Company Analysis

Innovative Eyewear, Inc. (LUCY)

Nasdaq: LUCY · Ophthalmic Goods · Miami, FL · filing with the SEC since 2020
Grade3.6
◀ Past 2.2● Present 3.2▶ Future 5.6
2 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Report filedMar 25, 2026Mar 24, 2025Mar 25, 2024Mar 24, 2023·
Revenue2,661,6691,636,4401,152,479659,788690,670
Cost of revenue2,094,2181,421,2501,271,808716,077542,416
Gross profit567,451215,190-119,329-56,289148,254
Research and development725,388819,387662,184524,69286,261
Sales and marketing2,971,1932,706,2132,047,0692,059,0121,771,012
General and administrative5,225,8344,473,2923,886,9602,796,6691,386,079
Total operating expenses9,062,4158,138,8926,736,2135,520,3733,353,327
Interest expense··3,036105,17139,433
Other income (expense), net·157,187195,150··
Total non-operating income (expense)903,775157,187192,114-105,171·
Net income including non-controlling interests··-6,663,428-5,681,833-3,244,506
Net income-7,591,189-7,766,515-6,663,428-5,681,833-3,244,506
Earnings per share, basic-1.90-5.19-10.87r-14.9254b·
Earnings per share, diluted-1.90-5.19-10.87r-14.9254b·
Weighted average shares, basic3,991,8181,496,357613,000··
Weighted average shares, diluted3,991,8181,496,357613,000r380,573b·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton LUCY · research, not advice