Innovative Eyewear(LUCY)
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Innovative Eyewear, Inc. Announces Exercise of Warrants for $2.6 Million Gross Proceeds
Prnewswire· 2024-09-23 20:00
MIAMI, Sept. 23, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 263,160 shares of the Company's common stock originally issued by the Company on May 29, 2024, each having an original exercise price of $9.50 per share, at an e ...
Innovative Eyewear to Unveil ANSI-Certified Smart Safety Eyewear at Vision Expo West
Prnewswire· 2024-09-17 20:30
MIAMI, Sept. 17, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce the unveiling of their first ANSI-certified smart safety eyewear at Vision Expo West in Las Vegas, Nevada, September 19th-21st 2024.An image of the Lucyd Armor frames and their shelf-ready retail packaging. Courtesy of Innovative Eyewear Inc.We believe th ...
Innovative Eyewear, Inc. Announces Closing of Exercise of Warrants
Prnewswire· 2024-09-05 05:49
Raises approximately $8 million since the beginning of the second quarter of 2024MIAMI, Sept. 4, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announced today that it closed its previously announced transaction involving the exercise of certain outstanding warrants to purchase an aggregate of 126,699 shares of the Company's common stock originally issued by the ...
Innovative Eyewear, Inc. Announces Exercise of Warrants
Prnewswire· 2024-09-03 20:39
MIAMI, Sept. 3, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 126,699  shares of the Company's common stock originally issued by the Company on June 26, 2023, each having an original exercise price of $21.00 per share, at a ...
Innovative Eyewear, Inc. Announces Strategic Alliance with Geenee Inc. to Deliver Next-gen Smart Eyewear Retail Experiences
Prnewswire· 2024-08-21 20:00
MIAMI, Aug. 21, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of ChatGPT smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce it has partnered with augmented reality shopping developer Geenee Inc. to develop a new generation of Smart Eyewear retail experiences in Q4 2024.The Company is working with Geenee to launch the following new customer experiences for its smart eyewear:Lucyd® Kiosk ...
Innovative Eyewear Inc. Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-13 20:00
Quarterly Revenue Increased 82% vs Q2 2023; Gross Margin Increases SubstantiallyMIAMI, Aug. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ: LUCY, LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced its financial results for the second quarter of 2024.Net revenue for the quarter ended June 30, 2024 was $308,682, an increase of 82% from the quarter ended June 30, 2023. Net revenue for the six months ended June 30, 2024 ...
Innovative Eyewear(LUCY) - 2024 Q2 - Quarterly Report
2024-08-13 04:05
产品系列和新品发布 - 公司推出了新一代Lucyd Lyte XL系列智能眼镜,包括15种不同款式[139] - 公司计划在2024年下半年推出Reebok Powered by Lucyd智能眼镜系列,并在2025年上半年推出Reebok Optical智能眼镜系列[143] - 公司目前提供33种不同型号的智能眼镜产品,并计划在2024年底前增加至38种[144] - 新推出的联名系列产品如Nautica Powered by Lucyd和Eddie Bauer Powered by Lucyd带动了收入增长[211] 销售渠道和营销 - 公司与Windsor Eyes合作,通过其专业销售团队将产品引入3家新的眼镜零售商[152] - 公司已在73家零售店部署了新的模块化展示系统,并计划在2024年第四季度推出更多新的柜台和独立式展示系统[154] - 公司通过自有网站Lucyd.co和亚马逊等渠道的在线订单数已超过2万单[160] - 电商渠道销售增长超过200%,成为公司最重要的销售渠道[183] - 电商渠道销售大幅增长,超过300%[211,212] - 批发渠道收入下降39%,但预计未来3-21个月内将有显著增长[213] - 销售和营销费用同比增长327%,主要由于上年同期有股权激励费用冲回[200] - 销售和营销费用同比增加204%,主要用于广告和营销投入[228,229] 产品质量和客户反馈 - 公司的Lucyd Lyte XL系列产品在线上获得了较高的用户评分,表明客户对产品设计、功能和质量的改进给予了积极反馈[159] 定价和毛利率 - 公司的Lucyd Lyte XL系列非处方眼镜价格为179美元至199美元不等,Nautica和Eddie Bauer联名系列价格为199美元至299美元不等[163] - 公司通过自有网站提供的处方镜片升级价格从40美元到449美元不等,是一个重要的产品差异化和销售提升机会[164] - 毛利润为5,518万美元,毛利率为18%,较上年同期大幅改善36个百分点[193,194] - 毛利率由上年同期-6%提升至9%[222,223] - 公司计划未来通过提高批发渠道销售占比来提高整体毛利率[196] - 公司预计未来将通过新供应商和新产品线的推出进一步降低单位成本[190,192] - 公司计划未来通过降低新产品成本和优化供应链来进一步提升毛利率[219,221,224] 财务表现 - 公司总收入同比增长82%,达到3.09亿美元[183] - 公司收入同比增长120%,达到692,153美元[207] - 研发费用同比增长30%,主要由于Vyrb应用程序开发成本的一次性核销[202] - 研发费用增加主要由于员工在研发活动上投入更多时间[233] - 公司获得投资组合股息和短期贷款利息收入等其他收益6.92万美元[235] - 公司现金及现金等价物为590万美元,营运资金为680万美元[237] - 公司通过股权发行筹集资金约5.12亿美元,用于营运资金和一般公司用途[241,242,243,245] - 公司预计未来将持续亏损,但现有现金及贷款额度足以支持未来12个月的运营[246,247] 管理层变动 - 哈里森·格罗斯担任首席执行官[259] - 康拉德·达布罗夫斯基担任首席财务官[260] 其他 - 公司与Tekcapital的管理服务协议规定每半年支付7万美元的相关方管理费[233] - 公司于2024年7月实施了1比20的反向股票拆分[250,251] - 公司内部控制存在重大缺陷,导致披露控制和程序未能有效[252] - 公司2024年8月12日召开财报电话会议[258,259,260]
Innovative Eyewear Inc. Announces the First Walkie-Talkie Feature for Smart Eyewear
Newsfile· 2024-07-18 20:00
Miami, Florida--(Newsfile Corp. - July 18, 2024) - Innovative Eyewear Inc. (NASDAQ: LUCY) (NASDAQ: LUCYW) ("Innovative Eyewear" or "the Company"), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the debut of a new Walkie-Talkie feature on all Lucyd Eyewear. The new update to the Lucyd app for iOS and Android, released this week, enables Lucyd users worldwide to speak to each other through walkie-talkie style communication channels on their glasses ...
Innovative Eyewear Inc. Announces Significant Progress in International Expansion
Prnewswire· 2024-06-14 20:30
MIAMI, June 14, 2024 /PRNewswire/ -- Innovative Eyewear Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to provide a sales and marketing update. Strategic Partnerships and Market Expansions Industry Presence. In March, Innovative Eyewear showcased its latest advancements at Vision Expo East, followed by a presentation at the Boston Reebok Spring Meetup. We believe these events provided ...
Innovative Eyewear, Inc. Launches Bixby App to Enable ChatGPT on its Smart Eyewear
Prnewswire· 2024-06-13 20:30
MIAMI, June 13, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announces today that it has launched a Bixby app called LUCY to enable handsfree ChatGPT access on its glasses. This brings a powerful new feature to Samsung phone users for the first time – the ability to access ChatGPT via the phone's built-in voice assistant. The Voyager Frame, Sky Blue Grad ...