Vuzix Key Executives

This section highlights Vuzix's key executives, including their titles and compensation details.

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Vuzix Earnings

This section highlights Vuzix's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 07, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: March 13, 2025
EPS: $-0.16
Est. EPS: $-0.12
Revenue: $1.27M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-03-13 $-0.12 $-0.16
Read Transcript Q3 2024 2024-11-14 $-0.12 $-0.14
Read Transcript Q2 2024 2024-08-14 $-0.10 $-0.62
Read Transcript Q1 2024 2024-05-09 N/A N/A
Read Transcript Q4 2023 2024-04-15 $-0.14 $-0.32
Read Transcript Q3 2023 2023-11-09 $-0.14 $-0.17
Read Transcript Q2 2023 2023-08-08 $-0.16 $-0.14
Read Transcript Q1 2023 2023-05-10 $-0.16 $-0.16

Vuzix Corporation (VUZI)

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in Europe and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.

Technology Consumer Electronics

$2.30

Stock Price

$175.36M

Market Cap

76

Employees

West Henrietta, NY

Location

Financial Statements

Access annual & quarterly financial statements for Vuzix, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $5.75B $12.13M $11.84M $13.16M $11.58M
Cost of Revenue $11.35B $13.88M $10.35M $10.71M $9.65M
Gross Profit $-5.60B $-1.75M $1.48M $2.45M $1.93M
Gross Profit Ratio -97.31% -14.42% 12.53% 18.60% 16.65%
Research and Development Expenses $9.63B $12.34M $12.68M $11.68M $7.57M
General and Administrative Expenses $17.23B $18.59M $21.04M $22.50M $6.92M
Selling and Marketing Expenses $8.19B $12.71M $8.08M $6.12M $4.04M
Selling General and Administrative Expenses $25.42B $31.30M $29.12M $28.62M $10.96M
Other Expenses $33.32B $6.91M $1.79M $1.87M $2.46M
Operating Expenses $68.37B $50.55M $43.58M $42.17M $20.98M
Cost and Expenses $79.73B $64.43M $53.94M $52.88M $30.64M
Interest Income $- $- $1.40M $53.51K $41.12K
Interest Expense $- $- $- $- $-
Depreciation and Amortization $3.93M $4.93M $2.59M $2.79M $3.03M
EBITDA $-70.98B $-45.42M $-39.89M $-37.59M $-14.92M
EBITDA Ratio -1233.40% -374.49% -339.46% -285.47% -142.64%
Operating Income $-73.97B $-52.30M $-42.10M $-39.72M $-19.05M
Operating Income Ratio -1285.44% -431.21% -355.69% -301.68% -164.51%
Total Other Income Expenses Net $433.34M $2.15M $1.47M $-397.05K $1.18M
Income Before Tax $-73.54B $-50.15M $-40.76M $-40.38M $-17.95M
Income Before Tax Ratio -1277.91% -413.46% -344.41% -306.70% -155.00%
Income Tax Expense $- $- $-1.47M $264.00K $74.00K
Net Income $-73.54M $-50.15M $-39.30M $-40.64M $-18.03M
Net Income Ratio -1.28% -413.46% -332.00% -308.70% -155.64%
EPS $-1.08 $-0.79 $-0.62 $-0.66 $-0.47
EPS Diluted $-1.08 $-0.79 $-0.62 $-0.66 $-0.47
Weighted Average Shares Outstanding 67.84M 63.43M 63.71M 61.13M 38.11M
Weighted Average Shares Outstanding Diluted 67.84M 63.43M 63.71M 61.13M 38.11M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $1.27M $1.39M $1.09M $2.00M $1.07M $2.18M $4.69M $4.19M $2.90M $3.43M $3.01M $2.50M $3.31M $3.02M $2.92M $3.92M $4.23M $2.78M $3.04M $1.53M
Cost of Revenue $6.23M $1.65M $1.43M $3.03M $5.31M $2.42M $3.72M $3.32M $3.02M $2.56M $2.58M $1.86M $3.11M $2.44M $2.34M $2.84M $3.53M $2.43M $2.24M $1.45M
Gross Profit $-4.95M $-259.85K $-333.14K $-1.02M $-4.25M $-237.54K $972.39K $876.01K $-126.00K $868.00K $425.79K $639.35K $208.00K $584.00K $579.37K $1.08M $703.00K $347.97K $795.92K $80.52K
Gross Profit Ratio -389.30% -18.75% -30.50% -51.10% -397.90% -10.90% 20.70% 20.90% -4.30% 25.30% 14.20% 25.50% 6.30% 19.30% 19.90% 27.60% 16.60% 12.52% 26.21% 5.26%
Research and Development Expenses $2.22M $2.33M $2.36M $2.74M $3.52M $2.91M $2.84M $3.07M $3.14M $3.44M $3.00M $3.10M $3.62M $3.27M $2.70M $2.08M $1.87M $1.87M $1.80M $2.02M
General and Administrative Expenses $4.29M $4.35M $4.49M $4.10M $4.73M $4.47M $4.26M $5.13M $5.73M $4.85M $5.04M $5.45M $10.94M $3.11M $4.75M $3.70M $1.94M $1.64M $1.80M $1.54M
