Innovative Eyewear (LUCY)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.54 mm	4.54 mm	4.54 mm	4.54 mm	4.54 mm	4.54 mm
Cash burn (monthly)	451.02 k	(no burn)	587.35 k	687.21 k	466.56 k	511.45 k
Cash used (since last report)	2.28 mm	n/a	2.97 mm	3.48 mm	2.36 mm	2.59 mm
Cash remaining	2.26 mm	n/a	1.57 mm	1.06 mm	2.18 mm	1.95 mm
Runway (months of cash)	5.0	n/a	2.7	1.5	4.7	3.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

LUCY institutional ownership history Ownership history

36.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	4	12	-66.7%
Opened positions	2	11	-81.8%
Closed positions	10	1	+900.0%
Increased positions	0	1	EXIT
Reduced positions	2	0	NEW

13F shares	Current	Prev Q	Change
Total value	224.27 mm	196.38 mm	+14.2%
Total shares	895.26 k	1.43 mm	-37.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Galkin Vladimir	743.25 k	$6.69 mm	NEW
Intracoastal Capital	126.07 k	$986.00 k	-87.8%
OMERS ADMINISTRATION	15.80 k	$131.93 mm	NEW
Geode Capital Management	10.14 k	$84.66 mm	-84.2%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Intracoastal Capital	126.07 k	-911.53 k	-87.8%
Galkin Vladimir	743.25 k	+743.25 k	NEW
Jane Street	0.00	-92.18 k	EXIT
UBS UBS	0.00	-61.40 k	EXIT
Geode Capital Management	10.14 k	-53.88 k	-84.2%
Creative Planning	0.00	-48.92 k	EXIT
Vanguard	0.00	-47.23 k	EXIT
Susquehanna International	0.00	-46.55 k	EXIT
World Equity	0.00	-20.26 k	EXIT
OMERS ADMINISTRATION	15.80 k	+15.80 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LUCY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	8.61	33,273	286.48 k	1,000,000
23 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	8.73	1,655	14.45 k	966,727
23 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	8.87	100,072	887.64 k	965,072
23 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	9.5	3,247	30.85 k	865,000
23 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	9.65	62,545	603.56 k	861,753
20 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Sell	Dispose S	No	No	10	3,245	32.45 k	799,208
20 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Sell	Dispose S	No	No	10.79	10,792	116.45 k	802,453
20 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	10.19	24,599	250.66 k	813,245
20 Sep 24	Galkin Vladimir	Common Stock, par value $0.00001	Buy	Acquire P	No	No	10.37	45,401	470.81 k	788,646

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Innovative Eyewear Announces Secure Walkie Channels for the Lucyd App, Unlocking New Potential for Corporations and Teams Worldwide

26 Feb 25

MIAMI, Feb. 26, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ:LUCY, LUCYW)), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today

Innovative Eyewear Takes Center Stage at MIDO 2025 with Reebok Smart Eyewear Line Launch

5 Feb 25

MIAMI, Feb. 5, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ:LUCY, LUCYW)), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is

Innovative Eyewear Announces Key Retail Partnership with Micro Center

30 Jan 25

MIAMI, Jan. 30, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ:LUCY, LUCYW)), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands,

Innovative Eyewear Announces Lucyd Armor™ Safety Certification for Canada

16 Jan 25

Innovative Eyewear Announces Participation in Key Industry Events in Q1 2025

15 Jan 25