secwatch.observer — SEC 8-K summary
======================================

Issuer:     MICROVISION, INC. (MVIS)
CIK:        0000065770
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001193125-22-270967
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MicroVision Q3 2022: revenue $0, net loss $12.9M, cash $83.3M; starts sample sales
--------------------------------------------------------------------------------

- Revenue $0 vs $0.7M prior year; net loss $12.9M ($0.08/sh) including $4.1M stock-based comp.
- Adjusted EBITDA negative $8.5M vs negative $6.2M in Q3 2021.
- Cash used in operations $9.0M; cash & securities $83.3M, down from $115.4M at Dec 2021.
- ATM facility allows up to $70M in equity sales; company expects sample sales to increase in 2023.
- MAVIN lidar supported on NVIDIA drive platform; sample sales to OEMs/Tier1s began in Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65770/000119312522270967/0001193125-22-270967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65770/000119312522270967/d413352d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-270967

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer