Welcome to our dedicated page for Lucyd SEC filings (Ticker: LUCY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Innovative Eyewear filings document a Nasdaq-listed smart eyewear issuer with common stock under LUCY and warrants under LUCYW. Recent Form 8-K reports cover results of operations, preliminary financial information, operational highlights, executive title and principal financial officer changes, and annual-meeting matters.
The company's regulatory disclosures also record stockholder voting outcomes, director elections, auditor ratification matters, quorum and adjournment mechanics, exhibit filings and Inline XBRL cover-page data. These filings frame the public-company record around governance, capital structure and event-driven disclosures for its smart eyewear business.
Innovative Eyewear, Inc. entered an inducement agreement with a warrant holder to immediately exercise 2,200,544 existing warrants at a reduced price of $1.35 per share, generating approximately $3.0 million in gross proceeds. In return, the company is issuing new unregistered Series J warrants to purchase up to 6,601,632 shares of common stock at an exercise price of $1.10 per share, exercisable immediately for 24 months after a future resale registration becomes effective. The company plans to use net proceeds for working capital and general corporate purposes, has engaged H.C. Wainwright & Co. as exclusive placement agent with cash fees and expense reimbursements, and will also issue placement agent warrants to buy 165,041 shares at $1.6875 per share.
Lucy Scientific Discovery Corp. filed a Section 144 notice relating to proposed sales of Common Stock. The filing includes a proposed sale quantity of 1,860 shares and reports shares outstanding were 6,400,000 as of 07/06/2026. The excerpt also shows an RSU grant of 18,200 shares dated 04/02/2026 and a reported sale by David Cohen of 1,860 shares on 04/09/2026.
Innovative Eyewear, Inc. reported strong top-line growth but continued losses for the quarter ended March 31, 2026. Revenue rose 70% year over year to $773,561, driven largely by higher unit volumes of its Lucyd Armor smart safety glasses and growing e-commerce sales on Lucyd.co and Amazon.
Despite this growth, the company posted a net loss of $2,309,368, or $0.37 per share, as operating expenses of $2,547,210 and a lower gross margin of 23% outweighed gains in revenue. General and administrative costs increased with higher professional services, compensation, and brand license fees, while sales and marketing spending remained roughly flat.
Cash and cash equivalents were $4.38M and total liquidity, including U.S. Treasury bill investments, was about $5.7M as of March 31, 2026, compared with $6.5M at year-end 2025. The company raised roughly $1.4M net through an at-the-market stock offering and believes existing liquidity plus a related-party credit facility can fund operations for at least 12 months, although it continues to report material weaknesses in internal control over financial reporting.
Innovative Eyewear, Inc. Schedule 13G/A reports that three related Reporting Persons — Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC — may be deemed to beneficially own 699,295 shares of common stock, representing 9.99% of the class as of the close of business on March 31, 2026.
The filing states the 9.99% figure is calculated using 6,300,661 shares outstanding as of March 25, 2026 plus the 699,295 shares issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1"). The filing explains multiple warrants contain blocker provisions that limit exercise to avoid exceeding 9.99% or 4.99% ownership caps; without those blockers the Reporting Persons could be deemed to beneficially own 2,266,741 shares.
Innovative Eyewear, Inc. uses its Form 10-K to describe a growing but still unprofitable smart-eyewear business built around Lucyd-branded audio glasses, licensed Nautica, Eddie Bauer, and Reebok lines, and a companion Lucyd app that integrates ChatGPT and other voice assistants.
The company sells about 34 models through e-commerce and over 400 retail stores, supported by kiosks and influencer marketing, and holds or licenses more than 120 patents and numerous trademarks. It reported a net loss of $7.5 million for 2025 and $7.8 million for 2024, with an accumulated deficit of $32.3 million as of December 31, 2025, and a non-affiliate equity market value of about $6.993 million as of June 30, 2025.
Key risks include intense competition from large tech and eyewear brands, reliance on Chinese manufacturing amid shifting U.S. tariffs, potential Nasdaq delisting if listing standards are not met, the need for additional capital, and $13.57 million of minimum licensing payments over eight years for its major cobranded collections.