Microvision Inc (MVIS)

[gnillish_00]

Similar numbers to last quarter -- lost money at about the same rate despite higher burn rate.

When you dig deeper, there are some encouraging numbers in the earnings report:

Royalty revenue up

Inventory 1.182m -- this tells us they have product on hand and quite possibly have orders to fill.

Cash on hand -- they have enough cash on hand for 3 years at the current increased burn rate. This tells customers that they have staying power

Staffing up -- this accounts for a large portion of the increased burn rate and signals fundamental optimism about the direction they are going.

Overall I'd say this is the most encouraging report we've seen in the past year. I would have really liked to see product revenue, but those inventory levels tell us that revenue is on the way.