Innovative Eyewear Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	1.15	0.66	0.69	0.06
Revenue Growth (YoY)	74.67%	-4.47%	1111.77%	-
Cost of Revenue	1.27	0.72	0.54	0.07
Gross Profit	-0.12	-0.06	0.15	-0.02
Selling, General & Admin	5.93	4.86	3.16	0.47
Research & Development	0.66	0.52	0.09	0.04
Other Operating Expenses	0.14	0.14	0.11	0.24
Operating Expenses	6.74	5.52	3.35	0.75
Operating Income	-6.86	-5.58	-3.21	-0.77
Interest Expense / Income	0	0.11	0.04	0
Other Expense / Income	-0.2	-	-	-0
Pretax Income	-6.66	-5.68	-3.24	-0.77
Net Income	-6.66	-5.68	-3.24	-0.77
Shares Outstanding (Basic)	11	7	5	3
Shares Outstanding (Diluted)	11	7	5	3
Shares Change	61.07%	24.46%	77.20%	-
EPS (Basic)	-0.63	-0.87	-0.62	-0.26
EPS (Diluted)	-0.63	-0.87	-0.62	-0.26
Free Cash Flow	-5.84	-3.38	-1.31	-0.04
Free Cash Flow Per Share	-0.56	-0.52	-0.25	-0.01
Gross Margin	-10.35%	-8.53%	21.47%	-30.30%
Operating Margin	-594.85%	-845.22%	-464.05%	-1342.77%
Profit Margin	-578.18%	-861.16%	-469.76%	-1347.76%
Free Cash Flow Margin	-506.98%	-512.84%	-189.29%	-70.64%
EBITDA	-6.58	-5.54	-3.2	-0.76
EBITDA Margin	-570.52%	-840.28%	-462.94%	-1337.31%
Depreciation & Amortization	0.09	0.03	0.01	0
EBIT	-6.66	-5.58	-3.21	-0.76
EBIT Margin	-577.92%	-845.22%	-464.05%	-1339.05%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).