MVIS: Microvision Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Microvision Inc (MVIS).
$286.91M Market Cap.
MVIS Market Cap. (MRY)
MVIS Shares Outstanding (MRY)
MVIS Assets (MRY)
Total Assets
$121.16M
Total Liabilities
$72.39M
Total Investments
$21.72M
MVIS Income (MRY)
Revenue
$4.70M
Net Income
-$96.92M
Operating Expense
$82.69M
MVIS Cash Flow (MRY)
CF Operations
-$68.54M
CF Investing
$2.67M
CF Financing
$72.89M
MVIS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $121,161,000 (-6.54%) | $129,635,000 (12.73%) | $114,996,000 (-11.69%) | $130,225,000 (519.94%) |
Assets Current | $82,470,000 (-4.94%) | $86,754,000 (-4.67%) | $91,008,000 (-23.80%) | $119,430,000 (580.13%) |
Assets Non-Current | $38,691,000 (-9.77%) | $42,881,000 (78.76%) | $23,988,000 (122.21%) | $10,795,000 (213.26%) |
Goodwill & Intangible Assets | $10,972,000 (-36.34%) | $17,235,000 (22880.00%) | $75,000 (-34.78%) | $115,000 (-29.88%) |
Shareholders Equity | $48,769,000 (-49.10%) | $95,804,000 (6.76%) | $89,741,000 (-20.41%) | $112,754,000 (1151.57%) |
Property Plant & Equipment Net | $23,807,000 (4.46%) | $22,790,000 (6.45%) | $21,409,000 (148.86%) | $8,603,000 (204.10%) |
Cash & Equivalents | $54,747,000 (13.04%) | $48,430,000 (120.60%) | $21,954,000 (-73.78%) | $83,739,000 (384.12%) |
Accumulated Other Comprehensive Income | $0 (0%) | $210,000 (265.35%) | -$127,000 (-568.42%) | -$19,000 (0%) |
Deferred Revenue | $308,000 (2.67%) | $300,000 (-93.48%) | $4,601,000 (-12.61%) | $5,265,000 (-32.20%) |
Total Investments | $21,716,000 (-26.57%) | $29,572,000 (-55.40%) | $66,305,000 (102.64%) | $32,720,000 (0%) |
Investments Current | $20,216,000 (-29.34%) | $28,611,000 (-56.85%) | $66,305,000 (102.64%) | $32,720,000 (0%) |
Investments Non-Current | $1,500,000 (56.09%) | $961,000 (0%) | $0 (0%) | $0 (0%) |
Inventory | $2,294,000 (-40.78%) | $3,874,000 (108.17%) | $1,861,000 (4.55%) | $1,780,000 (0%) |
Trade & Non-Trade Receivables | $926,000 (-2.42%) | $949,000 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $1,132,000 (-50.15%) | $2,271,000 (10.19%) | $2,061,000 (-42.49%) | $3,584,000 (468.89%) |
Accumulated Retained Earnings (Deficit) | -$862,281,000 (-12.66%) | -$765,366,000 (-12.14%) | -$682,524,000 (-8.43%) | -$629,433,000 (-7.37%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $51,638,000 (243.41%) | $15,037,000 (-4.20%) | $15,696,000 (150.30%) | $6,271,000 (101.83%) |
Debt Current | $26,930,000 (1059.28%) | $2,323,000 (24.42%) | $1,867,000 (47.94%) | $1,262,000 (10.90%) |
Debt Non-Current | $24,708,000 (94.34%) | $12,714,000 (-8.06%) | $13,829,000 (176.08%) | $5,009,000 (154.39%) |
Total Liabilities | $72,392,000 (113.98%) | $33,831,000 (33.96%) | $25,255,000 (44.55%) | $17,471,000 (45.63%) |
Liabilities Current | $45,951,000 (124.12%) | $20,503,000 (79.44%) | $11,426,000 (-8.31%) | $12,462,000 (24.27%) |
Liabilities Non-Current | $26,441,000 (98.39%) | $13,328,000 (-3.62%) | $13,829,000 (176.08%) | $5,009,000 (154.39%) |
MVIS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,696,000 (-35.31%) | $7,259,000 (993.22%) | $664,000 (-73.44%) | $2,500,000 (-19.09%) |
Cost of Revenue | $7,530,000 (171.65%) | $2,772,000 (2672.00%) | $100,000 (4900.00%) | $2,000 (-99.86%) |
Selling General & Administrative Expense | $29,346,000 (-20.01%) | $36,689,000 (52.61%) | $24,041,000 (8.02%) | $22,256,000 (276.14%) |
