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Income Statement
Innovative Eyewear Inc (LUCY)
source: myfinsight.com
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Net loss
-$2,106,094
(-8.09%↓ Y/Y)
Other income
(expense), net
$64,978
(150.31%↑ Y/Y)
Gross (deficit)
profit
-$12,665
(-122.95%↓ Y/Y)
Total operating
expenses
$2,158,407
(6.35%↑ Y/Y)
Revenues, net
$579,230
(87.65%↑ Y/Y)
Less cost of goods
sold
$591,895
(133.48%↑ Y/Y)
General and
administrative
$1,310,865
(1.20%↑ Y/Y)
Related party
management fee
$35,000
(0.00%↑ Y/Y)
Research and development
$268,224
(4.45%↑ Y/Y)
Sales and marketing
$544,318
(23.03%↑ Y/Y)
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