Skip to content

Vuzix Corp: 10-K/A filed 2022-10-25

What Vuzix Corp reported in its annual report amendment filed 2022-10-25 (fiscal FY 2021): 48 published measures, 229 facts as tagged in accession 0001558370-22-015325.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form
10-K/A (annual report amendment)
Filed
2022-10-25
Fiscal period
fiscal FY 2021
Accession
0001558370-22-015325 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 2021-12-31148,467,057USD
At 2020-12-3152,471,484USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-314,739,131USD
At 2020-12-314,168,299USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-31143,727,926USD
At 2020-12-3148,303,185USD
At 2019-12-3124,240,443USD
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 2021-12-31120,203,873USD
At 2020-12-3136,069,508USD

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
2021-10-01 to 2021-12-31-11,493,000USD92
2021-01-01 to 2021-12-31-40,377,160USD365
2021-07-01 to 2021-09-30-10,487,548USD92
2021-01-01 to 2021-09-30-28,884,390USD273
2021-04-01 to 2021-06-30-9,245,472USD91
2021-01-01 to 2021-06-30-18,396,842USD181
2021-01-01 to 2021-03-31-9,151,370USD90
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

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31-26,980,411USD365
2021-01-01 to 2021-09-30-18,909,428USD273
2021-01-01 to 2021-06-30-13,108,703USD181
2021-01-01 to 2021-03-31-5,921,629USD90
2020-01-01 to 2020-12-31-13,964,053USD366
2019-01-01 to 2019-12-31-22,355,020USD365

Capital expenditure payments

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

PeriodValueUnitDays
2021-01-01 to 2021-12-313,809,268USD365
2020-01-01 to 2020-12-31496,629USD366
2019-01-01 to 2019-12-311,898,771USD365

Revenue

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

PeriodValueUnitDays
2021-10-01 to 2021-12-313,314,000USD92
2021-01-01 to 2021-12-3113,164,933USD365
2021-07-01 to 2021-09-303,018,774USD92
2021-04-01 to 2021-06-302,916,538USD91
2021-01-01 to 2021-03-313,915,389USD90
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

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31115,967,228USD365
2020-01-01 to 2020-12-3140,912,983USD366
2019-01-01 to 2019-12-3118,855,007USD365

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31-4,852,452USD365
2020-01-01 to 2020-12-31-1,485,513USD366
2019-01-01 to 2019-12-31-3,157,539USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-12-31-203,072,143USD
At 2021-09-30-191,579,373USD
At 2021-06-30-181,091,825USD
At 2021-03-31-171,846,353USD
At 2020-12-31-162,694,983USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-01-01 to 2021-12-3161,125,215shares365
2020-01-01 to 2020-12-3138,109,765shares366
2019-01-01 to 2019-12-3130,348,452shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2021-01-01 to 2021-12-3161,125,215shares365
2020-01-01 to 2020-12-3138,109,765shares366
2019-01-01 to 2019-12-3130,348,452shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2021-10-01 to 2021-12-31-0.17USD/shares92
2021-01-01 to 2021-12-31-0.66USD/shares365
2021-07-01 to 2021-09-30-0.17USD/shares92
2021-04-01 to 2021-06-30-0.15USD/shares91
2021-01-01 to 2021-03-31-0.17USD/shares90
2020-10-01 to 2020-12-31-0.09USD/shares92
2020-01-01 to 2020-12-31-0.53USD/shares366
2020-07-01 to 2020-09-30-0.13USD/shares92
2020-04-01 to 2020-06-30-0.13USD/shares91
2020-01-01 to 2020-03-31-0.18USD/shares91
2019-10-01 to 2019-12-31-0.31USD/shares92
2019-01-01 to 2019-12-31-0.94USD/shares365
2019-07-01 to 2019-09-30-0.18USD/shares92
2019-04-01 to 2019-06-30-0.2USD/shares91
2019-01-01 to 2019-03-31-0.25USD/shares90

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2021-10-01 to 2021-12-31-0.17USD/shares92
2021-01-01 to 2021-12-31-0.66USD/shares365
2021-07-01 to 2021-09-30-0.17USD/shares92
2021-04-01 to 2021-06-30-0.15USD/shares91
2021-01-01 to 2021-03-31-0.17USD/shares90
2020-10-01 to 2020-12-31-0.09USD/shares92
2020-01-01 to 2020-12-31-0.53USD/shares366
2020-07-01 to 2020-09-30-0.13USD/shares92
2020-04-01 to 2020-06-30-0.13USD/shares91
2020-01-01 to 2020-03-31-0.18USD/shares91
2019-10-01 to 2019-12-31-0.31USD/shares92
2019-01-01 to 2019-12-31-0.94USD/shares365
2019-07-01 to 2019-09-30-0.18USD/shares92
2019-04-01 to 2019-06-30-0.2USD/shares91
2019-01-01 to 2019-03-31-0.25USD/shares90

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 2021-12-315,190,438USD
At 2020-12-312,837,402USD

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
2021-01-01 to 2021-12-3117,302,833USD365
2021-01-01 to 2021-09-3012,830,782USD273
2021-01-01 to 2021-06-308,661,613USD181
2021-01-01 to 2021-03-314,618,213USD90
2020-01-01 to 2020-12-312,805,842USD366
2019-01-01 to 2019-12-311,498,357USD365

