For the year ending 2025-12-31, LUCY made $2,661,669 in revenue. -$7,591,189 in net income. Net profit margin of -285.20%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues, net | 2,661,669 | 1,636,440 | ||
| Less cost of goods sold | 2,094,218 | 1,421,250 | ||
| Gross profit | 567,451 | 215,190 | ||
| General and administrative | 5,225,834 | 4,473,292 | ||
| Sales and marketing | 2,971,193 | 2,706,213 | ||
| Research and development | 725,388 | 819,387 | ||
| Related party management fee | 140,000 | 140,000 | ||
| Total operating expenses | 9,062,415 | 8,138,892 | ||
| Other income | - | 157,187 | ||
| Other income (expense), net | 903,775 | 157,187 | ||
| Net loss | -7,591,189 | -7,766,515 | ||
| Basic EPS | -1.9 | -5.19 | ||
| Diluted EPS | -1.9 | -5.19 | ||
| Basic Average Shares | 3,991,818 | 1,496,357 | ||
| Diluted Average Shares | 3,991,818 | 1,496,357 | ||
Innovative Eyewear Inc (LUCY)
Innovative Eyewear Inc (LUCY)