Innovative Eyewear
Camera-free smart eyewear for everyday, sport, and safety use.
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Profile
Designs camera-free smart glasses that combine open-ear audio, calls, phone voice assistants, and AI access with optical, sport, and safety eyewear. Revenue is centered on direct e-commerce, with outsourced China-based production and North America as the primary market.
Designs and sells camera-free, open-ear Bluetooth smart eyewear across the Lucyd Lyte, Lucyd Armor, Nautica Powered by Lucyd, Eddie Bauer Powered by Lucyd, and Reebok Powered by Lucyd lines. Frames add speakers, microphones, touch controls, and phone-based voice and AI access to prescription, lifestyle, sport, and safety eyewear. Revenue comes mainly from direct e-commerce and wholesale optical and retail partners, primarily in North America.
Uses familiar eyeglass form factors rather than display-heavy AR/VR headsets and iterates products with customer and retail-partner feedback. Product design is Miami-based, production is contracted in China, and a third-party Miami laboratory fits prescription lenses. Brand licenses, marketplace access, outside AI and smartphone platforms, limited suppliers, FDA oversight, and safety certifications shape operations. Safety-line positioning depends on maintaining applicable U.S., Canadian, and European certifications.
Company facts
Categories
Key statistics
Year to date −16.3% · Average volume (30d) 7.2M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026Q2 FY26 | −$0.37 | −$0.26 | +29.7% | $900.0K | $1.0M | +12.3% | −2.66% |
| Aug 13, 2026Q2 FY26 | −$0.37 | −$0.26 | +29.7% | $900.0K | $1.0M | +12.3% | +4.03% |
| May 14, 2026Q1 FY26 | −$0.47 | −$0.37 | +21.3% | $700.0K | $773.6K | +10.5% | −7.92% |
| Mar 25, 2026Q4 FY25 | −$0.43 | −$0.28 | +34.9% | $1.2M | $959.8K | −20.0% | 0.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $454.5K | $579.2K | $668.1K | $959.8K | $773.6K | $1.0M | |
| Gross profit | $220.5K | −$12.7K | $244.8K | $114.7K | $175.4K | $242.5K | |
| Operating income | −$1.9M | −$2.2M | −$1.9M | −$2.5M | −$2.4M | −$1.7M | |
| Net income | −$1.8M | −$2.1M | −$1.8M | −$1.9M | −$2.3M | −$1.7M | |
| Diluted EPS | −$0.72 | −$0.66 | −$0.38 | −$0.34 | −$0.37 | −$0.26 | |
| Gross margin | 48.5% | -2.2% | 36.6% | 12.0% | 22.7% | 24.0% | |
| Operating margin | -418.9% | -374.8% | -287.5% | -260.4% | -306.6% | -168.7% |
Fiscal years (4-quarter sums)FY21 $690.7K · FY22 $659.8K · FY23 $1.2M · FY24 $1.6M · FY25 $2.7M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $3.7M · Total debt $49.4K · Total assets $7.5M · Shareholders' equity $6.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 6.30M · Float 5.76M · 91.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Galkin Vladimir · 10 percent owner | 861.8K | 13.68% | Form 4 | Jan 7, 2026 |
| Mitchell P. Kopin | 699.3K | 9.99% | 13G | May 13, 2026 |
| Cetera Investment Advisers | 500.0K | 7.94% | 13F | May 13, 2026 |
| Kelly Joseph Chapman | 450.4K | 8.42% | 13G | Feb 5, 2026 |
| Geode Capital Management, LLC | 60.5K | 0.96% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | David Eric Cohen | officer: Chief Technology Officer | −6,136 | $0.6802 |
| Jul 6, 2026 | David Eric Cohen | officer: Chief Technology Officer | −1,860 | $1.17 |
| Apr 9, 2026 | David Eric Cohen | officer: Chief Technology Officer | −1,860 | $1.11 |
| Apr 2, 2026 | David Eric Cohen | officer: Chief Technology Officer | −5,913 | $1.04 |
| Aug 19, 2026 | Harrison R. Gross | director, officer: Chief Executive Officer | −13,974 | $0.6971 |
Peers
- Meta
AI camera glasses rival everyday and sport smart-eyewear demand.
- Amazon
Echo Frames overlap in camera-free open-ear audio eyewear.
- Estée Lauder Companies
Ray-Ban and Oakley Meta pair smart glasses with optical scale.
- 3M
Safety eyewear substitutes contest industrial eye-protection budgets.
- Vuzix
Enterprise smart glasses overlap in connected frontline eyewear.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Innovative Eyewear | $0.9252 | −3.09% | $6.0M | — | — | 1.8 | +74.5% |
| Meta | $578.36 | +0.06% | $1.47T | 21.8 | 19.0 | 6.5 | +28.0% |
| Amazon | $266.10 | −0.11% | $2.87T | 21.4 | 28.5 | 3.7 | +19.6% |
| Estée Lauder Companies | $103.41 | +0.01% | $37.39B | 206.8 | 31.2 | 2.5 | +6.5% |
| 3M | $174.82 | +0.27% | $89.91B | 31.0 | 18.8 | 3.6 | +2.5% |
| Vuzix | $2.64 | +1.93% | $215.4M | — | — | 36.5 | −14.1% |
| Median | 26.4 | 23.7 | 3.7 | +6.5% |