2015 Q2 Form 10-Q Financial Statement
#000114420415049041 Filed on August 13, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q4 | 2014 Q2 |
---|---|---|---|
Revenue | $427.8K | $850.0K | $723.3K |
YoY Change | -40.85% | 39.34% | 3.29% |
Cost Of Revenue | $392.5K | $730.0K | $462.2K |
YoY Change | -15.08% | 12.31% | 13.68% |
Gross Profit | $35.26K | $120.0K | $261.0K |
YoY Change | -86.49% | -400.0% | -11.09% |
Gross Profit Margin | 8.24% | 14.12% | 36.09% |
Selling, General & Admin | $1.369M | $1.260M | $789.3K |
YoY Change | 73.38% | 40.0% | -11.31% |
% of Gross Profit | 3880.75% | 1050.0% | 302.4% |
Research & Development | $732.5K | $580.0K | $295.6K |
YoY Change | 147.84% | 7.41% | -29.8% |
% of Gross Profit | 2077.16% | 483.33% | 113.23% |
Depreciation & Amortization | $150.0K | $90.00K | $100.0K |
YoY Change | 50.0% | -10.0% | 11.11% |
% of Gross Profit | 425.36% | 75.0% | 38.31% |
Operating Expenses | $2.101M | $1.850M | $1.085M |
YoY Change | 93.66% | 20.92% | 157.68% |
Operating Profit | -$2.144M | -$1.730M | -$925.3K |
YoY Change | 131.74% | 10.19% | -16.48% |
Interest Expense | $37.69K | -$4.480M | $25.47K |
YoY Change | 47.98% | 34.53% | -88.99% |
% of Operating Profit | |||
Other Income/Expense, Net | -$258.0K | -$30.00K | $1.164M |
YoY Change | -122.16% | -105.45% | -312.15% |
Pretax Income | -$2.402M | -$6.320M | $239.1K |
YoY Change | -1104.7% | 10.1% | -114.43% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$2.402M | -$6.320M | $239.1K |
YoY Change | -1104.7% | 10.88% | -114.43% |
Net Earnings / Revenue | -561.54% | -743.53% | 33.06% |
Basic Earnings Per Share | -$0.17 | $0.02 | |
Diluted Earnings Per Share | -$0.17 | -$570.4K | $0.02 |
COMMON SHARES | |||
Basic Shares Outstanding | 15.93M shares | 11.15M shares | 10.29M shares |
Diluted Shares Outstanding | 15.93M shares | 11.23M shares |
Balance Sheet
Concept | 2015 Q2 | 2014 Q4 | 2014 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $20.00M | $100.0K | $2.000M |
YoY Change | 900.0% | -66.67% | 1900.0% |
Cash & Equivalents | $15.05M | $84.97K | $1.979M |
Short-Term Investments | $5.000M | ||
Other Short-Term Assets | $1.400M | $600.0K | $100.0K |
YoY Change | 1300.0% | 200.0% | -75.0% |
Inventory | $1.087M | $900.0K | $916.8K |
Prepaid Expenses | |||
Receivables | $84.38K | $400.0K | $166.1K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $22.60M | $1.959M | $3.115M |
YoY Change | 625.5% | 16.66% | 155.83% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $500.0K | $417.0K | $353.6K |
YoY Change | 41.39% | -6.58% | -31.04% |
Goodwill | |||
YoY Change | |||
Intangibles | $514.3K | $423.5K | $514.6K |
YoY Change | -0.06% | -14.55% | -6.69% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $89.49K | $112.5K | $134.7K |
YoY Change | -33.56% | -32.66% | |
Total Long-Term Assets | $1.701M | $1.628M | $1.726M |
YoY Change | -1.45% | 37.69% | 34.57% |
TOTAL ASSETS | |||
Total Short-Term Assets | $22.60M | $1.959M | $3.115M |
Total Long-Term Assets | $1.701M | $1.628M | $1.726M |
Total Assets | $24.30M | $3.588M | $4.841M |
YoY Change | 401.99% | 25.35% | 93.63% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $700.0K | $2.184M | $2.093M |
YoY Change | -66.55% | -9.79% | -40.2% |
Accrued Expenses | $719.8K | $699.1K | $582.7K |
YoY Change | 23.54% | 18.25% | -47.03% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $100.0K | $200.0K |
YoY Change | -100.0% | -66.67% | -66.67% |
Long-Term Debt Due | $100.0K | $128.4K | $100.0K |
YoY Change | 0.0% | 29.3% | -94.12% |
Total Short-Term Liabilities | $1.594M | $3.387M | $3.114M |
YoY Change | -48.82% | -7.49% | -60.81% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.100M | $1.089M | $1.208M |
YoY Change | -8.92% | 538.72% | -8.44% |
Other Long-Term Liabilities | $300.0K | $13.60M | $9.000M |
YoY Change | -96.67% | 12.4% | 373.68% |
Total Long-Term Liabilities | $1.372M | $14.71M | $10.20M |
YoY Change | -86.55% | 20.2% | 214.2% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.594M | $3.387M | $3.114M |
Total Long-Term Liabilities | $1.372M | $14.71M | $10.20M |
Total Liabilities | $2.966M | $18.10M | $13.31M |
YoY Change | -77.72% | 13.82% | 18.93% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$51.65M | -$44.16M | -$34.54M |
YoY Change | 49.54% | 21.68% | |
Common Stock | $11.30K | $10.32K | |
YoY Change | 17.67% | 191.63% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $21.37M | -$14.40M | -$8.472M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.33M | $3.588M | $4.841M |
YoY Change | 402.69% | 25.35% | 93.9% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q4 | 2014 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.402M | -$6.320M | $239.1K |
YoY Change | -1104.7% | 10.88% | -114.43% |
Depreciation, Depletion And Amortization | $150.0K | $90.00K | $100.0K |
YoY Change | 50.0% | -10.0% | 11.11% |
Cash From Operating Activities | -$2.540M | -$1.260M | -$910.0K |
YoY Change | 179.12% | -43.75% | 89.58% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$270.0K | $0.00 | -$260.0K |
YoY Change | 3.85% | -100.0% | 2500.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$5.000M | ||
YoY Change | |||
Cash From Investing Activities | -$5.270M | $0.00 | -$260.0K |
YoY Change | 1926.92% | -100.0% | 2500.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -20.00K | 780.0K | 2.870M |
YoY Change | -100.7% | 160.0% | 7075.0% |
NET CHANGE | |||
Cash From Operating Activities | -2.540M | -1.260M | -910.0K |
Cash From Investing Activities | -5.270M | 0.000 | -260.0K |
Cash From Financing Activities | -20.00K | 780.0K | 2.870M |
Net Change In Cash | -7.830M | -480.0K | 1.700M |
YoY Change | -560.59% | -78.76% | -477.78% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.540M | -$1.260M | -$910.0K |
Capital Expenditures | -$270.0K | $0.00 | -$260.0K |
Free Cash Flow | -$2.270M | -$1.260M | -$650.0K |
YoY Change | 249.23% | -34.38% | 38.3% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
719837 | USD |
CY2015Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
6732 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1593902 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1088996 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
81451 | USD |
CY2015Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
