MicroVision Q4 revenue falls to $0.2M; net loss $37.8M includes $29.4M impairment

MICROVISION, INC.

Q4 2025 revenue $0.2M vs $1.7M a year ago; full-year revenue not separately highlighted.
Net loss $37.8M ($0.12/sh) includes $29.4M asset impairment & inventory write-downs; prior-year loss $31.2M ($0.14/sh).
Adjusted EBITDA loss $12.0M in Q4 2025 vs $10.6M loss in Q4 2024; cash used in ops $15.4M.
Ended Q4 with $74.8M cash; in Feb 2026 issued $43M convertible notes to High Trail Capital, deferring repayment.
Plans ~20% workforce reduction in 1H2026; completed acquisitions of Luminar lidar assets and Scantinel; initial MOVIA L shipments.

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