Peter Jameson
On January 10, 2022, Peter Jameson was appointed chief operating officer of Vuzix Corporation (the “Company”).
Highest-materiality recent filing
Vuzix Q1 2026 revenue down 12% to $1.4M; net loss $7.1M
Total revenue $1.4M, down 12% YoY; product sales fell due to lower M400 smart glasses unit sales.
Vuzix full-year 2025 revenue up 9%, net loss narrows to $32.3M; Quanta funding secured
Full year 2025 revenue $6.3M (+9% YoY); net loss $32.3M vs $73.5M in 2024.
Vuzix Q3 net loss $7.4M; revenue down 16% YoY; receives $5M from Quanta
Net loss $7.4M ($0.09 per share) vs $9.2M ($0.14) a year ago; total revenue $1.2M, down 16% YoY.
Vuzix Q2 revenue up 19% to $1.3M; net loss narrows to $7.7M on cost controls
Revenue $1.3M (+19% YoY); product sales $1.045M (+74% YoY).
Vuzix receives $5M second tranche from Quanta; waveguide production targets met
Received $5M gross proceeds from Quanta as second tranche of $20M commitment; total investment now $15M.
Vuzix Q1 revenue falls 21% to $1.6M; net loss narrows to $8.6M
Total revenues $1.6M, down 21% YoY from $2.0M, driven by lower M400 smart glasses sales.
Vuzix reports FY2024 revenue $5.8M (down 53% YoY); net loss $73.5M ($1.08/share)
Q4 2024 revenue $1.3M, net loss $13.7M ($0.16 loss per share) vs Q4 2023 $1.1M, loss $19.9M ($0.32).
Vuzix COO Peter Jameson steps down immediately for health reasons; no replacement named
Peter Jameson, COO since January 10, 2022, resigned effective March 11, 2025 due to health reasons.
Vuzix Q3 revenue falls 36% to $1.4M; net loss narrows to $9.2M
Total revenues $1.4M vs $2.2M YoY; product sales down 28%, engineering services down 51%.
Vuzix closes first tranche of private placement with Quanta; raises $10M
Closed first tranche of securities purchase agreement with Quanta Computer Inc.
Quanta Computer invests $20M in Vuzix; first tranche $10M common at $1.30/share
Quanta Computer commits $20M in three tranches: $10M common stock (first closing) and two $5M Series B Preferred tranches tied to waveguide production milestones.
Vuzix Q2 revenue down 77% to $1.1M, net loss $40.6M on $30.1M impairment charge
Total revenues $1.1M, down 77% YoY from $4.7M; product sales fell to $601K from $4.4M.
Vuzix to record up to $32.2M impairment after Atomistic license termination
Atomistic terminated the Granted License after Vuzix ceased funding development.
Vuzix Q1 revenue down 52% to $2.0M; net loss $10.0M
Total revenues $2.0M, down 52% YoY from $4.2M; gross loss of $0.1M vs prior-year gross profit of $0.9M (21% margin).
Vuzix reports FY2023 net loss $50.1M; Q4 revenue down 63% YoY
FY2023 revenue $12.1M (+2% YoY); net loss $50.1M ($0.79/sh) vs $40.8M ($0.64) in FY2022.
Vuzix Q3 revenue down 36% to $2.2M; net loss widens to $11.0M
Total sales $2.18M vs $3.43M YoY; product sales fell to $1.37M from $2.54M.
Vuzix Q2 revenue up 56% on record smart glass sales; loss per share $0.14
Total revenue $4.7M, up 56% YoY and 12% QoQ; product sales of $4.4M led by M400 smart glasses.
Vuzix Q1 2023 revenue up 67% YoY to $4.2M; net loss narrows slightly
Total revenue $4.2M vs $2.5M YoY (+67%) driven by record smart glasses sales.
Vuzix Q4 revenue falls 13% YoY; full-year net loss widens to $40.8M
Full-year 2022 total revenues $11.8M, down 10% YoY; net loss $40.8M ($0.64/share) vs $40.4M ($0.66) in 2021.
Vuzix Q3 revenue up 14% to $3.4M; net loss narrows to $9.5M
Total revenue $3.4M (+14% YoY); product sales $2.5M, engineering services $0.9M.
Vuzix Q2 net loss $10.0M ($0.16/sh); revenue $3.0M (+3% YoY)
Total revenue $3.008M vs $2.917M in Q2 2021; product sales $2.899M (+2%).
Vuzix signs exclusive license and equity deal with Atomistic for MicroLED microdisplays
License: $30M in installment payments for exclusive worldwide royalty-free rights to MicroLED/MicroLaser tech.
Vuzix Q1 revenue down 36% to $2.5M; net loss widens to $10.5M
Total revenues $2.5M vs. $3.9M in Q1 2021, driven by 37% drop in smart glasses product sales.
Vuzix reports FY 2021 revenue up 14% to $13.2M; net loss widens; board explores $25M buyback
FY 2021 total revenue $13.2M (+14% YoY); smart glasses revenue +27% YoY.
Vuzix Q3 revenue up 9% to $3.0M; net loss widens to $7.9M; expects Q4 sequential growth
Product sales $3.0M (+12% YoY); total revenue $3.0M (+9%).
Vuzix Q2 2021 net loss widens to $8.8M; product sales up 21% YoY; cash $137.6M
Product revenue rose 21% to $2.83M; total revenue down 4% to $2.92M on $0.6M drop in engineering services.
On January 10, 2022, Peter Jameson was appointed chief operating officer of Vuzix Corporation (the “Company”).
Max materiality 0.80 · Median 0.65 · Most common event earnings