Financial Statements — LUCY
Balance Sheet
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.46 | 4.38 | 6.70 | 7.63 | 5.26 | 4.54 | 5.90 | 2.65 | 3.90 | 5.36 | 3.45 | 4.98 | 0.03 |
| Accounts Receivable | 0.14 | 0.07 | 0.08 | 0.06 | 0.09 | 0.08 | 0.06 | 0.05 | 0.13 | 0.13 | 0.13 | 0.19 | 0.19 |
| Inventory | 1.77 | 1.40 | 1.63 | 1.68 | 1.13 | 0.92 | 0.93 | 0.86 | 0.78 | 0.66 | 0.74 | 0.42 | 0.33 |
| Total Current Assets | 6.79 | 8.75 | 10.60 | 11.33 | 7.33 | 10.99 | 7.29 | 4.11 | 7.50 | 8.77 | 4.54 | 6.10 | 0.84 |
| Property, Plant & Equipment | 0.03 | 0.05 | 0.06 | 0.06 | 0.13 | 0.11 | 0.13 | 0.14 | 0.18 | 0.13 | 0.14 | 0.10 | 0.05 |
| Intangible Assets | 0.63 | 0.60 | 0.42 | 0.44 | 0.46 | 0.43 | 0.35 | 0.33 | 0.27 | 0.25 | 0.24 | 0.12 | 0.12 |
| Total Non-current Assets* | 0.69 | 0.73 | 0.58 | 0.60 | 0.61 | 0.60 | 0.57 | 0.70 | 0.61 | 0.57 | 0.57 | 0.32 | 0.27 |
| Total Assets | 7.47 | 9.48 | 11.18 | 11.94 | 7.94 | 11.60 | 7.86 | 4.81 | 8.12 | 9.34 | 5.11 | 6.42 | 1.10 |
| Accounts Payable | 0.50 | 1.04 | 0.77 | 0.48 | 0.31 | 0.61 | 0.38 | 0.84 | 0.19 | 0.15 | 0.29 | 0.49 | 0.28 |
| Total Current Liabilities | 0.56 | 1.09 | 0.88 | 0.61 | 0.45 | 0.65 | 0.49 | 0.88 | 0.43 | 0.33 | 0.50 | 0.85 | 2.45 |
| Total Non-current Liabilities* | 0.01 | 0.02 | 0.04 | 0.05 | 0.00 | 0.01 | 0.02 | 0.03 | 0.04 | 0.06 | 0.06 | 0.00 | 0.00 |
| Total Liabilities | 0.57 | 1.11 | 0.93 | 0.66 | 0.45 | 0.67 | 0.52 | 0.91 | 0.47 | 0.39 | 0.56 | 0.85 | 2.45 |
| Retained Earnings | (36.31) | (34.64) | (30.46) | (28.62) | (26.51) | (22.61) | (20.89) | (18.94) | (14.58) | (13.02) | (11.74) | (8.43) | (7.02) |
| Total Stockholder Equity | 6.90 | 8.37 | 10.25 | 11.28 | 7.49 | 10.93 | 7.34 | 3.90 | 7.64 | 8.95 | 4.55 | 5.57 | (1.35) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1.01 | 0.77 | 0.96 | 0.67 | 0.58 | 0.45 | 0.69 | 0.25 | 0.31 | 0.38 | 0.62 | 0.22 | 0.17 | 0.14 | 0.07 | 0.15 | 0.20 |
| Cost of Revenue | 0.77 | 0.60 | 0.85 | 0.42 | 0.59 | 0.23 | 0.60 | 0.19 | 0.25 | 0.38 | 0.80 | 0.14 | 0.20 | 0.13 | 0.26 | 0.13 | 0.16 |
| Gross Profit | 0.24 | 0.18 | 0.11 | 0.24 | (0.01) | 0.22 | 0.09 | 0.06 | 0.06 | 0.01 | (0.18) | 0.08 | (0.03) | 0.01 | (0.20) | 0.02 | 0.04 |
| Research & Development | 0.14 | 0.14 | 0.12 | 0.13 | 0.27 | 0.21 | 0.21 | 0.13 | 0.26 | 0.22 | 0.12 | 0.19 | 0.20 | 0.15 | 0.13 | 0.30 | 0.05 |
| Selling, General & Admin | 1.22 | 1.59 | 1.55 | 1.28 | 1.31 | 1.09 | 0.95 | 1.12 | 1.30 | 1.11 | 1.01 | 0.92 | 0.97 | 0.99 | 1.00 | 0.48 | 0.71 |
| Total Operating Expenses | 1.95 | 2.55 | 2.61 | 2.17 | 2.16 | 2.12 | 2.27 | 1.82 | 2.03 | 2.02 | 2.32 | 1.68 | 1.30 | 1.44 | 1.68 | 1.39 | 1.19 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 |
| Pretax Income* | (1.67) | (2.31) | -- | (1.84) | (2.11) | (1.78) | -- | (1.72) | (1.95) | (1.97) | -- | (1.55) | (1.29) | (1.43) | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Net Income | (1.67) | (2.31) | (1.87) | (1.84) | (2.11) | (1.78) | (2.13) | (1.72) | (1.95) | (1.97) | (2.39) | (1.55) | (1.29) | (1.43) | (1.88) | (1.40) | (1.19) |
| Basic EPS | (0.26) | (0.37) | (0.14) | (0.38) | (0.66) | (0.72) | (2.18) | (0.99) | (1.87) | (0.15) | (0.19) | (0.12) | (0.15) | -- | -- | -- | -- |
| Diluted EPS | (0.26) | (0.37) | (0.14) | (0.38) | (0.66) | (0.72) | (2.18) | (0.99) | (1.87) | (0.15) | (0.19) | (0.12) | (0.15) | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.86) | (2.49) | (1.35) | (1.50) | (2.12) | (2.31) | (1.94) | (1.40) | (1.93) | (1.47) | (1.14) | (1.36) | (1.84) | (1.43) | (1.23) | (0.86) | (1.14) |
| Capital Expenditures | -- | -- | 0.02 | 0.01 | 0.00 | 0.04 | 0.03 | 0.00 | 0.00 | 0.03 | (0.03) | 0.07 | 0.01 | 0.03 | 0.03 | 0.05 | 0.04 |
| Free Cash Flow* | -- | -- | (1.37) | (1.51) | (2.12) | (2.35) | (1.97) | (1.40) | (1.93) | (1.50) | (1.11) | (1.43) | (1.85) | (1.46) | (1.26) | (0.91) | (1.18) |
| Investing Cash Flow | (0.03) | (1.05) | 0.82 | (0.01) | (1.27) | 4.94 | (0.06) | (4.99) | (0.02) | (0.10) | 2.01 | (0.09) | (1.98) | (0.14) | (0.06) | (0.06) | (0.10) |
| Financing Cash Flow | (0.03) | 1.40 | 0.34 | 0.58 | 5.76 | -- | 0.09 | 5.03 | 5.20 | (0.08) | (0.49) | 0.00 | 5.73 | 1.42 | (0.09) | 5.86 | 1.19 |
* Derived from reported values