Vuzix Corp - Understand $vuzi stock

$VUZI Market Cap: $71.24 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$6.343M

TTM

Gross Margin

-110.49%

TTM

Net Earnings

-$81.52M

TTM

Current Assets

$24.66M

Q2 2024

Current Liabilities

$2.587M

Q2 2024

Current Ratio

953.4%

Q2 2024

Total Assets

$38.23M

Q2 2024

Total Liabilities

$2.827M

Q2 2024

Book Value

$35.41M

Q2 2024

Cash

$9.881M

Q2 2024

P/E

-0.8739

Sep 18, 2024 EST

Free Cash Flow

-$35.06M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$12.13M	$11.84M	$13.16M	$11.58M	$6.671M	$8.094M	$5.538M	$2.127M	$2.750M	$3.032M	$2.389M	$3.228M	$13.05M	$12.26M	$11.89M	$12.49M	$10.15M	$9.540M
YoY Change	2.48%	-10.1%	13.67%	73.62%	-17.59%	46.17%	160.31%	-22.64%	-9.3%	26.92%	-25.99%	-75.27%	6.52%	3.11%	-4.84%	23.05%	6.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$12.13M	$11.84M	$13.16M	$11.58M	$6.671M	$8.094M	$5.538M	$2.127M	$2.750M	$3.032M	$2.389M	$3.228M	$13.05M	$12.26M	$11.89M	$12.49M	$10.15M	$9.540M
Cost Of Revenue	$14.76M	$10.35M	$10.71M	$9.654M	$11.08M	$6.326M	$6.214M	$3.291M	$2.184M	$2.102M	$1.582M	$2.341M	$8.314M	$8.453M	$7.609M	$8.790M	$6.780M	$5.770M
Gross Profit	-$2.635M	$1.483M	$2.451M	$1.928M	-$4.408M	$1.768M	-$676.6K	-$1.164M	$566.2K	$930.2K	$807.0K	$887.2K	$4.740M	$3.803M	$4.277M	$3.700M	$3.360M	$3.770M
Gross Profit Margin	-21.72%	12.53%	18.62%	16.64%	-66.08%	21.85%	-12.22%	-54.7%	20.59%	30.68%	33.78%	27.48%	36.31%	31.03%	35.98%	29.62%	33.1%	39.52%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$31.30M	$29.12M	$28.62M	$10.95M	$10.82M	$11.80M	$9.821M	$8.509M	$7.918M	$3.826M	$3.257M	$3.406M	$4.682M	$5.147M	$4.498M	$4.430M	$3.640M	$2.750M
YoY Change	7.51%	1.73%	161.27%	1.29%	-8.31%	20.11%	15.43%	7.46%	106.96%	17.47%	-4.39%	-27.25%	-9.03%	14.42%	1.54%	21.7%	32.36%
% of Gross Profit		1963.22%	1167.83%	568.32%		667.08%			1398.51%	411.31%	403.6%	383.96%	98.78%	135.35%	105.17%	119.73%	108.33%	72.94%
Research & Development	$12.34M	$12.68M	$11.67M	$7.568M	$8.901M	$10.38M	$6.707M	$6.948M	$3.595M	$1.753M	$1.751M	$1.153M	$2.122M	$2.039M	$2.218M	$3.370M	$2.370M	$1.280M
YoY Change	-2.66%	8.58%	54.27%	-14.97%	-14.24%	54.75%	-3.47%	93.24%	105.15%	0.07%	51.85%	-45.65%	4.11%	-8.07%	-34.2%	42.19%	85.16%
% of Gross Profit		854.73%	476.36%	392.61%		586.94%			635.03%	188.41%	217.04%	130.0%	44.78%	53.61%	51.85%	91.08%	70.54%	33.95%
Depreciation & Amortization	$4.932M	$869.5K	$1.306M	$1.904M	$1.913M	$1.274M	$1.210M	$1.060M	$670.0K	$279.3K	$377.8K	$468.8K	$468.8K	$444.4K	$522.5K	$510.0K	$370.0K	$280.0K
YoY Change	467.19%	-33.45%	-31.39%	-0.48%	50.24%	5.25%	14.15%	58.21%	139.87%	-26.08%	-19.41%	0.0%	5.51%	-14.95%	2.44%	37.84%	32.14%
% of Gross Profit		58.63%	53.31%	98.79%		72.02%			118.34%	30.03%	46.82%	52.84%	9.89%	11.69%	12.22%	13.78%	11.01%	7.43%
Operating Expenses	$47.49M	$43.72M	$42.43M	$21.06M	$22.16M	$23.63M	$18.68M	$17.37M	$11.91M	$5.962M	$5.460M	$5.093M	$7.309M	$7.680M	$7.238M	$8.310M	$6.380M	$4.310M
