The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -1,836,267 | -3,884,797 |
| Write-off of previously-capitalized software costs | - | 0 |
| Depreciation | 14,922 | 38,370 |
| Amortization | 13,552 | 35,379 |
| Non-cash interest income on debt securities (u.s. treasury bills) | -13,424 | -10,943 |
| Realized gain on debt securities (u.s. treasury bills) | 0 | 104,816 |
| Stock-based compensation and nonemployee stock-based payment expense | 176,804 | 355,213 |
| Expenses paid by tekcapital and affiliates | 74,303 | 140,816 |
| Provision for (recovery of) doubtful accounts | -4,116 | 7,745 |
| Accounts receivable | 21,285 | -47,666 |
| Accounts payable and accrued expenses | 267,418 | -285,440 |
| Prepaid expenses | -53,906 | 75,600 |
| Inventory prepayments | -234,618 | 136,273 |
| Inventory | -43,924 | 845,282 |
| Other assets | 22,081 | 18,684 |
| Contract assets and liabilities | 10,472 | -36,547 |
| Net cash flows from operating activities | -1,497,434 | -4,427,553 |
| Purchases of debt securities (u.s. treasury bills) | 0 | 1,274,320 |
| Proceeds from redemption of debt securities (u.s. treasury bills) | 0 | 5,000,000 |
| Loan made to tekcapital europe, ltd | 0 | 250,000 |
| Repayment of amounts loaned to tekcapital europe, ltd | 0 | -250,000 |
| Patent costs | 0 | 19,120 |
| Proceeds from second registered direct offering | - | 0 |
| Purchases of property and equipment | 14,835 | 40,648 |
| Proceeds from first registered direct offering | - | 0 |
| Net cash flows from investing activities | -14,835 | 3,665,912 |
| Proceeds from at-the-market offerings of common stock | 692,317 | 0 |
| Proceeds from exercises of warrants | -52,390 | 5,694,619 |
| Proceeds from sale of common stock withheld from employees to cover withholding taxes on vested restricted share units | 21,581 | 27,424 |
| Incurrence of obligation under long-term payment plan with vendor | 0 | 121,059 |
| Payments made under long-term payment plan with vendor | 12,106 | 20,177 |
| Repayment of amounts due to tekcapital and affiliates | 65,000 | 62,889 |
| Net cash flows from financing activities | 584,402 | 5,760,036 |
| Net change in cash and cash equivalents | -927,867 | 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 (LUCYW)
Innovative Eyewear Inc (LUCYW)