{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-028505","form_type":"8-K","ticker":"VUZI","cik":"0001463972","company_name":"Vuzix Corp","filed_at":"2023-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.096552+00:00","generated_at":"2026-06-18T12:59:10.074048+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vuzix Q4 revenue falls 13% YoY; full-year net loss widens to $40.8M","bullets":["Full-year 2022 total revenues $11.8M, down 10% YoY; net loss $40.8M ($0.64/share) vs $40.4M ($0.66) in 2021.","Q4 2022 revenues $2.9M, down 13% YoY; gross loss of $0.1M vs gross loss of $0.01M in Q4 2021.","Cash and equivalents $73M; working capital $76M as of Dec 31, 2022.","Management expects record 2023 revenues; Q1 shipments and orders pacing to outpace each 2022 quarter.","OEM business group revenue grew 250% YoY; acquired Moviynt SaaS provider in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-028505","json":"https://secwatch.observer/filing/0001104659-23-028505.json","markdown":"https://secwatch.observer/filing/0001104659-23-028505.md","text":"https://secwatch.observer/filing/0001104659-23-028505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463972/000110465923028505/0001104659-23-028505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463972/000110465923028505/tm238544d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T12:59:10.074048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70075e27c5e356513036a1f5758a2d17aee3f23f","claim":"Vuzix Corp reported the three months ended December 31, 2022 results: revenue $2.9 million.","evidence_excerpt":"For the three months ended December 31, 2022, total revenues were $2.9 million, a 13% decrease over the prior year's period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463972/000110465923028505/0001104659-23-028505-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Revenue","value":"$2.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f4454cdb3a9e745deb86a8cc662d74244769da1c","claim":"Vuzix Corp reported the year ended December 31, 2022 results: revenue $11.8 million, net income $40.8 million, EPS $0.64 cents per share.","evidence_excerpt":") $ (40,764 ) $ (40,377 ) Loss per Share $ (0.17 ) $ (0.17 ) $ (0.64 ) $ (0.66 ) Full Year 2022 Financial Results For the full year ended December 31, 2022, total revenues were $11.8 million, a decrease of 10% over the comparable period in 2021. The decrease in revenues for the year was due to lower sales of smart glasses, which resulted from a combination of higher","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1463972/000110465923028505/0001104659-23-028505-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$11.8 million"},{"label":"Net income","value":"$40.8 million"},{"label":"EPS","value":"$0.64 cents per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}