---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-060214"
form_type: "8-K"
ticker: "VUZI"
cik: "0001463972"
company_name: "Vuzix Corp"
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T16:36:51.911103+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vuzix Q1 revenue down 36% to $2.5M; net loss widens to $10.5M

## Summary
- Total revenues $2.5M vs. $3.9M in Q1 2021, driven by 37% drop in smart glasses product sales.
- Net loss $10.5M ($0.16 loss per share) vs. $9.2M loss ($0.17) in prior year.
- Gross profit margin 26% vs. 28%; R&D expenses rose 41% to $3.1M on Shield smart glasses development.
- Cash and equivalents $113.3M, working capital $126.6M as of March 31, 2022.
- Management positive on 2022 outlook citing repeat orders and defense market engagement post-June.

## SEC filing metadata
- accession: 0001104659-22-060214
- form_type: 8-K
- ticker: VUZI
- cik: 0001463972
- company_name: Vuzix Corp
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463972/000110465922060214/0001104659-22-060214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463972/000110465922060214/tm2215551d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-060214
- JSON: https://secwatch.observer/filing/0001104659-22-060214.json
- Plain text: https://secwatch.observer/filing/0001104659-22-060214.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.