YoY Change	8.63%	3.03%	101.52%	-4.98%	-6.23%	26.51%	7.52%	45.89%	99.71%	9.21%	7.19%	-30.31%	-4.84%	6.1%	-12.9%	30.25%	48.03%
Operating Profit	-$50.12M	-$42.23M	-$39.98M	-$19.13M	-$26.57M	-$21.86M	-$19.35M	-$18.54M	-$11.34M	-$5.032M	-$10.15M	-$4.747M	-$2.569M	-$3.877M	-$2.961M	-$4.610M	-$3.020M	-$540.0K
YoY Change	18.68%	5.63%	109.02%	-28.0%	21.52%	12.95%	4.42%	63.43%	125.37%	-50.4%	113.72%	84.82%	-33.75%	30.93%	-35.76%	52.65%	459.26%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$2.175M	$1.215M	-$89.69K	-$30.00K	$200.0K	$19.33K	$88.23K	$131.1K	$155.2K	$165.3K	$503.8K	$509.9K	$996.0K	$433.1K	$297.2K	-$290.0K	-$240.0K	-$180.0K
YoY Change	79.03%	-1454.65%	198.97%	-115.0%	934.55%	-78.09%	-32.69%	-15.55%	-6.1%	-67.19%	-1.21%	-48.8%	129.97%	45.73%	-202.48%	20.83%	33.33%
% of Operating Profit
Other Income/Expense, Net	-$22.70K	$1.469M	-$397.1K	$1.175M	$89.87K	-$14.92K	-$279.0K	-$714.3K	-$2.086M	-$2.837M	-$5.494M	-$541.2K	-$1.283M	-$664.9K	-$319.4K
YoY Change	-101.55%	-469.9%	-133.78%	1207.74%	-702.4%	-94.65%	-60.95%	-65.76%	-26.46%	-48.37%	915.09%	-57.82%	93.01%	108.18%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	-$50.15M	-$40.76M	-$40.38M	-$17.95M	-$26.48M	-$21.88M	-$19.63M	-$19.25M	-$13.43M	-$7.869M	-$10.15M	-$4.747M	-$3.852M	-$4.542M	-$3.281M	-$4.890M	-$3.160M	-$720.0K
YoY Change	23.02%	0.96%	124.92%	-32.2%	21.03%	11.42%	1.99%	43.36%	70.64%	-22.45%	113.72%	23.25%	-15.2%	38.45%	-32.91%	54.75%	338.89%
Income Tax	$0.00					$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$27.69K	$14.94K	-$30.22K	$10.00K	-$100.0K	$0.00
% Of Pretax Income
Net Earnings	-$50.15M	-$40.76M	-$40.38M	-$17.95M	-$26.48M	-$21.88M	-$19.63M	-$19.25M	-$13.43M	$7.869M	-$10.15M	$322.8K	-$3.880M	-$4.557M	-$3.250M	-$4.900M	-$3.060M	-$720.0K
YoY Change	23.02%	0.96%	124.92%	-32.2%	21.03%	11.42%	1.99%	43.36%	-270.64%	-177.55%	-3242.8%	-108.32%	-14.87%	40.2%	-33.66%	60.13%	325.0%
Net Earnings / Revenue	-413.46%	-344.41%	-306.7%	-155.01%	-396.91%	-270.26%	-354.54%	-904.87%	-488.27%	259.52%	-424.7%	10.0%	-29.72%	-37.18%	-27.35%	-39.23%	-30.15%	-7.55%
Basic Earnings Per Share	-$0.79	-$0.64	-$0.66	-$0.53	-$0.94
Diluted Earnings Per Share	-$0.79	-$0.64	-$0.52	-$0.53	-$0.94	-$805.0K	-$934.3K	-$1.138M	-$871.5K	-$751.0K	-$1.69	$0.09	-$1.10	-$1.299M	-$1.102M	-$1.769M	-$1.239M	-$311.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$26.56M	$72.56M	$120.2M	$36.07M	$10.61M	$17.26M	$14.89M	$14.53M	$11.88M	$80.00K	$310.0K	$70.00K	$420.0K	$2.640M	$2.500M	$820.0K	$370.0K	$570.0K
YoY Change	-63.4%	-39.63%	233.25%	239.96%	-38.53%	15.92%	2.48%	22.31%	14750.0%	-74.19%	342.86%	-83.33%	-84.09%	5.6%	204.88%	121.62%	-35.09%
Cash & Equivalents	$26.56M	$72.56M	$120.2M	$36.07M	$10.61M	$17.26M	$14.89M	$14.53M	$11.88M	$80.00K	$310.0K	$70.00K	$420.0K	$2.640M	$2.500M	$820.0K	$370.0K	$570.0K
Short-Term Investments
Other Short-Term Assets	$1.743M	$3.115M	$2.552M	$1.490M	$1.140M	$2.070M	$1.030M	$940.0K	$980.0K	$580.0K	$200.0K	$290.0K	$100.0K	$160.0K	$40.00K	$170.0K	$240.0K	$0.00