Research & Development Expense | $49,015,000 (-13.56%) | $56,707,000 (86.46%) | $30,413,000 (26.14%) | $24,111,000 (145.03%) |
Operating Expenses | $82,685,000 (-11.44%) | $93,362,000 (71.45%) | $54,454,000 (17.44%) | $46,367,000 (202.91%) |
Interest Expense | $4,457,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $507,000 (-55.76%) | $1,146,000 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$96,915,000 (-16.99%) | -$82,842,000 (-56.04%) | -$53,091,000 (-22.90%) | -$43,200,000 (-216.85%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$96,915,000 (-16.99%) | -$82,842,000 (-56.04%) | -$53,091,000 (-22.90%) | -$43,200,000 (-216.85%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$96,915,000 (-16.99%) | -$82,842,000 (-56.04%) | -$53,091,000 (-22.90%) | -$43,200,000 (-216.85%) |
Weighted Average Shares | $209,510,000 (14.61%) | $182,802,000 (10.15%) | $165,958,000 (3.30%) | $160,662,000 (14.90%) |
Weighted Average Shares Diluted | $209,510,000 (14.61%) | $182,802,000 (10.15%) | $165,958,000 (3.30%) | $160,662,000 (14.90%) |
Earning Before Interest & Taxes (EBIT) | -$91,951,000 (-12.55%) | -$81,696,000 (-53.88%) | -$53,091,000 (-22.90%) | -$43,200,000 (-216.85%) |
Gross Profit | -$2,834,000 (-163.16%) | $4,487,000 (695.57%) | $564,000 (-77.42%) | $2,498,000 (47.64%) |
Operating Income | -$85,519,000 (3.78%) | -$88,875,000 (-64.92%) | -$53,890,000 (-22.84%) | -$43,869,000 (-222.21%) |
MVIS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $2,672,000 (-87.76%) | $21,822,000 (157.32%) | -$38,073,000 (-7.80%) | -$35,318,000 (-28813.82%) |
Net Cash Flow from Financing | $72,890,000 (0.62%) | $72,438,000 (406.31%) | $14,307,000 (-89.09%) | $131,164,000 (386.21%) |
Net Cash Flow from Operations | -$68,540,000 (-2.16%) | -$67,090,000 (-76.46%) | -$38,019,000 (-29.30%) | -$29,404,000 (-82.92%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $6,856,000 (-75.01%) | $27,437,000 (144.41%) | -$61,785,000 (-192.99%) | $66,442,000 (502.65%) |
Net Cash Flow - Business Acquisitions and Disposals | -$6,300,000 (43.92%) | -$11,233,000 (-171.85%) | -$4,132,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $9,346,000 (-73.29%) | $34,990,000 (218.28%) | -$29,582,000 (9.88%) | -$32,825,000 (0%) |
Capital Expenditure | -$374,000 (80.67%) | -$1,935,000 (55.61%) | -$4,359,000 (-74.85%) | -$2,493,000 (-2126.83%) |
Issuance (Repayment) of Debt Securities | $38,080,000 (181433.33%) | -$21,000 (94.98%) | -$418,000 (18.99%) | -$516,000 (-133.46%) |
Issuance (Purchase) of Equity Shares | $34,810,000 (-51.96%) | $72,459,000 (392.08%) | $14,725,000 (-88.82%) | $131,680,000 (417.71%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$166,000 (-162.17%) | $267,000 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $11,535,000 (-28.54%) | $16,141,000 (4.40%) | $15,461,000 (1.16%) | $15,284,000 (1078.41%) |
Depreciation Amortization & Accretion | $6,920,000 (-12.00%) | $7,864,000 (250.13%) | $2,246,000 (53.42%) | $1,464,000 (52.02%) |
MVIS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -60.30% (-197.57%) | 61.80% (-27.21%) | 84.90% (-15.02%) | 99.90% (82.30%) |
Profit Margin | -2063.80% (-80.84%) | -1141.20% (85.73%) | -7995.60% (-362.71%) | -1728.00% (-291.66%) |
