2014 Q3 Form 10-Q Financial Statement
#000114420414050138 Filed on August 14, 2014
Income Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q4 |
---|---|---|---|
Revenue | $664.6K | $723.3K | $610.0K |
YoY Change | 96.15% | 3.29% | -14.08% |
Cost Of Revenue | $460.2K | $462.2K | $650.0K |
YoY Change | 142.19% | 13.68% | 16.07% |
Gross Profit | $204.4K | $261.0K | -$40.00K |
YoY Change | 37.34% | -11.09% | -126.67% |
Gross Profit Margin | 30.75% | 36.09% | -6.56% |
Selling, General & Admin | $929.0K | $789.3K | $900.0K |
YoY Change | 19.27% | -11.31% | 4.65% |
% of Gross Profit | 454.61% | 302.4% | |
Research & Development | $484.5K | $295.6K | $540.0K |
YoY Change | 3.02% | -29.8% | 28.57% |
% of Gross Profit | 237.1% | 113.23% | |
Depreciation & Amortization | $60.00K | $100.0K | $100.0K |
YoY Change | -33.33% | 11.11% | 11.11% |
% of Gross Profit | 29.36% | 38.31% | |
Operating Expenses | $1.414M | $1.085M | $1.530M |
YoY Change | 13.15% | 157.68% | 12.5% |
Operating Profit | -$1.269M | -$925.3K | -$1.570M |
YoY Change | 6.09% | -16.48% | 29.75% |
Interest Expense | $66.33K | $25.47K | -$3.330M |
YoY Change | -78.43% | -88.99% | 1981.25% |
% of Operating Profit | |||
Other Income/Expense, Net | -$2.032M | $1.164M | $550.0K |
YoY Change | 207.63% | -312.15% | |
Pretax Income | -$3.301M | $239.1K | -$5.740M |
YoY Change | 77.81% | -114.43% | 304.23% |
Income Tax | $0.00 | $0.00 | -$40.00K |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$3.301M | $239.1K | -$5.700M |
YoY Change | 77.81% | -114.43% | 301.41% |
Net Earnings / Revenue | -496.75% | 33.06% | -934.43% |
Basic Earnings Per Share | -$0.31 | $0.02 | |
Diluted Earnings Per Share | -$312.5K | $0.02 | -$591.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 10.56M shares | 10.29M shares | 9.541M shares |
Diluted Shares Outstanding | 11.23M shares |
Balance Sheet
Concept | 2014 Q3 | 2014 Q2 | 2013 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $600.0K | $2.000M | $300.0K |
YoY Change | -76.92% | 1900.0% | 200.0% |
Cash & Equivalents | $564.3K | $1.979M | $310.1K |
Short-Term Investments | |||
Other Short-Term Assets | $200.0K | $100.0K | $200.0K |
YoY Change | 100.0% | -75.0% | -33.33% |
Inventory | $1.100M | $916.8K | $953.6K |
Prepaid Expenses | |||
Receivables | $100.0K | $166.1K | $214.9K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $2.000M | $3.115M | $1.680M |
YoY Change | -42.22% | 155.83% | 38.85% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $400.0K | $353.6K | $446.3K |
YoY Change | -22.98% | -31.04% | -32.88% |
Goodwill | |||
YoY Change | |||
Intangibles | $514.6K | $495.6K | |
YoY Change | -6.69% | -10.1% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $124.2K | $134.7K | $0.00 |
YoY Change | -32.66% | ||
Total Long-Term Assets | $1.900M | $1.726M | $1.182M |
YoY Change | 77.68% | 34.57% | -2.78% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.000M | $3.115M | $1.680M |
Total Long-Term Assets | $1.900M | $1.726M | $1.182M |
Total Assets | $3.900M | $4.841M | $2.862M |
YoY Change | -13.92% | 93.63% | 17.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.700M | $2.093M | $2.421M |
YoY Change | -29.01% | -40.2% | -16.43% |
Accrued Expenses | $634.3K | $582.7K | $591.2K |
YoY Change | 3.63% | -47.03% | 13.76% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $100.0K | $200.0K | $300.0K |
YoY Change | -75.0% | -66.67% | -25.0% |
Long-Term Debt Due | $98.11K | $100.0K | $99.32K |
YoY Change | -1.96% | -94.12% | -90.63% |
Total Short-Term Liabilities | $2.875M | $3.114M | $3.661M |
YoY Change | -22.24% | -60.81% | -28.92% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.100M | $1.208M | $170.5K |
YoY Change | 400.61% | -8.44% | -90.06% |
Other Long-Term Liabilities | $10.00M | $9.000M | $12.10M |
YoY Change | 16.28% | 373.68% | 611.76% |
Total Long-Term Liabilities | $11.10M | $10.20M | $12.24M |
YoY Change | 25.72% | 214.2% | 251.22% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.875M | $3.114M | $3.661M |
Total Long-Term Liabilities | $11.10M | $10.20M | $12.24M |
Total Liabilities | $13.90M | $13.31M | $15.90M |
YoY Change | 10.96% | 18.93% | 84.13% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$34.54M | -$36.29M | |
YoY Change | 38.81% | ||
Common Stock | $10.32K | $9.600K | |
YoY Change | 191.63% | 171.42% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$10.00M | -$8.472M | -$13.04M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.900M | $4.841M | $2.862M |
YoY Change | -13.92% | 93.9% | 17.98% |
Cashflow Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.301M | $239.1K | -$5.700M |
YoY Change | 77.81% | -114.43% | 301.41% |
Depreciation, Depletion And Amortization | $60.00K | $100.0K | $100.0K |
YoY Change | -33.33% | 11.11% | 11.11% |
Cash From Operating Activities | -$1.370M | -$910.0K | -$2.240M |
YoY Change | -35.07% | 89.58% | 622.58% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$290.0K | -$260.0K | -$320.0K |
YoY Change | 190.0% | 2500.0% | 700.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | -$290.0K | -$260.0K | -$320.0K |
YoY Change | 190.0% | 2500.0% | 966.67% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 260.0K | 2.870M | 300.0K |
YoY Change | -94.47% | 7075.0% | 25.0% |
NET CHANGE | |||
Cash From Operating Activities | -1.370M | -910.0K | -2.240M |
Cash From Investing Activities | -290.0K | -260.0K | -320.0K |
Cash From Financing Activities | 260.0K | 2.870M | 300.0K |
Net Change In Cash | -1.400M | 1.700M | -2.260M |
YoY Change | -156.22% | -477.78% | 2160.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.370M | -$910.0K | -$2.240M |
Capital Expenditures | -$290.0K | -$260.0K | -$320.0K |
Free Cash Flow | -$1.080M | -$650.0K | -$1.920M |
YoY Change | -46.27% | 38.3% | 611.11% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2092915 | USD |
CY2014Q2 | us-gaap |
Assets
Assets
|
4840687 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
2862121 | USD |
CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
353641 | USD |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2420571 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
446329 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
16365 | USD |
CY2014Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
10198461 | USD |
CY2014Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
582691 | USD |
CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
554264 | USD |
CY2014Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
38800 | USD |
CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
75851 | USD |
CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3114482 | USD |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3660855 | USD |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1971311 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
310140 | USD |
CY2014Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
166137 | USD |
CY2014Q2 | us-gaap |
Inventory Net
InventoryNet
|
916826 | USD |
CY2014Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
60736 | USD |
CY2014Q2 | us-gaap |
Assets Current
AssetsCurrent
|
3115010 | USD |