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
2021-01-01 to 2021-12-31-39,980,107USD365
2021-07-01 to 2021-09-30-10,371,862USD92
2021-04-01 to 2021-06-30-9,207,296USD91
2021-01-01 to 2021-03-31-9,085,965USD90
2020-01-01 to 2020-12-31-19,127,464USD366
2019-01-01 to 2019-12-31-26,566,242USD365

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 2021-12-31137,150,154USD
At 2020-12-3145,055,251USD

Current liabilities

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

PeriodValueUnitDays
At 2021-12-314,156,255USD
At 2020-12-313,095,488USD

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 2021-12-312,054,762USD
At 2020-12-311,517,155USD

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 2021-12-312,242,429USD
At 2020-12-311,388,882USD

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
2021-01-01 to 2021-12-3142,430,952USD365
2021-07-01 to 2021-09-3010,955,199USD92
2021-04-01 to 2021-06-309,786,668USD91
2021-01-01 to 2021-03-3110,165,556USD90
2020-01-01 to 2020-12-3121,055,073USD366
2019-01-01 to 2019-12-3122,158,121USD365

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 2021-12-3112,151,982USD
At 2020-12-316,100,824USD

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
2021-10-01 to 2021-12-31209,000USD92
2021-01-01 to 2021-12-312,450,845USD365
2021-07-01 to 2021-09-30583,337USD92
2021-04-01 to 2021-06-30579,372USD91
2021-01-01 to 2021-03-311,079,591USD90
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

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
2021-01-01 to 2021-12-3110,714,088USD365
2021-07-01 to 2021-09-302,435,437USD92
2021-04-01 to 2021-06-302,337,166USD91
2021-01-01 to 2021-03-312,835,798USD90
2020-01-01 to 2020-12-319,653,887USD366
2019-01-01 to 2019-12-3111,078,725USD365

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
2021-01-01 to 2021-12-3111,674,954USD365
2021-07-01 to 2021-09-303,397,118USD92
2021-04-01 to 2021-06-302,723,994USD91
2021-01-01 to 2021-03-312,205,318USD90
2020-01-01 to 2020-12-317,568,074USD366
2019-01-01 to 2019-12-318,900,837USD365

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 2021-12-3163,672,268shares
At 2020-12-3145,645,166shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2021-12-31120,203,873USD
At 2020-12-3136,069,508USD
At 2019-12-3110,606,091USD
At 2018-12-3117,263,643USD

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 2021-12-31346,736,397USD
At 2021-09-30342,644,630USD
At 2021-06-30336,770,866USD
At 2021-03-31318,720,283USD
At 2020-12-31210,952,473USD

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 2021-12-311,117,022USD
At 2020-12-311,517,306USD

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 2021-12-311,117,022USD

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 2021-12-3111,051,777USD
At 2020-12-319,201,894USD

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 2021-12-315,861,339USD
At 2020-12-316,364,492USD

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 2021-12-311,988,370USD
At 2020-12-311,593,049USD

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 2021-12-311,483,589USD
At 2020-12-31708,333USD

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 2021-12-311,419,308USD
At 2020-12-31983,033USD

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 2021-12-312,047,819USD
At 2020-12-31738,561USD

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
2021-01-01 to 2021-12-31-40,377,160USD365
2020-01-01 to 2020-12-31-17,952,172USD366
2019-01-01 to 2019-12-31-26,476,370USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-40,377,160USD365
2020-01-01 to 2020-12-31-17,952,172USD366
2019-01-01 to 2019-12-31-26,476,370USD365

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
2021-10-01 to 2021-12-31-11,493,000USD92
2021-01-01 to 2021-12-31-40,377,160USD365
2021-07-01 to 2021-09-30-10,488,000USD92
2021-04-01 to 2021-06-30-9,245,000USD91
2021-01-01 to 2021-03-31-9,151,000USD90
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

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
2021-01-01 to 2021-12-3122,502,833USD365
2021-07-01 to 2021-09-305,463,247USD92
2021-04-01 to 2021-06-305,181,042USD91
2021-01-01 to 2021-03-316,027,757USD90
2020-01-01 to 2020-12-316,915,213USD366
2019-01-01 to 2019-12-316,600,092USD365

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
2021-01-01 to 2021-12-311,306,479USD365
2020-01-01 to 2020-12-311,904,282USD366
2019-01-01 to 2019-12-311,913,409USD365

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
2021-01-01 to 2021-12-31-397,053USD365
2021-07-01 to 2021-09-30-115,686USD92
2021-04-01 to 2021-06-30-38,176USD91
2021-01-01 to 2021-03-31-65,405USD90
2020-01-01 to 2020-12-311,175,292USD366
2019-01-01 to 2019-12-3189,872USD365

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
2021-01-01 to 2021-12-3191,613,587USD365
2020-01-01 to 2020-12-3125,199,336USD366
2019-01-01 to 2019-12-3118,855,007USD365

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
2021-01-01 to 2021-12-31853,547USD365
2020-01-01 to 2020-12-31289,413USD366
2019-01-01 to 2019-12-31599,577USD365

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
2021-01-01 to 2021-12-316,571,108USD365
2020-01-01 to 2020-12-311,666,792USD366
2019-01-01 to 2019-12-312,998,724USD365

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
2021-01-01 to 2021-12-31537,607USD365
2020-01-01 to 2020-12-31454,370USD366
2019-01-01 to 2019-12-31-1,605,456USD365

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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"])))