Selling and Marketing Expenses $1.95M $1.77M $2.24M $2.22M $4.83M $2.83M $2.51M $2.54M $2.18M $1.98M $1.85M $2.02M $1.95M $1.59M $1.34M $1.24M $1.15M $936.21K $796.86K $1.15M
Selling General and Administrative Expenses $6.23M $6.11M $6.73M $6.32M $9.56M $7.30M $6.77M $7.67M $7.91M $6.83M $6.89M $7.48M $12.89M $4.70M $6.09M $4.95M $3.10M $2.57M $2.60M $2.69M
Other Expenses $441.61K $592.37K $31.31M $- $-1.05M $- $- $1.05M $640.00K $510.00K $- $470.56K $-178.00K $-115.00K $514.46K $-65.00K $1.21M $651.47K $650.09K $-22.38K
Operating Expenses $8.90M $9.04M $40.58M $9.06M $14.12M $11.19M $10.62M $11.79M $11.69M $10.79M $10.46M $11.05M $16.93M $8.41M $9.30M $7.54M $5.50M $5.10M $5.04M $5.36M
Cost and Expenses $15.12M $10.68M $41.82M $12.08M $19.43M $13.61M $14.33M $15.11M $14.71M $13.35M $13.04M $12.91M $20.04M $10.84M $11.64M $10.38M $9.04M $7.53M $7.28M $6.81M
Interest Income $- $- $- $- $- $500.07K $628.92K $695.78K $705.55K $572.72K $- $- $- $- $- $- $- $- $- $-
Interest Expense $- $- $- $- $- $- $- $- $- $115.69K $- $94.08K $122.28K $- $- $- $- $- $- $-
Depreciation and Amortization $664.53K $642.77K $1.47M $1.15M $1.11M $1.19M $1.23M $1.20M $762.13K $731.87K $605.08K $488.81K $1.11M $499.66K $560.91K $582.41K $535.00K $634.67K $640.71K $648.54K
EBITDA $-13.05M $-8.52M $-9.20M $-8.93M $-18.98M $-10.24M $-8.50M $-9.78M $-11.14M $-9.32M $-9.46M $-9.93M $-15.91M $-10.04M $-8.75M $-8.42M $-2.62M $-4.11M $-3.60M $-4.65M
EBITDA Ratio -1025.36% -614.81% -841.95% -445.60% -1436.49% -490.13% -192.08% -248.06% -384.44% -273.13% -313.59% -392.66% -488.50% -244.48% -277.91% -148.48% -100.78% -147.64% -119.04% -298.73%
Operating Income $-13.85M $-9.30M $-40.73M $-10.08M $-20.41M $-11.43M $-9.61M $-10.92M $-11.85M $-9.92M $-10.00M $-10.41M $-16.83M $-7.83M $-8.74M $-6.57M $-4.80M $-4.75M $-4.24M $-5.34M
Operating Income Ratio -1088.46% -671.08% -3727.93% -503.08% -1913.34% -524.43% -204.82% -260.47% -408.97% -289.41% -332.51% -415.97% -507.97% -259.36% -299.71% -167.92% -113.42% -170.88% -139.55% -348.58%
Total Other Income Expenses Net $193.44K $77.00K $118.08K $33.54K $533.59K $449.54K $562.71K $606.62K $1.09M $488.40K $-20.69K $-92.11K $-5.70M $2.43M $427.84K $2.45M $1.21M $-12.59K $-792 $-22.38K
Income Before Tax $-13.66M $-9.22M $-40.61M $-10.05M $-19.88M $-10.98M $-9.04M $-10.24M $-10.76M $-9.48M $-10.02M $-10.51M $-17.01M $-7.95M $-8.78M $-6.64M $-3.59M $-4.76M $-4.24M $-5.36M
Income Before Tax Ratio -1073.25% -665.53% -3717.12% -501.41% -1863.33% -503.81% -192.82% -244.33% -371.26% -276.54% -333.19% -419.73% -513.37% -263.20% -301.02% -169.58% -84.81% -171.33% -139.57% -350.04%
Income Tax Expense $- $- $- $-3 $1.73M $-447.05K $-598.13K $-1.35M $-1.67M $115.69K $-10.64K $94.08K $122.28K $17.70K $56.16K $157.32K $-1.27M $11.78K $-8.59K $62.23K
Net Income $-13.66M $-9.22M $-40.61M $-10.05M $-19.88M $-10.98M $-9.04M $-8.89M $-9.09M $-9.59M $-10.02M $-10.60M $-17.01M $-7.95M $-8.78M $-6.64M $-3.59M $-4.76M $-4.24M $-5.36M
Net Income Ratio -1073.25% -665.53% -3717.12% -501.41% -1863.33% -503.81% -192.82% -212.03% -313.77% -279.91% -333.19% -423.49% -513.37% -263.20% -301.02% -169.58% -84.81% -171.33% -139.57% -350.04%
EPS $-0.20 $-0.14 $-0.62 $-0.16 $-0.31 $-0.17 $-0.14 $-0.14 $-0.14 $-0.15 $-0.16 $-0.17 $-0.27 $-0.13 $-0.14 $-0.12 $-0.09 $-0.12 $-0.12 $-0.16
EPS Diluted $-0.20 $-0.14 $-0.62 $-0.16 $-0.31 $-0.17 $-0.14 $-0.14 $-0.14 $-0.15 $-0.16 $-0.17 $-0.27 $-0.13 $-0.14 $-0.12 $-0.09 $-0.12 $-0.12 $-0.16
Weighted Average Shares Outstanding 67.84M 67.84M 65.81M 64.73M 64.73M 63.32M 63.23M 63.22M 63.32M 63.18M 63.74M 63.70M 63.01M 61.69M 61.64M 54.14M 39.90M 39.84M 36.34M 33.13M
Weighted Average Shares Outstanding Diluted 67.84M 67.84M 65.81M 64.73M 64.73M 63.32M 63.23M 63.22M 63.32M 63.18M 63.74M 63.70M 63.01M 63.52M 63.07M 54.14M 39.90M 39.84M 36.34M 33.13M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $18.19M $26.56M $72.56M $120.20M $36.07M