YoY Change	-44.05%	22.05%	71.27%	30.7%	-44.93%	100.97%	9.57%	-4.08%	68.97%	190.0%	-31.03%	190.0%	-37.5%	300.0%	-76.47%	-29.17%
Inventory	$9.000M	$11.27M	$12.15M	$6.100M	$5.710M	$7.280M	$3.850M	$2.650M	$3.350M	$910.0K	$950.0K	$690.0K	$2.540M	$3.750M	$2.960M	$2.310M	$1.980M	$1.160M
Prepaid Expenses
Receivables	$3.993M	$3.828M	$2.242M	$1.390M	$1.370M	$770.0K	$1.470M	$100.0K	$330.0K	$380.0K	$210.0K	$170.0K	$1.080M	$1.360M	$1.450M	$1.410M	$2.910M	$1.980M
Other Receivables	$208.3K	$466.7K	$0.00	$0.00	$250.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$41.50M	$91.24M	$137.2M	$45.06M	$19.07M	$27.38M	$21.24M	$18.23M	$16.53M	$1.960M	$1.680M	$1.210M	$4.140M	$7.900M	$6.950M	$4.710M	$5.500M	$3.710M
YoY Change	-54.52%	-33.47%	204.37%	136.29%	-30.35%	28.91%	16.51%	10.28%	743.37%	16.67%	38.84%	-70.77%	-47.59%	13.67%	47.56%	-14.36%	48.25%
Property, Plant & Equipment	$8.374M	$4.835M	$6.307M	$4.350M	$6.420M	$4.290M	$4.120M	$3.360M	$2.020M	$420.0K	$450.0K	$660.0K	$960.0K	$560.0K	$700.0K	$830.0K	$860.0K	$780.0K
YoY Change	73.21%	-23.35%	45.0%	-32.24%	49.65%	4.13%	22.62%	66.34%	380.95%	-6.67%	-31.82%	-31.25%	71.43%	-20.0%	-15.66%	-3.49%	10.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.434M	$450.0K	$450.0K	$250.0K	$250.0K	$250.0K
YoY Change	1329.81%	0.0%	80.0%	0.0%	0.0%
Other Assets	$0.00	$631.1K	$491.9K		$0.00	$10.00K
YoY Change	-100.0%	28.3%			-100.0%
Total Long-Term Assets	$44.65M	$41.07M	$11.32M	$7.410M	$9.380M	$7.750M	$5.590M	$4.120M	$3.030M	$1.630M	$1.180M	$1.220M	$1.680M	$1.290M	$1.460M	$1.510M	$1.470M	$1.300M
YoY Change	8.71%	262.92%	52.72%	-21.0%	21.03%	38.64%	35.68%	35.97%	85.89%	38.14%	-3.28%	-27.38%	30.23%	-11.64%	-3.31%	2.72%	13.08%
Total Assets	$86.15M	$132.3M	$148.5M	$52.47M	$28.45M	$35.13M	$26.83M	$22.35M	$19.56M	$3.590M	$2.860M	$2.430M	$5.820M	$9.190M	$8.410M	$6.220M	$6.970M	$5.010M
YoY Change
Accounts Payable	$1.571M	$1.212M	$2.055M	$1.520M	$1.060M	$2.670M	$3.730M	$1.090M	$910.0K	$2.180M	$2.420M	$2.900M	$3.770M	$4.130M	$3.940M	$4.760M	$4.030M	$2.740M
YoY Change	29.62%	-41.03%	35.18%	43.4%	-60.3%	-28.42%	242.2%	19.78%	-58.26%	-9.92%	-16.55%	-23.08%	-8.72%	4.82%	-17.23%	18.11%	47.08%
Accrued Expenses	$2.580M	$2.322M	$1.953M	$1.430M	$1.410M	$1.610M	$1.390M	$1.330M	$730.0K	$700.0K	$590.0K	$680.0K	$370.0K	$290.0K	$550.0K	$190.0K	$170.0K	$320.0K
YoY Change	11.13%	18.84%	36.6%	1.42%	-12.42%	15.83%	4.51%	82.19%	4.29%	18.64%	-13.24%	83.78%	27.59%	-47.27%	189.47%	11.76%	-46.88%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$150.0K	$280.0K	$370.0K	$650.0K	$100.0K	$420.0K	$200.0K	$80.00K	$90.00K
YoY Change									-100.0%	-46.43%	-24.32%	-43.08%	550.0%	-76.19%	110.0%	150.0%	-11.11%
Long-Term Debt Due								$1.420M	$60.00K	$150.0K	$120.0K	$1.120M	$5.010M	$910.0K	$820.0K	$640.0K	$170.0K	$360.0K
YoY Change								2266.67%	-60.0%	25.0%	-89.29%	-77.64%	450.55%	10.98%	28.13%	276.47%	-52.78%
