Vuzix Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 1.07 million compared to USD 2.9 million a year ago. Net loss was USD 19.88 million compared to USD 10.76 million a year ago. Basic loss per share from continuing operations was USD 0.32 compared to USD 0.17 a year ago.

For the full year, the company reported revenue was USD 12.13 million compared to USD 11.84 million a year ago. Net loss was USD 50.15 million compared to USD 40.76 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to USD 0.64 a year ago.