VUZI: Vuzix Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Vuzix Corp (VUZI).
$290.05M Market Cap.
VUZI Market Cap. (MRY)
VUZI Shares Outstanding (MRY)
VUZI Assets (MRY)
Total Assets
$39.41M
Total Liabilities
$2.11M
Total Investments
$0
VUZI Income (MRY)
Revenue
$5.75M
Net Income
-$73.54M
Operating Expense
$68.37M
VUZI Cash Flow (MRY)
CF Operations
-$23.74M
CF Investing
-$2.92M
CF Financing
$18.29M
VUZI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $39,405,258 (-54.26%) | $86,147,681 (-34.27%) | $131,072,251 (-11.72%) | $148,467,057 (182.95%) |
Assets Current | $26,722,490 (-35.61%) | $41,500,411 (-54.21%) | $90,632,085 (-33.92%) | $137,150,154 (204.40%) |
Assets Non-Current | $12,682,768 (-71.59%) | $44,647,270 (10.40%) | $40,440,166 (257.34%) | $11,316,903 (52.60%) |
Goodwill & Intangible Assets | $3,759,803 (-87.25%) | $29,478,019 (-14.94%) | $34,655,496 (882.90%) | $3,525,854 (34.29%) |
Shareholders Equity | $37,292,985 (-53.84%) | $80,793,857 (-30.04%) | $115,489,739 (-19.65%) | $143,727,926 (197.55%) |
Property Plant & Equipment Net | $8,078,520 (-3.53%) | $8,374,015 (73.21%) | $4,834,670 (-23.35%) | $6,307,460 (44.84%) |
Cash & Equivalents | $18,186,506 (-31.52%) | $26,555,592 (-63.40%) | $72,563,943 (-39.63%) | $120,203,873 (233.26%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $125,901 (568.30%) | $18,839 (-35.18%) | $29,064 (4.56%) | $27,797 (-32.45%) |
Total Investments | $0 (0%) | $5,784,126 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $5,784,126 (0%) | $0 (0%) | $0 (0%) |
Inventory | $4,813,226 (-46.52%) | $9,000,430 (-20.12%) | $11,267,969 (-7.27%) | $12,151,982 (99.19%) |
Trade & Non-Trade Receivables | $2,283,216 (-42.83%) | $3,993,457 (4.32%) | $3,828,100 (70.71%) | $2,242,429 (61.46%) |
Trade & Non-Trade Payables | $538,221 (-65.73%) | $1,570,630 (29.62%) | $1,211,747 (-41.03%) | $2,054,762 (35.44%) |
Accumulated Retained Earnings (Deficit) | -$367,522,950 (-25.01%) | -$293,984,793 (-20.57%) | -$243,835,716 (-20.07%) | -$203,072,143 (-24.82%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $8,163 (-82.53%) | $46,727 (-78.27%) | $214,997 (78.80%) | $120,242 (9.66%) |
Total Debt | $494,236 (64.10%) | $301,185 (-68.50%) | $956,165 (-14.40%) | $1,117,022 (-26.38%) |
Debt Current | $494,236 (202.26%) | $163,513 (-74.88%) | $651,011 (21.88%) | $534,146 (20.17%) |
Debt Non-Current | $0 (0%) | $137,672 (-54.88%) | $305,154 (-47.65%) | $582,876 (-45.67%) |
Total Liabilities | $2,112,273 (-60.55%) | $5,353,824 (-65.64%) | $15,582,512 (228.81%) | $4,739,131 (13.69%) |
Liabilities Current | $2,112,273 (-59.51%) | $5,216,152 (-65.86%) | $15,277,358 (267.58%) | $4,156,255 (34.27%) |
Liabilities Non-Current | $0 (0%) | $137,672 (-54.88%) | $305,154 (-47.65%) | $582,876 (-45.67%) |
VUZI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $5,754,556 (-52.56%) | $12,129,139 (2.48%) | $11,835,882 (-10.10%) | $13,164,933 (13.67%) |
Cost of Revenue | $11,354,226 (-23.09%) | $14,763,869 (42.61%) | $10,352,756 (-10.72%) | $11,596,443 (5.58%) |
Selling General & Administrative Expense | $25,421,720 (-18.79%) | $31,303,985 (7.51%) | $29,117,100 (1.73%) | $28,621,762 (161.27%) |
