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Vuzix Corp: 10-K filed 2018-03-16

What Vuzix Corp reported in its annual report filed 2018-03-16 (fiscal FY 2017): 43 published measures, 139 facts as tagged in accession 0001144204-18-015310.

This filing

Form
10-K (annual report)
Filed
2018-03-16
Fiscal period
fiscal FY 2017
Accession
0001144204-18-015310 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Vuzix Corp filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-12-3126,833,253USD
At 2016-12-3122,345,260USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2017-12-315,453,540USD
At 2016-12-314,623,423USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-12-3121,379,713USD
At 2016-12-3117,721,837USD
At 2015-12-3116,092,871USD
At 2014-12-31-14,398,011USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-12-3114,889,636USD
At 2016-12-3114,533,944USD
At 2015-12-3111,877,058USD
At 2014-12-3184,967USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-5,879USD92
2017-01-01 to 2017-12-31-19,633,502USD365
2017-07-01 to 2017-09-30-5,502USD92
2017-04-01 to 2017-06-30-4,070USD91
2017-01-01 to 2017-03-31-4,182USD90
2016-10-01 to 2016-12-31-6,335USD92
2016-01-01 to 2016-12-31-19,250,082USD366
2016-07-01 to 2016-09-30-5,036USD92
2016-04-01 to 2016-06-30-4,103USD91
2016-01-01 to 2016-03-31-3,776USD91
2015-01-01 to 2015-12-31-13,427,478USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-16,465,706USD365
2016-01-01 to 2016-12-31-14,396,964USD366
2015-01-01 to 2015-12-31-11,668,079USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2017-01-01 to 2017-12-311,681,258USD365
2016-01-01 to 2016-12-312,039,299USD366
2015-01-01 to 2015-12-311,892,831USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-01-01 to 2017-12-3119,510,823USD365
2016-01-01 to 2016-12-3119,240,153USD366
2015-01-01 to 2015-12-3125,544,909USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-2,689,425USD365
2016-01-01 to 2016-12-31-2,186,303USD366
2015-01-01 to 2015-12-31-2,084,739USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-12-31-96,472,452USD
At 2016-12-31-76,838,950USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-01-01 to 2017-12-310USD365
2016-01-01 to 2016-12-310USD366
2015-01-01 to 2015-12-310USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-12-314,124,466USD
At 2016-12-313,364,908USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2017-01-01 to 2017-12-311,355,522USD365
2016-01-01 to 2016-12-31756,928USD366
2015-01-01 to 2015-12-31568,848USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-19,354,546USD365
2016-01-01 to 2016-12-31-18,535,760USD366
2015-01-01 to 2015-12-31-11,341,456USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2017-12-3121,242,573USD
At 2016-12-3118,230,053USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2017-01-01 to 2017-12-3188,234USD365
2016-01-01 to 2016-12-31131,089USD366
2015-01-01 to 2015-12-31155,223USD365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2017-12-315,435,209USD
At 2016-12-314,421,959USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2017-12-313,726,056USD
At 2016-12-311,085,472USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2017-12-31243,717USD
At 2016-12-310USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2017-12-31974,172USD
At 2016-12-31103,314USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2017-01-01 to 2017-12-3118,677,948USD365
2016-01-01 to 2016-12-3117,372,172USD366
2015-01-01 to 2015-12-3111,907,642USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2017-12-313,852,317USD
At 2016-12-312,651,218USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-304USD92
2017-01-01 to 2017-12-31-676,598USD365
2017-07-01 to 2017-09-30-92USD92
2017-04-01 to 2017-06-30-429USD91
2017-01-01 to 2017-03-31149USD90
2016-10-01 to 2016-12-31-562USD92
2016-01-01 to 2016-12-31-1,163,588USD366
2016-07-01 to 2016-09-30-237USD92
2016-04-01 to 2016-06-30-126USD91
2016-01-01 to 2016-03-31-239USD91
2015-01-01 to 2015-12-31566,186USD365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2017-01-01 to 2017-12-316,214,351USD365
2016-01-01 to 2016-12-313,290,966USD366
2015-01-01 to 2015-12-312,183,798USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2017-01-01 to 2017-12-316,706,690USD365
2016-01-01 to 2016-12-316,947,878USD366
2015-01-01 to 2015-12-313,595,437USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2017-12-3124,276,275shares
At 2016-12-3119,569,247shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2017-12-31117,827,839USD
At 2016-12-3194,541,168USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2017-12-310USD
At 2016-12-311,416,480USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2017-12-316,377,260USD
At 2016-12-315,051,522USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2017-12-312,252,794USD
At 2016-12-311,686,614USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2017-12-31813,774USD
At 2016-12-31535,461USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2017-12-311,371,440USD
At 2016-12-311,331,983USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2017-12-31873,947USD
At 2016-12-31797,409USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2017-12-310USD
At 2016-12-310USD
At 2015-12-310USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-19,633,502USD365
2016-01-01 to 2016-12-31-19,250,082USD366
2015-01-01 to 2015-12-31-13,427,478USD365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-6,321USD92
2017-01-01 to 2017-12-31-21,348,436USD365
2017-07-01 to 2017-09-30-5,938USD92
2017-04-01 to 2017-06-30-4,494USD91
2017-01-01 to 2017-03-31-4,595USD90
2016-10-01 to 2016-12-31-6,751USD92
2016-01-01 to 2016-12-31-20,870,130USD366
2016-07-01 to 2016-09-30-5,446USD92
2016-04-01 to 2016-06-30-4,503USD91
2016-01-01 to 2016-03-31-4,170USD91
2015-01-01 to 2015-12-31-14,941,559USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2017-01-01 to 2017-12-316,126,335USD365
2016-01-01 to 2016-12-315,114,139USD366
2015-01-01 to 2015-12-316,120,101USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-278,956USD365
2016-01-01 to 2016-12-31-714,322USD366
2015-01-01 to 2015-12-31-2,086,022USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2017-01-01 to 2017-12-3122,814USD365
2016-01-01 to 2016-12-317,696USD366
2015-01-01 to 2015-12-3141,194USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2017-01-01 to 2017-12-3121,128,502USD365
2017-12-01 to 2017-12-1911,532,502USD19
2017-08-01 to 2017-08-147,978,321USD14
2016-01-01 to 2016-12-3121,112,500USD366
2015-01-01 to 2015-12-310USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-31870,858USD365
2016-01-01 to 2016-12-31-222,380USD366
2015-01-01 to 2015-12-31-57,839USD365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-312,352,581USD365
2016-01-01 to 2016-12-31426,521USD366
2015-01-01 to 2015-12-312,437,149USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-312,640,584USD365
2016-01-01 to 2016-12-31178,037USD366
2015-01-01 to 2015-12-31-1,276,132USD365

Inspect the source

Entity
Vuzix Corp / CIK 0001463972
Captured
2026-09-20T09:06:31.143Z
SEC response SHA-256
84bd53712d06b6854630ce7abb06b64671ab2f443d3051cab49b766e7ef3fe72

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001463972.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))