EX-99.1 2 tm2531381d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Press Release Vuzix Reports Third Quarter 2025 Results Unlocked third Quanta Computer investment tranche, receiving $5 million and bringing total investment to $20 million Appointed Dr. Chris Parkinson, as President, Vuzix Enterprise Solutions Received first wave of volume purchase orders from a leading global online retailer Awarded six-figure development order from a leading U.S. defense contractor Ended the quarter with $22.6 million in cash; Q3 operating expenses down 22% year-over-year ROCHESTER, N.Y., November 13, 2025 - Vuzix® Corporation (NASDAQ: VUZI) (“Vuzix” or the “Company”), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2025, and provided updates on its strategic progress. “During the third quarter of 2025, Vuzix met all the manufacturing and performance requirements tied to the receipt of the third Quanta investment tranche and received $5 million from them, bringing Quanta’s investment to $20 million to support both enterprise and consumer smart glasse…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Vuzix Corporation
VUZINASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On November 13, 2025, Vuzix Corporation (the “Company”) issued a press release announcing the Company’s financial results for the period ended September 30, 2025. The press release is attached hereto as Exhibit 99.1.…
Company context
Vuzix is a leading designer, manufacturer and marketer of AI-powered smart glasses, waveguides and augmented reality technologies, components and products for the enterprise, medical, defense, security, and consumer markets. The Company’s products include head-mounted smart personal displays and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well as OEM waveguide optical components and display engines. Vuzix holds more than 500 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmented reality. The Company has won over 20 Consumer Electronics Show (or CES) awards for innovation since 2005 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan. For more information, visit the Vuzix website, X and Facebook pages.