Vuzix Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	22.61	18.19	26.56	72.56	120.2	36.07
Cash & Short-Term Investments	22.61	18.19	26.56	72.56	120.2	36.07
Cash Growth	58.41%	-31.51%	-63.40%	-39.63%	233.26%	240.08%
Accounts Receivable	1.46	2.28	3.99	3.83	2.24	1.39
Other Receivables	-	-	0.21	0.47	-	-
Receivables	1.46	2.28	4.2	4.29	2.24	1.39
Inventory	2.9	4.81	9	11.27	12.15	6.1
Prepaid Expenses	1.11	1.07	1.34	1.51	0.68	0.52
Other Current Assets	0.16	0.37	0.4	1	1.87	0.98
Total Current Assets	28.23	26.72	41.5	90.63	137.15	45.06
Property, Plant & Equipment	9.63	8.08	8.37	4.83	6.31	4.35
Long-Term Investments	0.7	0.65	0.65	0.45	0.45	0.25
Goodwill	-	-	-	1.6	-	-
Other Intangible Assets	3.91	3.95	29.84	33.55	4.07	2.81
Long-Term Deferred Charges	-	-	-	-	0.49	-
Other Long-Term Assets	-	-	5.78	-	-	-
Total Assets	42.47	39.41	86.15	131.07	148.47	52.47
Accounts Payable	1.07	0.54	1.57	1.21	2.05	1.52
Accrued Expenses	2.18	0.9	3.23	13.01	1.23	0.84
Current Portion of Leases	0.5	0.49	0.16	0.65	0.53	0.44
Current Income Taxes Payable	0.05	0.01	0.05	0.21	0.12	0.11
Current Unearned Revenue	0.1	0.13	0.02	0.03	0.03	0.04
Other Current Liabilities	0.05	0.05	0.19	0.16	0.19	0.14
Total Current Liabilities	3.95	2.11	5.22	15.28	4.16	3.1
Long-Term Leases	0.63	-	0.14	0.31	0.58	1.07
Total Liabilities	4.59	2.11	5.35	15.58	4.74	4.17
Common Stock	0.08	0.08	0.07	0.06	0.06	0.05
Additional Paid-In Capital	421.46	407.22	377.19	361.27	346.74	210.95
Retained Earnings	-391.18	-367.52	-293.98	-243.84	-203.07	-162.69
Treasury Stock	-2.48	-2.48	-2.48	-2.01	-	-
Total Common Equity	27.89	37.29	80.79	115.49	143.73	48.3
Shareholders' Equity	37.89	37.29	80.79	115.49	143.73	48.3
Total Liabilities & Equity	42.47	39.41	86.15	131.07	148.47	52.47
Total Debt	1.13	0.49	0.3	0.96	1.12	1.52
Net Cash (Debt)	21.47	17.69	26.25	71.61	119.09	34.55
Net Cash Growth	57.29%	-32.61%	-63.34%	-39.87%	244.66%	306.02%
Net Cash Per Share	0.28	0.26	0.41	1.12	1.95	0.91
Filing Date Shares Outstanding	80.13	76.24	64.73	63.21	63.67	57.89
Total Common Shares Outstanding	79.41	75.97	64.73	63.32	63.67	45.65
Working Capital	24.28	24.61	36.28	75.35	132.99	41.96
Book Value Per Share	0.35	0.49	1.25	1.82	2.26	1.06
Tangible Book Value	23.97	33.34	50.95	80.33	139.66	45.49
Tangible Book Value Per Share	0.30	0.44	0.79	1.27	2.19	1.00
Machinery	14.43	11.47	12.21	9.31	10.25	8.43
Leasehold Improvements	2.69	2.84	3.16	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.