• Innovative Eyewear posted a net loss of USD 2.31 million for Q1 2026, widening 30% from year-earlier period.
• Revenue rose 70% to USD 773,561 versus prior-year quarter, driven by higher volume led by Lucyd Armor smart safety glasses.
• Gross margin fell 26 percentage points to 23% on the absence of prior-year credits and inventory adjustments.
• Operating expenses increased 20% to USD 2.55 million, with general and administrative costs climbing 46% to USD 1.59 million on higher outside services, compensation, and license payments.
• April launch of Reebok Powered by Lucyd optical collection added new retail partners, with discussions underway with big-box, optical, hardware, and automotive chains for broader 2026 store rollout.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovative Eyewear Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-005226), on May 14, 2026, and is solely responsible for the information contained therein.