Form 8-K

8-K — Vuzix Corp

Accession: 0001104659-26-097887

Filed: 2026-08-17

Period: 2026-08-13

CIK: 0001463972

SIC: 3663 (RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

August 13, 2026

VUZIX CORPORATION

(Exact name of registrant as specified in

its charter)

Delaware

(State or other jurisdiction of incorporation)

001-35955

04-3392453

(Commission File Number)

(IRS Employer Identification No.)

25 Hendrix Road, Suite A

West

Henrietta, New York 14586

(Address of principal executive offices)(Zipcode)

(585) 359-5900

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed

Since Last Report)

Check the appropriate box below if the

Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:

Trading Symbol(s)

Name of each exchange on which

registered:

Common Stock, par value $0.001

VUZI

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR

§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations

and Financial Condition.

On August 13, 2026, Vuzix

Corporation (the “Company”) issued a press release announcing the Company’s financial results for the period ended June 30,

2026. The press release is attached hereto as Exhibit 99.1.

In accordance with General Instruction

B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be

deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange

Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement

or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific

reference in such filing.

Item 9.01 Financial Statements

and Exhibits.

(d) Exhibits

99.1 Press Release

104 Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant to

the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the

undersigned hereunto duly authorized.

Date: August 17, 2026

VUZIX CORPORATION

By:

/s/ Grant Russell

Grant Russell

Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2623396d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Press

Release

Vuzix Reports

Second Quarter 2026 Results

ROCHESTER,

N.Y., August 13, 2026 - 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 second quarter results for the three months ended June 30, 2026.

“Our branded

enterprise smart glasses business continues to generate revenue, customer insight and market credibility, while opening new doors for

Vuzix in the smart glasses ecosystem as an OEM smart glasses, waveguides and display systems provider,” said Paul Travers, President

and Chief Executive Officer of Vuzix. “We delivered our initial next-generation Ultralite Pro glasses to Amazon for live commercial

testing, expanded their M400 deployments across its fulfillment centers, moved our Collins Aerospace program into initial production

deployments, delivered initial waveguide-based systems to a leading global automaker, and received initial and follow-on orders from

Augmex for enterprise deployments. We continued to make further investments in our waveguide plant and manufacturing equipment to improve

throughput, reduce development cycle times, and enable one production line to support development while another supports volume production,

positioning Vuzix to execute an increasing number of simultaneous ODM/OEM, defense and waveguide programs.”

The

following table compares condensed elements of the Company’s unaudited summarized Consolidated Statements of Operations data for

the three months ended June 30, 2026 and 2025, respectively:

For Three Months Ended June 30

($000s except per share amounts)

2026

2025

Sales:

Sales of Products

$ 884

$ 1,045

Sales of Engineering Services

229

250

Total Sales

1,113

1,296

Total Cost of Sales

1,759

2,057

Gross Profit (Loss)

(645 )

(761 )

Operating Expenses:

Research and Development

3,098

2,571

Selling and Marketing

1,210

1,353

General and Administrative

2,682

2,757

Depreciation and Amortization

118

413

Loss from Operations

(7,754 )

(7,855 )

Total Other Income (Expense)

125

189

Net Loss

(7,629 )

(7,666 )

Loss per Common Share

$ (0.09 )

$ (0.10 )

Second Quarter

2026 Financial Results

For

the three months ended June 30, 2026, total revenues decreased by 14% to $1.1 million versus $1.3 million for the comparable period

in 2025. Product sales were $0.9 million versus $1.0 million, a decrease of 15%. Engineering services and OEM product sales were $0.2

million versus $0.3 million, a decrease of 8%.

There

was an overall gross loss of $0.6 million for the three months ended June 30, 2026 as compared to a gross loss of $0.8 million for

the comparable 2025 period, a 15% overall improvement.

Research

and Development expense was $3.1 million for the three months ended June 30, 2026 versus $2.6 million for the comparable 2025 period,

an increase of 20%. This increase was largely due to increased external development costs for new products and higher cash salary and

benefits related expenses due to headcount increases.

