Every 10-Q that Innovative Eyewear, Inc. (LUCY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LUCY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LUCY filings page.
Innovative Eyewear, Inc. reported strong top-line growth but continued losses for the quarter and six months ended June 30, 2026. Quarterly revenue was $1,010,519, up sharply from 2025 levels, driven mainly by Lucyd Armor smart safety glasses and Reebok-branded smartglasses across Lucyd.co, Amazon, and growing wholesale channels. Gross margin improved to 24%, compared with a small gross deficit a year earlier, as the company mitigated tariff impacts and benefited from better sourcing and scale.
Despite this, the company posted a quarterly net loss of $1,670,818 and a six‑month net loss of $3,980,186, reflecting ongoing spending on general and administrative, marketing, and product development. Cash and cash equivalents were $2.5 million, with total liquidity of about $3.7 million including U.S. Treasury bills, and working capital of roughly $6.2 million. Management expects liquidity to fund operations for at least 12 months, supplemented by a July 2026 warrant inducement that raised about $3.0 million before fees and an undrawn related‑party credit facility. However, disclosure controls and procedures were deemed ineffective due to material weaknesses in internal control over financial reporting.
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 (LUCY) filed its Q3 2025 10‑Q reporting stronger sales and improved margins. Revenue for the quarter was $668,128, up sharply from $253,599 a year ago, driven by the Lucyd Armor safety line and the Reebok Powered by Lucyd collection. Gross profit rose to $244,837, with gross margin improving to 37% from 23% as sourcing and logistics efficiencies offset tariff pressures. The company reported a net loss of $(1,836,267) versus $(1,720,677) in the prior-year quarter.
Year-to-date revenue reached $1,701,859, with a net loss of $(5,721,064). Cash and cash equivalents were $6,699,515 as of September 30, 2025, supported by cash inflows from warrant exercises, inducement transactions, and at‑the‑market sales. Stockholders’ equity increased to $10,250,218. Management states liquidity is expected to fund operations for at least the next 12 months. A subsequent event adds $570,000 from a legal settlement. As of November 6, 2025, there were 5,350,183 common shares outstanding.