Short Term Investments $18.17B $200.00K $- $- $-
Cash and Short Term Investments $18.19B $26.56M $72.56M $120.20M $36.07M
Net Receivables $1.61B $4.20M $4.29M $2.24M $1.39M
Inventory $4.81B $9.00M $11.27M $12.15M $6.10M
Other Current Assets $2.11B $1.74M $2.51M $2.55M $1.50M
Total Current Assets $26.72B $41.50M $91.24M $137.15M $45.06M
Property Plant Equipment Net $8.08B $8.37M $4.83M $6.31M $4.35M
Goodwill $- $- $1.60M $- $-
Intangible Assets $3.95M $29.84M $33.55M $4.07M $2.81M
Goodwill and Intangible Assets $3.95M $29.84M $35.16M $4.07M $2.81M
Long Term Investments $- $6.23M $450.00K $450.00K $250.00K
Tax Assets $- $- $- $- $-2.50B
Other Non-Current Assets $4.60B $200.00K $631.14K $491.92K $2.50B
Total Non-Current Assets $12.68B $44.65M $41.07M $11.32M $7.42M
Other Assets $- $- $- $- $-
Total Assets $39.41B $86.15M $132.31M $148.47M $52.47M
Account Payables $538.22K $1.57M $1.21M $2.05M $1.52M
Short Term Debt $494.73M $163.51K $651.01K $534.15K $444.50K
Tax Payables $8.16K $46.73K $215.00K $120.24K $109.65K
Deferred Revenue $125.90M $18.84K $29.06K $27.80K $41.15K
Other Current Liabilities $1.49B $3.42M $13.17M $1.42M $983.03K
Total Current Liabilities $2.11B $5.22M $15.28M $4.16M $3.10M
Long Term Debt $- $137.67K $305.15K $582.88K $1.07M
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $-
Total Non-Current Liabilities $- $137.67K $305.15K $582.88K $1.07M
Other Liabilities $- $- $- $- $-
Total Liabilities $2.11B $5.35M $15.58M $4.74M $4.17M
Preferred Stock $- $- $0 $- $50
Common Stock $76.55K $65.30K $63.78K $63.67K $45.65K
Retained Earnings $-367.52B $-293.98M $-243.84M $-203.07M $-162.69M
Accumulated Other Comprehensive Income Loss $- $- $-0 $- $-
Other Total Stockholders Equity $404.82B $374.71M $359.26M $346.74M $210.95M
Total Stockholders Equity $37.29B $80.79M $116.73M $143.73M $48.30M
Total Equity $37.29B $80.79M $116.73M $143.73M $48.30M
Total Liabilities and Stockholders Equity $39.41B $86.15M $132.31M $148.47M $52.47M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $39.41B $86.15M $132.31M $148.47M $52.47M
Total Investments $650.00K $6.43M $450.00K $450.00K $250.00K
Total Debt $494.24M $301.19K $956.16K $1.12M $1.52M
Net Debt $-17.69M $-26.25M $-71.61M $-119.09M $-34.55M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $18.19M $14.27M $9.88M $16.50M $26.56M $38.05M $48.58M $63.24M $72.56M $90.37M $100.58M $113.33M $120.20M $128.75M $137.60M $132.72M $36.07M $24.94M $13.23M $6.14M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $18.19M $14.27M $9.88M $16.50M $26.56M $38.05M $48.58M $63.24M $72.56M $90.37M $100.58M $113.33M $120.20M $128.75M $137.60M $132.72M $36.07M $24.94M $13.23M $6.14M
Net Receivables $2.28M $3.17M $3.31M $4.84M $4.20M $7.39M $6.86M $3.72M $4.29M $3.51M $1.67M $1.55M $2.24M $1.06M $1.10M $1.34M $1.39M $1.16M $1.45M $786.78K
Inventory $4.81M $9.83M $10.24M $10.15M $9.00M $11.30M $10.87M $10.86M $11.27M $12.23M $11.79M $12.56M $12.15M $9.88M $7.88M $6.96M $6.10M $6.56M $6.26M $5.67M
Other Current Assets $1.44M $1.45M $1.23M $1.46M $1.74M $2.87M $2.01M $2.10M $3.11M $2.90M $2.89M $2.06M $2.55M $4.30M $4.45M $3.07M $1.50M $1.55M $1.99M $1.71M
Total Current Assets $26.72M $28.71M $24.66M $32.67M $41.50M $59.61M $68.32M $79.91M $91.24M $109.01M $116.94M $129.50M $137.15M $143.99M $151.03M $144.09M $45.06M $34.22M $22.92M $14.31M
Property Plant Equipment Net $8.08M $8.50M $8.94M $8.80M $8.37M $7.51M $7.44M $6.93M $4.83M $10.23M $8.89M $6.01M $6.31M $6.56M $4.29M $4.21M $4.35M $4.84M $5.23M $5.85M
Goodwill $- $- $- $- $- $1.60M $1.60M $1.60M $1.60M $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $3.95M $3.98M $3.99M $29.08M $29.84M $31.18M $32.03M $32.88M $33.55M $18.34M $18.81M $3.40M $4.07M $3.56M $3.56M $2.29M $2.81M $2.35M $2.40M $2.43M