125405 | USD |
CY2015Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1371984 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1959449 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
514295 | USD |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
22599352 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
252331 | USD | |
CY2015Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
112500 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
536373 | USD |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
14711585 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3700162 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14398011 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7493179 | USD | |
vuzi |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
1217626 | USD | |
vuzi |
Adjustment To Addional Paid In Capital Reclassification Of Warrant Exercises
AdjustmentToAddionalPaidInCapitalReclassificationOfWarrantExercises
|
2855463 | USD | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
472500 | USD | |
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Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
583664 | USD | |
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Adjustment To Addional Paid In Capital Reclassification Of Warrant Liability
AdjustmentToAddionalPaidInCapitalReclassificationOfWarrantLiability
|
8736412 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1475000 | USD | |
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Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
260373 | USD | |
vuzi |
Adjustments To Additional Paid In Capital Reclassification Of Fair Value Of Note Derivative Liability
AdjustmentsToAdditionalPaidInCapitalReclassificationOfFairValueOfNoteDerivativeLiability
|
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CY2015Q2 | us-gaap |
Inventory Net
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|
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CY2015Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
84380 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
37693 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-258046 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
18098173 | USD |
CY2015Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
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CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
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CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
24333838 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Value
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|
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CY2014Q4 | us-gaap |
Common Stock Value
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2015Q2 | us-gaap |
Stockholders Equity
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|
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CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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|
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CY2015Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
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CY2014Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
16882 | USD |
CY2015Q2 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
6009 | USD |
CY2014Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
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CY2015Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
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CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
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CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
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CY2015Q2 | us-gaap |
Deferred Revenue Current
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|
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CY2014Q4 | us-gaap |
Deferred Revenue Current
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|
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CY2015Q2 | us-gaap |
Notes Payable
NotesPayable
|
0 | USD |
CY2014Q4 | us-gaap |
Notes Payable
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|
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Customer Deposits Current
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|
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|
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CY2014Q2 | us-gaap |
Research And Development Expense
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|
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Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
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vuzi |
Adjustments To Additional Paid In Capital Proceeds From Preferred Stock Offering Value
AdjustmentsToAdditionalPaidInCapitalProceedsFromPreferredStockOfferingValue
|
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Sales Revenue Goods Net
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|
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Sales Revenue Goods Net
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|
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CY2015Q2 | us-gaap |
Cost Of Goods Sold
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|
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CY2014Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
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CY2015Q2 | us-gaap |
Cost Of Services
CostOfServices
|
0 | USD |
CY2014Q2 | us-gaap |
Cost Of Services
CostOfServices
|
45432 | USD |
CY2015Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
392548 | USD |
CY2014Q2 | us-gaap |
Cost Of Revenue
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|
462240 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
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CY2014Q2 | us-gaap |
Gross Profit
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|
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Research And Development Expense
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|
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General And Administrative Expense
