Name | Value |
---|---|
Revenues | 454.5M |
Cost of Revenue | 234.0M |
Gross Profit | 220.5M |
Operating Expense | 514.5M |
Operating I/L | -1.9M |
Other Income/Expense | 0.1M |
Interest Income | 0.1M |
Pretax | -1.8M |
Income Tax Expense | 0.0M |
Net Income/Loss | -1,778.7M |
Innovative Eyewear, Inc. specializes in the development and sale of smart eyeglasses and sunglasses. Their flagship product, Lucyd Lyte glasses, offers hands-free access to music, calls, and voice assistants. Additionally, they provide Vyrb, a social media app that integrates with their smart glasses. The company generates revenue through the sale of their smart eyewear products via e-commerce and retail channels.