Vuzix SEC Filings

Vuzix Corporation reported third‑quarter 2025 results with total sales of $1.16 million, down 16% year over year, reflecting lower Smart Glasses unit sales and reduced engineering services. Cost of sales exceeded revenue, producing a gross loss of $411,307.

Operating expenses declined versus last year, narrowing the operating loss to $7.49 million. Net loss was $7.35 million (basic and diluted loss per share $0.09), compared with a $9.22 million loss a year ago. Cash and cash equivalents were $22.61 million at September 30, 2025.

The company raised equity to support liquidity: year‑to‑date ATM sales generated $9.64 million net (including $5.55 million in Q3), and Vuzix issued $10 million of Series B Preferred Stock to Quanta in two 2025 closings tied to milestones. Management disclosed substantial doubt indicators but stated that planned capital raises and operational actions have alleviated doubt about continuing as a going concern.

Vuzix Corporation filed an S-3 shelf registration allowing a selling stockholder to offer registered shares for resale. The prospectus references incorporated SEC reports including the Form 10-K for fiscal 2024 and multiple 10-Qs and 8-Ks through September 23, 2025. The document states there were 80,325,113 shares of common stock outstanding as of October 8, 2025 and discloses that certain shares represent conversion shares from Series B preferred stock. The prospectus lists permitted sale methods (brokered ordinary transactions, block trades, principal purchases and resales, exchange distributions, privately negotiated transactions, short sales after effectiveness, options and hedging), and explains the selling stockholder may sell all, some or none of the registered shares. The filing is signed by the CEO and CFO and several directors on October 8, 2025.

Chris Parkinson, President of Vuzix Enterprise Solutions, reported insider grants on 09/29/2025. He was granted 150,000 shares of restricted common stock issued at no cash price and will own 152,250 shares following the transaction. In addition, he received 1,000,000 Restricted Stock Units (RSUs) that each represent the right to one share; those RSUs will vest only if specified revenue and EBITDA targets for the Enterprise Solutions business unit are met by December 31, 2028. The restricted shares will vest quarterly over one year.

Alasdair MacKinnon, a director of Vuzix Corp (VUZI), was granted 65,295 shares of restricted common stock on 08/05/2025. The Form 4 reports the acquisition at a reported price of $0, indicating a restricted stock grant rather than a market purchase. Following the grant MacKinnon beneficially owns 65,295 shares directly. The grant vests in three tranches: 45,295 shares vest on June 30, 2026, 10,000 shares vest on June 30, 2026, and 10,000 shares vest on June 30, 2027. The Form 4 is signed by MacKinnon on 09/25/2025.

Form 3 filed for Vuzix Corp (VUZI) by Alasdair John MacKinnon reports his initial beneficial ownership statement as a director. The filing shows 0 shares of common stock beneficially owned and indicates the form was required by an event on 08/05/2025. The submission is signed by the reporting person on 09/25/2025. No derivative securities or indirect ownership are disclosed.

Quanta Computer Inc. purchased 230,242 shares of Vuzix Corp's Series B Preferred Stock on 09/19/2025 at a price of $21.716 per share under the third closing of a securities purchase agreement dated September 3, 2024. Each Series B preferred share is convertible into 10 shares of Vuzix common stock, representing 2,302,420 underlying common shares. The Form 4 was filed as a single reporting person and lists Quanta as a director-related reporting person; the form is signed by C.C. Leung on 09/23/2025.

Vuzix Corp reporting person Christopher Iain Parkinson filed an initial Form 3 disclosing direct ownership of 2,250 shares of Vuzix common stock (ticker: VUZI). The filing lists Parkinson's address in West Henrietta, NY and his role as President, Vuzix Enterprise Solutions and an officer/director of the issuer. The reported event date is 09/03/2025 and the form is signed 09/19/2025.