For the quarter ending 2026-03-31, MVIS made $935K in revenue. -$25,294K in net income. Net profit margin of -2705.24%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 935 | 223 | 241 | 155 |
| Cost of revenue | 572 | 16,325 | 957 | 716 |
| Gross profit | 363 | -16,102 | -716 | -561 |
| Research and development expense | 14,445 | 8,681 | 7,978 | 7,658 |
| Sales, marketing, general and administrative expense | 9,511 | 3,185 | 4,027 | 6,437 |
| Impairment loss on intangible assets | - | 12,597* | - | 0 |
| Impairment loss on operating lease right-of-use assets | 9 | 300* | - | - |
| Impairment loss on property and equipment, net | - | 546* | - | - |
| Gain on disposal of fixed assets | 108 | - | - | - |
| Total operating expenses | 23,857 | 25,309 | 12,005 | 14,095 |
| Loss from operations | -23,494 | -41,411 | -12,721 | -14,656 |
| Interest expense | 2,753 | 1,261 | 2,197 | 2,170 |
| Unrealized gain on derivative liability | 3,380 | 1,856 | 1,059 | 1,952 |
| Other (expense) income | - | - | - | -65 |
| Unrealized gain on warrant liability | 604 | 2,184 | -326 | 803 |
| Realized gain on debt extinguishment | -3,083 | 279* | - | 0 |
| Bargain purchase gain | 147 | - | - | - |
| Other income | 87 | 175* | 140 | - |
| Net loss before taxes | -25,112 | -38,178 | -14,045 | -14,136 |
| Income tax expense | 182 | -422 | 172 | 93 |
| Net loss | -25,294 | -37,756 | -14,217 | -14,229 |
| Basic EPS | -0.08 | -0.123 | -0.05 | -0.06 |
| Diluted EPS | -0.08 | -0.123 | -0.05 | -0.06 |
| Basic Average Shares | 308,650,000 | 306,492,000 | 295,461,000 | 254,658,000 |
| Diluted Average Shares | 308,650,000 | 306,492,000 | 295,461,000 | 254,658,000 |
MICROVISION, INC. (MVIS)
MICROVISION, INC. (MVIS)