Innovative Eyewear, Inc. (LUCY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 8.75M | 9.44M | 10.6M | 11.33M | 7.33M | 9.24M | 10.99M | 7.29M | 4.11M | 5.62M | 7.5M | 8.77M | 4.54M | 4.24M | 6.1M | 661.65K | 633.82K | 644.33K | 496.22K | 398.78K |
| Cash & Short-Term Investments | 5.68M | 6.51M | 8M | 8.91M | 5.26M | 7.52M | 9.44M | 5.9M | 2.65M | 4.29M | 5.85M | 7.31M | 3.45M | 3.59M | 4.98M | 34.88K | 41.75K | 79.73K | 65.06K | 125.64K |
| Cash Only | 4.38M | 6.51M | 6.7M | 7.63M | 5.26M | 2.63M | 4.54M | 5.9M | 2.65M | 4.29M | 3.9M | 5.36M | 3.45M | 3.59M | 4.98M | 34.88K | 41.75K | 79.73K | 65.06K | 125.64K |
| Short-Term Investments | 1.3M | 0 | 1.3M | 1.29M | 0 | 4.9M | 4.9M | 0 | 0 | 0 | 1.95M | 1.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 71.51K | 476.73K | 83.36K | 57.96K | 89.66K | 131.31K | 80.89K | 61.61K | 52.78K | 93.21K | 127.62K | 130.66K | 127.64K | 110.26K | 187.59K | 186.88K | 153.72K | 43.39K | 27.07K | 9.51K |
| Days Sales Outstanding | 31.89 | 26.84 | 9.73 | 11.6 | 21.88 | 14.13 | 25.85 | 16.86 | 17.32 | 16.5 | 53.55 | 69.16 | 73.87 | 204.29 | 113.36 | 75.69 | 37.58 | 11.77 | 9.84 | 6.82 |
| Inventory | 2.1M | 1.75M | 1.63M | 1.68M | 1.13M | 831.76K | 915.18K | 1M | 918.31K | 856.76K | 776.14K | 659.87K | 743.08K | 94.7K | 620.65K | 384.82K | 381.62K | 275.5K | 333.03K | 180.59K |
| Days Inventory Outstanding | 289.31 | 183.89 | 359.72 | 215.63 | 376.93 | 134.61 | 453.82 | 344.53 | 214.51 | 94.37 | 466.73 | 319.58 | 280.03 | 124.71 | 358.29 | 215.94 | 182.95 | 133.27 | 181.43 | 174.14 |
| Other Current Assets | 72.58K | 60 | 53.19K | 40.85K | 50.15K | 59.45K | 232.29K | 59.45K | 65.28K | 65.7K | 51.83K | 36.24K | 36.24K | 36.24K | 1.46K | 1.46K | 1.46K | 112.61K | 20.07K | 32.03K |
| Total Non-Current Assets | 732.91K | 704.82K | 576.23K | 602.78K | 612.04K | 600.09K | 604.7K | 572.55K | 702.21K | 601.99K | 614.93K | 569.36K | 570.79K | 449.15K | 320.33K | 444.02K | 438.75K | 179.99K | 225.53K | 134.35K |
| Property, Plant & Equipment | 50.22K | 61.78K | 58.24K | 58.33K | 127.01K | 107.56K | 106.69K | 130.65K | 143.49K | 132.85K | 178.47K | 125.2K | 137.57K | 119.75K | 98.28K | 52.78K | 48.41K | 20.28K | 10.66K | 2.04K |
| Fixed Asset Turnover | 13.81x | 15.99x | 11.46x | 6.25x | 3.88x | 6.45x | 2.14x | 2.25x | 2.78x | 3.96x | 1.46x | 1.29x | 1.13x | 0.62x | 2.01x | 4.05x | 6.87x | 17.80x | 26.94x | 62.42x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 599.61K | 559.97K | 421.49K | 435.04K | 457.75K | 451.3K | 431.03K | 349.19K | 440.26K | 396.5K | 382.35K | 361.44K | 350.5K | 247.63K | 217.51K | 212.88K | 208.52K | 159.71K | 139.58K | 114.32K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.54K | 4.54K | 11.23K | 11.23K | 25.29K | 17.99K |
