Innovative Eyewear Inc

Listed Company

LUCYWCIK 0001808377NasdaqEmerging GrowthOphthalmic GoodsFloridaFY ends Dec 31

Period

FY 2025

Revenue

$2.66M

Net Income

$-7.59M

Total Assets

$10.14M

Equity

$9.07M

Shares Out

6.40M

Op. Cash Flow

$-7.28M

LUCY$0.80−62.42% · past yearDBEQ Basic

Daily closing prices

Business

Innovative Eyewear Inc develops and sells smart eyewear products—including prescription glasses, sunglasses, safety glasses, and sport glasses—integrated with Bluetooth audio, voice assistants, and ChatGPT functionality. The company offers multiple product lines: Lucyd Lyte (core everyday wear), Lucyd Armor (certified safety eyewear), and co-branded collections with Nautica, Eddie Bauer, and Reebok. Products are designed in Miami, manufactured in China, and distributed through e-commerce (Lucyd.co, Amazon) and 400+ retail stores across North America, with international expansion underway.

Summary from 10-K filed 2026-03-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues, net	3	2	1	659,788	690,670
Less: Cost of Goods Sold	−2	−1	−1	−716,077	−542,416
Gross Profit	567,451	215,190	−119,329	−56,289	148,254
General and administrative	−5	−4	−4	−3	−1
Sales and marketing	−3	−3	−2	−2	−2
Research and development	−725,388	−819,387	−662,184	−524,692	−86,261
Related party management fee	−140,000	−140,000	−140,000	−140,000	−109,975
Total Operating Expenses	−9	−8	−7	−6	−3
Other Income (Expense), net	903,775	157,187	192,114	−105,171	—
Net Loss	−8	−8	−7	—	—
Weighted average number of shares outstanding, basic	4	1	613,000	—	—
Weighted average number of shares outstanding, diluted	4	1	613,000	—	—
Loss per share, basic	−1.9	−5.19	−10.87	−0.87	—
Loss per share, diluted	−1.9	−5.19	−10.87	−0.87	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	7	3	4	4	79,727
Investments	—	5	—	—	—
Accounts receivable, net	142,152	107,918	93,211	110,258	43,394
Prepaid expenses	263,730	266,935	313,648	210,673	68,381
Inventory prepayments	438,417	424,594	323,520	197,750	64,715
Inventory, net	2	831,757	533,239	94,701	275,501
Due from Tekcapital and Affiliates	334,582	23,394	6,256	—	—
Other current assets	60	59,447	59,447	36,240	1,460
Total Current Assets	9	9	6	4	644,327
Intangible assets, net	559,968	451,302	286,429	137,557	87,306
Property and equipment, net	61,777	107,562	154,848	119,744	20,284
Other non-current assets	83,075	41,229	72,644	81,779	—
TOTAL ASSETS	10	10	6	5	824,317
Accounts payable and accrued expenses	985,417	692,817	581,986	275,660	167,050
Deferred revenue	59,889	44,901	42,500	30,000	—
Total Current Liabilities	1	737,718	624,486	600,005	616,801
Long-term payment plan with vendor	28,488	—	—	—	—
Deferred revenue	—	5,450	35,450	65,450	—
TOTAL LIABILITIES	1	743,168	659,936	665,455	616,801
Commitments and contingencies (see Note 7)	—	—	—	—	—
Common stock (par value $0.00001, 50,000,000 shares authorized: 5,479,861 and 2,452,632 shares issued and outstanding as of December 31, 2025 and 2024, respectively)	55	25	7	73	60
Additional paid-in capital	41	34	23	14	5
Accumulated deficit	−32	−25	−17	−10	−5
TOTAL STOCKHOLDERS EQUITY	9	9	6	4	207,516
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	10	10	6	5	824,317

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation	66,788	109,489	61,093	22,101	498
Amortization	68,554	39,897	24,164	10,466	7,179
Non-cash interest income	−789	—	—	—	—
Realized gains on debt securities (U.S. Treasury bills)	−130,496	—	−50,796	—	—
Stock-based compensation and nonemployee stock-based payment expense	738,170	774,788	936,769	1	1
Expenses paid by Tekcapital and Affiliates	259,703	281,758	299,061	960,362	867,618
Provision for doubtful accounts	7,993	19,859	−14,725	116,230	0
Write-off of previously-capitalized software costs	—	88,073	—	—	—
Accounts receivable	−36,777	−4,566	−3,678	−183,094	−43,394
Accounts payable and accrued expenses	191,521	91,228	303,290	67,951	157,536
Prepaid expenses	28,682	16,356	−102,975	−142,292	−43,381
Inventory prepayments	−13,823	−101,074	—	—	—
Inventory	−913,379	−298,518	−564,308	47,765	−250,436
Other assets	−19,184	—	—	—	—
Contract assets and deferred revenue	68,925	9,595	—	—	—
Net cash flows from operating activities	−7	−7	−6	−3	−1
Purchases of debt securities (U.S. Treasury bills)	−1	−5	−2	—	—
Proceeds from redemption of debt securities (U.S. Treasury bills)	6	—	2	—	—
Loans made to Tekcapital Europe, Ltd.	−550,000	−767,940	—	—	—
Repayment of amounts loaned to Tekcapital Europe, Ltd.	250,000	767,940	—	—	—
Patent costs	−177,220	−204,770	−173,036	−60,717	−25,272
Purchases of property and equipment	−72,513	−62,203	−78,463	−121,561	−20,782
Net cash flows from investing activities	4	−5	−198,753	−219,951	−118,454
Proceeds from offerings of common stock and warrants	—	3	—	—	—
Proceeds from at-the-market offerings of common stock	1	4	—	—	—
Proceeds from exercises of warrants	6	4	3	—	—
Proceeds from sale of common stock withheld from employees to cover withholding taxes on vested restricted share units	52,655	19,603	—	—	—
Incurrence of obligation under long-term payment plan with vendor	121,059	—	—	—	—
Payments made under long-term payment plan with vendor	−44,147	—	—	—	—
Repayment of amounts due to Tekcapital and Affiliates	−270,102	−298,896	−490,163	—	—
Net cash flows from financing activities	7	10	7	7	1
Net Change in Cash and cash equivalents	4	−2	696,338	4	52,704
Expenses paid for by Tekcapital and Affiliates, reported as change in Due to/from Tekcapital and Affiliates	259,703	281,758	299,061	960,362	867,618
Issuance of shares for prepayment to third party service provider	—	81,900	—	2	—
Issuance of shares for prepayment to brand ambassador	30,001	21,690	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Innovative Eyewear Inc's CIK number?

Innovative Eyewear Inc's SEC CIK number is 0001808377 (1808377). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Innovative Eyewear Inc's SEC filings?

All of Innovative Eyewear Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Innovative Eyewear Inc last report earnings?

Innovative Eyewear Inc (LUCYW) most recently filed an earnings 8-K with the SEC on Jan 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001829126-26-000089). This is Innovative Eyewear Inc's most recent earnings filing of record — not a forecast of its next earnings date.

What is Innovative Eyewear Inc's most recent earnings 8-K?

Innovative Eyewear Inc's latest earnings 8-K (Item 2.02) was filed Jan 7, 2026 under accession 0001829126-26-000089. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Innovative Eyewear Inc's latest earnings 8-K →
Look up any company's CIK number →