Vuzix Corporation 8-K Report: Key Insights for January 2, 2025

Here is the extracted key information and insights from the provided section of the financial report:
- Entity Information:
- Company Name: Vuzix Corporation
- CIK (Central Index Key): 0001463972
- SEC File Number: 001-35955
- IRS Employer Identification Number (EIN): 04-3392453
- Address: 25 Hendrix Road Suite A, West Henrietta, NY 14586
- Phone Number: 585-359-5900
- Filing Type:
- Document Type: 8-K (Current Report)
- Filing Date:
- Date of Report: January 2, 2025
- Stock Information:
- Common Stock: Par value of $0.001
- Ticker Symbol: VUZI
- Exchange: NASDAQ
- Context and Period:
- Context ID: AsOf2025-01-02
- Reporting Date: The report is for a single day: January 2, 2025.
- Units of Measurement:
- Currency: USD (U.S. Dollars)
- Shares: Used as a unit for stock measurement.
Insights:
- The filing indicates that Vuzix Corporation submitted a current report (8-K), which typically discloses major events that shareholders should know about.
- The report is dated very specifically, suggesting it may relate to a significant event occurring on that date.
- The company operates in the tech sector, as inferred from its name (Vuzix likely relates to optics or augmented reality).
- The fact that it is listed on NASDAQ provides insight into its compliance with regulatory requirements typical of publicly traded companies.
- The par value of the stock is relatively low, which is common for tech companies, indicating a focus on growth rather than high dividend payouts.
This extracted data is vital for investors, analysts, and stakeholders to assess the company’s current status and make informed decisions.