Series B Convertible Preferred Stock
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
VUZI$1.91+5.54%
Vuzix Corp
Sector: Radio & Tv Broadcasting & Communications EquipmentIndustry: Consumer ElectronicsCountry: USExchange: Nasdaq
Mkt Cap:$160.81M
Float & O/S:
Inst Own:
DilutionScan read 29 of Vuzix Corp's SEC filings and found 1 convertible, 2 ATM programs, 4 shelf registrations and 3 completed offerings on file for VUZI. The latest dilution event on file is ATM sales on Aug 14, 2026. Analysis updated Oct 31, 2026.
Signal8 Summary
VUZI
Tight cash runway and shrinking revenue
Snapshot
Vuzix is a small-cap AR hardware maker burning through cash faster than it earns. FY 2025 revenue was $6.3M, up 9% from the prior year, but the company lost $32.3M on that revenue. The losses are driven by heavy investment, with R&D spending $12.6M (201% of revenue) and sales and marketing adding another $5.5M. The business generated negative $21.4M in free cash flow for the year.
What's Happening Right Now
- : Management disclosed substantial doubt about the company's ability to continue as a going concern, citing reliance on equity dilution for liquidity.
- : Vuzix secured a six-figure, customer-funded development order from a leading tier-1 defense supplier for a next-generation waveguide display system.
- : Vuzix signed a reseller agreement with Movora to expand its smart glasses presence in the global veterinary medical market.
- : The company shipped a follow-on production order for waveguide-based AR display systems from a major U.S. aerospace and defense customer.
Raise routes on file: active ATM + effective shelf · latest dilution event 81 days ago
Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need
AI dilution summary
The dominant contractual driver and its mechanism, then each further driver ranked.
Latest dilution event
Aug 14, 2026 · ATM Sale
Every warrant, convertible, ATM and shelf, cited to the filing
A free account reads 3 tickers a day in full
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
Share count and cash history
Shares outstanding, potential dilution and cash over time
Outstanding
ATM program
Issued 2024
Total capacity
Sold to date
Remaining capacity
- Sales agent
- Agreement date
- Commission
ATM program
Issued 2026
Total capacity
Sold to date
Remaining capacity
- Sales agent
- Agreement date
- Commission
S-3 shelf registration
Issued 2024
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
S-3 shelf registration
Issued 2024
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
S-3 shelf registration
Issued 2025
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
S-3 shelf registration
Issued 2021
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
PIPE
Issued 2025
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
ATM block sale
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
ATM block sale
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your VUZI trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
