MICROVISION, INC.
For the period ended Aug 6, 2026. Filed Aug 6, 2026.
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Aug 6, 2026 · Filed Aug 6, 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 June 30, | Six months ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $1,473 | $155 | $2,408 | $744 |
| Cost of revenue | 831 | 716 | 1,403 | 1,266 |
| Gross profit (loss) | 642 | (561) | 1,005 | (522) |
| Research and development expense | 15,702 | 7,658 | 30,147 | 15,061 |
| Sales, marketing, general and administrative expense | 9,211 | 6,437 | 18,722 | 13,113 |
| Impairment loss on operating lease right-of-use assets | - | - | 9 | - |
| Gain on disposal of fixed assets | (60) | - | (168) | - |
| Total operating expenses | 24,853 | 14,095 | 48,710 | 28,174 |
| Loss from operations | (24,211) | (14,656) | (47,705) | (28,696) |
| Interest expense | (5,480) | (2,170) | (8,233) | (15,073) |
| Unrealized gain (loss) on derivative liability | (8,035) | 1,952 | (4,655) | 2,794 |
| Unrealized gain on warrant liability | 891 | 803 | 1,495 | 2,564 |
| Realized loss on debt extinguishment | - | - | (3,083) | (4,654) |
| Bargain purchase gain | - | - | 147 | - |
| Other income (expense) | 73 | (65) | 160 | 223 |
| Net loss before taxes | $(36,762) | $(14,136) | $(61,874) | $(42,842) |
| Income tax expense | (181) | (93) | (363) | (166) |
| Net loss | $(36,943) | $(14,229) | $(62,237) | $(43,008) |
| Net loss per share - basic and diluted | $(1.66) | $(0.84) | $(2.90) | $(2.63) |
| Weighted-average shares outstanding - basic and diluted | 22,296 | 16,977 | 21,441 | 16,356 |
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