vs

Side-by-side financial comparison of MICROVISION, INC. (MVIS) and Nakamoto Inc. (NAKA). Click either name above to swap in a different company.

Nakamoto Inc. is the larger business by last-quarter revenue ($444.9K vs $223.0K, roughly 2.0× MICROVISION, INC.). On growth, Nakamoto Inc. posted the faster year-over-year revenue change (-26.3% vs -86.5%). Over the past eight quarters, Nakamoto Inc.'s revenue compounded faster (-26.7% CAGR vs -51.7%).

MicroVision Inc. is a technology company specializing in advanced LiDAR sensors, miniature display solutions, and perception software. Its core products serve automotive ADAS, augmented reality devices, consumer electronics, and industrial automation markets, delivering high-precision, low-power sensing technologies for next-generation smart applications.

MVIS vs NAKA — Head-to-Head

Bigger by revenue
NAKA
NAKA
2.0× larger
NAKA
$444.9K
$223.0K
MVIS
Growing faster (revenue YoY)
NAKA
NAKA
+60.2% gap
NAKA
-26.3%
-86.5%
MVIS
Faster 2-yr revenue CAGR
NAKA
NAKA
Annualised
NAKA
-26.7%
-51.7%
MVIS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MVIS
MVIS
NAKA
NAKA
Revenue
$223.0K
$444.9K
Net Profit
$37.3M
Gross Margin
Operating Margin
-41198.2%
Net Margin
8374.2%
Revenue YoY
-86.5%
-26.3%
Net Profit YoY
-21.2%
3820.2%
EPS (diluted)
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MVIS
MVIS
NAKA
NAKA
Q4 25
$223.0K
$444.9K
Q3 25
$241.0K
$388.2K
Q2 25
$155.0K
$408.5K
Q1 25
$589.0K
$579.7K
Q4 24
$1.6M
$603.9K
Q3 24
$190.0K
$647.9K
Q2 24
$1.9M
$639.1K
Q1 24
$956.0K
$829.0K
Net Profit
MVIS
MVIS
NAKA
NAKA
Q4 25
$37.3M
Q3 25
$-14.2M
$-86.0M
Q2 25
$-14.2M
$-2.4M
Q1 25
$-28.8M
$-1.0M
Q4 24
$-31.2M
$-1.0M
Q3 24
$-15.5M
$-1.0M
Q2 24
$-23.9M
$-1.3M
Q1 24
$-26.3M
$-282.3K
Gross Margin
MVIS
MVIS
NAKA
NAKA
Q4 25
Q3 25
Q2 25
Q1 25
6.6%
Q4 24
-149.5%
Q3 24
Q2 24
18.2%
Q1 24
-33.6%
Operating Margin
MVIS
MVIS
NAKA
NAKA
Q4 25
-41198.2%
Q3 25
-5278.4%
-2680.4%
Q2 25
-9455.5%
-585.4%
Q1 25
-2383.7%
-179.7%
Q4 24
-1119.5%
-169.3%
Q3 24
-8266.3%
-162.0%
Q2 24
-1296.4%
-162.3%
Q1 24
-2793.9%
-28.6%
Net Margin
MVIS
MVIS
NAKA
NAKA
Q4 25
8374.2%
Q3 25
-5899.2%
-22162.2%
Q2 25
-9180.0%
-590.9%
Q1 25
-4886.1%
-179.1%
Q4 24
-1888.2%
-165.8%
Q3 24
-8166.8%
-156.5%
Q2 24
-1259.5%
-206.5%
Q1 24
-2752.4%
-34.1%
EPS (diluted)
MVIS
MVIS
NAKA
NAKA
Q4 25
$0.68
Q3 25
$-0.05
$-0.42
Q2 25
$-0.06
$-0.35
Q1 25
$-0.12
$-0.17
