Vuzix Q1 revenue falls 21% to $1.6M; net loss narrows to $8.6M

Vuzix Corp

2025-Q1 EPS reported -$0.11 revenue$1,580,941

Total revenues $1.6M, down 21% YoY from $2.0M, driven by lower M400 smart glasses sales.
Net loss narrowed to $8.6M ($0.11/share) from $10.0M ($0.16/share) a year ago.
Gross loss of $0.3M due to fixed manufacturing overhead on reduced product builds.
Cash used in operations improved to $3.5M from $8.8M; working capital $19.5M at March 31, 2025.
Management cites growing ODM/OEM opportunities and partnerships with Quanta and others.

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