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|
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CY2014Q2 | us-gaap |
General And Administrative Expense
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|
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CY2015Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
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CY2014Q2 | us-gaap |
Depreciation And Amortization
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|
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CY2015Q2 | us-gaap |
Operating Income Loss
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|
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CY2014Q2 | us-gaap |
Operating Income Loss
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|
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|
2290 | USD |
CY2014Q2 | us-gaap |
Taxes Other
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|
25093 | USD |
CY2015Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
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|
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CY2014Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
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CY2015Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
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CY2014Q2 | us-gaap |
Amortization Of Debt Discount Premium
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|
33889 | USD |
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Interest Expense
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|
25472 | USD |
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
1164410 | USD |
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2402327 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
239110 | USD |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
239110 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11226921 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
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Sales Revenue Goods Net
SalesRevenueGoodsNet
|
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Sales Revenue Services Net
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Sales Revenue Net
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CostOfGoodsSold
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Cost Of Goods Sold
CostOfGoodsSold
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Cost Of Services
CostOfServices
|
45432 | USD | |
us-gaap |
Cost Of Services
CostOfServices
|
105032 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1023370 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
912489 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
213597 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
609187 | USD | |
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Research And Development Expense
ResearchAndDevelopmentExpense
|
1247198 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
692974 | USD | |
us-gaap |
Selling And Marketing Expense
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|
702809 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
621322 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3958149 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1012197 | USD | |
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Depreciation And Amortization
DepreciationAndAmortization
|
138187 | USD | |
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Depreciation And Amortization
DepreciationAndAmortization
|
201143 | USD | |
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Operating Income Loss
OperatingIncomeLoss
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Operating Income Loss
OperatingIncomeLoss
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Taxes Other
TaxesOther
|
14065 | USD | |
us-gaap |
Taxes Other
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|
46535 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1048 | USD | |
us-gaap |
Depreciation
Depreciation
|
138187 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
252331 | USD | |
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Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-237 | USD | |
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Gain Loss On Derivative Instruments Net Pretax
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|
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Gain Loss On Derivative Instruments Net Pretax
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|
3823818 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
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|
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Amortization Of Debt Discount Premium
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|
40214 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
63962 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.56 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.56 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
us-gaap |
Depreciation
Depreciation
|
201143 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1660433 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3669465 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-7493179 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1751016 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1751016 | USD | |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
3405 | USD | |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
23032 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
3823818 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-1026706 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-48783 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-36801 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
174889 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-140200 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
90547 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-327655 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1495169 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
28427 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
