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Vuzix Corp: 10-Q filed 2020-11-09

What Vuzix Corp reported in its quarterly report filed 2020-11-09 (fiscal Q3 2020): 38 published measures, 105 facts as tagged in accession 0001558370-20-013340.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-09
Fiscal period
fiscal Q3 2020
Accession
0001558370-20-013340 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 2020-09-3042,054,693USD
At 2019-12-3128,446,465USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-305,046,191USD
At 2019-12-314,206,022USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-3037,008,502USD
At 2020-06-3026,134,153USD
At 2019-12-3124,240,443USD
At 2019-09-3033,592,887USD
At 2019-06-3019,790,425USD
At 2018-12-3130,456,975USD

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 2020-09-3024,938,858USD
At 2019-12-3110,606,091USD
At 2019-09-3015,640,606USD
At 2018-12-3117,263,643USD

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
2020-07-01 to 2020-09-30-4,760,810USD92
2020-01-01 to 2020-09-30-14,361,100USD274
2019-07-01 to 2019-09-30-5,476,690USD92
2019-01-01 to 2019-09-30-16,892,385USD273

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-11,259,877USD274
2019-01-01 to 2019-09-30-18,051,495USD273

Capital expenditure payments

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30467,595USD274
2019-01-01 to 2019-09-301,436,242USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2020-07-01 to 2020-09-302,778,721USD92
2020-01-01 to 2020-09-307,347,280USD274
2019-07-01 to 2019-09-301,158,882USD92
2019-01-01 to 2019-09-304,718,115USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-3026,755,236USD274
2019-01-01 to 2019-09-3018,855,007USD273

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-1,162,592USD274
2019-01-01 to 2019-09-30-2,426,549USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-30-159,103,911USD
At 2019-12-31-144,742,811USD

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 2020-09-303,217,176USD
At 2019-12-314,327,676USD

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
2020-07-01 to 2020-09-301,077,073USD92
2020-01-01 to 2020-09-302,019,006USD274
2019-07-01 to 2019-09-30330,000USD92
2019-01-01 to 2019-09-301,201,867USD273

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
2020-07-01 to 2020-09-30-4,748,224USD92
2020-01-01 to 2020-09-30-14,325,342USD274
2019-07-01 to 2019-09-30-5,521,865USD92
2019-01-01 to 2019-09-30-16,940,924USD273

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 2020-09-3034,217,465USD
At 2019-12-3119,073,508USD

Current liabilities

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

PeriodValueUnitDays
At 2020-09-303,257,792USD
At 2019-12-312,634,657USD

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 2020-09-30909,103USD
At 2019-12-311,062,785USD

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 2020-09-30831,377USD
At 2019-12-311,371,913USD

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
2020-07-01 to 2020-09-305,096,194USD92
2020-01-01 to 2020-09-3015,549,749USD274
2019-07-01 to 2019-09-305,290,408USD92
2019-01-01 to 2019-09-3016,901,396USD273

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 2020-09-306,563,480USD
At 2019-12-315,707,867USD

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
2020-07-01 to 2020-09-30347,970USD92
2020-01-01 to 2020-09-301,224,407USD274
2019-07-01 to 2019-09-30-231,457USD92
2019-01-01 to 2019-09-30-39,528USD273

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
2020-07-01 to 2020-09-302,430,751USD92
2020-01-01 to 2020-09-306,122,873USD274
2019-07-01 to 2019-09-301,390,339USD92
2019-01-01 to 2019-09-304,757,643USD273

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
2020-07-01 to 2020-09-301,874,243USD92
2020-01-01 to 2020-09-305,693,569USD274
2019-07-01 to 2019-09-302,336,778USD92
2019-01-01 to 2019-09-306,840,006USD273

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 2020-09-3042,718,665shares
At 2019-12-3133,128,620shares

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 2020-09-30196,069,645USD
At 2019-12-31168,950,076USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-09-301,622,003USD
At 2019-12-312,096,190USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2020-09-301,622,003USD

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 2020-09-301,452,997USD
At 2019-12-311,294,675USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2020-09-30650,000USD
At 2019-12-31350,000USD

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 2020-09-30874,107USD
At 2019-12-31885,897USD

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 2020-09-301,000,784USD
At 2019-12-31895,098USD

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
2020-07-01 to 2020-09-30-4,760,810USD92
2020-01-01 to 2020-09-30-14,361,100USD274
2019-07-01 to 2019-09-30-5,476,690USD92
2019-01-01 to 2019-09-30-16,892,385USD273

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
2020-07-01 to 2020-09-30-5,281,372USD92
2020-01-01 to 2020-09-30-15,888,816USD274
2019-07-01 to 2019-09-30-5,967,076USD92
2019-01-01 to 2019-09-30-18,326,443USD273

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
2020-07-01 to 2020-09-301,635,076USD92
2020-01-01 to 2020-09-304,972,854USD274
2019-07-01 to 2019-09-301,548,927USD92
2019-01-01 to 2019-09-305,248,919USD273

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
2020-07-01 to 2020-09-30-12,586USD92
2020-01-01 to 2020-09-30-35,758USD274
2019-07-01 to 2019-09-3045,175USD92
2019-01-01 to 2019-09-3048,539USD273

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
2020-01-01 to 2020-09-30-160,287USD274
2019-01-01 to 2019-09-30193,053USD273

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
2020-01-01 to 2020-09-30855,613USD274
2019-01-01 to 2019-09-301,526,936USD273

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
2020-01-01 to 2020-09-30-153,682USD274
2019-01-01 to 2019-09-30-1,815,968USD273

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"])))