CY2014Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
722758 | USD |
CY2014Q2 | us-gaap |
Notes Payable
NotesPayable
|
159986 | USD |
CY2013Q4 | us-gaap |
Notes Payable
NotesPayable
|
278467 | USD |
CY2014Q2 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
20372 | USD |
CY2013Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
24670 | USD |
CY2014Q2 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
67106 | USD |
CY2013Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
170777 | USD |
CY2014Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
54506 | USD |
CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
36935 | USD |
CY2014Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1207794 | USD |
CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
170496 | USD |
CY2014Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
8961351 | USD |
CY2014Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
514593 | USD |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
495608 | USD |
CY2013Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
12035816 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-237 | USD | |
CY2013Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
3324 | USD |
CY2013Q2 | us-gaap |
Cost Of Services
CostOfServices
|
91342 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
744007 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
912489 | USD | |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
214920 | USD |
CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
953627 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
200936 | USD |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1679623 | USD |
CY2013Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
240561 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-925300 | USD |
us-gaap |
Taxes Other
TaxesOther
|
16937 | USD | |
us-gaap |
Taxes Other
TaxesOther
|
46535 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1439378 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1521676 | USD | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3536856 | shares |
CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-34541516 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-36292532 | USD |
CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8472256 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13038293 | USD |
CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4840687 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2862121 | USD |
CY2014Q2 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
6009 | USD |
CY2013Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
16882 | USD |
CY2014Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
23307 | USD |
CY2013Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
12239559 | USD |
CY2014Q2 | us-gaap |
Liabilities
Liabilities
|
13312943 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
15900414 | USD |
CY2014Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
10315 | USD |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9600 | USD |
CY2014Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
26058945 | USD |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
23244639 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
1918449 | USD | |
CY2014Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
705196 | shares |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1586691 | USD | |
CY2014Q2 | vuzi |
Working Capital Deficit
WorkingCapitalDeficit
|
528 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1260019 | shares | |
CY2014Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
941467 | shares |
CY2014Q2 | us-gaap |
Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
|
1131537 | USD |
CY2013Q4 | us-gaap |
Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
|
1094250 | USD |
CY2014Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
47983 | USD |
CY2013Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
153065 | USD |
CY2014Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
373214 | USD |
CY2013Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
280279 | USD |
CY2014Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
635908 | USD |
CY2013Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
573967 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1120521 | USD | |
CY2014Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
609887 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
262371 | USD | |
CY2013Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
188334 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
113371 | USD |
CY2013Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
700195 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
723258 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
597291 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
807457 | USD | |
CY2013Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
315280 | USD |
CY2014Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
416808 | USD |
us-gaap |
Cost Of Services
CostOfServices
|
146716 | USD | |
us-gaap |
Cost Of Services
CostOfServices
|
105032 | USD | |
CY2014Q2 | us-gaap |
Cost Of Services
CostOfServices
|
45432 | USD |
CY2013Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
406622 | USD |
CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
462240 | USD |
us-gaap |
Gross Profit
GrossProfit
|
695371 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
609187 | USD | |
CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
293573 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
261018 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
738721 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
692974 | USD | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
421026 | USD |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
295552 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
562484 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
621322 | USD | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
602065 | USD |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
532561 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
188960 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
201143 | USD | |
CY2013Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
90612 | USD |
CY2014Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
101438 | USD |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1107871 | USD |
CY2013Q2 | us-gaap |
Taxes Other
TaxesOther
|
3241 | USD |
CY2014Q2 | us-gaap |
Taxes Other
TaxesOther
|
25093 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-9745 | USD | |
CY2014Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
3713 | USD |
us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
294548 | USD | |
us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
-3823818 | USD | |
CY2013Q2 | us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
280261 | USD |
CY2014Q2 | us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
-1248556 | USD |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