Goodwill and Intangible Assets $3.95M $3.98M $3.99M $29.08M $29.84M $32.78M $33.64M $34.48M $35.16M $18.34M $18.81M $3.40M $4.07M $3.56M $3.56M $2.29M $2.81M $2.35M $2.40M $2.43M
Long Term Investments $650.00K $650.00K $650.00K $6.43M $6.43M $650.00K $650.00K $550.00K $450.00K $450.00K $450.00K $450.00K $450.00K $- $- $- $250.00K $- $- $-
Tax Assets $- $- $- $-5.78M $-561.11K $- $- $- $- $- $- $-450.00K $- $- $- $- $-2.50B $- $- $-
Other Non-Current Assets $- $- $- $5.78M $561.11K $429.49K $513.02K $596.55K $631.14K $725.14K $805.71K $1.45M $491.92K $1.36M $825.00K $866.67K $2.50B $650.00K $550.00K $441.43K
Total Non-Current Assets $12.68M $13.14M $13.57M $44.31M $44.65M $41.38M $42.24M $42.56M $41.07M $29.75M $28.95M $10.85M $11.32M $11.48M $8.67M $7.36M $7.42M $7.84M $8.18M $8.72M
Other Assets $- $- $- $1 $-1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $39.41M $41.85M $38.23M $76.98M $86.15M $100.99M $110.56M $122.47M $132.31M $138.76M $145.90M $140.35M $148.47M $155.47M $159.71M $151.45M $52.47M $42.05M $31.10M $23.03M
Account Payables $538.22K $659.27K $899.66K $1.90M $1.57M $1.85M $1.62M $1.27M $1.21M $2.20M $1.32M $1.22M $2.05M $1.48M $1.42M $1.33M $1.52M $909.10K $832.58K $1.30M
Short Term Debt $494.24K $506.37K $1.01M $506.37K $163.51K $592.93K $858.84K $1.12M $651.01K $1.05M $1.04M $1.03M $534.15K $1.07M $1.10M $1.10M $444.50K $1.83M $1.57M $1.05M
Tax Payables $8.16K $131.98K $124.36K $55.93K $46.73K $54.06K $138.96K $22.84K $215.00K $46.60K $43.86K $45.69K $120.24K $33.76K $80.20K $44.36K $109.65K $32.83K $24.60K $21.20K
Deferred Revenue $125.90K $167.88K $49.83K $157.77K $18.84K $102.15K $107.04K $41.45K $29.06K $24.37K $40.63K $29.62K $27.80K $14.25K $13.70K $23.45K $41.15K $52.25K $65.22K $99.71K
Other Current Liabilities $945.75K $715.89K $972.79K $851.98K $3.42M $2.54M $4.10M $10.40M $13.17M $4.90M $5.34M $740.65K $1.42M $1.51M $579.22K $1.47M $983.03K $449.90K $337.25K $-225.73K
Total Current Liabilities $2.11M $2.18M $2.59M $3.47M $5.22M $5.14M $6.83M $12.86M $15.28M $8.22M $7.79M $2.94M $4.16M $3.65M $3.13M $3.57M $3.10M $3.26M $2.81M $2.50M
Long Term Debt $- $112.78K $240.63K $368.48K $137.67K $168.19K $198.71K $229.23K $305.15K $181.69K $317.91K $454.06K $582.88K $687.57K $837.31K $942.01K $1.07M $1.79M $2.15M $1.44M
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $- $- $- $- $- $4.75M $6.25M $- $- $- $- $- $- $- $- $-
Total Non-Current Liabilities $- $112.78K $240.63K $368.48K $137.67K $168.19K $198.71K $229.23K $305.15K $4.93M $6.57M $454.06K $582.88K $687.57K $837.31K $942.01K $1.07M $1.79M $2.15M $1.44M
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.11M $2.29M $2.83M $3.84M $5.35M $5.31M $7.02M $13.09M $15.58M $13.15M $14.36M $3.39M $4.74M $4.34M $3.97M $4.52M $4.17M $5.05M $4.97M $3.94M
Preferred Stock $- $- $- $- $1 $0 $0 $0 $0 $0 $0 $- $- $0 $- $- $50 $50 $50 $50
Common Stock $76.55K $74.19K $66.03K $65.30K $65.30K $63.91K $63.90K $63.79K $63.78K $63.78K $64.03K $63.70K $63.67K $63.63K $63.28K $62.14K $45.65K $42.72K $39.00K $33.13K
Retained Earnings $-367.52M $-353.87M $-344.64M $-304.03M $-293.98M $-274.10M $-263.12M $-254.08M $-243.84M $-233.08M $-223.60M $-213.58M $-203.07M $-186.06M $-178.11M $-169.33M $-162.69M $-159.10M $-154.34M $-150.10M
Accumulated Other Comprehensive Income Loss $- $- $- $0 $0 $-0 $-0 $-0 $-0 $-0 $-0 $0 $- $-0 $- $- $- $- $- $-0
Other Total Stockholders Equity $404.74M $393.35M $379.99M $377.11M $374.71M $369.72M $366.60M $363.39M $359.26M $358.62M $355.07M $350.47M $346.74M $337.13M $333.79M $316.21M $210.95M $196.07M $180.44M $169.16M
Total Stockholders Equity $37.29M $39.55M $35.41M $73.14M $80.79M $95.68M $103.54M $109.38M $116.73M $125.61M $131.54M $136.96M $143.73M $151.13M $155.74M $146.94M $48.30M $37.01M $26.13M $19.09M
