VUZI Financials 07/16/2014 14:20:15 Vuzix Corp P

VUZI Financials 07/16/2014 14:20:15
Vuzix Corp
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 2,389 3,228 4,826 12,255
Cost of Revenue 1,582 2,341 3,615 8,453
Gross Profit 807 887 1,211 3,803
Operating Expenses
Research and Development 1,751 1,153 1,341 2,039
Sales, General and Admin. 3,257 3,406 4,238 5,147
Non-Recurring Items 73 65 35 50
Other 378 469 469 444
Operating Income (4,653) (4,206) (4,872) (3,877)
Income From Continuing Operations
Add'l Income/Expense Items (4,990) (31) (35) (232)
Earnings Before Interest and Tax (9,642) (4,237) (4,907) (4,109)
Interest Expense 504 510 399 433
Earnings Before Tax (10,146) (4,747) (5,305) (4,542)
Income Tax - - 28 15
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (10,146) (4,747) (5,333) (4,557)
Non Recurring Events
Discontinued Operations - 5,070 1,453 -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (10,146) 323 (3,880) (4,557)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (10,146) 323 (3,880) (4,557)