Lucyd, Inc is a consumer electronics and healthcare-adjacent eyewear company focused on integrating technology into everyday eyewear. Based in North Miami, Florida, the company was founded in 2019 and operates in the Medical—Instruments & Supplies category, reflecting the health-utility aspect of its optical products and wearable features. From a product ...Lucyd, Inc is a consumer electronics and healthcare-adjacent eyewear company focused on integrating technology into everyday eyewear. Based in North Miami, Florida, the company was founded in 2019 and operates in the Medical—Instruments & Supplies category, reflecting the health-utility aspect of its optical products and wearable features.
From a product standpoint, Lucyd’s core offering is smart eyewear: optical-quality frames that aim to deliver open-ear audio and hands-free communication and assistance. The company’s smart frames are designed to support listening to music, enabling users to take and make calls, and using voice assistants and ChatGPT-like interactions to perform smartphone tasks without holding a phone. To support these capabilities, Lucyd also provides a companion Lucyd app that supports ongoing interactions and includes tech support, positioning the company as both a hardware and software-enabled brand.
Lucyd’s commercialization strategy combines direct-to-consumer e-commerce with distribution through a network of retail resellers. In addition to smart frames, the company sells conventional eyewear categories such as prescription eyeglasses and ready-to-wear sunglasses, as well as functional lines including safety glasses and sport glasses. Lucyd leverages multiple brand names across its catalog (e.g., Lucyd Lyte, Lucyd Armor, and licensed/partner brands such as Nautica, Eddie Bauer, and Reebok), which can broaden addressable demand beyond early adopters of smart eyewear.
On costs and BOM (bill of materials), while specific component-level disclosures are not provided in the supplied information, smart eyewear typically requires integrated audio components (e.g., speaker elements), microphones, wireless connectivity, control electronics, and power management in addition to optical frame manufacturing. Lucyd’s manufacturing and product assembly therefore likely involve both eyewear supply-chain elements and wearable-electronics supply-chain elements. The company also uses software (mobile app) as a recurring part of the value proposition, which can reduce reliance on purely hardware-based differentiators over time.
Financially, the provided dataset indicates it is an actively trading public company listed on NASDAQ and includes valuation and profitability metrics (with negative margins and cash-flow measures on a trailing-twelve-month basis in the snapshot). These data points are consistent with early-stage consumer hardware businesses where R&D and go-to-market spending can outweigh revenue in the near term.
Key people highlighted by the provided information include CEO and cofounder Harrison Reed Gross, associated with product and app development and patent work in wearable technology. Looking ahead, Lucyd’s stated mission emphasizes building next-generation glasses and an eyewear e-commerce experience to enhance users’ visual and everyday productivity needs, with continued expansion of both smart and traditional eyewear offerings.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$2.7M
+62.6%
+30.6%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-7.6M
+2.3%
+27.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+21.3%
+62.1%
+5.8%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-319.2%
+34.1%
+45.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-285.2%
+39.9%
+44.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-7.5M
-7.4%
+29.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-282.7%
+34.0%
+45.7%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.0%
—
+13.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
9.03x
-27.9%
+50.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
