Vuzix corp (VUZI)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Current Assets
Cash and Cash Equivalents

6,142

10,606

15,640

3,359

10,085

17,263

23,471

29,150

36,067

14,889

8,677

6,129

10,395

14,533

5,941

4,586

8,213

11,877

16,072

15,047

22,884

84

564

1,971

271

310

2,569

80

532

66

171

1,527

411

417

412

639

2,636

Accounts Receivable, Net

376

1,371

965

1,024

199

772

1,047

2,044

1,051

974

470

142

320

103

119

101

56

325

664

84

255

383

117

166

187

214

163

225

224

170

290

175

796

1,078

1,376

1,188

1,358

Accrued Project Revenue

160

0

145

281

-

-

0

0

0

497

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note Receivable

250

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subscription Receivable from Officer

-

-

-

-

-

-

-

-

-

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Project Revenue

160

0

145

281

-

-

0

0

0

497

687

420

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, Net

5,668

5,707

8,808

8,428

8,110

7,281

6,802

5,273

4,276

3,852

2,842

3,407

2,720

2,651

3,972

3,470

3,406

3,349

1,761

1,086

1,013

911

1,081

916

1,035

953

645

486

648

687

697

719

1,853

2,539

3,523

3,826

3,748

Licenses, Net

527

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Manufacturing Vendor Prepayments

474

242

1,499

515

386

755

513

414

126

154

117

206

212

144

205

424

336

369

1,278

843

-

156

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Offering Costs (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

340

242

199

-

-

-

0

-

-

-

Prepaid Expenses and Other Assets

707

895

986

813

872

1,310

1,501

790

512

873

762

517

550

797

832

869

439

608

370

536

383

422

233

60

64

200

83

84

65

85

74

143

83

100

62

64

158

Total Current Assets

14,306

19,073

28,047

14,423

19,654

27,383

33,337

37,674

42,034

21,242

13,618

10,822

14,200

18,230

11,071

9,452

12,452

16,530

20,147

22,599

24,536

1,959

1,996

3,115

1,560

1,679

3,461

1,217

1,713

1,209

1,235

2,566

3,145

4,136

5,375

5,719

7,903

Long-Term Assets
Fixed Assets, Net

3,880

4,327

4,598

4,614

4,517

4,291

4,075

4,145

4,178

4,124

3,885

3,586

3,413

3,364

3,070

2,551

2,283

2,015

804

486

387

416

415

353

415

446

519

512

589

664

674

730

879

961

782

596

562

Operating Lease Right-of-Use Asset

1,964

2,096

565

697

860

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Patents and Trademarks, Net

1,261

1,294

1,259

1,244

1,206

1,164

1,069

879

854

813

632

587

552

535

540

520

520

515

528

514

419

423

524

514

494

495

550

551

556

551

592

585

702

720

742

718

726

Licenses, Net

284

314

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software Development Costs, Net

-

-

125

150

175

-

225

496

452

408

329

171

143

214

286

358

429

501

572

644

716

787

884

722

521

240

-

-

-

0

-

-

-

-

-

-

-

Licenses, Net

-

-

346

376

406

437

-

-

-

243

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible Asset, Net

888

990

1,092

1,194

-

1,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible Asset, net

-

-

-

-

1,296

-

-

-

246

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets, Net

441

350

316

305

296

459

469

472

-

0

-

-

-

-

-

-

-

-

77

89

101

-

124

134

-

0

-

-

-

-

-

-

-

-

-

-

-

Debenture Issuance Costs, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

214

225

-

-

-

-

-

-

-

-

Total Assets

23,027

28,446

36,350

23,005

28,412

35,133

39,177

43,667

47,766

26,833

18,466

15,167

18,308

22,345

14,968

12,882

15,686

19,562

22,131

24,333

26,160

3,587

3,944

4,840

2,991

2,862

4,530

2,496

3,084

2,425

2,502

3,882

4,727

5,818

6,901

7,035

9,192

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Current Liabilities
Accounts Payable

1,297

1,062

1,061

1,587

1,715

2,668

1,796

2,619

1,747

3,726

1,819

1,809

1,003

1,085

1,529

1,057

437

907

397

688

827

2,183

1,741

2,092

2,273

2,420

2,394

3,512

3,201

2,896

2,278

2,706

3,725

3,766

3,633

3,091

4,128

Customer Deposits

-

-

0

0

74

152

316

-

-

73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned Revenue

99

142

182

-

-

211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of Credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

112

-

-

-

0

0

112

112

112

0

-

422

652

452

450

96

Notes Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

37

89

159

231

278

406

492

389

258

-

-

-

0

-

-

-

Current Portion of Long-term Debt, Net of discounts

-

-

-

-

-

-

-

-

-

-

0

0

518

1,416

1,333

1,468

53

55

73

82

80

128

98

98

99

99

100

1,682

1,283

1,060

887

521

5,142

4,924

5,034

727

810

Current Portion of Capital Leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

11

16

21

20

21

24

26

34

44

57

51

65

79

84

89

95

99

Customer Deposits

-

-

-

-

-

-

-

229

210

-

63

47

108

66

43

34

52

27

20

21

19

120

177

67

98

131

74

43

59

63

64

34

28

392

774

895

1,289

Unearned Revenue

-

-

-

229

230

-

196

69

0

107

117

139

298

509

370

261

114

69

74

68

68

53

-

-

-

39

-

-

-

-

-

-

-

-

-

-

-

Accrued Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

54

44

-

51

407

237

161

0

-

288

62

128

-

-

Current Portion of Deferred Trade Payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