| Other Non-Current Assets | 83.08K | 83.08K | 96.49K | 109.41K | 27.28K | 41.23K | 66.97K | 92.72K | 118.46K | 72.64K | 54.11K | 82.72K | 82.72K | 81.78K | 0 | 173.81K | 170.59K | 111.15K | 50K | 0 |
| Total Assets | 9.48M | 10.14M | 11.18M | 11.94M | 7.94M | 9.84M | 11.6M | 7.86M | 4.81M | 6.22M | 8.12M | 9.34M | 5.11M | 4.69M | 6.42M | 1.11M | 1.07M | 824.32K | 721.75K | 533.13K |
| Asset Turnover | 0.08x | 0.09x | 0.06x | 0.06x | 0.05x | 0.06x | 0.03x | 0.05x | 0.07x | 0.09x | 0.03x | 0.02x | 0.03x | 0.01x | 0.04x | 0.19x | 0.25x | 0.36x | 0.27x | 0.24x |
| Asset Growth % | 19.38% | 3.07% | -3.64% | 51.87% | 65% | 58.2% | 42.89% | -15.85% | -5.87% | 32.6% | 26.37% | 744.7% | 376.7% | 468.94% | 789.84% | 107.39% | - | 255.83% | - | - |
| Total Current Liabilities | 1.09M | 1.05M | 884.65K | 606.06K | 447.24K | 737.72K | 652.96K | 494.63K | 883.49K | 624.49K | 431.18K | 330.59K | 504.65K | 600K | 851.05K | 2.45M | 1.64M | 616.8K | 665.59K | 410.66K |
| Accounts Payable | 1.04M | 985.42K | 772.22K | 483.23K | 313.12K | 692.82K | 607.95K | 376.54K | 840.99K | 581.99K | 185.95K | 148.98K | 292.23K | 275.66K | 485.91K | 284.6K | 222.97K | 167.05K | 115.74K | 100.11K |
| Days Payables Outstanding | 152.65 | 95.67 | 136.43 | 61.22 | 193.48 | 100.23 | 233.13 | 218.53 | 171.96 | 44.38 | 108.86 | 100.5 | 189.82 | 132.77 | 274.56 | 143.01 | 108.58 | 61.93 | 76.25 | 96.54 |
| Short-Term Debt | 32.13K | 0 | 0 | 0 | 0 | 0 | 0 | 75.59K | 0 | 0 | 0 | 0 | 0 | 61.36K | 166.21K | 1.94M | 1.25M | 289.03K | 420.1K | 199.64K |
| Deferred Revenue (Current) | 14.97K | 59.89K | 48.59K | 68.3K | 81.84K | 44.9K | 45.01K | 0 | 42.5K | 42.5K | 42.95K | 30K | 30K | 30K | 0 | 0 | 0 | 0 | 17.95K | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.5K | 0 | 0 | 202.28K | 151.61K | 182.42K | 232.99K | 198.93K | 231.03K | 167.07K | 160.72K | 111.8K | 110.9K |
| Current Ratio | 8.02x | 9.03x | 11.98x | 18.70x | 16.39x | 12.52x | 16.83x | 14.73x | 4.65x | 8.99x | 17.40x | 26.53x | 9.00x | 7.07x | 7.17x | 0.27x | 0.39x | 1.04x | 0.75x | 0.97x |
| Quick Ratio | 6.09x | 7.36x | 10.13x | 15.93x | 13.87x | 11.40x | 15.43x | 12.71x | 3.61x | 7.62x | 15.60x | 24.53x | 7.53x | 6.91x | 6.44x | 0.11x | 0.15x | 0.60x | 0.25x | 0.53x |
