Vuzix Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 2007
Revenue	9.94	12.13	11.84	13.16	11.58	6.67	Upgrade
Revenue Growth (YoY)	-26.49%	2.48%	-10.10%	13.67%	73.62%	-17.59%	Upgrade
Cost of Revenue	13.51	14.76	10.35	11.6	10.98	11.08	Upgrade
Gross Profit	-3.56	-2.63	1.48	1.57	0.6	-4.41	Upgrade
Selling, General & Admin	29.95	31.3	29.12	28.62	10.95	10.82	Upgrade
Research & Development	12.01	12.34	12.68	11.67	7.57	8.9	Upgrade
Other Operating Expenses	6.02	6.02	1.92	1.25	1.2	2.44	Upgrade
Operating Expenses	47.98	49.67	43.72	41.55	19.73	22.16	Upgrade
Operating Income	-51.55	-52.3	-42.23	-39.98	-19.13	-26.57	Upgrade
Other Expense / Income	-1.73	-2.38	-1.68	0.09	-1.28	-0.2	Upgrade
Pretax Income	-49.81	-49.92	-40.55	-40.07	-17.85	-26.37	Upgrade
Income Tax	0.14	0.23	0.21	0.31	0.1	0.11	Upgrade
Net Income	-49.96	-50.15	-40.76	-40.38	-17.95	-26.48	Upgrade
Preferred Dividends	0	0	0	0	2.06	1.93	Upgrade
Net Income Common	-49.96	-50.15	-40.76	-40.38	-20.01	-28.41	Upgrade
Shares Outstanding (Basic)	65	63	64	61	38	30	Upgrade
Shares Outstanding (Diluted)	65	63	64	61	38	30	Upgrade
Shares Change	2.39%	-0.43%	4.23%	60.39%	25.57%	11.65%	Upgrade
EPS (Basic)	-0.78	-0.79	-0.64	-0.66	-0.53	-0.94	Upgrade
EPS (Diluted)	-0.78	-0.79	-0.64	-0.66	-0.53	-0.94	Upgrade
Free Cash Flow	-34.06	-31.6	-26.24	-30.79	-14.46	-24.25	Upgrade
Free Cash Flow Per Share	-0.53	-0.50	-0.41	-0.50	-0.38	-0.80	Upgrade
Gross Margin	-35.85%	-21.72%	12.53%	11.91%	5.16%	-66.08%	Upgrade
Operating Margin	-518.49%	-431.21%	-356.82%	-303.69%	-165.16%	-398.26%	Upgrade
Profit Margin	-502.49%	-413.46%	-344.41%	-306.70%	-172.76%	-425.87%	Upgrade
Free Cash Flow Margin	-342.58%	-260.54%	-221.74%	-233.88%	-124.86%	-363.59%	Upgrade
EBITDA	-44.93	-44.99	-37.96	-37.76	-15.21	-23.92	Upgrade
EBITDA Margin	-451.90%	-370.90%	-320.74%	-286.82%	-131.30%	-358.66%	Upgrade
Depreciation & Amortization	4.89	4.93	2.59	2.31	2.64	2.44	Upgrade
EBIT	-49.81	-49.92	-40.55	-40.07	-17.85	-26.37	Upgrade
EBIT Margin	-501.05%	-411.56%	-342.61%	-304.37%	-154.11%	-395.26%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).