Vuzix Corporation (VUZI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.9M	6.3M	5.8M	12.1M	11.8M
Cost of Revenue	7.4M	7.3M	10.6M	13.9M	9.6M
Gross Profit	(1.5M)	(1.1M)	(4.9M)	(1.7M)	2.3M
Operating Expenses
R&D Expense	13.3M	12.6M	9.8M	12.3M	12.8M
SG&A Expense	15.1M	17.1M	25.4M	31.3M	29.1M
General & Admin Expense	9.7M	11.6M	17.2M	18.6M	21.0M
Selling & Marketing Expense	5.3M	5.5M	8.2M	12.7M	8.1M
Other Expenses	901.7K	1.6M	33.9M	6.9M	2.6M
Total Operating Expenses	29.3M	31.3M	69.1M	50.6M	44.5M
Cost and Expenses	36.6M	38.7M	79.7M	64.4M	54.1M
Operating Income (EBIT)	(30.7M)	(32.4M)	(74.0M)	(52.3M)	(42.2M)
Non-Operating
Interest Income	694.2K	672.3K	591.3K	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	694.2K	672.3K	591.3K	—	—
Other Non-Op Income/Expense	61.9K	104.8K	433.3K	2.2M	1.5M
Non-Operating Income (excl Interest)	31.2K	(104.8K)	(30.4M)	(1.9M)	80.0K
EBT (Pre-Tax Income)	(30.7M)	(32.3M)	(73.5M)	(50.1M)	(40.8M)
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	(30.7M)	(32.3M)	(73.5M)	(50.1M)	(40.8M)
Earnings from Cont. Ops	(30.7M)	(32.3M)	(73.5M)	(50.1M)	(40.8M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(30.8M)	(32.3M)	(73.5M)	(50.1M)	(40.8M)
Per Share
Basic EPS	($0.39)	($0.42)	($1.08)	($0.79)	($0.62)
Diluted EPS	($0.39)	($0.42)	($1.08)	($0.79)	($0.62)
Revenue Per Share	$0.07	$0.08	$0.08	$0.19	$0.19
Shares
Basic Shares Outstanding	83.7M	77.6M	67.8M	63.4M	63.7M
Diluted Shares Outstanding	83.7M	77.6M	67.8M	63.4M	63.7M
Profitability Metrics
EBITDA	(28.3M)	(29.1M)	(39.8M)	(45.4M)	(39.9M)
D&A	2.4M	3.1M	3.8M	4.9M	2.4M
EBIT	(30.8M)	(32.3M)	(43.6M)	(50.4M)	(42.3M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026