| Cash Conversion Cycle | 168.55 | 115.06 | 233.02 | 166.01 | 205.33 | 48.51 | 246.54 | 142.87 | 59.87 | 66.49 | 411.41 | 288.24 | 164.08 | 196.23 | 197.08 | 148.63 | 111.95 | 83.11 | 115.02 | 84.42 |
| Total Non-Current Liabilities | 20.48K | 28.49K | 40.35K | 52.46K | 0 | 5.45K | 12.95K | 20.45K | 27.95K | 35.45K | 42.5K | 57.95K | 57.95K | 65.45K | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 20.48K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 28.49K | 40.35K | 52.46K | 0 | 0 | 0 | 20.45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.11M | 1.07M | 925K | 658.52K | 447.24K | 743.17K | 665.91K | 515.09K | 911.44K | 659.94K | 473.68K | 388.54K | 562.6K | 665.46K | 851.05K | 2.45M | 1.64M | 616.8K | 665.59K | 410.66K |
| Total Debt | 52.61K | 0 | 0 | 0 | 0 | 0 | 0 | 75.59K | 0 | 0 | 0 | 0 | 0 | 61.36K | 166.21K | 1.94M | 1.25M | 289.03K | 420.1K | 199.64K |
| Net Debt | -4.33M | -6.51M | -6.7M | -7.63M | -5.26M | -2.63M | -4.54M | -5.82M | -2.65M | -4.29M | -3.9M | -5.36M | -3.45M | -3.53M | -4.81M | 1.9M | 1.21M | 209.3K | 355.05K | 74K |
| Debt / Equity | 0.01x | - | - | - | - | - | - | 0.01x | - | - | - | - | - | 0.02x | 0.03x | - | - | 1.39x | 7.48x | 1.63x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | -1172.93x | -736.91x | -464.33x | -36.08x | -25.30x | -66.50x | -238.73x | -114.85x | -34.87x |
| Total Equity | 8.37M | 9.07M | 10.25M | 11.28M | 7.49M | 9.1M | 10.93M | 7.34M | 3.9M | 5.56M | 7.64M | 8.95M | 4.55M | 4.02M | 5.57M | -1.35M | -570.87K | 207.52K | 56.16K | 122.47K |
| Equity Growth % | 11.68% | -0.32% | -6.23% | 53.56% | 92.08% | 63.62% | 43.03% | -17.95% | -14.26% | 38.13% | 37.17% | 764.16% | 897.09% | 1839.33% | 9821.1% | -1200.46% | - | 138.85% | - | - |
| Book Value per Share | 1.34 | 1.65 | 2.10 | 3.51 | 5.01 | 3.71 | 6.29 | 7.03 | 6.02 | 8.59 | 11.83 | 20.89 | 12.02 | 11.00 | 16.70 | -4.45 | -1.88 | 0.71 | 0.20 | 0.48 |
| Total Shareholders' Equity | 8.37M | 9.07M | 10.25M | 11.28M | 7.49M | 9.1M | 10.93M | 7.34M | 3.9M | 5.56M | 7.64M | 8.95M | 4.55M | 4.02M | 5.57M | -1.35M | -570.87K | 207.52K | 56.16K | 122.47K |
| Common Stock | 63 | 55 | 52 | 48 | 25 | 25 | 24 | 15 | 132 | 129 | 129 | 129 | 77 | 73 | 73 | 60 | 60 | 60 | 58 | 56 |
| Retained Earnings | -34.64M | -32.33M | -30.46M | -28.62M | -26.51M | -24.74M | -22.61M | -20.89M | -18.94M | -16.97M | -14.58M | -13.02M | -11.74M | -10.31M | -8.43M | -7.02M | -5.83M | -4.62M | -3.24M | -2.22M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.23K | 0 | -17.99K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |