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Innovative Eyewear, Inc. (LUCYW) Financials

Currency in USD Disclaimer
$0.09 $0.01 (11.25%)
$0.09
$0.09
$0.04
$0.49
Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $1.15 M $659,788.00 $690,670.00 $56,997.00 $4,821.00
Cost of Revenue $1.27 M $716,077.00 $542,416.00 $74,266.00 $7,735.00
Gross Profit -$119,329.00 -$56,289.00 $148,254.00 -$17,269.00 -$2,914.00
Gross Profit Ratio -0.1 -0.09 0.21 -0.3 -0.6
Research and Development Expenses $662,184.00 $524,692.00 $86,261.00 $36,894.00 $4,083.00
General & Administrative Expenses $3.89 M $2.80 M $1.39 M $316,115.00 $43,398.00
Selling & Marketing Expenses $2.05 M $2.06 M $1.77 M $152,731.00 $2,924.00
Selling, General & Administrative Expenses $6.07 M $4.86 M $3.16 M $468,846.00 $46,322.00
Other Expenses $195,150.00 $140,000.00 $109,975.00 $130,000.00 $56,108.00
Operating Expenses $6.74 M $5.52 M $3.35 M $635,740.00 $106,513.00
Cost And Expenses $8.01 M $6.24 M $3.90 M $710,006.00 $114,248.00
Interest Income $0.00 $105,171.00 $39,433.00 $4,966.00 $0.00
Interest Expense $3,036.00 $105,171.00 $39,433.00 $4,966.00 $0.00
Depreciation & Amortization $85,257.00 $32,567.00 $7,677.00 $994.00 $262,625.00
EBITDA -$6.77 M -$5.54 M -$3.20 M -$649,895.00 -$109,427.00
EBITDA Ratio -5.87 -8.4 -4.63 -11.4 -22.7
Operating Income -$6.86 M -$5.58 M -$3.21 M -$650,889.00 -$109,427.00
Operating Income Ratio -5.95 -8.45 -4.64 -11.42 -22.7
Total Other Income/Expenses Net $192,112.00 -$105,171.00 -$39,433.00 -$117,295.00 $0.00
Income Before Tax -$6.66 M -$5.68 M -$3.24 M -$768,184.00 -$109,427.00
Income Before Tax Ratio -5.78 -8.61 -4.7 -13.48 -22.7
Income Tax Expense $3.00 $105,171.00 $39,433.00 $7,086.00 -$262,625.00
Net Income -$6.66 M -$5.79 M -$3.28 M -$775,270.00 -$109,427.00
Net Income Ratio -5.78 -8.77 -4.75 -13.6 -22.7
EPS -0.63 -0.79 -0.43 -0.11 -0.0181
EPS Diluted -0.63 -0.79 -0.43 -0.11 -0.0181
Weighted Average Shares Out $10.52 M $7.31 M $7.72 M $7.31 M $6.06 M
Weighted Average Shares Out Diluted $10.52 M $7.31 M $7.72 M $7.31 M $6.06 M
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