Total Equity $37.29M $39.55M $35.41M $73.14M $80.79M $95.68M $103.54M $109.38M $116.73M $125.61M $131.54M $136.96M $143.73M $151.13M $155.74M $146.94M $48.30M $37.01M $26.13M $19.09M
Total Liabilities and Stockholders Equity $39.41M $41.85M $38.23M $76.98M $86.15M $100.99M $110.56M $122.47M $132.31M $138.76M $145.90M $140.35M $148.47M $155.47M $159.71M $151.45M $52.47M $42.05M $31.10M $23.03M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $39.41M $41.85M $38.23M $76.98M $86.15M $100.99M $110.56M $122.47M $132.31M $138.76M $145.90M $140.35M $148.47M $155.47M $159.71M $151.45M $52.47M $42.05M $31.10M $23.03M
Total Investments $650.00K $650.00K $650.00K $6.43M $6.43M $650.00K $650.00K $550.00K $450.00K $450.00K $450.00K $450.00K $450.00K $- $- $- $250.00K $- $- $-
Total Debt $494.24K $619.15K $747.00K $874.85K $301.19K $464.66K $628.13K $791.60K $956.16K $707.57K $837.92K $968.27K $1.12M $1.22M $1.39M $1.49M $1.52M $3.18M $3.28M $1.96M
Net Debt $-17.69M $-13.65M $-9.13M $-15.63M $-26.25M $-37.58M $-47.95M $-62.44M $-71.61M $-89.67M $-99.74M $-112.36M $-119.09M $-127.52M $-136.22M $-131.23M $-34.55M $-21.76M $-9.95M $-4.18M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-73.54B $-50.15M $-40.76M $-40.38M $-17.95M
Depreciation and Amortization $3.93B $4.93M $2.59M $2.31M $2.64M
Deferred Income Tax $- $- $- $- $-141.86K
Stock Based Compensation $11.57B $12.71M $15.78M $17.30M $2.81M
Change in Working Capital $-1.17M $-1.88M $-2.54M $-7.00M $-1.50M
Accounts Receivables $941.15K $1.57B $-1.32M $-853.55K $-289.41K
Inventory $19.29K $4.36B $593.61K $-6.57M $-1.67M
Accounts Payables $-1.03M $358.88K $-843.01K $537.61K $454.37K
Other Working Capital $-1.10M $-5.93B $-978.44K $-112.33K $835
Other Non Cash Items $34.30B $8.11M $423.43K $783.73K $183.33K
Net Cash Provided by Operating Activities $-23.74B $-26.28M $-24.52M $-26.98M $-13.96M
Investments in Property Plant and Equipment $-1.36B $-5.32M $-18.87M $-4.85M $-1.49M
Acquisitions Net $- $- $-2.30M $- $-
Purchases of Investments $10.00B $-2.50M $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $-11.56B $-11.46M $-17.15M $-1.04M $-988.88K
Net Cash Used for Investing Activities $-2.92B $-19.28M $-21.17M $-4.85M $-1.49M
Debt Repayment $- $- $- $- $1.56M
Common Stock Issued $8.18M $- $- $91.61M $25.20M
Common Stock Repurchased $- $-470.76K $-2.01M $- $-
Dividends Paid $- $- $- $-10.00M $-
Other Financing Activities $18.28B $21.20K $57.71K $34.35M $14.16M
Net Cash Used Provided by Financing Activities $18.29B $-449.56K $-1.95M $115.97M $40.91M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-8.37B $-46.01M $-47.64M $84.13M $25.46M
Cash at End of Period $18.19B $26.56M $72.56M $120.20M $36.07M
Cash at Beginning of Period $26.56B $72.56M $120.20M $36.07M $10.61M
Operating Cash Flow $-23.74B $-26.28M $-24.52M $-26.98M $-13.96M
Capital Expenditure $-2.92M $-16.58M $-18.87M $-4.85M $-1.49M
Free Cash Flow $-25.10B $-42.86M $-43.39M $-31.83M $-15.45M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-13.66M $-9.22M $-40.61M $-10.05M $-19.88M $-10.98M $-9.04M $-10.24M $-10.76M $-9.48M $-10.02M $-10.51M $-17.01M $-7.95M $-8.78M $-6.64M $-3.59M $-4.76M $-4.24M $-5.36M
Depreciation and Amortization $664.53K $642.77K $1.47M $1.15M $1.31M $1.19M $1.23M $1.20M $762.13K $731.87K $610.87K $483.03K $675.91K $494.38K $561.78K $577.51K $717.89K $634.67K $640.71K $648.54K
Deferred Income Tax $- $- $- $- $-1.00M $262.02K $738.20K $- $- $- $- $- $- $- $- $- $-215.39K $16.00K $- $57.53K
Stock Based Compensation $3.11M $3.19M $2.88M $2.39M $2.91M $3.30M $2.83M $3.67M $3.76M $3.82M $3.88M $4.32M $9.99M $1.63M $3.58M $2.11M $786.84K $1.08M $659.73K $282.20K
Change in Working Capital $1.24M $2.10M $216.31K $-2.31M $1.93M $-1.58M $-3.42M $1.19M $-673.91K $-2.04M $947.95K $-781.46K $-2.36M $15.73K $-2.58M $-2.08M $-448.27K $598.44K $-1.80M $149.60K
Accounts Receivables $445.13K $-57.44K $1.24M $-639.94K $1.08M $-406.33K $-3.02M $499.81K $-440.94K $-1.55M $-12.25K $690.77K $-1.18M $40.52K $197.59K $91.97K $-449.70K $281.25K $-571.42K $450.45K
Inventory $844.59K $42.52K $- $-867.83K $-1.57M $-436.64K $-488.74K $406.29K $671.10K $-437.38K $766.98K $-407.08K $-2.79M $-2.00M $-925.84K $-857.70K $-811.18K $-307.15K $-587.96K $39.49K
Accounts Payables $-121.05K $-240.39K $-1.00M $331.16K $-282.63K $232.77K $349.12K $59.62K $-984.84K $874.64K $98.21K $-831.02K $571.95K $57.84K $98.84K $-191.03K $608.05K $76.52K $-465.34K $235.14K
Other Working Capital $72.70K $2.35M $-18.94K $-1.14M $2.70M $-973.12K $-260.87K $227.78K $80.77K $-920.10K $11.00K $-234.13K $1.04M $1.91M $-1.95M $-1.12M $204.56K $547.82K $-176.06K $-575.49K
Other Non Cash Items $4.62M $-1.98M $30.41M $5.88M $7.58M $-232.89K $-257.94K $17.67K $325.75K $48.07K $149.04K $49.60K $633.78K $7.54K $30.77K $111.64K $45.83K $45.83K $66.66K $25.00K
Net Cash Provided by Operating Activities $-4.02M $-5.28M $-5.64M $-8.81M $-6.14M $-8.05M $-7.92M $-4.16M $-6.59M $-6.92M $-4.58M $-6.44M $-8.07M $-5.80M $-7.19M $-5.92M $-2.70M $-2.39M $-4.67M $-4.20M
Investments in Property Plant and Equipment $-229.87K $948.33K $-828.40K $-1.25M $-2.85M $-2.49M $-6.65M $-4.59M $-7.18M $-3.29M $-8.19M $-217.23K $-512.01K $-3.10M $-588.12K $-650.65K $-322.92K $-518.55K $-379.36K $-264.68K
Acquisitions Net $- $- $- $- $- $- $- $- $-2.30M $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $10.00M $- $- $-2.50M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $-123.35K $-11.28M $-156.59K $-1.15M $-3.63M $-1.66M $-100.00K $-100.00K $-10.66M $-1.59M $-4.74M $-159.47K $-295.44K $-228.13K $-183.93K $-335.67K $-293.89K $-304.13K $-347.25K $-43.61K
Net Cash Used for Investing Activities $-353.22K $-332.69K $-984.99K $-1.25M $-5.35M $-2.49M $-6.75M $-4.69M $-9.48M $-3.29M $-8.19M $-217.23K $-512.01K $-3.10M $-588.12K $-650.65K $-322.92K $-518.55K $-379.36K $-264.68K
Debt Repayment $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Issued $- $- $- $- $-21.20K $6.65K $14.55K $- $- $- $19.28K $- $-39.03K $4.77K $12.04M $79.60M $14.60M $14.62M $- $-
Common Stock Repurchased $- $- $- $- $-470.29M $- $- $-470.76K $-1.75M $- $- $-251.06K $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $-9.99B $- $- $-10.00M $- $- $- $-
Other Financing Activities $110.76K $10.00M $- $- $- $6.65K $14.55K $- $9.21K $19.28K $19.28K $29.22K $9.99B $39.95K $613.46K $33.62M $14.16M $- $12.14M $-
Net Cash Used Provided by Financing Activities $8.29M $10.00M $- $- $-449.11M $6.65K $14.55K $-470.76K $-1.75M $19.28K $19.28K $-221.83K $40.20K $44.71K $12.66M $103.22M $14.16M $14.62M $12.14M $-
Effect of Forex Changes on Cash $- $- $- $- $-25.68M $10.77M $14.91M $- $- $-19.28K $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $3.91M $4.39M $-6.62M $-10.05M $-11.49M $-10.53M $-14.65M $-9.33M $-17.81M $-10.21M $-12.75M $-6.87M $-8.54M $-8.86M $4.88M $96.65M $11.13M $11.71M $7.09M $-4.46M
Cash at End of Period $18.19M $14.27M $9.88M $16.50M $26.56M $38.05M $48.58M $63.24M $72.56M $90.37M $100.58M $113.33M $120.20M $128.75M $137.60M $132.72M $36.07M $24.94M $13.23M $6.14M
Cash at Beginning of Period $14.27M $9.88M $16.50M $26.56M $38.05M $48.58M $63.24M $72.56M $90.37M $100.58M $113.33M $120.20M $128.75M $137.60M $132.72M $36.07M $24.94M $13.23M $6.14M $10.61M
Operating Cash Flow $-4.02M $-5.28M $-5.64M $-8.81M $-6.14M $-8.05M $-7.92M $-4.16M $-6.59M $-6.92M $-4.58M $-6.44M $-8.07M $-5.80M $-7.19M $-5.92M $-2.70M $-2.39M $-4.67M $-4.20M
Capital Expenditure $-353.22K $1.10M $-984.99K $-1.25M $-2.85M $-2.49M $-6.65M $-4.59M $-7.18M $-3.29M $-8.19M $-217.23K $-512.01K $-3.10M $-588.12K $-650.65K $-322.92K $-518.55K $-379.36K $-264.68K
Free Cash Flow $-4.38M $-4.17M $-6.62M $-10.05M $-8.99M $-10.54M $-14.57M $-8.76M $-13.76M $-10.21M $-12.77M $-6.65M $-8.58M $-8.90M $-7.78M $-6.57M $-3.03M $-2.91M $-5.05M $-4.46M

Vuzix Dividends

Explore Vuzix's dividend history, including dividend yield, payout ratio, and historical payments.

Vuzix does not currently pay a dividend.

Vuzix News

Read the latest news about Vuzix, including recent articles, headlines, and updates.

QUAD GmbH Expands Its Technology Offerings and Relationship with Vuzix with Follow-on Six-figure Smart Glasses Order

ROCHESTER, N.Y. , March 19, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered Smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that the Company has received and shipped against a follow-on six-figure smart glasses order from QUAD GmbH ("QUAD"), a leading distributor and consulting company in the areas of Auto-ID, Transport, Logistics and OEM Integration.

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Vuzix' Subsidiary Moviynt Secures Smart Glasses Deployment Commitment from Airbus Helicopters

ROCHESTER, N.Y. , March 14, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered Smart glasses, waveguides and Augmented Reality (AR) technologies and products, today announced that Moviynt®, its wholly owned subsidiary and SAP Certified ERP SaaS logistics solution provider, has secured a hardware and software deployment commitment from Airbus Helicopters, the helicopter manufacturing division of Airbus.

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Vuzix Corporation (VUZI) Q4 2024 Earnings Call Transcript

Vuzix Corporation (NASDAQ:VUZI ) Q4 2024 Earnings Conference Call March 13, 2025 4:30 PM ET Company Participants Ed McGregor - Director, Investor Relations Paul Travers - Chief Executive Officer Grant Russell - Chief Financial Officer Conference Call Participants Christian Schwab - Craig-Hallum Operator Greetings and welcome to the Vuzix Fourth Quarter and Full-Year ending December 31, 2024 Financial Results and Business Update Call Conference Call. At this time, all participants are in a listen-only mode.

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Vuzix Reports 4Q and Full Year 2024 Financial Results

ROCHESTER, N.Y. , March 13, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-driven smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its fourth quarter and full year financial results for the year ended December 31, 2024.

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Xander Places Its Largest Re-Order for Vuzix AR Smart Glasses to Meet Its Growing Demand for Captioning Solutions for the Hard of Hearing

-  XanderGlasses are targeting the 48 million people in the US struggling with hearing loss ROCHESTER, N.Y. , March 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI driven smart glasses, waveguides and augmented reality (AR) technologies, today announced that Xander™, a Raleigh, North Carolina-based company, has placed its largest re-order to date for Vuzix Shield™ smart glasses.

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Vuzix Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results and Business Update

ROCHESTER, N.Y. , Feb. 28, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, is pleased to announce that the Company will host a conference call regarding its fourth quarter and full year 2024 operating results on Thursday, March 13, 2025 at 4:30 PM Eastern Time (ET).

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AI-Powered TranscribeGlass Solution Selects Vuzix Z100 Smart Glasses for Launch of Real-Time Speech-to-Text Transcription Service

-  AI-driven transcription enhances accessibility for the deaf or hard of hearing, delivering real-time closed captions in nearly any environment ROCHESTER, N.Y. , Feb. 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, and TranscribeGlass, a Connecticut-based company specializing in real-time speech-to-text transcription solutions, today announced the launch of their AI-powered transcription service using Vuzix Z100™ smart glasses.

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Vuzix Ships Customized Waveguides to a Major US-based Defense Customer

ROCHESTER, N.Y. , Feb. 24, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, announced today that it has fulfilled a six-figure follow-on production order for customized waveguides.

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Vuzix Z100 Smart Glasses and Mentra AugmentOS Usher in a New Era of AI-Powered Wearables

-     AugmentOS development platform levels the playing field for smart glasses innovation ROCHESTER, N.Y. , Feb. 3, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, and Mentra, a team of human-computer interface experts, today announced the launch of their AugmentOS, a universal operating system designed for smart glasses, including the Vuzix Z100™.

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Vuzix CEO to Share Stage with Industry-Leading AI Smart Glasses Experts at SPIE Photonics West Conference

ROCHESTER, N.Y. , Jan. 28, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technology, is pleased to announce that Company management will be participating in several presentations at the SPIE Photonics West Conference, the world's premier event for lasers, biomedical optics and biophotonic technologies, quantum, and optoelectronics, which will take place January 28-30, 2025 at The Moscone Center in San Francisco, California.

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Vuzix Signs Distribution Agreement with Evantek and Receives Initial Smart Glasses Stocking Order

ROCHESTER, N.Y. , Jan. 21, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technology, today announced that it has entered into a distribution agreement with Evantek Pte Ltd ("Evantek"), a diversified system integrator providing state-of-the-art solutions and technology.

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Vuzix and Several Partners Demonstrate Growing Ecosystem of Advanced Applications Running on Vuzix Smart Glasses at CES 2025

-   Moviynt, Augmex and Mentra will be providing hands-on demonstrations of their smart glasses applications ROCHESTER, N.Y. , Jan. 8, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company and several of its partners will demonstrate a powerful and diverse set of smart glasses applications running on Vuzix smart glasses at this year's Consumer Electronics Show being held in Las Vegas, Nevada on January 7-10.

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Vuzix to Unveil Cutting-Edge Ultralite ODM/OEM Reference Designs and Advanced Waveguide Solutions at CES 2025

Collaborating with Quanta Computer to debut AI-powered Ultralite OEM Platforms Showcasing state-of-the-art waveguide technology for third party partners ROCHESTER, N.Y. , Jan. 7, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading provider of smart glasses, waveguides, and Augmented Reality (AR) technology, is excited to showcase its latest innovations at the 2025 Consumer Electronics Show (CES) in Las Vegas, Nevada, from January 7-10.

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Vuzix Receives Initial Volume Smart Glasses Order from Augmex

ROCHESTER, N.Y. , Dec. 18, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it has entered into an agreement with Augmex, a one-stop-shop solutions provider for increasing productivity with smart glasses.

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Vuzix: Positioned As The Go-To OEM Supplier For The Exploding Smart Glasses Market

Vuzix is positioned to lead the smart glasses revolution, tapping into the $5 billion wearable tech market with cutting-edge waveguide optics and AI-driven potential. Strategic partnerships with major players like Quanta and Thales validate Vuzix's manufacturing capabilities and expansion into high-margin industries. The smart glasses market is set to explode, with growing adoption across industries such as defense, healthcare, and entertainment, creating massive growth opportunities for Vuzix.

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U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) Expands Its Deployment of Vuzix M400 Smart Glasses

ROCHESTER, N.Y. , Dec. 2, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has expanded its deployment of Vuzix M400™ smart glasses after placing a follow-on order for additional devices, all equipped with subscription-based Zoom licenses to support their goal of boosting operational efficiency and safety during field inspections and service activities.

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Known for their uncommonly pronounced risk/reward profile, penny stocks all too often entice investors with their low prices and potential for significant returns, only to fail to live up to those expectations. The world of penny stocks is also characterized by pump-and-dump and other scams, facilitated by the fact that most penny stock companies do not have an extensive history of financial reporting or an established brand name and presence.

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Vuzix Receives Production Order for Customized Waveguides from a Major Defense Customer

ROCHESTER, N.Y. , Nov. 25, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce the receipt of a six-figure revenue production order for customized waveguides to enable a lightweight heads-up display (HUD).

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Vuzix Announces General Availability of Z100 Smart Glasses

�­­­-     Developers releasing feature rich transcription, navigation, AI and other exciting new apps ROCHESTER, N.Y. , Nov. 20, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and augmented reality (AR) technology and products, today announced the general availability of Vuzix Z100™ smart glasses,  priced at just $499.

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Vuzix M-Series Smart Glasses Now Certified for Use with Microsoft Intune

Certification of leading mobile device management (MDM) solution will allow Vuzix customers to manage and secure their M400 and M4000 AR smart glasses from one central location ROCHESTER, N.Y. , Nov. 18, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that its industry-leading M-series AR smart glasses have now been certified for use with Microsoft Intune, a leading cloud-based Mobile Device Management (MDM) solution.

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Vuzix Corporation (VUZI) Q3 2024 Earnings Call Transcript

Vuzix Corporation (NASDAQ:VUZI ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Ed McGregor - Director, Investor Relations Paul Travers - President and Chief Executive Officer Grant Russell - Executive Vice President and Chief Financial Officer Operator Greetings and welcome to the Vuzix Second Quarter for the Period Ending September 30th, 2024 Financial Results and Business Update Call. At this time, all participants are in a listen-only mode.

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Vuzix Reports Third Quarter 2024 Results

ROCHESTER, N.Y. , Nov. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2024, and provided updates on its strategic progress.

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Vuzix Schedules Conference Call to Discuss Third Quarter 2024 Financial Results and Business Update

ROCHESTER, N.Y. , Nov. 4, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will host a conference call regarding its third quarter 2024 operating results at 4:30 PM Eastern Time (ET), November 14, 2024.

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Vuzix to Discuss Its Industry-Leading Waveguide and AI/AR Smart Glasses Solutions at the ThinkEquity Conference 2024

ROCHESTER, N.Y. , Oct. 28, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI/AR smart glasses, technologies and optical components, is pleased to announce that the Company will be attending and presenting at the ThinkEquity Conference 2024, being held at the Mandarin Oriental Hotel in New York City on October 30, 2024.

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Vuzix Announces Android 13 Upgrade and Support for Its Industry-Leading M400 Enterprise Smart Glasses

ROCHESTER, N.Y. , Oct. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it is releasing  for general availability a full final version of the Android™ 13 mobile operating system for its flagship M400™ enterprise smart glasses, underscoring the Company's firm commitment to device security and meeting customer needs.

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Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success

- Partnership and strategic $20 million investment by Quanta Computer with the first $10 million received; focused on manufacturing waveguides at scale and developing AI smart glasses for the broad markets. - Vuzix waveguide technology continues to lead and is the core of AI smart glasses.

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Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and Investment

ROCHESTER, N.Y. , Sept. 26, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of smart glasses and Augmented Reality (AR) technology, today announced an expanded focus on OEM partnerships and waveguide manufacturing following its recent strategic investment by Quanta Computer Inc., a global ODM leader.

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Vuzix Receives $10 Million First Tranche Investment from Quanta Computer

Quanta investment part of a total $20 million strategic investment agreement to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y. , Sept. 16, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that it has completed the closing of the first investment tranche, for the sale of $10 million in common stock at $1.30 per share, under its previously announced September 3, 2024 purchase agreement with Quanta Computer Inc. "Feedback thus far from both our investors and potential industry partners and customers since our prior September 3 rd announcement has been very positive," said Paul Travers, President and CEO of Vuzix.

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Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply Partnership

Vuzix to receive a $20 million dollar investment in 3 tranches from Quanta Computer, one of the world's largest ODMs Quanta investment to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y. , Sept. 3, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce Quanta Computer Inc. (TWSE: 2382.TW), ("Quanta"), a global Fortune 500 company and worldwide leading Original Design Manufacturer (ODM), has entered into a $20 million three-tranche strategic investment in Vuzix consisting of common and preferred stock of Vuzix.

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Vuzix's (VUZI) Smart Glasses to Power AR-Based Safety Solution

Vuzix (VUZI) announces that its Z100 Smart Glasses have been selected by GPS Tuner to use in heads-up augmented reality display for eBike users to enhance safety.

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