LUCY

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Innovative Eyewear, Inc.

Physical products Consumer brandTags from an AI model reading the company description.

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Key Metrics

Previous Close: $0.92
52-Week Range: $0.65 – $2.05
Market Cap: $7.68M
P/E (TTM): —
EPS (TTM): -1.29
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 0.83
PEG Ratio: —
Return on Equity: -84.58%
Return on Assets: -54.72%
Gross Margin: 22.79%
Operating Margin: -168.72%
Profit Margin: -225.28%
Current Ratio: 12.06
Debt/Equity: —
Total Debt: $0.00
Free Cash Flow: $-5.36M
Revenue Growth: 74.50%
Earnings Growth: —
Enterprise Value: $3.94M

LUCY Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$659.79K	$1.15M	$1.64M	$2.66M
Cost of Revenue	$716.08K	$1.27M	$1.42M	$2.09M
Gross Profit	-$56.29K	-$119.33K	$215.19K	$567.45K
Research & Development	$524.69K	$662.18K	$819.39K	$725.39K
Selling, General & Admin	$4.86M	$5.93M	$7.18M	$8.20M
Operating Expenses	$5.52M	$6.74M	$8.14M	$9.06M
Operating Income	-$5.58M	-$6.86M	-$7.92M	-$8.49M
EBITDA	-$5.54M	-$6.58M	-$7.77M	-$8.36M
Pretax Income	-$5.68M	-$6.66M	-$7.77M	-$7.59M
Net Income	-$5.68M	-$6.66M	-$7.77M	-$7.59M
Diluted EPS	-17.40	-10.87	-5.19	-1.90
Diluted Shares	326447	613000	1.50M	3.99M

LUCY Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$3.59M	$4.29M	$2.63M	$6.51M
Receivables	$110.26K	$99.47K	$131.31K	$476.73K
Inventory	$94.70K	$533.24K	$831.76K	$1.75M
Current Assets	$4.24M	$5.62M	$9.24M	$9.44M
Total Assets	$4.69M	$6.22M	$9.84M	$10.14M
Current Liabilities	$600.00K	$624.49K	$737.72K	$1.05M
Total Debt	$61.36K	—	—	—
Total Liabilities	$665.46K	$659.94K	$743.17K	$1.07M
Retained Earnings	-$10.31M	-$16.97M	-$24.74M	-$32.33M
Shareholders' Equity	$4.02M	$5.56M	$9.10M	$9.07M
Working Capital	$3.64M	$4.99M	$8.50M	$8.39M

LUCY Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$3.22M	-$5.77M	-$6.74M	-$7.28M
Capital Expenditure	-$219.95K	-$251.50K	-$266.97K	-$249.73K
Free Cash Flow	-$3.44M	-$6.02M	-$7.01M	-$7.53M
Depreciation & Amortisation	$32.57K	$85.26K	$149.39K	$135.34K
Stock-Based Compensation	$1.47M	$936.77K	$774.79K	$738.17K
Investing Cash Flow	-$219.95K	-$198.75K	-$5.16M	$4.48M
Financing Cash Flow	$6.96M	$6.66M	$10.24M	$6.68M
Net Change in Cash	$3.51M	$696.34K	-$1.66M	$3.88M

LUCY Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$454.50K	$579.23K	$668.13K	$959.81K	$773.56K	$1.01M
Cost of Revenue	$233.97K	$591.89K	$423.29K	$845.06K	$598.12K	$768.00K
Gross Profit	$220.53K	-$12.66K	$244.84K	$114.75K	$175.44K	$242.51K
Research & Development	$210.58K	$268.22K	$129.98K	$116.60K	$138.11K	$142.09K
Selling, General & Admin	$1.88M	$1.86M	$2.00M	$2.46M	$2.37M	$1.77M
Operating Expenses	$2.12M	$2.16M	$2.17M	$2.61M	$2.55M	$1.95M
Operating Income	-$1.90M	-$2.17M	-$1.92M	-$2.50M	-$2.37M	-$1.70M
EBITDA	-$1.87M	-$2.13M	-$1.89M	-$2.47M	-$2.34M	-$1.68M
Pretax Income	-$1.78M	-$2.11M	-$1.84M	-$1.87M	-$2.31M	-$1.67M
Net Income	-$1.78M	-$2.11M	-$1.84M	-$1.87M	-$2.31M	-$1.67M
Diluted EPS	-0.72	-0.66	-0.38	—	-0.37	-0.26
Diluted Shares	2.45M	3.21M	4.87M	—	6.25M	6.41M

LUCY Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$5.26M	$7.63M	$6.70M	$6.51M	$4.38M	$2.46M
Receivables	$89.66K	$57.96K	$83.36K	$476.73K	$71.51K	$136.40K
Inventory	$1.13M	$1.68M	$1.63M	$1.75M	$1.40M	$1.77M
Current Assets	$7.33M	$11.33M	$10.60M	$9.44M	$8.75M	$6.79M
Total Assets	$7.94M	$11.94M	$11.18M	$10.14M	$9.48M	$7.47M
Current Liabilities	$447.24K	$606.06K	$884.65K	$1.05M	$1.09M	$562.73K
Total Liabilities	$447.24K	$658.52K	$925.00K	$1.07M	$1.11M	$574.38K
Retained Earnings	-$26.51M	-$28.62M	-$30.46M	-$32.33M	-$34.64M	-$36.31M
Shareholders' Equity	$7.49M	$11.28M	$10.25M	$9.07M	$8.37M	$6.90M
Working Capital	$6.88M	$10.73M	$9.71M	$8.39M	$7.66M	$6.22M

LUCY Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	-$2.31M	-$2.12M	-$1.50M	-$1.35M	-$2.49M	-$1.86M
Capital Expenditure	-$59.77K	—	-$14.84K	-$175.13K	-$57.21K	-$49.14K
Free Cash Flow	-$2.37M	-$2.12M	-$1.51M	-$1.53M	-$2.55M	-$1.91M
Depreciation & Amortisation	$33.87K	$39.88K	$28.47K	$33.12K	$29.12K	$29.25K
Stock-Based Compensation	$183.00K	$172.21K	$176.80K	$206.15K	$208.49K	$200.37K
Investing Cash Flow	$4.94M	-$1.27M	-$14.84K	$824.87K	-$1.05M	-$26.51K
Financing Cash Flow	$0.00	$5.76M	$584.40K	$336.96K	$1.40M	-$32.43K
Net Change in Cash	$2.63M	$2.37M	-$927.87K	-$188.48K	-$2.13M	-$1.92M

Market Snapshot

About

Innovative Eyewear, Inc. designs and sells smart eyewear products that integrate technology into prescription glasses and sunglasses. The company markets products under brands including Lucyd, Eddie Bauer, and Nautica. Their smart eyewear features Bluetooth connectivity, allowing users to listen to audio, take calls, and interact with voice assistants through frames.