---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089719"
form_type: "8-K"
ticker: "VUZI"
cik: "0001463972"
company_name: "Vuzix Corp"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:11:06.223167+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vuzix Q2 revenue up 56% on record smart glass sales; loss per share $0.14

## Summary
- Total revenue $4.7M, up 56% YoY and 12% QoQ; product sales of $4.4M led by M400 smart glasses.
- Gross profit $1.0M (21% margin) vs $0.3M (9%) YoY, driven by higher product sales and overhead absorption.
- Net loss $9.0M ($0.14/sh) vs $10.0M ($0.16/sh) in Q2 2022.
- Cash $48.6M, working capital $61.5M, no long-term debt.
- Management expects record FY2023 revenues; new waveguide plant on track for H2 2023.

## SEC filing metadata
- accession: 0001104659-23-089719
- form_type: 8-K
- ticker: VUZI
- cik: 0001463972
- company_name: Vuzix Corp
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463972/000110465923089719/0001104659-23-089719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463972/000110465923089719/tm2323442d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089719
- JSON: https://secwatch.observer/filing/0001104659-23-089719.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089719.txt

## Key facts
- Earnings Releases
  Vuzix Corp reported the three months ended June 30, 2023 results: revenue $4.7 million, net income $9.0 million, EPS $0.14 cents per share.
  - Period: the three months ended June 30, 2023
  - Revenue: $4.7 million
  - Net income: $9.0 million
  - EPS: $0.14 cents per share
  - Result: reported results
  source text: (9,045 ) (10,022 ) Loss per Common Share $ (0.14 ) $ (0.16 ) Second Quarter 2023 Financial Results For the three months ended June 30, 2023 total revenues increased by 56% to $4.7 million versus $3.0 million for the comparable period in 2022. The increase in total revenues was primarily due to higher product sales and specifically, significantly higher unit sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463972/000110465923089719/0001104659-23-089719-index.htm

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