Microvision reported Q4 2023 revenue of $5.1M, a significant increase from zero in Q4 2022, but its net loss widened to $19.7M.

Microvision reported Q4 2023 revenue of $5.1M, a significant increase from zero in Q4 2022, but its net loss widened to $19.7M. The company's MEMS-based solid-state automotive lidar and ADAS solutions saw a global team actively engaged in nine RFQs, including some of the largest global OEMs. Despite the net loss, the company ended Q4 2023 with $73.8M in cash and cash equivalents, down from $82.7M in 2022.

February 28, 2024
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