47019 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
40214 | USD | |
CY2013Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
37292 | USD |
CY2014Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
33889 | USD |
us-gaap |
Interest Expense
InterestExpense
|
411238 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
67367 | USD | |
CY2013Q2 | us-gaap |
Interest Expense
InterestExpense
|
231395 | USD |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
28877 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
239110 | USD |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.73 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-779487 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3669465 | USD | |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-548865 | USD |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1164410 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2593034 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1751016 | USD | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-1656736 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
239110 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2593034 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1751016 | USD | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1656736 | USD |
CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.47 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2014Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2014Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000 | shares |
CY2014Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10315141 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9600453 | shares |
CY2014Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
10315141 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9600453 | shares |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.73 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.47 | |
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3536856 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10135387 | shares | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3536856 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10285453 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3536856 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11395405 | shares | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11226921 | shares |
CY2013 | us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
39700 | USD |
us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
56252 | USD | |
CY2014Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
96238 | USD |
CY2013Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
91385 | USD |
CY2014Q2 | vuzi |
Accrued Compensation
AccruedCompensation
|
404036 | USD |
CY2013Q4 | vuzi |
Accrued Compensation
AccruedCompensation
|
360670 | USD |
CY2014Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
40000 | USD |
CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
69500 | USD |
CY2014Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
32982 | USD |
CY2013Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
31619 | USD |
CY2014Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
9435 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1090 | USD |
CY2013Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
31619 | USD |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
44802 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
46265 | USD | |
CY2014Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
32982 | USD |
vuzi |
Officers Compensation Payable Compounding Monthly Interest Rate
OfficersCompensationPayableCompoundingMonthlyInterestRate
|
0.08 | pure | |
us-gaap |
Depreciation
Depreciation
|
188960 | USD | |
us-gaap |
Depreciation
Depreciation
|
201143 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
38694 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
38694 | USD | |
vuzi |
Amortization Of Debt Issuance Costs
AmortizationOfDebtIssuanceCosts
|
12573 | USD | |
vuzi |
Amortization Of Debt Issuance Costs
AmortizationOfDebtIssuanceCosts
|
3405 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
54940 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-48783 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-201080 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-36801 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1197 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-140200 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
615635 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-327655 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
105899 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
28427 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-19268 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-103671 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
6417 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-37051 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
100000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
0 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
316431 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
24513 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-738789 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1978999 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10051 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
83619 | USD | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
0 | USD | |
CY2014Q1 | vuzi |
Class Of Warrant Or Right Exercised In Period
ClassOfWarrantOrRightExercisedInPeriod
|
665000 | shares |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
482196 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
26944 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
43821 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-36995 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-609636 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
36074 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
15171 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
148421 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
183624 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
800000 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
3000000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
208237 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
138090 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
382884 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
790152 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4249806 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
14368 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1661171 | USD | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
66554 | USD |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
80922 | USD |
us-gaap |
Interest Paid
InterestPaid
|
-85036 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
-42854 | USD | |
vuzi |
Discount Senior Convertible Debenture Attributed To Warrants
DiscountSeniorConvertibleDebentureAttributedToWarrants
|
621012 | USD | |
vuzi |
