LUCYW
Income statement / Annual
Last year (2023), Innovative Eyewear, Inc.'s total revenue was $1.15 M,
an increase of 74.67% from the previous year.
In 2023, Innovative Eyewear, Inc.'s net income was -$6.66 M.
See Innovative Eyewear, Inc.,s key income statements, including revenue, expenses, profit, and income.
| 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 |
$4.07 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 |
$0.00
|
$140,000.00
|
$109,975.00
|
$130,000.00
|
$56,108.00
|
| Operating Expenses |
$6.54 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 |
-$6.58 M |
-$5.54 M |
-$3.20 M |
-$762,224.00 |
-$109,427.00 |
| EBITDA Ratio |
-5.71
|
-8.4
|
-4.63
|
-11.4
|
-22.7
|
| Operating Income Ratio |
-5.99
|
-8.45
|
-4.64
|
-11.42
|
-22.7
|
| Total Other Income/Expenses Net |
$237,114.00
|
-$105,171.00
|
-$39,433.00
|
-$115,175.00
|
-$153,198.00
|
| 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 |
$0.00
|
$105,171.00
|
$39,433.00
|
$7,086.00
|
-$262,625.00
|
| Net Income |
-$6.66 M
|
-$5.68 M
|
-$3.24 M
|
-$768,184.00
|
-$262,625.00
|
| Net Income Ratio |
-5.78
|
-8.61
|
-4.7
|
-13.48
|
-54.48
|
| EPS |
-12.67 |
-17.41 |
-12.37 |
-5.19 |
-2.64 |
| EPS Diluted |
-12.67 |
-17.41 |
-12.37 |
-5.19 |
-2.64 |
| Weighted Average Shares Out |
$525,800.00
|
$326,448.00
|
$262,281.00
|
$148,014.00
|
$99,448.00
|
| Weighted Average Shares Out Diluted |
$525,800.00
|
$326,448.00
|
$262,281.00
|
$148,014.00
|
$99,448.00
|
| Link |
|
|
|
|
|
