Microvision, Inc. balance sheet

At the end of fiscal 2025, Microvision, Inc. had total assets of $103m, total liabilities of $47.6m and shareholders' equity of $55.5m. It held $32.4m in cash against $38.4m of debt: net debt of $6.1m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Microvision, Inc.: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	43	19	13	7	5	8	8	15	17	14	6	17	83	21	45	54	32	29
Receivables	—	1	0	1	0	1	2	0	0	0	1	0	—	0	1	1	0	1
Inventory	—	6	4	0	0	0	1	1	5	1	0	0	2	2	4	2	1	4
Total current assets	—	28	19	10	6	10	11	17	23	18	8	18	119	91	87	82	81	38
Goodwill	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4
Total assets	—	35	24	13	8	12	14	20	30	23	12	21	130	115	130	121	103	91
Accounts payable	—	8	7	3	2	2	2	2	3	2	2	1	4	2	2	1	2	6
Deferred revenue (current)	—	—	—	—	—	—	—	—	0	2	10	8	5	5	0	0	—	0
Total current liabilities	—	12	13	8	10	5	8	7	19	18	14	10	12	11	21	46	30	47
Short-term debt	—	—	—	—	—	—	—	—	—	—	0	—	—	—	—	—	—	—
Long-term debt	—	—	—	—	—	—	—	—	—	—	0	1	—	—	—	33	19	23
Total debt	0	0	0	0	—	0	0	0	0	0	0	1	1	0	0	57	38	45
Total liabilities	—	13	13	8	10	5	14	13	20	19	16	12	17	25	34	72	48	68
Shareholders' equity	42	22	11	5	−2	7	−0	14	10	4	−4	9	113	90	96	49	56	23
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	−6	—	—	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−43	−19	−13	−7	−5	−8	−8	−15	−17	−14	−6	−16	−82	−21	−45	3	6	16
Shares outstanding	—	13m	17m	25m	32m	45m	47m	—	79m	100m	126m	153m	164m	171m	195m	225m	—	32m

US$ millions unless shown otherwise. Fiscal quarters.

Microvision, Inc.: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	1	0	0	0	0	1	1	1
Inventory	2	3	6	8	1	4	4	4
Total current assets	82	79	103	115	81	54	34	38
Goodwill	—	—	—	—	—	4	4	4
Total assets	121	117	141	151	103	110	89	91
Accounts payable	1	1	2	1	2	5	6	6
Deferred revenue (current)	0	0	0	0	—	0	0	0
Total current liabilities	46	42	43	40	30	52	50	47
Long-term debt	33	30	32	29	19	32	25	23
Total debt	33	30	32	29	19	32	25	23
Total liabilities	72	64	64	60	48	71	68	68
Shareholders' equity	49	53	77	91	56	40	21	23
Shares outstanding	225m	245m	278m	302m	20m	322m	23m	32m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Microvision, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Microvision, Inc.