EBITDA Margin | -1810.70% (-78.03%) | -1017.10% (86.72%) | -7657.40% (-358.69%) | -1669.40% (-307.07%) |
Return on Average Equity (ROAE) | -135.00% (-60.14%) | -84.30% (-48.15%) | -56.90% (-42.25%) | -40.00% (-103.65%) |
Return on Average Assets (ROAA) | -88.70% (-43.99%) | -61.60% (-30.23%) | -47.30% (-32.49%) | -35.70% (68.32%) |
Return on Sales (ROS) | -1958.10% (-73.99%) | -1125.40% (85.92%) | -7995.60% (-362.71%) | -1728.00% (-291.66%) |
Return on Invested Capital (ROIC) | -148.30% (-9.77%) | -135.10% (-98.09%) | -68.20% (87.21%) | -533.40% (-308.20%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -2.85 (51.82%) | -5.91 (19.51%) | -7.34 (60.42%) | -18.56 (65.51%) |
Price to Sales Ratio (P/S) | 58.45 (-12.75%) | 66.99 (-88.60%) | 587.35 (82.43%) | 321.97 (32.25%) |
Price to Book Ratio (P/B) | 5.88 (11.53%) | 5.28 (21.32%) | 4.35 (-40.37%) | 7.29 (-91.66%) |
Debt to Equity Ratio (D/E) | 1.48 (320.40%) | 0.35 (25.62%) | 0.28 (81.29%) | 0.15 (-88.36%) |
Earnings Per Share (EPS) | -0.46 (-2.22%) | -0.45 (-40.63%) | -0.32 (-18.52%) | -0.27 (-170.00%) |
Sales Per Share (SPS) | 0.02 (-45.00%) | 0.04 (900.00%) | 0 (-75.00%) | 0.02 (-27.27%) |
Free Cash Flow Per Share (FCFPS) | -0.33 (12.96%) | -0.38 (-48.24%) | -0.26 (-28.14%) | -0.2 (-74.56%) |
Book Value Per Share (BVPS) | 0.23 (-55.53%) | 0.52 (-3.14%) | 0.54 (-22.93%) | 0.7 (996.87%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.53 (-14.47%) | 0.61 (-11.13%) | 0.69 (-14.57%) | 0.81 (443.62%) |
Enterprise Value Over EBIT (EV/EBIT) | -3 (50.00%) | -6 (14.29%) | -7 (56.25%) | -16 (72.41%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -3.34 (47.23%) | -6.33 (15.64%) | -7.5 (55.17%) | -16.73 (73.01%) |
Asset Turnover | 0.04 (-20.37%) | 0.05 (800.00%) | 0.01 (-71.43%) | 0.02 (-91.76%) |
Current Ratio | 1.79 (-57.58%) | 4.23 (-46.88%) | 7.96 (-16.89%) | 9.58 (447.34%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$68,914,000 (0.16%) | -$69,025,000 (-62.88%) | -$42,378,000 (-32.86%) | -$31,897,000 (-99.96%) |
Enterprise Value (EV) | $283,931,816 (-39.23%) | $467,233,076 (22.51%) | $381,386,934 (-45.39%) | $698,323,088 (-11.09%) |
Earnings Before Tax (EBT) | -$96,408,000 (-18.01%) | -$81,696,000 (-53.88%) | -$53,091,000 (-22.90%) | -$43,200,000 (-216.85%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$85,031,000 (-15.17%) | -$73,832,000 (-45.21%) | -$50,845,000 (-21.83%) | -$41,736,000 (-229.38%) |
Invested Capital | $61,129,000 (4.49%) | $58,504,000 (-39.83%) | $97,237,000 (142.00%) | $40,180,000 (1290.17%) |
Working Capital | $36,519,000 (-44.88%) | $66,251,000 (-16.75%) | $79,582,000 (-25.60%) | $106,968,000 (1320.18%) |
Tangible Asset Value | $110,189,000 (-1.97%) | $112,400,000 (-2.19%) | $114,921,000 (-11.67%) | $130,110,000 (524.27%) |
Market Capitalization | $286,913,816 (-43.23%) | $505,362,076 (29.52%) | $390,182,934 (-52.54%) | $822,160,088 (4.38%) |
Average Equity | $71,784,000 (-26.96%) | $98,276,250 (5.41%) | $93,233,500 (-13.66%) | $107,989,750 (8773.88%) |
Average Assets | $109,255,250 (-18.69%) | $134,375,000 (19.62%) | $112,337,000 (-7.22%) | $121,079,500 (901.13%) |
Invested Capital Average | $62,018,000 (2.55%) | $60,477,250 (-22.31%) | $77,842,000 (861.22%) | $8,098,250 (252.20%) |
Shares | 219,018,180 (15.28%) | 189,985,743 (14.42%) | 166,035,291 (1.18%) | 164,103,810 (12.09%) |
