News Focus
News Focus
icon url

Slojab

10/26/20 10:37 PM

#4468 RE: howardriggin #4467

You're probably right.

https://www.macrotrends.net/stocks/charts/MVIS/microvision/number-of-employees

And their accumulated deficit is nearing $1B.

Hopefully, there's more than one prospective buyer because they otherwise might not have a lot of bargaining power.
icon url

gnillish_00

10/27/20 9:24 AM

#4474 RE: howardriggin #4467

They had 30 employees as of the ASM and have since added at least 4 and have job postings for some other key positions. These postings appear to be targeted to meet milestones for key projects like automotive LiDAR "A Sample" and to position them for a transition effort. If the postings have been filled, they are likely at 40 or 41 employees now.

This is clearly not enough to resume full operations, but puts them in a fundamentally better position than they were at the beginning of the summer and with the stability the share authorization gives, they could staff back up should they need to.