Microvision announced their financial results for Q1 2013. The company had $1.8 million in revenue (up slightly from $1.7 million in Q1 2012), and the net loss was $3.7 million (down from $9.8 million in Q1 2012).
If we look at the cash side, the cash used in Q1 was $3.5 million. The company has $3.3 million in cash and equivalents (and a backlog of $5.1 million). This means that they will have to raise more money, and soon.
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