Last $1.94 USD
Change Today +0.05 / 2.65%
Volume 3.1M
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As of 4:30 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

microvision inc (MVIS) Snapshot

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02/21/14 - $3.38
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12/16/13 - $1.03
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microvision inc (MVIS) Details

MicroVision, Inc. is engaged in the development of its proprietary PicoP display technology that can be used by its customers to create miniature laser display and imaging engines in the United States. Its PicoP display technology includes a single-mirror micro-electrical mechanical systems scanner, laser light sources, electronics, and optics to create a video or still image from a small form factor device. The company sells PicoP display engine components; and SHOWWX line of accessory projectors through distributors and original equipment manufacturers, as well as directly to end users through its online store. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

64 Employees
Last Reported Date: 03/6/14
Founded in 1993

microvision inc (MVIS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $359.4K
Vice President of Research & Development
Total Annual Compensation: $203.3K
Compensation as of Fiscal Year 2013.

microvision inc (MVIS) Key Developments

Microvision Inc. Receives $1.9 Million in Component Orders for Fortune Global 100 Customer

MicroVision Inc. announced it has received purchase orders for components for high definition display modules being developed by its Fortune Global 100 customer. These orders, which are valued at nearly $1.9 million, are part of the production readiness and commercialization activities the company is engaged in with its customer. The customer has informed the company of its plans to incorporate the components in high definition display modules it has developed with support from MicroVision. The development activity under the April 2013 agreement is now complete. The Fortune Global 100 company, in an announcement earlier this year, stated that it aims to bring the display module to market for use in pico projectors and other devices with projector functionality. The company expects shipment of components to begin in the fourth quarter extending into the first quarter of 2015. The components are intended as part of commercialization preparation activities to exercise the supply chain for the company and its customer and to support early production needs. The company has previously stated its intention to have its supply chain capable of volume production in the fourth quarter of 2014. The company's PicoP display technology provides a powerful display solution for projecting high definition, focus-free content from a tiny, low-power display engine. The company's technology enables OEMs to deliver a high-quality consumer viewing experience to their customers by offering enhanced ways to view and share information beyond the limits of small, built-in screens. PicoP display technology can enable pico projector and head-up display products for personal entertainment, social engagement, business collaboration, driver safety or in whatever way OEMs' imaginations take them. PicoP display technology could be the exciting new element that consumers are searching for to elevate their mobile experience.

Microvision Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Microvision Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue $611,000 against $1,870,000 a year ago. Loss from operations was $3,406,000 against $3,432,000 a year ago. Net loss was $3,401,000 against $3,436,000 a year ago. Net loss per basic and diluted share was $0.08 against $0.13 a year ago. Cash used in operations was $3.7 million compared to $2.8 million for the same period in 2013. Cash used in operating activities was $3.7 million against $2.8 million a year ago. For the six months, the company reported total revenue $1,830,000 against $3,671,000 a year ago. Loss from operations was $6,461,000 against $7,080,000 a year ago. Net loss was $11,419,000 against $7,090,000 a year ago. Net loss per basic and diluted share was $0.29 against $0.27 a year ago. Cash used in operations was $6.7 million compared to $6.3 million for the same period in 2013.

Microvision Inc. to Report Q2, 2014 Results on Aug 06, 2014

Microvision Inc. announced that they will report Q2, 2014 results at 5:30 AM, Pacific Standard Time on Aug 06, 2014


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