For the quarter ending 2026-03-31, VUZI has $38,371,715 in assets. $4,376,553 in debts. $20,167,137 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 20,167,137 | 21,150,213 | 22,608,529 | 17,454,585 |
| Accounts receivable, net of allowance for credit losses of 46,000 at march 31, 2026 and december 31, 2025 | 874,743 | 1,627,635 | 1,025,534 | 1,215,119 |
| Accrued revenues in excess of billings | 501,845 | 533,665 | 430,089 | 383,665 |
| Other receivables | 95,794 | 379,615 | - | - |
| Inventories, net | 1,796,116 | 2,188,750 | 2,895,409 | 3,306,310 |
| Manufacturing vendor prepayments | 348,717 | 256,090 | 155,813 | 212,368 |
| Prepaid expenses and other assets | 996,474 | 1,059,759 | 1,114,743 | 749,370 |
| Total current assets | 24,780,826 | 27,195,727 | 28,230,117 | 23,321,417 |
| Fixed assets, net | 8,424,168 | 7,626,238 | 8,495,806 | 8,739,592 |
| Operating lease right-of-use assets, net | 872,177 | 1,003,025 | 1,134,011 | 224,650 |
| Patents and trademarks, net | 3,484,839 | 3,359,066 | 3,233,627 | 3,145,174 |
| Technology licenses, net | 509,705 | 559,973 | 610,240 | 660,508 |
| Other assets, net | 300,000 | 327,778 | 769,441 | 811,111 |
| Total assets | 38,371,715 | 40,071,807 | 42,473,242 | 36,902,452 |
| Accounts payable | 1,498,992 | 685,010 | 1,071,078 | 1,107,238 |
| Unearned revenue | 45,669 | 62,361 | 100,785 | 93,027 |
| Accrued expenses | 1,911,948 | 3,590,407 | 2,229,842 | 1,565,655 |
| Other taxes payable | 47,767 | 49,513 | 52,055 | 47,406 |
| Operating lease right-of-use liabilities | 500,911 | 500,911 | 500,911 | 224,650 |
| Total current liabilities | 4,005,287 | 4,888,202 | 3,954,671 | 3,037,976 |
| Operating lease right-of-use liability | 371,266 | 502,114 | 633,100 | - |
| Total long-term liabilities | - | - | 633,100 | - |
| Total liabilities | 4,376,553 | 5,390,316 | 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 | - |
| Preferred stock - 0.001 par value, 5,000,000 shares authorized 419,959 shares of series b preferred stock issued and outstanding as of march 31, 2026 and december 31, 2025 | 10,000,000 | 10,000,000 | - | 5,000,000 |
| Common stock - 0.001 par value, 200,000,000 shares authorized 83,737,930 shares issued and 83,158,258 shares outstanding as of march 31, 2026 and 81,679,367 shares issued and 81,099,695 shares outstanding as of december 31, 2025 | 83,739 | 81,680 | 79,987 | 77,921 |
| Additional paid-in capital | 433,355,158 | 426,934,722 | 421,463,041 | 415,089,887 |
| Accumulated deficit | -406,967,234 | -399,858,410 | -391,181,056 | -383,826,831 |
| Treasury stock, at cost, 579,672 shares as of march 31, 2026 and december 31, 2025 | 2,476,501 | 2,476,501 | 2,476,501 | 2,476,501 |
| Total stockholders' equity | 23,995,162 | 24,681,491 | 27,885,471 | 28,864,476 |
| Total liabilities, mezzanine equity, and stockholders' equity | 38,371,715 | 40,071,807 | 42,473,242 | 36,902,452 |
Vuzix Corp (VUZI)
Vuzix Corp (VUZI)