Short answer
MICROVISION, INC. (MVIS) filed its Q3 2025 10-Q quarterly report on Nov 12, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $241,000 (up 26.8% year over year) with net income of −$14M.
Q3 2025 key financials · XBRL
- Revenue
- $241,000
- +26.8% YoY · +55.5% QoQ
- Net income
- −$14M
- +8.4% YoY · +0.1% QoQ
- Operating margin
- -5278.4%
- EPS (diluted)
- −$0.04
- +42.9% YoY · +33.3% QoQ
Source: XBRL data from the MICROVISION, INC. (MVIS) Q3 2025 10-Q on SEC EDGAR. USD.
MICROVISION, INC. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue $241,000, up 26.8% YoY from $190,000
- Cost of revenue 397.1% of revenue vs 306.8% YoY; operating expense $12.0M vs $15.3M
- Best product performance: MOVIA L sensor shipments drove prior-year revenue; no segment revenue breakdown disclosed
- Cash $72.8M plus short-term investments $26.7M; operating cash use $43.3M vs $53.5M YoY
- Financing provided $67.8M, including $73.3M net stock-and-warrant proceeds; sufficient funding anticipated for at least 12 months
Risk Factors
- No newly added risk factor identified; filing presents existing risks without stating material changes from the 10-K
- Liquidity risk: cash sufficient for at least 12 months, but additional capital required thereafter
- Customer concentration: agriculture-equipment manufacturer contributed $0.5 million, or 51% of nine-month revenue
- Nasdaq compliance risk: $1.00 minimum bid price over 30 consecutive trading days could trigger delisting
- Convertible-note risk: $45.0 million senior secured note carries covenants and security interests in all bank and securities accounts
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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