20770 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-103671 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-98678 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-37051 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-28426 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
43954 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5289961 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
171243 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
126975 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5298218 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-112500 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
10873 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
141883 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4249806 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
25551201 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1661171 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
14963022 | USD | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
310140 | USD |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1979311 | USD |
us-gaap |
Interest Paid
InterestPaid
|
42854 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
25495 | USD | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
482196 | USD | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
0 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1586691 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1217626 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
821121 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
143225 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
15188 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
519941 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
40214 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
24813000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
214169 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
vuzi |
Common Stock Awards Compensation Expense
CommonStockAwardsCompensationExpense
|
1475000 | USD | |
vuzi |
Common Stock Awards Compensation Expense
CommonStockAwardsCompensationExpense
|
0 | USD | |
vuzi |
Common Stock Issued And Warrant Issued For Services Prepaid Expense
CommonStockIssuedAndWarrantIssuedForServicesPrepaidExpense
|
843937 | USD | |
vuzi |
Common Stock Issued And Warrant Issued For Services Prepaid Expense
CommonStockIssuedAndWarrantIssuedForServicesPrepaidExpense
|
0 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
427500 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD | |
vuzi |
Reclassification Of Derivative Liability To Paidin Capital Upon Waiver Of Certain Antidilutive Provisions Of Warrants And Convertible Debt
ReclassificationOfDerivativeLiabilityToPaidinCapitalUponWaiverOfCertainAntidilutiveProvisionsOfWarrantsAndConvertibleDebt
|
11543354 | USD | |
vuzi |
Reclassification Of Derivative Liability To Paidin Capital Upon Waiver Of Certain Antidilutive Provisions Of Warrants And Convertible Debt
ReclassificationOfDerivativeLiabilityToPaidinCapitalUponWaiverOfCertainAntidilutiveProvisionsOfWarrantsAndConvertibleDebt
|
0 | USD | |
vuzi |
Reclassification Of Derivative Liability Upon Warrant Exercises
ReclassificationOfDerivativeLiabilityUponWarrantExercises
|
2855463 | USD | |
vuzi |
Reclassification Of Derivative Liability Upon Warrant Exercises
ReclassificationOfDerivativeLiabilityUponWarrantExercises
|
0 | USD | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1260019 | shares | |
CY2014Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
101445 | USD |
CY2015Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
107474 | USD |
CY2014Q4 | vuzi |
Accrued Compensation
AccruedCompensation
|
428786 | USD |
CY2015Q2 | vuzi |
Accrued Compensation
AccruedCompensation
|
417286 | USD |
CY2014Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
45000 | USD |
CY2015Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
52000 | USD |
CY2014Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
39624 | USD |
CY2015Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
46663 | USD |
CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
8741 | USD |
CY2015Q2 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
96414 | USD |
CY2014Q4 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
75471 | USD |
vuzi |
Officers Compensation Payable Compounding Monthly Interest Rate
OfficersCompensationPayableCompoundingMonthlyInterestRate
|
0.08 | pure | |
CY2015Q2 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
71076 | USD |
CY2014Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
62801 | USD |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
8994 | USD |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
38032 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
45071 | USD | |
CY2015Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
46663 | USD |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
4168267 | shares |
vuzi |
Percentage Of Outstanding Warrants Issued By Parent
PercentageOfOutstandingWarrantsIssuedByParent
|
0.86 | pure | |
CY2014Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
3000000 | USD |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
45100 | shares |
CY2014Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
4730992 | shares |
CY2014Q2 | vuzi |
Fair Value Of Debt Embedded Conversion Price Adjustment Option
FairValueOfDebtEmbeddedConversionPriceAdjustmentOption
|
1938988 | USD |
CY2015Q2 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
5000000 | USD |
CY2015Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
5000000 | USD |
CY2015Q2 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
169027 | USD |
CY2015Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
169027 | USD |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
0 | USD |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
0 | USD |
CY2014Q4 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
13541138 | USD |
CY2014Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
2806942 | USD |
CY2014Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
10734196 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
107766 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
24393 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
1902500 | USD |
