
12 Apr 22
4
MICROVISION / Jeffrey A Herbst ownership change
4 Apr 22
3
MICROVISION / Jeffrey A Herbst ownership change
4 Apr 22
4
MICROVISION / Anubhav Verma ownership change
17 Mar 22
4
MICROVISION / Drew G Markham ownership change
11 Feb 22
SC 13G
MICROVISION / VANGUARD ownership change
10 Feb 22
SC 13G
MICROVISION / BlackRock ownership change
4 Feb 22
4
MICROVISION / seval F oz ownership change
17 Dec 21
4
MICROVISION / SIMON BIDDISCOMBE ownership change
9 Dec 21
4
MICROVISION / Anubhav Verma ownership change
18 Nov 21
Patents
Utility
Alteration of resonant mode frequency response in mechanically resonant device
29 Mar 22
A mechanically resonant system exhibits a resonant mode frequency response.
Utility
Scanned beam display with multiple detector rangefinding
2 Nov 21
A scanning display system includes two detectors for rangefinding.
Utility
Scanning rangefinding system with variable field of view
5 Oct 21
A scanning rangefinding system includes a MEMS device with a scanning mirror that sweeps a beam in two dimensions.
Utility
Optical Power Reduction by Masking Pixels of Image Content
9 Sep 21
A scanning laser projection system includes a virtual protective housing circuit to automatically reduce accessible emissions of visible laser light by decimating areas of a projected image to reduce optical power exposure levels for safety, comfort, aesthetic, or system classification purposes.
Utility
Eye-Safe Scanning Lidar with Virtual Protective Housing
2 Sep 21
An eye-safe light detection and ranging system includes a virtual protective housing.
Transcripts
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
25 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
5 Aug 21
2021 Q1
Earnings call transcript
3 May 21
2020 Q4
Earnings call transcript
12 Mar 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
7 May 20
2019 Q4
Earnings call transcript
11 Mar 20
Reddit threads
Good to finally see some green. Good movement across mining and precious metals. Where are you seeing green fellas?
19 May 22
Small Cap Tech Stock Beaten and Battered - Bull Case, Multiple Opportunities at Hand
13 May 22
What the f**k happened to this sub?
13 May 22
MVIS is back?
13 May 22
Daily Plays May 07, 2022
7 May 22
Is this what a true bear market feels like?
5 May 22
I scraped r/SPACs for the top ticker mentions in the last 24H. Here are the results (Thursday May 05, 2022)
4 May 22
Daily Discussion Thread - May 04, 2022
4 May 22
Announcements x Daily Discussion for Wednesday, May 04, 2022
4 May 22
What seems like good buys for somewhat longer term?
3 May 22