Vuzix Corp company info

CIK 1463972
IRS Number 043392453
State of incorporation DE
Business address 25 HENDRIX ROAD
Mail address 25 HENDRIX ROAD

Short summary

Vuzix Corp is a New York company, with head office located at 25 Hendrix Road West Henrietta, New York 14586. In 2018 the company owned a total of 23.01 million USD worth of assets, including 14.42 million USD worth of current assets. 2017 was the year when the company amassed the most assets.

Vuzix Corp Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Revenue, Net 11.8912.264.833.232.393.032.752.135.54
Gross Profit 4.283.801.210.890.810.930.57-1.16-0.681.77
Research and development
Operating Expenses 7.247.686.085.095.465.9611.9117.3718.6823.63
Operating Income (Loss) -2.96-3.88-4.87-4.75-10.15-5.03-11.34-18.54-19.35-21.86
Interest expense 0.300.430.400.510.500.
Other Nonoperating Income (Expense)
Income Tax Expense (Benefit) -
Net income -3.25-4.56-3.880.32-10.157.87-13.43-19.25-19.63-21.88

Vuzix Corp Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 0.820.130.641.530.081.9815.054.596.1329.153.36
Accounts Receivable, Net, Current
Inventories 3.830.720.490.921.093.473.415.278.43
Property, Plant and Equipment, Gross 3.533.063.142.563.065.056.387.35
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 2.572.402.702.151.041.692.253.06
Intangible Assets, Net (Excluding Goodwill) 0.720.590.550.510.510.520.590.881.24
Other Assets, Noncurrent
Total assets 7.043.882.504.8424.3312.8815.1743.6723.01
Current assets 5.722.571.223.1222.609.4510.8237.6714.42
Accounts payable 3.092.713.512.090.691.061.812.621.59
Total current liabilities 6.293.587.953.111.593.763.064.713.05
Long-term Debt, Excluding Current Maturities 3.182.301.321.211.08000
Long-term Debt 2.823.001.311.161.4700
Other Accrued Liabilities, Noncurrent 0.480.710.790.020.1300
Total liabilities 11.667.6111.1913.312.974.033.254.713.22
Common Stock, Value, Issued
Retained Earnings (Accumulated Deficit) -23.94-23.55-28.74-34.54-51.65-65.47-85.09-107.90-129.68

Vuzix Corp Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income -3.25-4.56-3.880.32-10.157.87-13.43-19.25-19.63-21.88
Depreciation and amortization 0.520.440.470.470.380.280.380.771.001.47
Depreciation 0.470.470.380.28
Amortization of Intangible Assets 00.070.29
Depreciation and amortization 0.520.440.47
Deferred Income Tax Expense (Benefit) 000
Accounts receivable 0.03-0.09-0.23-0.610.040.17-0.06-0.220.87-0.20
Inventories 0.650.79-1.21-0.720.27-0.042.440.432.353.43
Accounts payable -0.830.19-0.36-0.91-0.38-0.24-
Deferred revenue
Net Cash Provided by (Used in) Operating Activities -2.26-3.08-1.50-2.82-5.09-4.61-11.67-14.40-16.47-22.54
Payments to Acquire Property, Plant, and Equipment 0.340.150.800.
Payments to Acquire Intangible Assets
Net Cash Provided by (Used in) Investing Activities -0.47-0.24-0.907.27-0.46-0.90-2.08-2.19-2.69-3.15
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -2.08-2.19
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 1.670.240.34
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 1.670.240.34
Proceeds from Issuance of Common Stock 6.1108.05021.1121.1330
Net Cash Provided by (Used in) Financing Activities 4.423.450.18-4.805.795.2925.5419.2419.5128.06
Cash and Cash Equivalents, Period Increase (Decrease) 1.680.14-2.22-0.350.24-0.2311.792.660.362.37