MicroVision, Inc. (MVIS) Q3 2025 Earnings Call Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
0mins
Source: SeekingAlpha
Revenue $0.2 million for the third quarter of 2025, driven by sales in industrial and automotive verticals.
R&D and SG&A expenses $12 million in the third quarter of 2025, including $1.2 million of severance payments related to CEO transition, $1.6 million of noncash income from stock-based compensation expense reversal, and $1.4 million in noncash charges related to D&A. Excluding these items, core R&D and SG&A expenses were approximately $11 million, flat compared to the second quarter.
Cash burn $16.5 million for the third quarter of 2025, including a onetime $3.2 million payment related to inventory buildup of MOVIA L.
CapEx $0.1 million for the third quarter of 2025, in line with expectations.
Cash and cash equivalents $99.5 million at the end of the third quarter of 2025.
Additional funding availability $46.2 million under the current ATM facility and $30 million of undrawn capital under the convertible note facility as of Q3 2025.
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Analyst Views on MVIS
About MVIS
MicroVision, Inc. is a developer and supplier of lidar hardware and software solutions focused on the automotive lidar and advanced driver-assistance systems (ADAS) markets. It is engaged in micro-electromechanical systems (MEMS)-based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms, and machine learning software into its technology to address existing and emerging markets. Its patented laser beam scanning technology combines a MEMS scanning mirror, laser diode light sources, electronics, and optics that are controlled using its system control algorithms. It has developed micro-display concepts and designs for use in head-mounted augmented reality (AR) headsets and developed a 1440i MEMS module supporting AR headsets. Its products include MAVIN N is a MEMS-based long-range sensor capable of small object detection; MOVIA L & MOVIA S is a flash-based short-to mid-range sensor, and MOSAIK Suite is validating vehicle sensors for ADAS.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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