CY2015Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2034659 | USD |
CY2015Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
874643 | USD |
CY2015Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1160016 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
1000 | |
vuzi |
Preferred Stock Shares Outstanding In Percent Liquidation Or Amendment Actions
PreferredStockSharesOutstandingInPercentLiquidationOrAmendmentActions
|
0.6 | pure | |
CY2014Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5236660 | shares |
vuzi |
Class Of Warrant Or Right Exercised In Period
ClassOfWarrantOrRightExercisedInPeriod
|
4706517 | shares | |
vuzi |
Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
|
60000 | shares | |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
575329 | shares |
vuzi |
Class Of Warrant Or Right Expired In Period
ClassOfWarrantOrRightExpiredInPeriod
|
14814 | shares | |
vuzi |
Class Of Warrant Or Right Outstanding Weighted Average Remaining Contractual Terms
ClassOfWarrantOrRightOutstandingWeightedAverageRemainingContractualTerms
|
P2Y8M12D | ||
invest |
Investment Warrants Exercise Price
InvestmentWarrantsExercisePrice
|
2.40 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
347222 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
6.48 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P7Y | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
552329 | shares |
vuzi |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
3.69 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P9Y9M18D | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y2M12D | ||
CY2015Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1843903 | USD |
CY2015Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
40000 | USD |
CY2015Q2 | vuzi |
Prepaid Manufacturing Vendor Payments
PrepaidManufacturingVendorPayments
|
843772 | USD |
CY2014Q4 | vuzi |
Prepaid Manufacturing Vendor Payments
PrepaidManufacturingVendorPayments
|
156091 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
49626 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
49626 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
16001434 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
16001434 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11295387 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11295387 | shares |
vuzi |
Increase Decrease In Vendors Prepayments
IncreaseDecreaseInVendorsPrepayments
|
687681 | USD | |
vuzi |
Increase Decrease In Vendors Prepayments
IncreaseDecreaseInVendorsPrepayments
|
0 | USD | |
CY2014Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
941467 | shares |
CY2014Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
39624 | USD |
CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1217421 | USD |
CY2015Q2 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
335248 | USD |
us-gaap |
Description Of Lessor Leasing Arrangements Operating Leases
DescriptionOfLessorLeasingArrangementsOperatingLeases
|
The Company leases office and manufacturing space under operating leases that expire on September 30, 2015 through to March 1, 2016. | ||
us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P5Y | ||
us-gaap |
Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
|
P3Y | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
138090 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
3000000 | USD | |
vuzi |
Discount On Senior Convertible Debt Attributed To Embedded Conversion Price Adjustment Option
DiscountOnSeniorConvertibleDebtAttributedToEmbeddedConversionPriceAdjustmentOption
|
0 | USD | |
vuzi |
Discount On Senior Convertible Debt Attributed To Embedded Conversion Price Adjustment Option
DiscountOnSeniorConvertibleDebtAttributedToEmbeddedConversionPriceAdjustmentOption
|
1938988 | USD | |
CY2014Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
0 | USD |
CY2015Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
5000000 | USD |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD | |
CY2015Q2 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
376545 | USD |
CY2014Q2 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | USD |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
735483 | USD | |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2778872 | USD |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
239110 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8228662 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1751016 | USD | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15934279 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10285453 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14754298 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10135387 | shares | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
0 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
5000000 | USD | |
CY2015Q2 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
5000000 | USD |
CY2015Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
735483 | USD |
CY2015Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
11580 | USD |
CY2014Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3405 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
23032 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3405 | USD | |
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 0pt 34.55pt; FONT: 10pt Times New Roman, Times, Serif"> <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 0pt 34.55pt; FONT: 10pt Times New Roman, Times, Serif"> <b> </b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif"> 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 GAAP 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, 2014 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 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif"> The accompanying Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements of the Company as of December 31, 2014, 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 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif"> 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> | ||
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
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0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
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0 | USD |