Vuzix (VUZI) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Edward McGregor - Director of Investor RelationsPaul Travers - CEO, President & DirectorGrant Russell - CFO, EVP, Treasurer & Director Conference Call Participants Christian Schwab - Senior Research Analyst Operator Greetings, and welcome to the Vuzix First Quarter Ending 03/31/2025 Financial Results and Business Update Conference Call. At this time, all participants are in a listen only mode. A brief question and answer sessio ...

Vuzix (VUZI) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Speaker0 Greetings, and welcome to the Vuzix First Quarter Ending 03/31/2025 Financial Results and Business Update Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this call is being recorded. Now, I would like to turn the call over to Ed McGregor, Director of Investor Relations at Vuzix. Ms. McGregor, you may begin. Speaker1 Thank you, ...

Table of Contents VUZIX CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Exact name of registrant as specified in its charter) FORM 10-Q Delaware 04-3392453 State or other jurisdiction of incorporation or organization ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (I.R.S. Employer Identification No.) For the Quarterly Period Ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

ROCHESTER, N.Y., May 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technologies, today reported its first quarter results for the three months ended March 31, 2025."2025 has thus far been marked by important developments for Vuzix that span commercial and technology relationships, expansion of customer deployments, and enhancements enabling product execution," said Paul Travers, President and ...

ROCHESTER, N.Y., May 5, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, is pleased to announce that the Company will host a conference call regarding its first quarter 2025 operating results at 4:30 PM Eastern Time (ET), May 12, 2025.To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and C ...

-   Vuzix optics to power AR wearables that fuse visible and infrared light—enabling users to see in the dark, detect heat signatures, and visualize temperature changes in real timeROCHESTER, N.Y., April 30, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced it has received a six-figure dollar order for custom color waveguides with a 30-degree field of view (FOV). The Vu ...

ROCHESTER, N.Y., April 22, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that shipments have begun for the latest order of XanderGlasses, a private label version of Vuzix Shield™ smart glasses developed in partnership with Xander™, a Raleigh, North Carolina-based company focused on assistive technologies for the hard of hearing. XanderGlasses private label versio ...

ROCHESTER, N.Y., April 1, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that it has received a $500K reorder for its smart glasses from Augmex, a one- stop-shop solutions provider for increasing productivity with smart glasses. This order follows an initial low six-figure one received in December 2024 from Augmex, who will continue to bundle their robust ...

分组1：核心观点 - 公司宣布收到并交付来自QUAD GmbH的六位数智能眼镜后续订单，QUAD将在欧洲多行业分销和支持公司产品 [1][2] 分组2：合作情况 - QUAD新成立的QUAD Advanced Systems部门为公司产品提供全生命周期支持，专注欧洲多行业市场 [1][3] - QUAD技术知识丰富，能提供定制解决方案，还可加速决策，提供在线演示和个性化指导 [3] - QUAD CEO表示与公司合作能为客户提供先进解决方案，公司CEO称QUAD是有价值的合作伙伴 [4] 分组3：公司介绍 - 公司是AI智能眼镜、波导和增强现实技术等的领先供应商，产品多样，拥有超425项专利及专利申请 [5] - 公司成立于1997年，是上市公司，在多地设有办公室 [5]

年度现金运营费用变化 - 2024年公司年度现金运营费用较2023年降低约800万美元，降幅25%[4] 季度营收与亏损情况 - 2024年第四季度公司总营收130万美元，2023年同期为110万美元；净亏损1370万美元，合每股亏损0.16美元，2023年同期亏损1990万美元，合每股亏损0.32美元[6] 年度营收与亏损情况 - 2024年全年公司总营收580万美元，2023年为1210万美元；净亏损7360万美元，合每股亏损1.08美元，2023年同期净亏损5010万美元，合每股亏损0.79美元[7][11] 年度研发费用变化 - 2024年全年研发费用960万美元，较2023年的1230万美元减少22%[9] 年度销售和营销费用变化 - 2024年全年销售和营销费用820万美元，较2023年的1270万美元减少450万美元，降幅36%[10] 年度一般及行政费用变化 - 2024年全年一般及行政费用1720万美元，较2023年的1860万美元减少7%[11] 年度整体毛亏损情况 - 2024年全年公司整体毛亏损560万美元，2023年为260万美元[8] 年度经营活动净现金流变化 - 2024年公司经营活动使用的净现金流为2370万美元，2023年为2630万美元[12] 年末现金及营运资金状况 - 截至2024年底公司现金及现金等价物为1820万美元，整体营运资金状况为2460万美元[12] 2025年公司业务重点 - 2025年公司重点是将近期客户订单转化为长期经常性收入，预计在ODM/OEM产品上获得多个设计订单[13]