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Vuzix Corp: 10-K filed 2021-03-15

What Vuzix Corp reported in its annual report filed 2021-03-15 (fiscal FY 2020): 43 published measures, 141 facts as tagged in accession 0001558370-21-003001.

This filing

Form
10-K (annual report)
Filed
2021-03-15
Fiscal period
fiscal FY 2020
Accession
0001558370-21-003001 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 2020-12-3152,471,484USD
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 2020-12-314,168,299USD
At 2019-12-314,206,022USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-12-3148,303,185USD
At 2019-12-3124,240,443USD
At 2018-12-3130,456,975USD
At 2017-12-3121,379,713USD

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 2020-12-3136,069,508USD
At 2019-12-3110,606,091USD
At 2018-12-3117,263,643USD
At 2017-12-3114,889,636USD

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
2020-10-01 to 2020-12-31-3,590,000USD92
2020-01-01 to 2020-12-31-17,952,172USD366
2020-07-01 to 2020-09-30-4,761,000USD92
2020-04-01 to 2020-06-30-4,239,000USD91
2020-01-01 to 2020-03-31-5,362,000USD91
2019-10-01 to 2019-12-31-9,583,000USD92
2019-01-01 to 2019-12-31-26,476,370USD365
2019-07-01 to 2019-09-30-5,477,000USD92
2019-04-01 to 2019-06-30-5,056,000USD91
2019-01-01 to 2019-03-31-6,360,000USD90
2018-01-01 to 2018-12-31-21,875,713USD365

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 2020-12-31-13,964,053USD366
2019-01-01 to 2019-12-31-22,355,020USD365
2018-01-01 to 2018-12-31-22,542,574USD365

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 2020-12-31496,629USD366
2019-01-01 to 2019-12-311,898,771USD365
2018-01-01 to 2018-12-311,365,388USD365

Revenue

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

PeriodValueUnitDays
2020-10-01 to 2020-12-314,233,000USD92
2020-01-01 to 2020-12-3111,581,496USD366
2020-07-01 to 2020-09-302,779,000USD92
2020-04-01 to 2020-06-303,037,000USD91
2020-01-01 to 2020-03-311,532,000USD91
2019-10-01 to 2019-12-311,953,000USD92
2019-01-01 to 2019-12-316,670,604USD365
2019-07-01 to 2019-09-301,159,000USD92
2019-04-01 to 2019-06-302,186,000USD91
2019-01-01 to 2019-03-311,373,000USD90
2018-01-01 to 2018-12-318,094,368USD365

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 2020-12-3140,912,983USD366
2019-01-01 to 2019-12-3118,855,007USD365
2018-01-01 to 2018-12-3128,064,375USD365

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 2020-12-31-1,485,513USD366
2019-01-01 to 2019-12-31-3,157,539USD365
2018-01-01 to 2018-12-31-3,147,794USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-12-31-162,694,983USD
At 2019-12-31-144,742,811USD

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
2020-01-01 to 2020-12-310USD366
2019-01-01 to 2019-12-310USD365
2018-01-01 to 2018-12-310USD365

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 2020-12-312,837,402USD
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
2020-01-01 to 2020-12-312,805,842USD366
2019-01-01 to 2019-12-311,498,357USD365
2018-01-01 to 2018-12-312,272,481USD365

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
2020-01-01 to 2020-12-31-19,127,464USD366
2019-01-01 to 2019-12-31-26,566,242USD365
2018-01-01 to 2018-12-31-21,860,794USD365

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 2020-12-3145,055,251USD
At 2019-12-3119,073,508USD

Interest expense

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

PeriodValueUnitDays
2018-01-01 to 2018-12-3119,332USD365

Current liabilities

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

PeriodValueUnitDays
At 2020-12-313,095,488USD
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 2020-12-311,517,155USD
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 2020-12-311,388,882USD
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
2020-01-01 to 2020-12-3121,055,073USD366
2019-01-01 to 2019-12-3122,158,121USD365
2018-01-01 to 2018-12-3123,629,076USD365

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 2020-12-316,100,824USD
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
2020-10-01 to 2020-12-31703,000USD92
2020-01-01 to 2020-12-311,927,609USD366
2020-07-01 to 2020-09-30348,000USD92
2020-04-01 to 2020-06-30796,000USD91
2020-01-01 to 2020-03-3181,000USD91
2019-10-01 to 2019-12-31-4,369,000USD92
2019-01-01 to 2019-12-31-4,408,121USD365
2019-07-01 to 2019-09-30-231,000USD92
2019-04-01 to 2019-06-30152,000USD91
2019-01-01 to 2019-03-3140,000USD90
2018-01-01 to 2018-12-311,768,282USD365

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
2020-01-01 to 2020-12-319,653,887USD366
2019-01-01 to 2019-12-3111,078,725USD365
2018-01-01 to 2018-12-316,326,086USD365

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
2020-01-01 to 2020-12-317,568,074USD366
2019-01-01 to 2019-12-318,900,837USD365
2018-01-01 to 2018-12-3110,378,728USD365

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 2020-12-3145,645,166shares
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 2020-12-31210,952,473USD
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 2020-12-311,517,306USD
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 2020-12-311,517,306USD

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 2020-12-319,201,894USD
At 2019-12-318,904,134USD

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 2020-12-316,364,492USD
At 2019-12-314,576,458USD

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 2020-12-311,593,049USD
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 2020-12-31708,333USD
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 2020-12-31983,033USD
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 2020-12-31738,561USD
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
2020-01-01 to 2020-12-31-17,952,172USD366
2019-01-01 to 2019-12-31-26,476,370USD365
2018-01-01 to 2018-12-31-21,875,713USD365

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
2020-10-01 to 2020-12-31-4,120,000USD92
2020-01-01 to 2020-12-31-20,008,322USD366
2020-07-01 to 2020-09-30-5,281,000USD92
2020-04-01 to 2020-06-30-4,746,000USD91
2020-01-01 to 2020-03-31-5,861,000USD91
2019-10-01 to 2019-12-31-10,081,000USD92
2019-01-01 to 2019-12-31-28,408,230USD365
2019-07-01 to 2019-09-30-5,967,000USD92
2019-04-01 to 2019-06-30-5,534,000USD91
2019-01-01 to 2019-03-31-6,826,000USD90
2018-01-01 to 2018-12-31-23,695,881USD365

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
2020-01-01 to 2020-12-316,915,213USD366
2019-01-01 to 2019-12-316,600,092USD365
2018-01-01 to 2018-12-316,973,238USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2020-01-01 to 2020-12-311,904,282USD366
2019-01-01 to 2019-12-311,913,409USD365
2018-01-01 to 2018-12-311,273,527USD365

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
2020-01-01 to 2020-12-311,175,292USD366
2019-01-01 to 2019-12-3189,872USD365
2018-01-01 to 2018-12-31-14,919USD365

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 2020-12-31289,413USD366
2019-01-01 to 2019-12-31599,577USD365
2018-01-01 to 2018-12-31-201,836USD365

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 2020-12-311,666,792USD366
2019-01-01 to 2019-12-312,998,724USD365
2018-01-01 to 2018-12-313,429,485USD365

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 2020-12-31454,370USD366
2019-01-01 to 2019-12-31-1,605,456USD365
2018-01-01 to 2018-12-31-846,399USD365

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"])))