Innovative Eyewear Inc financial data

Symbol
LUCY, LUCYW on Nasdaq
Industry
Ophthalmic Goods
Location
11900 Biscayne Blvd, Ste 630, Miami, FL
State of incorporation
Florida
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.01K % -2.65%
Quick Ratio 127 % +51.6%
Debt-to-equity 10.5 % -1.97%
Return On Equity -129 % -23.8%
Return On Assets -116 % -24.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.57M shares -87.8%
Common Stock, Shares, Outstanding 1.53M shares -88.2%
Entity Public Float 6.92M USD
Common Stock, Value, Issued 15 USD -88.4%
Weighted Average Number of Shares Outstanding, Basic 1.04M shares +107%
Weighted Average Number of Shares Outstanding, Diluted 1.04M shares +107%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.53M USD +187%
Cost of Revenue 1.57M USD +116%
Research and Development Expense 787K USD +0.21%
Selling and Marketing Expense 2.79M USD +92.9%
General and Administrative Expense 4.33M USD +25.8%
Nonoperating Income (Expense) 217K USD +4009%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -7.86M USD -31.1%
Earnings Per Share, Basic 0.1 USD/shares +27%
Earnings Per Share, Diluted 0.1 USD/shares +27%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.9M USD +10.1%
Accounts Receivable, after Allowance for Credit Loss, Current 61.6K USD -52.8%
Inventory, Net 930K USD +41%
Other Assets, Current 59.4K USD +64%
Assets, Current 7.29M USD -16.9%
Property, Plant and Equipment, Net 131K USD +4.35%
Other Assets, Noncurrent 92.7K USD +12.1%
Assets 7.86M USD -15.9%
Liabilities, Current 495K USD +49.6%
Liabilities 515K USD +32.6%
Retained Earnings (Accumulated Deficit) -20.9M USD -60.4%
Stockholders' Equity Attributable to Parent 7.34M USD -18%
Liabilities and Equity 7.86M USD -15.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.47M USD -7.7%
Net Cash Provided by (Used in) Financing Activities -76K USD -106%
Net Cash Provided by (Used in) Investing Activities -95.5K USD +30.2%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 1.53M shares -88.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.9M USD +10.1%
Deferred Tax Assets, Valuation Allowance 3.73M USD +72.5%
Deferred Tax Assets, Gross 3.73M USD +72.5%
Depreciation 92.1K USD +113%
Payments to Acquire Property, Plant, and Equipment 32.3K USD +14.8%
Lessee, Operating Lease, Liability, to be Paid 14M USD +5.57%
Property, Plant and Equipment, Gross 272K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 436K USD +170%
Lessee, Operating Lease, Liability, to be Paid, Year One 161K USD +339%
Lessee, Operating Lease, Liability, to be Paid, Year Three 834K USD +91.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 15M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.29M USD +54.7%
Additional Paid in Capital 28.2M USD +28.5%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.81K USD -24.2%
Depreciation, Depletion and Amortization 21.7K USD +264%
Interest Expense 44.9K USD -97.6%