| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -5,721,064 | -3,884,797 |
| Write-off of previously-capitalized software costs | - | 0 |
| Depreciation | 53,292 | 38,370 |
| Amortization | 48,931 | 35,379 |
| Non-cash interest income on debt securities (u.s. treasury bills) | -24,367 | -10,943 |
| Realized gain on debt securities (u.s. treasury bills) | 104,816 | 104,816 |
| Stock-based compensation and nonemployee stock-based payment expense | 532,017 | 355,213 |
| Expenses paid by tekcapital and affiliates | 215,119 | 140,816 |
| Provision for (recovery of) doubtful accounts | 3,629 | 7,745 |
| Accounts receivable | -26,381 | -47,666 |
| Accounts payable and accrued expenses | -18,022 | -285,440 |
| Prepaid expenses | 21,694 | 75,600 |
| Inventory prepayments | -98,345 | 136,273 |
| Inventory | 801,358 | 845,282 |
| Other assets | 40,765 | 18,684 |
| Contract assets and liabilities | -26,075 | -36,547 |
| Net cash flows from operating activities | -5,924,987 | -4,427,553 |
| Purchases of debt securities (u.s. treasury bills) | 1,274,320 | 1,274,320 |
| Proceeds from redemption of debt securities (u.s. treasury bills) | 5,000,000 | 5,000,000 |
| Loan made to tekcapital europe, ltd | 250,000 | 250,000 |
| Repayment of amounts loaned to tekcapital europe, ltd | -250,000 | -250,000 |
| Patent costs | 19,120 | 19,120 |
| Proceeds from second registered direct offering | - | 0 |
| Purchases of property and equipment | 55,483 | 40,648 |
| Proceeds from first registered direct offering | - | 0 |
| Net cash flows from investing activities | 3,651,077 | 3,665,912 |
| Proceeds from at-the-market offerings of common stock | 692,317 | 0 |
| Proceeds from exercises of warrants | 5,642,229 | 5,694,619 |
| Proceeds from sale of common stock withheld from employees to cover withholding taxes on vested restricted share units | 49,005 | 27,424 |
| Incurrence of obligation under long-term payment plan with vendor | 121,059 | 121,059 |
| Payments made under long-term payment plan with vendor | 32,283 | 20,177 |
| Repayment of amounts due to tekcapital and affiliates | 127,889 | 62,889 |
| Net cash flows from financing activities | 6,344,438 | 5,760,036 |
| Net change in cash and cash equivalents | 4,070,528 | 4,998,395 |
| Cash and cash equivalents at beginning of period | 2,628,987 | - |
| Cash and cash equivalents at end of period | 6,699,515 | - |
Innovative Eyewear Inc (LUCY)
Innovative Eyewear Inc (LUCY)