MicroVision's SEC filings document material events for a lidar-based perception company serving automotive, industrial, and security and defense markets. Current reports describe operating results, business updates, investor presentations, and product and market disclosures tied to the company's lidar sensor portfolio and perception software.
Recent filings also record the completed acquisition of certain Luminar lidar sensor business assets, including required historical financial statements and unaudited pro forma financial information. Other disclosures cover senior secured convertible notes due 2028, exchanges and purchases of convertible debt, direct common stock sales to directors and executive officers, Nasdaq-related share issuance considerations, governance matters, and Regulation FD communications.
MicroVision, Inc. reported higher first-quarter revenue but continued sizable losses as it integrates multiple lidar acquisitions and relies on convertible debt and equity financing. Revenue for the three months ended March 31, 2026 rose to $0.9 million from $0.6 million, driven by shipments of long‑range IRIS and short‑range MOVIA L sensors to automotive, industrial, and security & defense customers. Net loss narrowed slightly to $25.3 million from $28.8 million, reflecting higher operating costs offset by lower interest expense and gains on derivative and warrant liabilities. The company closed a $33.2 million asset acquisition from Luminar and a smaller Scantinel technology acquisition, boosting intangible assets and goodwill while increasing R&D and SG&A expenses. Liquidity at March 31, 2026 included $46.1 million of cash and cash equivalents and $42.0 million of remaining capacity under a $150.0 million ATM equity program, against $40.1 million of senior secured convertible note principal outstanding. Management expects existing cash plus financing capacity to fund operations for at least 12 months but acknowledges the need for additional capital beyond that period.
MicroVision, Inc. reported first quarter 2026 revenue of $935,000, up from $589,000 a year earlier, yielding gross profit of $363,000. Operating expenses rose sharply, leading to a loss from operations of $23.5 million.
Net loss was $25.3 million, or $0.08 per share, compared with a net loss of $28.8 million, or $0.12 per share, in the prior-year quarter. Adjusted EBITDA, a non-GAAP measure, was a loss of $17.2 million versus a loss of $10.7 million last year.
Cash and cash equivalents were $46.1 million as of March 31, 2026, up from $32.4 million at December 31, 2025, helped by $42.5 million of investment security sales and $20.7 million in net note proceeds. Net cash used in operating activities was $16.4 million. Management highlighted integration of Q1 2026 asset acquisitions from Luminar and Scantinel and a broadened lidar product portfolio.
MicroVision interim CFO Stephen Hrynewich reported routine equity compensation activity involving restricted stock units (RSUs). On May 5, 2026, 4,800 RSUs vested and converted into the same number of shares of common stock on a unit-for-share basis, without cash payment. On May 6, 2026, 1,623 of these shares were disposed of through a tax-related, nondiscretionary sell-to-cover transaction completed by the company at a weighted average price of $0.6447 per share, with trades ranging from $0.6429 to $0.6451. After these transactions, Hrynewich directly holds 178,514 shares of MicroVision common stock.
MicroVision, Inc. registers for resale up to 61,315,970 shares of common stock issuable upon conversion of senior secured convertible notes due 2028. The shares are being registered for the selling stockholders; the company will not receive any proceeds from resales. The registration reflects Convertible Notes with an initial conversion price of $0.8819 per share and an aggregate principal amount of approximately $43 million. The prospectus discloses 326,982,727 shares outstanding as of April 20, 2026 and states a post-offering hypothetical outstanding share count of 388,298,697 if all Shares are issued. The Convertible Notes include a 4.99% beneficial ownership limitation (increaseable to 9.99% with notice), optional monthly partial redemptions, a Forced Conversion trigger tied to a sustained VWAP > $2.00, and secured, senior ranking collateral. This prospectus covers resale mechanics, permitted sale methods, and customary plan-of-distribution language.
MicroVision, Inc. files a pre-effective Amendment No. 1 to register for resale up to 61,315,970 shares of common stock underlying senior secured convertible notes due 2028 (the "Convertible Notes") held by High Trail Special Situations LLC and High Trail Special Situations II LLC. The registrant will receive no proceeds from resales. The shares are issuable upon conversion of Convertible Notes issued in a private placement on February 23, 2026, which aggregate principal was approximately $43 million. The Convertible Notes include an initial conversion price of $0.8819 per share, a 4.99% beneficiary ownership limit (increaseable to 9.99% with notice), monthly partial redemptions at holder election, and a Forced Conversion feature tied to a $2.00 VWAP trigger. Shares outstanding were 326,982,727 as of April 20, 2026; assuming conversion of all registered Shares, the prospectus states 388,298,697 shares outstanding. The prospectus discloses risks related to volatility, dilution, secured debt, liquidity covenants and collateralized bank and securities accounts.
MicroVision, Inc. filed Amendment No. 1 to its Form 10-K for the year ended December 31, 2025 to add updated Part III information, because its 2026 proxy will not be filed in time for incorporation by reference. The amendment does not change previously reported financial statements.
The filing refreshes details on the board and leadership, including CEO and director Glen DeVos, Executive Vice Chair Simon Biddiscombe, and other independent directors, along with committee roles and independence determinations. It outlines executive and director pay, showing a strong emphasis on equity-based compensation, bonus targets tied to revenue, cash operating expenses, and strategic objectives, plus “pay versus performance” data driven largely by stock price.
The amendment also discloses major shareholders such as BlackRock and State Street, insider and director stock ownership, a related-party employment arrangement involving the CEO’s brother-in-law, and fees paid to independent auditor Baker Tilly for audit, audit-related, and tax services.
MicroVision, Inc. registers up to 61,315,970 shares of common stock underlying senior secured convertible notes due 2028 (the "Convertible Notes"). These Shares are issuable upon conversion of the Convertible Notes and are being registered for resale by the selling stockholders.
The company will receive no proceeds from sales by the selling stockholders. The prospectus discloses 326,982,727 shares outstanding as of April 20, 2026 and states a pro forma figure of 388,298,697 common shares outstanding assuming all Shares offered herein are issued pursuant to conversion of the Convertible Notes.
MicroVision, Inc. filed an amended report to provide full financial details for its acquisition of Luminar Technologies’ LiDAR sensor business. MicroVision completed the asset purchase on February 3, 2026 under a January 26, 2026 agreement and paid total cash consideration of $33.2 million, including cure costs.
The filing adds audited carved‑out financials for the Luminar LiDAR Business and unaudited pro forma results. The acquired business generated $40.976 million of revenue in 2025 but reported a net loss of $280.7 million, following a $396.0 million loss in 2024. Its 2025 results include a $42.8 million loss on firm purchase commitments and $21.7 million of restructuring and other costs.
The auditor’s report highlights substantial doubt about the Luminar LiDAR Business’s ability to continue as a going concern due to the Parent’s recurring losses and Chapter 11 bankruptcy. As of December 31, 2025, $78.4 million of pre‑petition obligations were classified as liabilities subject to compromise, and reorganization items of $3.5 million were recorded in 2025.
MicroVision Interim CFO Stephen Hrynewich reported routine equity compensation activity. On April 6, 2026, vested restricted stock units (RSUs) converted into 4,800 shares of common stock on a unit-for-share basis, without cash payment.
On April 8, 2026, the company completed a tax-related, nondiscretionary sell-to-cover transaction, withholding 1,555 shares of common stock at a weighted average price of $0.6289 per share to satisfy tax obligations under the award agreement. Following these transactions, Hrynewich directly owns 175,337 shares of MicroVision common stock.