For the year ending 2025-12-31, VUZI had $2,963,707 increase in cash & cash equivalents over the period. -$20,802,726 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -32,273,128 |
| Depreciation and amortization | 3,149,924 |
| Stock-based compensation | 5,330,306 |
| Loss on fixed asset disposal | -106,898 |
| Inventory reserves for obsolescence | 503,400 |
| Impairment on goodwill, intangible assets, and equity investments | 400,000 |
| Accounts receivable | 17,917 |
| Accrued revenues in excess of billings | -139,833 |
| Other receivables | 379,615 |
| Inventories | -2,121,076 |
| Manufacturing vendor prepayments | -115,991 |
| Prepaid expenses and other assets | -7,702 |
| Accounts payable | 146,789 |
| Accrued expenses | 1,881,659 |
| Unearned revenue | -63,540 |
| Income and other taxes payable | 41,350 |
| Net cash flows used in operating activities | -18,789,272 |
| Purchases of fixed assets | 2,013,454 |
| Investments in patents and trademarks | 554,816 |
| Investments in other equity assets | 50,000 |
| Net cash flows used in investing activities | -2,618,270 |
| Proceeds from sale of preferred and common stock to quanta | 10,000,000 |
| Proceeds from exercise of stock options | 106,843 |
| Proceeds from atm program, net | 14,286,816 |
| Preferred dividends paid | 22,409 |
| Net cash flows provided by (used in) financing activities | 24,371,250 |
| Net increase (decrease) in cash and cash equivalents | 2,963,707 |
| Cash and cash equivalents - beginning of period | 18,186,506 |
| Cash and cash equivalents - end of period | 21,150,213 |
Vuzix Corp (VUZI)
Vuzix Corp (VUZI)