Total Short-Term Liabilities	$5.216M	$15.28M	$4.156M	$3.100M	$2.630M	$4.680M	$5.450M	$4.420M	$1.800M	$3.390M	$3.660M	$5.150M	$10.19M	$6.720M	$5.910M	$6.560M	$4.530M	$3.640M
YoY Change	-65.86%	267.57%	34.07%	17.87%	-43.8%	-14.13%	23.3%	145.56%	-46.9%	-7.38%	-28.93%	-49.46%	51.64%	13.71%	-9.91%	44.81%	24.45%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.230M	$980.0K	$190.0K	$1.760M	$1.120M	$4.820M	$300.0K	$560.0K	$1.030M	$1.210M
YoY Change								-100.0%	25.51%	415.79%	-89.2%	57.14%	-76.76%	1506.67%	-46.43%	-45.63%	-14.88%
Other Long-Term Liabilities	$137.7K	$305.2K	$582.9K	$1.070M	$1.570M			$200.0K	$440.0K	$13.62M	$12.05M	$1.730M	$1.330M	$1.070M	$2.530M	$1.190M	$980.0K	$770.0K
YoY Change	-54.88%	-47.65%	-45.53%	-31.85%				-54.55%	-96.77%	13.03%	596.53%	30.08%	24.3%	-57.71%	112.61%	21.43%	27.27%
Total Long-Term Liabilities	$137.7K	$305.2K	$582.9K	$1.070M	$1.570M	$0.00	$0.00	$200.0K	$1.670M	$14.60M	$12.24M	$3.490M	$2.450M	$5.890M	$2.830M	$1.750M	$2.010M	$1.980M
YoY Change	-54.88%	-47.65%	-45.53%	-31.85%			-100.0%	-88.02%	-88.56%	19.28%	250.72%	42.45%	-58.4%	108.13%	61.71%	-12.94%	1.52%
Total Liabilities	$5.354M	$15.58M	$4.739M	$4.170M	$4.210M	$4.680M	$5.450M	$4.620M	$3.470M	$17.99M	$15.90M	$8.640M	$12.64M	$12.60M	$8.740M	$8.310M	$6.540M	$5.620M
YoY Change	-65.64%	228.81%	13.65%	-0.95%	-10.04%	-14.13%	17.97%	33.14%	-80.71%	13.14%	84.03%	-31.65%	0.32%	44.16%	5.17%	27.06%	16.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2013	2012
Basic Shares Outstanding	63.43M	63.71M	61.13M	38.11M	30.35M	5.989M shares	3.537M shares
Diluted Shares Outstanding	63.43M	63.71M	61.13M	38.11M	30.35M	5.989M shares	3.651M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $71.243 Million

About Vuzix Corp

Vuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. The company is headquartered in West Henrietta, New York and currently employs 94 full-time employees. The company went IPO on 2009-12-23. The firm offers its products in the form of smart glasses and augmented reality (AR) glasses. Its devices include cameras, sensors, and a computer that enable the user to view, record and interact with video and digital content, such as computer data, the Internet and entertainment applications. Its wearable display products integrate micro-display technology with optics to produce compact high-resolution display engines. Its products include M400 and M4000 Smart Glasses (M series), Vuzix Blade Smart Glasses, Vuzix Shield Smart Glasses, Vuzix Ultralite Smart Glasses and Mobilium Logistics Mobility Software. The company holds over 375 patents and patents pending, and numerous intellectual property (IP) licenses in the Video Eyewear field. The company also offers SAP Certified ERP Software-as-a-Service (SaaS) logistics solutions, through its subsidiary, Moviynt.

Industry: Radio & Tv Broadcasting & Communications Equipment Peers: VOXX International Corp GoPro Inc Koss Corp /entities/rime Snap One Holdings Corp. Sonos Inc Universal Electronics Inc Vizio Holding Corp