Research & Development Expense | $9,626,452 (-21.99%) | $12,339,534 (-2.66%) | $12,676,688 (8.58%) | $11,674,954 (54.27%) |
Operating Expenses | $68,371,824 (37.66%) | $49,666,809 (13.61%) | $43,715,397 (5.22%) | $41,548,597 (110.63%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $307,368 (196.02%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$73,538,157 (-46.64%) | -$50,149,077 (-23.02%) | -$40,763,573 (-0.96%) | -$40,377,160 (-124.92%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$73,538,157 (-46.64%) | -$50,149,077 (-23.02%) | -$40,763,573 (-0.96%) | -$40,377,160 (-124.92%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$73,538,157 (-46.64%) | -$50,149,077 (-23.02%) | -$40,763,573 (-0.96%) | -$40,377,160 (-101.80%) |
Weighted Average Shares | $67,836,002 (6.94%) | $63,432,422 (-0.43%) | $63,708,986 (4.23%) | $61,125,215 (60.39%) |
Weighted Average Shares Diluted | $67,836,002 (6.94%) | $63,432,422 (-0.43%) | $63,708,986 (4.23%) | $61,125,215 (60.39%) |
Earning Before Interest & Taxes (EBIT) | -$73,538,157 (-46.64%) | -$50,149,077 (-23.02%) | -$40,763,573 (-1.73%) | -$40,069,792 (-124.50%) |
Gross Profit | -$5,599,670 (-112.53%) | -$2,634,730 (-277.65%) | $1,483,126 (-5.44%) | $1,568,490 (162.31%) |
Operating Income | -$73,971,494 (-41.43%) | -$52,301,539 (-23.84%) | -$42,232,271 (-5.63%) | -$39,980,107 (-109.02%) |
VUZI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$2,919,949 (84.86%) | -$19,280,966 (8.93%) | -$21,170,816 (-336.29%) | -$4,852,452 (-226.65%) |
Net Cash Flow from Financing | $18,290,235 (4168.47%) | -$449,561 (76.92%) | -$1,948,032 (-101.68%) | $115,967,228 (183.45%) |
Net Cash Flow from Operations | -$23,739,372 (9.66%) | -$26,277,824 (-7.16%) | -$24,521,082 (9.12%) | -$26,980,411 (-93.21%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$8,369,086 (81.81%) | -$46,008,351 (3.42%) | -$47,639,930 (-156.62%) | $84,134,365 (230.41%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$2,500,000 (-8.70%) | -$2,300,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$1,358,991 (74.47%) | -$5,323,483 (-208.85%) | -$1,723,622 (54.75%) | -$3,809,268 (-667.02%) |
Issuance (Repayment) of Debt Securities | $10,000,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $8,290,235 (1944.07%) | -$449,561 (76.92%) | -$1,948,032 (-101.53%) | $127,111,592 (222.97%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $11,565,374 (-9.01%) | $12,711,084 (-19.43%) | $15,775,553 (-8.83%) | $17,302,833 (516.67%) |
Depreciation Amortization & Accretion | $3,930,169 (-20.31%) | $4,931,692 (90.57%) | $2,587,901 (12.05%) | $2,309,571 (-12.58%) |
VUZI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | -97.30% (-348.39%) | -21.70% (-273.60%) | 12.50% (5.04%) | 11.90% (128.85%) |
Profit Margin | -1277.90% (-209.04%) | -413.50% (-20.06%) | -344.40% (-12.29%) | -306.70% (-77.49%) |
EBITDA Margin | -1209.60% (-224.46%) | -372.80% (-15.60%) | -322.50% (-12.45%) | -286.80% (-118.43%) |
Return on Average Equity (ROAE) | -158.70% (-208.16%) | -51.50% (-60.94%) | -32.00% (-18.52%) | -27.00% (55.95%) |
