---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-024334"
form_type: "8-K"
ticker: "VUZI"
cik: "0001463972"
company_name: "Vuzix Corp"
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T15:28:16.021224+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vuzix reports FY2024 revenue $5.8M (down 53% YoY); net loss $73.5M ($1.08/share)

## Summary
- Q4 2024 revenue $1.3M, net loss $13.7M ($0.16 loss per share) vs Q4 2023 $1.1M, loss $19.9M ($0.32).
- Full-year revenue fell 53% to $5.8M from $12.1M; gross loss widened to $5.6M from $2.6M.
- Cash operating expenses reduced ~$8M (25%) vs 2023; cash and equivalents $18.2M at year-end.
- Recorded $30.3M impairment on intangible asset and equity investment during 2024.
- Expects design wins for ODM/OEM products and defense contracts in 2025; plans to deplete smart glasses inventory.

## SEC filing metadata
- accession: 0001104659-25-024334
- form_type: 8-K
- ticker: VUZI
- cik: 0001463972
- company_name: Vuzix Corp
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463972/000110465925024334/0001104659-25-024334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463972/000110465925024334/tm259467d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-024334
- JSON: https://secwatch.observer/filing/0001104659-25-024334.json
- Plain text: https://secwatch.observer/filing/0001104659-25-024334.txt

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