For the year ending 2025-12-31, VUZI has $40,071,807 in assets. $5,390,316 in debts. $21,150,213 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 21,150,213 | |||
| Accounts receivable, net of allowance for credit losses of 46,000 at december 31, 2025 and 89,000 at december 31, 2024 | 1,627,635 | |||
| Accrued revenues in excess of billings | 533,665 | |||
| Other receivables | 379,615 | |||
| Inventories, net | 2,188,750 | |||
| Manufacturing vendor prepayments | 256,090 | |||
| Prepaid expenses and other assets | 1,059,759 | |||
| Total current assets | 27,195,727 | |||
| Fixed assets, net | 7,626,238 | |||
| Operating lease right-of-use assets, net | 1,003,025 | |||
| Patents and trademarks, net | 3,359,066 | |||
| Technology licenses, net | 559,973 | |||
| Other assets, net | 327,778 | |||
| Total assets | 40,071,807 | |||
| Accounts payable | 685,010 | |||
| Unearned revenue | 62,361 | |||
| Accrued expenses | 3,590,407 | |||
| Other taxes payable | 49,513 | |||
| Operating lease right-of-use liabilities | 500,911 | |||
| Total current liabilities | 4,888,202 | |||
| Operating lease right-of-use liability | 502,114 | |||
| Total liabilities | 5,390,316 | |||
| 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 december 31, 2025 and december 31, 2024 | 10,000,000 | |||
| Common stock - 0.001 par value, 200,000,000 shares authorized 81,679,367 shares issued and 81,099,695 shares outstanding as of december 31, 2025 and 100,000,000 shares authorized 76,553,694 shares issued and 75,974,022 shares outstanding as of december 31, 2024 | 81,680 | |||
| Additional paid-in capital | 426,934,722 | |||
| Accumulated deficit | -399,858,410 | |||
| Treasury stock, at cost, 579,672 shares as of december 31, 2025 and december 31, 2024 | 2,476,501 | |||
| Total stockholders' equity | 24,681,491 | |||
| Total liabilities, mezzanine equity, and stockholders' equity | 40,071,807 | |||
Vuzix Corp (VUZI)
Vuzix Corp (VUZI)