Financial Data and Key Metrics Changes - Revenue for Q4 2023 was reported at $5.1 million, leading to a full-year revenue of $7.3 million, which was within the revised guidance range of $6.5 million to $8 million [67][68] - The company achieved a 90% adjusted gross margin in Q4 2023 and an 80% gross margin on an adjusted basis for FY 2023, significantly differentiating itself from peers with negative or near-zero margins [39][70] - Liquidity as of December 31, 2023, was $93 million, consisting of $74 million in cash and cash equivalents and $19 million in ATM availability, providing a financial runway of approximately 1.4 years [11][94] Business Line Data and Key Metrics Changes - The company is focusing on high-volume nomination projects rather than low-volume engineering services, aiming for projects that involve millions of units to achieve profitability [2][24] - The MOVIA-S product is highlighted as a key opportunity, with each vehicle potentially requiring three to five sensors for advanced driving features [53][59] Market Data and Key Metrics Changes - The demand for LiDAR sensors is expected to grow significantly, particularly for ADAS level 2+ and level 3 features, as OEMs are increasingly recognizing the need for these technologies [3][33] - The company is engaged in nine RFQs with multiple OEMs in Europe and North America, primarily focused on passenger car programs [22][64] Company Strategy and Development Direction - The company aims to establish itself as a Tier 1 LiDAR supplier by focusing on high-growth opportunities and maintaining financial discipline, avoiding risks associated with low-margin projects [24][36] - The strategy includes leveraging existing technology and partnerships to secure long-term supply agreements with OEMs, particularly in the automotive sector [56][58] Management Comments on Operating Environment and Future Outlook - Management noted that the transition from internal combustion engines (ICE) to electric vehicles (EV) is creating pressure on OEMs, leading to a cautious approach in new projects [62][63] - The company is optimistic about securing nominations in 2024, with expectations for significant revenue growth driven by high-volume contracts [98][110] Other Important Information - The Microsoft contract, which contributed $4.6 million in revenue, expired at the end of December 2023, with no visibility into future revenue from this source [38][131] - The company is not pursuing augmented reality (AR) projects due to a lack of control over end products, focusing instead on its LiDAR technology [91][128] Q&A Session Summary Question: What type of OEMs is the company targeting for announcements? - The focus is on OEMs based in Europe and North America, with an emphasis on high-volume projects [45][99] Question: What is the status of the Microsoft agreement? - The Microsoft contract expired at the end of December 2023, and there is currently no visibility into future revenue from Microsoft [131] Question: What is the expected gross margin trajectory for 2024? - The company expects gross margins to be in the range of 30% to 40% for 2024, as revenue scales up and the mix changes [102][103]

Exhibit 99.1 MicroVision Announces Fourth Quarter and Full Year 2023 Results REDMOND, WA / ACCESSWIRE / February 28, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its fourth quarter and full year 2023 results. "We are very pleased with what our global team accomplished in 2023. We are now actively engaged in nine automotive RFQs, including some of the largest global OEMs, with a key focus on passenger vehicles with our MAVIN a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to _________ Commission file number 001-34170 MicroVision, Inc. (Exact name of registrant as specified in its charter) Delaware 91-1600822 (State or Other Ju ...

MicroVision, Inc. (NASDAQ:MVIS) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Drew Markham - General Counsel Sumit Sharma - Chief Executive Officer Anubhav Verma - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the MicroVision Third Quarter 2023 Financial and Operating Results Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now ...

& MicroVision Investor Presentation November 2023 1 | © 2023 MicroVision, Inc. All rights reserved. Confidential and proprietary. Safe Harbor Statements This presentation of MicroVision, Inc. ("MicroVision," "the Company," "we," or "our"), and any accompanying oral presentation, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, among others: statements r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to _________ Commission file number 001-34170 MicroVision, Inc. (Exact name of registrant as specified in its charter) Delaware 91-1600822 (Stat ...

MicroVision, Inc. (NASDAQ:MVIS) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Drew Markham - General Counsel Sumit Sharma - Chief Executive Officer Anubhav Verma - Chief Financial Officer Conference Call Participants Anand Balaji - Cantor Fitzgerald Operator Good afternoon, and welcome to the MicroVision Second Quarter 2023 Financial and Operating Results Conference call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please note this even ...

& MicroVision Investor Presentation August 2023 1 | © 2023 MicroVision, Inc. All rights reserved. Confidential and proprietary. Safe Harbor Statements This presentation of MicroVision, Inc. ("MicroVision," "the Company," "we," or "our"), and any accompanying oral presentation, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, among others: statements rel ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34170 MicroVision, Inc. (Exact name of registrant as specified in its charter) Delaware 91-1600822 (State or Other Jurisd ...

MicroVision, Inc. (NASDAQ:MVIS) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Drew Markham - General Counsel Sumit Sharma - Chief Executive Officer Anubhav Verma - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the MicroVision First Quarter 2023 Financial and Operating Results Conference call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please also note that this event is being recorded. I would now ...