Discount Senior Convertible Debenture Attributed To Warrants
DiscountSeniorConvertibleDebentureAttributedToWarrants
|
0 | USD | |
vuzi |
Warrants Granted For Senior Convertible Debenture Issuance Costs
WarrantsGrantedForSeniorConvertibleDebentureIssuanceCosts
|
66603 | USD | |
vuzi |
Warrants Granted For Senior Convertible Debenture Issuance Costs
WarrantsGrantedForSeniorConvertibleDebentureIssuanceCosts
|
0 | USD | |
CY2014Q2 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
0 | USD |
CY2014Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
0 | USD |
CY2014Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
8961351 | USD |
CY2014Q2 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
8961351 | USD |
CY2014Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
8363751 | USD |
CY2014Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
7052566 | USD |
CY2013Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
12035816 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
294548 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3793616 | USD | |
CY2013Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
280261 | USD |
CY2014Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1218354 | USD |
CY2014Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
5218092 | shares |
CY2014Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1305900 | USD |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
269816 | USD |
CY2014Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
123408 | USD |
CY2014Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
123408 | USD |
CY2014Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
29559 | USD |
CY2014Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
3000000 | USD |
CY2014Q2 | vuzi |
Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
|
0 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11405522 | USD |
CY2014Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
30500000 | USD |
vuzi |
Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
|
2018 | ||
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;BACKGROUND-COLOR: transparent; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>Note 1 — Basis of Presentation</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;BACKGROUND-COLOR: transparent; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b> </b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The accompanying unaudited Condensed Consolidated Financial Statements of Vuzix Corporation and Subsidiaries (“the Company") have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities and Exchange Commission. Accordingly, the unaudited Condensed Consolidated Financial Statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. The condensed consolidated balance sheet as of December 31, 2013 was derived from the audited Consolidated Financial Statements in Form 10-K.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The accompanying Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements of the Company as of December 31, 2013, as reported in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The results of the Company’s operations for any interim period are not necessarily indicative of the results of the Company’s operations for any other interim period or for a full fiscal year.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2013Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
7147775 | shares |
CY2014Q2 | vuzi |
Class Of Warrant Or Right Exercised In Period
ClassOfWarrantOrRightExercisedInPeriod
|
61896 | shares |
CY2014Q1 | vuzi |
Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
|
0 | shares |
CY2014Q2 | vuzi |
Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
|
0 | shares |
CY2014Q1 | vuzi |
Class Of Warrant Or Right Expired In Period
ClassOfWarrantOrRightExpiredInPeriod
|
57668 | shares |
CY2014Q2 | vuzi |
Class Of Warrant Or Right Expired In Period
ClassOfWarrantOrRightExpiredInPeriod
|
0 | shares |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
6425107 | shares |
CY2014Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
6363211 | shares |
vuzi |
Class Of Warrant Or Right Outstanding Weighted Average Remaining Contractual Terms
ClassOfWarrantOrRightOutstandingWeightedAverageRemainingContractualTerms
|
P3Y8M12D | ||
invest |
Investment Warrants Exercise Price
InvestmentWarrantsExercisePrice
|
2.74 | ||
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
214518 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
0 | shares | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
214518 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
9.72 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0 | ||
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
9.72 | |
CY2013Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
1.71 | |
CY2013Q4 | vuzi |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperLimit
|
17.50 | |
vuzi |
Share Based Compensation Arrangement By Share Based Payment Award Options Expired And Forfeited Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredAndForfeitedExercisePrice
|
0 | ||
CY2014Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
1.71 | |
CY2014Q2 | vuzi |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit Balance
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimitBalance
|
17.50 | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
209222 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
9.69 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y7M6D | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
CY2014Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
50524 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P7M6D | ||
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
5296 | shares |
vuzi |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
10.74 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P6Y1M6D | ||
CY2014Q2 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
15222 | USD |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Vuzix Corp | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001463972 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Trading Symbol
TradingSymbol
|
VUZI | ||
CY2014Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
10563196 | shares |
CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
134685 | USD |
CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | USD |
vuzi |
Discount On Senior Convertible Debt Attributed To Embedded Conversion Price Adjustment Option
DiscountOnSeniorConvertibleDebtAttributedToEmbeddedConversionPriceAdjustmentOption
|
1938988 | USD | |
vuzi |
Fair Value Of Debt Embedded Conversion Price Adjustment Option
FairValueOfDebtEmbeddedConversionPriceAdjustmentOption
|
1908786 | USD | |
CY2014Q2 | vuzi |
Fair Value Of Debt Embedded Conversion Price Adjustment Option
FairValueOfDebtEmbeddedConversionPriceAdjustmentOption
|
1938988 | USD |
CY2014Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
3000000 | USD |
CY2014Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3276375 | USD |
CY2014Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1970475 | USD |