793

-

Accrued Expenses

555

885

878

640

943

1,614

1,242

1,595

1,075

1,389

1,160

1,064

1,245

1,331

1,053

915

769

734

715

719

673

699

634

582

540

591

612

718

607

519

247

255

241

305

374

236

288

Derivative Liability

-

-

-

-

-

-

0

172

124

152

122

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes Payable

21

18

68

59

77

30

30

20

22

3

6

2

11

12

23

18

15

7

9

6

29

35

46

38

86

75

30

27

24

21

0

-

-

0

0

4

9

Operating Lease Right-of-Use Liability

524

524

533

533

533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Liability (Note 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

915

635

-

-

-

-

-

-

-

-

Total Current Liabilities

2,498

2,634

2,724

3,050

3,574

4,676

3,582

4,706

3,181

5,453

3,290

3,062

3,185

4,421

4,354

3,755

1,442

1,802

1,291

1,593

1,710

3,386

2,874

3,114

3,396

3,660

3,697

7,947

6,595

5,150

3,529

3,582

9,928

10,188

10,485

6,294

6,722

Long-Term Liabilities
Operating Lease Right-of-Use Liability

1,440

1,571

32

164

326

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Liability

-

-

-

-

-

-

-

-

-

-

0

163

150

173

297

238

139

240

110

169

175

13,541

9,920

8,961

8,363

12,035

8,576

-

-

0

-

-

-

-

-

-

-

Accrued Compensation (Note 18)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,110

1,060

1,010

1,050

993

903

810

795

745

645

Term Debt, net of discounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,335

1,227

1,193

1,077

1,077

976

1,067

1,207

168

170

219

1,319

1,680

1,715

1,935

2,302

919

1,072

501

3,184

4,713

Accrued Expenses

-

-

-

-

-

-

-

-

-

-

20

23

25

28

30

33

35

38

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long Term Portion of Deferred Trade Payables (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

862

-

Long-Term Portion of Capital Leases (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

11

16

21

26

33

40

12

19

35

52

69

93

102

Accrued Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

181

160

149

125

103

81

54

23

14

16

11

790

773

719

799

708

551

520

503

475

420

Total Long-Term Liabilities

-

-

-

-

-

-

-

-

-

-

20

187

176

201

328

272

1,691

1,667

1,453

1,371

1,356

14,599

11,042

10,198

8,558

12,239

8,829

3,245

3,548

3,484

3,798

4,023

2,410

2,454

1,870

5,360

5,881

Total Liabilities

3,938

4,206

2,757

3,215

3,901

4,676

3,582

4,706

3,181

5,453

3,311

3,249

3,361

4,623

4,682

4,027

3,133

3,469

2,745

2,965

3,066

17,985

13,917

13,312

11,954

15,900

12,526

11,193

10,143

8,635

7,328

7,606

12,339

12,643

12,356

11,655

12,603

Commitments and Contingencies (Note 13 and Note 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity
Preferred Stock - $.001 Par Value, 5,000,000 Shares Authorized; 49,626 and 49,626 Shares Issued and Outstanding as of March 31, 2020 and December 31, 2019.

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common Stock - $.001 Par Value, 100,000,000 Shared Authorized; 33,128,620 Shares Issued and Outstanding as of March 31, 2020 and December 31, 2019.

33

33

33

27

27

27

27

27

27

24

22

20

20

19

17

16

16

16

16

16

15

11

10

10

10

9

9

3

3

3

265

265

265

265

263

263

263

Additional Paid-in Capital

169,160

168,950

168,718

149,444

149,109

148,695

148,270

146,838

146,313

117,827

105,725

96,988

95,947

94,541

80,772

74,307

73,900

73,665

73,450

73,006

72,330

29,752

27,858

26,058

25,807

23,244

22,590

20,038

20,019

19,933

19,638

19,559

19,512

19,455

19,366

19,280

19,141

Accumulated Deficit

-150,104

-144,742

-135,158

-129,682

-124,626

-118,266

-112,702

-107,904

-101,756

-96,472

-90,592

-85,090

-81,020

-76,838

-70,503

-65,468

-61,364

-57,588

-54,079

-51,654

-49,252

-44,161

-37,842

-34,541

-34,780

-36,292

-30,596

-28,739

-27,082

-26,146

-24,730

-23,549

-27,313

-26,469

-24,857

-23,937

-22,589

Subscriptions Receivable (Note 23)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

76

76

227

227

227

Total Stockholders' Equity

19,088

24,240

33,592

19,790

24,510

30,456

35,595

38,960

44,584

21,379

15,154

11,917

14,947

17,721

10,285

8,855

12,552

16,092

19,386

21,367

23,094

-14,398

-9,973

-8,472

-8,962

-13,038

-7,995

-8,697

-7,059

-6,209

-4,826

-3,723

-7,611

-6,824

-5,454

-4,620

-3,411

Total Liabilities and Stockholders' Equity

23,027

28,446

36,350

23,005

28,412

35,133

39,177

43,667

47,766

26,833

18,466

15,167

18,308

22,345

14,968

12,882

15,686

19,562

22,131

24,333

26,160

3,587

3,944

4,840

2,991

2,862

4,530

2,496

3,084

2,425

2,502

3,882

4,727

5,818

6,901

7,035

9,192