MICROVISION, INC.
For the period ended May 13, 2026. Filed May 13, 2026.
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May 13, 2026 · Filed May 13, 2026
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MVIS$1.16+1.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $935 | $589 |
| Cost of revenue | 572 | 550 |
| Gross profit | 363 | 39 |
| Research and development expense | 14,445 | 7,403 |
| Sales, marketing, general and administrative expense | 9,511 | 6,676 |
| Impairment loss on operating lease right-of-use assets | 9 | - |
| Gain on disposal of fixed assets | (108) | - |
| Total operating expenses | 23,857 | 14,079 |
| Loss from operations | (23,494) | (14,040) |
| Interest expense | (2,753) | (12,903) |
| Unrealized gain on derivative liability | 3,380 | 842 |
| Unrealized gain on warrant liability | 604 | 1,761 |
| Realized loss on debt extinguishment | (3,083) | (4,654) |
| Bargain purchase gain | 147 | - |
| Other income | 87 | 288 |
| Net loss before taxes | $(25,112) | $(28,706) |
| Income tax expense | (182) | (73) |
| Net loss | $(25,294) | $(28,779) |
| Net loss per share - basic and diluted | $(0.08) | $(0.12) |
| Weighted-average shares outstanding - basic and diluted | 308,650 | 235,933 |
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