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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number : 001-35955 Vuzix Corporation ( Exact name of registrant as specified in its charter ) Delaware ( State of incorporation ) 25 Hendrix Road West Henrietta , New York ( Address of principal executive office ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class : Common Stock , par value $ 0.001 ( 585 ) 359-5900 ( Registrant's telephone number including area code ) Trading Symbol ( s ) VUZI ( I.R.S. employer identification no . ) Securities registered pursuant to Section 12 ( g ) of the Act : None . 04-3392453 Name of each exchange on which registered Nasdaq Capital Market 14586 ( Zip code ) No þ Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes No þ Indicate by check mark whether the registrant : ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes þ No □ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes þ No □ Non - accelerated filer þ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company in Rule 12b - 2 of the Exchange Act . Large accelerated filer Accelerated filer As of March 15 , 2021 , there were 57,886,988 shares of the registrant's common stock outstanding . DOCUMENTS INCORPORATED BY REFERENCE Smaller reporting company 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes No □ Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No The aggregate market value of the voting and non - voting common equity of the registrant held by non - affiliates as of June 30 , 2020 was approximately $ 83,000,000 ( based on the closing price of the common stock of $ 2.39 per share on that date , as reported on the NASDAQ Capital Market and , for purposes of this computation only , the assumption that all of the registrant's directors and executive officers are affiliates and that beneficial holders of 10 % or more of the outstanding common stock are affiliates ) . Part III of this Form 10 - K incorporates by reference portions of the registrant's proxy statement for its 2021 annual meeting of stockholders .