Return on Average Assets (ROAA) | -149.70% (-213.84%) | -47.70% (-62.80%) | -29.30% (-11.41%) | -26.30% (51.12%) |
Return on Sales (ROS) | -1277.90% (-209.04%) | -413.50% (-20.06%) | -344.40% (-13.14%) | -304.40% (-97.53%) |
Return on Invested Capital (ROIC) | -326.70% (-41.61%) | -230.70% (-5.25%) | -219.20% (-0.09%) | -219.00% (-69.90%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -3.65 (-38.23%) | -2.64 (53.60%) | -5.69 (56.70%) | -13.14 (23.32%) |
Price to Sales Ratio (P/S) | 46.45 (325.95%) | 10.9 (-44.35%) | 19.59 (-51.33%) | 40.26 (34.73%) |
Price to Book Ratio (P/B) | 7.78 (375.95%) | 1.63 (-18.67%) | 2.01 (-47.66%) | 3.84 (-52.20%) |
Debt to Equity Ratio (D/E) | 0.06 (-13.64%) | 0.07 (-51.11%) | 0.14 (309.09%) | 0.03 (-61.63%) |
Earnings Per Share (EPS) | -1.08 (-36.71%) | -0.79 (-23.44%) | -0.64 (3.03%) | -0.66 (-24.53%) |
Sales Per Share (SPS) | 0.09 (-55.50%) | 0.19 (2.69%) | 0.19 (-13.49%) | 0.21 (-29.28%) |
Free Cash Flow Per Share (FCFPS) | -0.37 (25.70%) | -0.5 (-20.87%) | -0.41 (18.25%) | -0.5 (-32.98%) |
Book Value Per Share (BVPS) | 0.55 (-56.83%) | 1.27 (-29.73%) | 1.81 (-22.88%) | 2.35 (85.56%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.53 (-41.21%) | 0.89 (-40.98%) | 1.51 (-36.19%) | 2.37 (81.27%) |
Enterprise Value Over EBIT (EV/EBIT) | -4 (-100.00%) | -2 (33.33%) | -3 (72.73%) | -11 (47.62%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -3.97 (-90.09%) | -2.09 (43.98%) | -3.73 (66.80%) | -11.23 (53.35%) |
Asset Turnover | 0.12 (1.74%) | 0.12 (35.29%) | 0.09 (-1.16%) | 0.09 (-72.44%) |
Current Ratio | 12.65 (59.01%) | 7.96 (34.12%) | 5.93 (-82.02%) | 33 (126.71%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$25,098,363 (20.58%) | -$31,601,307 (-20.41%) | -$26,244,704 (14.76%) | -$30,789,679 (-112.92%) |
Enterprise Value (EV) | $276,392,500 (192.62%) | $94,453,684 (-33.64%) | $142,345,497 (-66.44%) | $424,161,689 (15.85%) |
Earnings Before Tax (EBT) | -$73,538,157 (-46.64%) | -$50,149,077 (-23.02%) | -$40,763,573 (-1.73%) | -$40,069,792 (-124.50%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$69,607,988 (-53.94%) | -$45,217,385 (-18.45%) | -$38,175,672 (-1.10%) | -$37,760,221 (-148.32%) |
Invested Capital | $15,840,912 (-37.14%) | $25,199,103 (164.37%) | $9,531,619 (-56.07%) | $21,698,097 (77.88%) |
Working Capital | $24,610,217 (-32.17%) | $36,284,259 (-51.85%) | $75,354,727 (-43.34%) | $132,993,899 (216.96%) |
Tangible Asset Value | $35,645,455 (-37.10%) | $56,669,662 (-41.22%) | $96,416,755 (-33.48%) | $144,941,203 (190.78%) |
Market Capitalization | $290,045,011 (119.67%) | $132,038,063 (-43.09%) | $232,012,326 (-57.94%) | $551,686,631 (42.23%) |
Average Equity | $46,347,950 (-52.39%) | $97,346,948 (-23.59%) | $127,397,564 (-14.72%) | $149,383,801 (357.76%) |
Average Assets | $49,116,962 (-53.24%) | $105,042,818 (-24.44%) | $139,018,890 (-9.60%) | $153,773,858 (313.77%) |
Invested Capital Average | $22,508,976 (3.54%) | $21,740,224 (16.89%) | $18,598,343 (1.65%) | $18,296,976 (32.19%) |
Shares | 73,615,485 (16.25%) | 63,327,608 (-0.65%) | 63,739,650 (0.17%) | 63,631,676 (48.96%) |