For the quarter ending 2025-09-30, VUZI has $42,473,242 in assets. $4,587,771 in debts. $22,608,529 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 22,608,529 | 17,454,585 | ||
| Accounts receivable, net of allowance for credit losses of 46,000 at september 30, 2025 and 89,000 at december 31, 2024 | 1,025,534 | 1,215,119 | ||
| Accrued revenues in excess of billings | 430,089 | 383,665 | ||
| Inventories, net | 2,895,409 | 3,306,310 | ||
| Manufacturing vendor prepayments | 155,813 | 212,368 | ||
| Prepaid expenses and other assets | 1,114,743 | 749,370 | ||
| Total current assets | 28,230,117 | 23,321,417 | ||
| Fixed assets, net | 8,495,806 | 8,739,592 | ||
| Operating lease right-of-use assets, net | 1,134,011 | 224,650 | ||
| Patents and trademarks, net | 3,233,627 | 3,145,174 | ||
| Technology licenses, net | 610,240 | 660,508 | ||
| Other assets, net | 769,441 | 811,111 | ||
| Total assets | 42,473,242 | 36,902,452 | ||
| Accounts payable | 1,071,078 | 1,107,238 | ||
| Unearned revenue | 100,785 | 93,027 | ||
| Accrued expenses | 2,229,842 | 1,565,655 | ||
| Other taxes payable | 52,055 | 47,406 | ||
| Operating lease right-of-use liabilities | 500,911 | 224,650 | ||
| Total current liabilities | 3,954,671 | 3,037,976 | ||
| Operating lease right-of-use liability | 633,100 | - | ||
| Total long-term liabilities | 633,100 | - | ||
| Total liabilities | 4,587,771 | - | ||
| Preferred stock - 0.001 par value, 5,000,000 shares authorized 419,959 and zero shares of series b preferred stock issued and outstanding as of september 30, 2025 and december 31, 2024-Series BPreferred Stock | 10,000,000 | - | ||
| Common stock - 0.001 par value, 200,000,000 shares authorized 79,986,789 shares issued and 79,407,117 shares outstanding as of september 30, 2025 and 100,000,000 shares authorized 76,553,694 shares issued and 75,974,022 shares outstanding as of december 31, 2024 | 79,987 | 77,921 | ||
| Additional paid-in capital | 421,463,041 | 415,089,887 | ||
| Accumulated deficit | -391,181,056 | -383,826,831 | ||
| Treasury stock, at cost, 579,672 shares as of september 30, 2025 and december 31, 2024 | 2,476,501 | 2,476,501 | ||
| Total stockholders' equity | 27,885,471 | 28,864,476 | ||
| Convertible preferred stock - 0.001 par value, 5,000,000 shares authorized 189,717 and zero shares issued and outstanding as of june 30, 2025 and december 31, 2024 | - | 5,000,000 | ||
| Total liabilities, mezzanine equity, and stockholders' equity | 42,473,242 | 36,902,452 | ||
Vuzix Corp (VUZI)
Vuzix Corp (VUZI)