Q4 24
$-0.15
$-0.18
Q3 24
$-0.07
$-0.17
Q2 24
$-0.11
$-0.26
Q1 24
$-0.13
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MVIS
MVIS
NAKA
NAKA
Cash + ST InvestmentsLiquidity on hand
$74.9M
$22.6M
Total DebtLower is stronger
$19.2M
Stockholders' EquityBook value
$55.5M
$514.3M
Total Assets
$103.1M
$730.6M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MVIS
MVIS
NAKA
NAKA
Q4 25
$74.9M
$22.6M
Q3 25
$99.5M
$24.2M
Q2 25
$91.4M
$6.0M
Q1 25
$69.0M
$1.1M
Q4 24
$74.7M
$2.3M
Q3 24
$43.2M
$3.6M
Q2 24
$56.6M
$4.7M
Q1 24
$73.1M
$287.4K
Total Debt
MVIS
MVIS
NAKA
NAKA
Q4 25
$19.2M
Q3 25
$29.0M
Q2 25
$32.3M
Q1 25
$30.1M
$64.4K
Q4 24
$33.0M
$148.8K
Q3 24
$205.6K
Q2 24
$254.7K
Q1 24
$710.0K
Stockholders' Equity
MVIS
MVIS
NAKA
NAKA
Q4 25
$55.5M
$514.3M
Q3 25
$90.7M
$477.6M
Q2 25
$77.1M
$9.0M
Q1 25
$53.2M
$1.5M
Q4 24
$48.8M
$2.6M
Q3 24
$65.9M
$3.5M
Q2 24
$78.7M
$4.4M
Q1 24
$93.8M
$-383.1K
Total Assets
MVIS
MVIS
NAKA
NAKA
Q4 25
$103.1M
$730.6M
Q3 25
$150.8M
$692.4M
Q2 25
$140.6M
$9.9M
Q1 25
$116.7M
$2.6M
Q4 24
$121.2M
$3.7M
Q3 24
$88.3M
$4.3M
Q2 24
$103.4M
$5.5M
Q1 24
$124.2M
$799.3K
Debt / Equity
MVIS
MVIS
NAKA
NAKA
Q4 25
0.35×
Q3 25
0.32×
Q2 25
0.42×
Q1 25
0.57×
0.04×
Q4 24
0.68×
0.06×
Q3 24
0.06×
Q2 24
0.06×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MVIS
MVIS
NAKA
NAKA
Operating Cash FlowLast quarter
$-58.7M
$-23.5M
Free Cash FlowOCF − Capex
$-59.4M
FCF MarginFCF / Revenue
-26636.3%
Capex IntensityCapex / Revenue
304.5%
Cash ConversionOCF / Net Profit
-0.63×
TTM Free Cash FlowTrailing 4 quarters
$-103.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MVIS
MVIS
NAKA
NAKA
Q4 25
$-58.7M
$-23.5M
Q3 25
$-16.5M
$-13.2M
Q2 25
$-12.7M
$-1.9M
Q1 25
$-14.1M
$-865.1K
Q4 24
$-15.1M
$-3.1M
Q3 24
$-14.1M
$-1.0M
Q2 24
$-18.6M
$-913.5K
Q1 24
$-20.8M
$-213.4K
Free Cash Flow
MVIS
MVIS
NAKA
NAKA
Q4 25
$-59.4M
Q3 25
$-16.6M
Q2 25
$-12.9M
Q1 25
$-14.2M
Q4 24
$-15.2M
$-3.1M
Q3 24
$-14.1M
$-1.0M
Q2 24
$-18.8M
Q1 24
$-20.9M
$-224.6K
FCF Margin
MVIS
MVIS
NAKA
NAKA
Q4 25
-26636.3%
Q3 25
-6894.6%
Q2 25
-8346.5%
Q1 25
-2410.4%
Q4 24
-918.7%
-511.2%
Q3 24
-7421.1%
-161.7%
Q2 24
-989.5%
Q1 24
-2183.4%
-27.1%
Capex Intensity
MVIS
MVIS
NAKA
NAKA
Q4 25
304.5%
Q3 25
53.1%
Q2 25
134.2%
Q1 25
16.8%
Q4 24
6.2%
2.2%
Q3 24
4.7%
0.3%
Q2 24
8.7%
0.0%
Q1 24
11.9%
1.3%
Cash Conversion
MVIS
MVIS
NAKA
NAKA
Q4 25
-0.63×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons