Vuzix Corporation (VUZI) Financials

$5.38

north_east $0.12 (2.19%)
Day's range
$5.08
Day's range
$5.49

VUZI Income statement / Annual

Last year (2023), Vuzix Corporation's total revenue was $12.13 M, an increase of 2.48% from the previous year. In 2023, Vuzix Corporation's net income was -$50.15 M. See Vuzix Corporation,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $12.13 M $11.84 M $13.17 M $11.58 M $6.67 M $8.09 M $5.54 M $2.13 M $2.75 M $3.03 M
Cost of Revenue $13.88 M $10.35 M $10.71 M $9.65 M $11.08 M $6.33 M $6.21 M $3.29 M $2.18 M $2.10 M
Gross Profit -$1.75 M $1.48 M $2.45 M $1.93 M -$4.41 M $1.77 M -$676,598.00 -$1.16 M $566,186.00 $930,165.00
Gross Profit Ratio -0.14 0.13 0.19 0.17 -0.66 0.22 -0.12 -0.55 0.21 0.31
Research and Development Expenses $12.34 M $12.68 M $11.68 M $7.57 M $8.90 M $10.38 M $6.71 M $6.95 M $3.60 M $1.75 M
General & Administrative Expenses $18.59 M $21.04 M $22.50 M $6.92 M $6.60 M $6.97 M $6.13 M $5.11 M $6.12 M $2.59 M
Selling & Marketing Expenses $12.71 M $8.08 M $6.12 M $4.04 M $4.22 M $4.82 M $3.69 M $3.39 M $1.80 M $1.23 M
Selling, General & Administrative Expenses $31.30 M $29.12 M $28.62 M $10.96 M $10.82 M $11.80 M $9.82 M $8.51 M $7.92 M $3.83 M
Other Expenses $6.91 M $1.79 M $1.87 M $2.46 M $2.44 M -$14,919.00 $1.03 M -$714,322.00 $435,273.00 $362,736.00
Operating Expenses $50.55 M $43.58 M $42.17 M $20.98 M $22.16 M $23.64 M $17.55 M $16.23 M $11.95 M $5.94 M
Cost And Expenses $64.43 M $53.94 M $52.88 M $30.64 M $33.24 M $29.97 M $23.77 M $19.52 M $14.13 M $8.04 M
Interest Income $0.00 $1.40 M $53,511.00 $41,120.00 $252,415.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $0.00 $0.00 $0.00 $0.00 $0.00 $19,332.00 $243,994.00 $617,945.00 $907,191.00 $585,655.00
Depreciation & Amortization $4.93 M $2.59 M $2.79 M $3.03 M $2.66 M $1.57 M $1.21 M $1.06 M $667,291.00 $350,930.00
EBITDA -$45.42 M -$39.89 M -$37.59 M -$14.92 M -$23.81 M -$20.29 M -$18.16 M -$17.80 M -$11.81 M -$6.93 M
EBITDA Ratio -3.74 -3.39 -2.85 -1.43 -3.62 -2.52 -3.08 -7.27 -3.91 -1.54
Operating Income Ratio -4.31 -3.56 -3.02 -1.65 -3.98 -2.7 -3.5 -8.71 -4.12 -1.66
Total Other Income/Expenses Net $2.15 M $1.47 M -$397,053.00 $1.18 M $89,872.00 -$14,919.00 -$278,956.00 -$714,322.00 -$2.09 M -$2.84 M
Income Before Tax -$50.15 M -$40.76 M -$40.38 M -$17.95 M -$26.48 M -$21.88 M -$19.63 M -$19.25 M -$13.43 M -$7.87 M
Income Before Tax Ratio -4.13 -3.44 -3.07 -1.55 -3.97 -2.7 -3.55 -9.05 -4.88 -2.6
Income Tax Expense $0.00 -$1.47 M $264,000.00 $74,000.00 $2.27 M -$58,191.00 $278,956.00 $714,322.00 $2.04 M $2.86 M
Net Income -$50.15 M -$39.30 M -$40.64 M -$18.03 M -$26.48 M -$21.88 M -$19.63 M -$19.25 M -$13.43 M -$7.87 M
Net Income Ratio -4.13 -3.32 -3.09 -1.56 -3.97 -2.7 -3.55 -9.05 -4.88 -2.6
EPS -0.79 -0.62 -0.66 -0.47 -0.87 -0.8 -0.93 -1.14 -0.87 -0.75
EPS Diluted -0.79 -0.62 -0.66 -0.47 -0.87 -0.8 -0.93 -1.14 -0.87 -0.75
Weighted Average Shares Out $63.43 M $63.71 M $61.13 M $38.11 M $30.35 M $27.18 M $21.01 M $16.91 M $15.41 M $10.48 M
Weighted Average Shares Out Diluted $63.43 M $63.71 M $61.13 M $38.11 M $30.35 M $27.18 M $21.01 M $16.91 M $15.41 M $10.48 M
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