Selling

and Marketing expense was $1.2 million for the three months ended June 30, 2026 versus $1.4 million for the comparable 2025 period,

a decrease of 11%. The decrease was largely due to a decrease in non-cash stock-based compensation expense.

General

and Administrative expense for the three months ended June 30, 2026 was $2.7 million versus $2.8 million for the comparable 2025

period, a decrease of 3%.

For the second

quarter ended June 30, 2026, the net loss attributable to common shareholders was $7.7 million or $0.09 per share as compared to

a loss of $7.7 million or $0.10 per share for the second quarter of 2025.

Net

cash used in operating activities was $6.6 million for the second quarter

of 2026 versus $4.8 million for the comparable 2025 period. As of June 30, 2026, the Company had $17.3 million in cash and no current

or long-term debt obligations.

Management Outlook

“The smart

glasses industry is entering a period of dynamic evolution as advances in AI and platform ecosystems support the transformation of the

industry and ease application development for customers’ specialized needs. Usable and deployable applications that can be integrated

into existing customer IT environments with relative ease have long been a limiting factor in the enterprise smart glasses market,”

said Mr. Travers. “Fortune 500 companies are defining their AI and smart glasses strategies and have begun taking next steps

to execute against their operational needs. AI can automate and improve many tasks, but skilled tradespeople, technicians and frontline

workers operating in the physical world are not going away. At the same time the pull from end customers across our enterprise and ODM/OEM

business areas for AI based smart glasses continue to gain momentum. Vuzix intends to continue investing in its waveguide innovation

and furthering strategic relationships to better position us to capitalize on these opportunities, while simultaneously opening new opportunities

beyond AI and AR applications across our main enterprise, defense and ODM/OEM markets,” said Mr. Travers.

Conference Call

Information

Date: Thursday, August 13, 2026

Time: 4:30 p.m. Eastern Time (ET)

Dial-in

Number for U.S. & Canadian Callers: 877-709-8150

Dial-in

Number for International Callers (Outside of the U.S. & Canada): 201-689-8354

live and archived webcast of the conference call will be available on the investor relations page of the Company’s website at: https://ir.vuzix.com/

or directly at https://event.choruscall.com/mediaframe/webcast.html?webcastid=y18QpYGD

Participating on

the call will be Vuzix’ Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who together

will discuss operational and financial highlights for the quarter ended June 30, 2026.

To join the live

conference call, please dial into the above referenced telephone numbers five to ten minutes prior to the scheduled conference call time.

A telephonic replay

will be available for 30 days, starting on August 13, 2026, at approximately 5:30 p.m. (ET). To access this replay, please

dial 877-660-6853 within the U.S. or Canada, or 201-612-7415 for international callers. The conference replay ID# is 13761977.

About Vuzix

Corporation

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.

Forward-Looking

Statements Disclaimer

Certain

statements contained in this news release are “forward-looking statements” within the meaning of the Securities Litigation

Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to, among other

things, the timing of new product releases, opportunities related to market disruptions such as AI regarding smart glasses demand, R&D

project successes, existing and new engineering services and conversion to volume production OEM programs, future revenue and operating

results, and the Company’s leadership in the Smart Glasses and AR display industry. They are generally identified by words such as “believes,”

“may,” “expects,” “anticipates,” “should” and similar expressions. Readers should not place undue

reliance on such forward-looking statements, which are based upon the Company’s beliefs and assumptions as of the date of this release.

The Company’s actual results could differ materially due to risk factors and other items described in more detail in the Company’s Annual

Reports and other filings with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies

of which may be obtained at www.sec.gov or www.sedar.com). Subsequent events and developments may cause these forward-looking

statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements

as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Investor Relations Contact

Ed McGregor, Director of Investor Relations

Vuzix Corporation

ed_mcgregor@vuzix.com

Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road,

West Henrietta, NY 14586 USA,

Investor Information – IR@vuzix.com

www.vuzix.com

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