Revenue: As of FY2025 Q3, the actual value is USD 668.13 K.EPS: As of FY2025 Q3, the actual value is USD -0.38.EBIT: As of FY2025 Q3, the actual value is USD -2.005 M.<h3>Segment Revenue</h3><ul><li>Revenues, net: For the three months ended September 30, 2025, revenues were $668,128, a 163% increase from $253,599 in the same period in 2024. For the nine months ended September 30, 2025, revenues were $1,701,859, an 80% increase from $945,752 in the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: For the three months ended September 30, 2025, gross profit was $244,837, with a gross margin of 37%, compared to $59,344 and a 23% margin in the same period in 2024. For the nine months ended September 30, 2025, gross profit was $452,705, with a gross margin of 27%, compared to $121,471 and a 13% margin in the same period in 2024.</li><li>Net Loss: For the three months ended September 30, 2025, net loss was -$1,836,267, compared to -$1,720,677 in the same period in 2024. For the nine months ended September 30, 2025, net loss was -$5,721,064, compared to -$5,640,387 in the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Flows from Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was -$5,924,987, compared to -$4,796,361 in the same period in 2024.</li><li>Net Cash Flows from Investing Activities: For the nine months ended September 30, 2025, net cash provided by investing activities was $3,651,077, compared to -$5,100,736 in the same period in 2024.</li><li>Net Cash Flows from Financing Activities: For the nine months ended September 30, 2025, net cash provided by financing activities was $6,344,438, compared to $10,153,476 in the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to capitalize on the success of the Lucyd Armor smartglasses line and the Reebok® Powered by Lucyd smartglasses line to generate significant revenue growth in the fourth quarter of 2025. The company is also expanding its sales team and focusing on international expansion.</li><li>Non-Core Business: The company is building new business with white-label and wholesale partners, and has received wholesale orders from new clients, including Kits Eyewear and the Optical Resources Group.</li><li>Priority: The company is prioritizing larger retailers whose economics align with consumer electronics and safety categories, including home-improvement and big-box stores, to scale wholesale placements over time.</li></ul>

INNOVATIVE EYEWEAR INC C/WTS 16/08/2027 (TO PUR COM) SER A | 10-Q: FY2025 Q3 Revenue: USD 668.13 K