Reported Earnings • May 17
First quarter 2026 earnings released: US$0.37 loss per share (vs US$0.72 loss in 1Q 2025) First quarter 2026 results: US$0.37 loss per share. Revenue: US$773.6k (up 70% from 1Q 2025). Net loss: US$2.31m (loss widened 30% from 1Q 2025). Revenue is forecast to grow 103% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Medical Equipment industry in the US. Announcement • May 16
Innovative Eyewear, Inc. Announces Real-Time AI Translated Calls For The Lucyd App Innovative Eyewear Inc. was the manufacturer of smart eyewear under the Lucyd, Lucyd Armor, Reebok, Eddie Bauer and Nautica brands, and announced a powerful new update to the Company's Lucyd app for iOS and Android - the ability for users to have automatically translated calls with other Lucyd app users. The Lucyd app was the first to enable voice access to ChatGPT in smart eyewear, and the Company uses the app to deploy useful new features to users of its smartglasses. Last year, the Company introduced the first translation functionality in the app, which enabled verbal translations, "hot-seat" style, with two or more users speaking between 17 languages to a single phone and connected smart glasses. This new feature brings Translate functionality to one on one calls in the Walkie applet, so users can speak freely in their native language on their device, and the other person will hear it translated instantly into their preferred language on their own device. The only requirement is that both users have the free Lucyd app and a web connection, delivering this powerful new functionality not only to our glasses users, but also users of any Bluetooth hearable. The process is smooth and instant, but involves a complex array of AI-assisted processes. First, the spoken language is transcribed and interpreted by the AI; then the speaker's voice itself is nearly muted while the AI verbalizes a translation of the transcript in the original user's own voice pattern to the second person's device. The result is authentic, human-sounding translations – not the robotic verbalizations common with many translation platforms. The initial launch supports English-Spanish bilateral translation, with additional languages planned to launch in the future. The feature was developed directly in response to needs in the construction and logistics industries, where multilingual teams, both on a single site and across job sites, are common. The Lucyd app now facilitates lightning-fast translations between any two people, whether or not they are physically together. Key Features of the Update: English to Spanish and Spanish to English translations made completely effortless, regardless of speaker proximity. "Freemium" model, with a $7.99/month subscription is required for more than 40 minutes of translated calls per day. Facilitates smoother workflows for multilingual teams. Makes the Lucyd app an all-in-one hub for both local and remote translation. Announcement • Apr 18
Innovative Eyewear, Inc. Launches New Reebok Optical Collection Innovative Eyewear Inc. announced the launch of six new styles in its Reebok Powered by Lucyd smart eyewear offering. This is the Company's first new collection designed to accommodate the prescription eyeglass market since the launch of its most recent Lucyd Lyte collection in December 2024. This collection of six frames offers several new features: Automatic power on and off via a new 'smart hinge' design, which automatically turns the glasses on and off when the temples are open and closed, respectively. This intuitive feature enhances convenience while helping preserve battery life. An all-new touch control system using unique touch sensors on the underside of each temple. Unlike most other smartglasses which use frustrating touchpads, the new Reebok collection has slim, unnoticeable yet tactile sensors which enable a host of user actions, such as activating the connected smartphone's voice assistant, adjusting volume, and call management. Rubberized nosepads and earpieces for extra grip, comfort and a sporty edge. Enhanced audio fidelity playback compared to previous optical collections. The new collection weighs approximately 1.2 oz, making the frames 20% lighter than the Lucyd Lyte 2025 collection, a significant improvement for comfortable all-day wear. New slim sizing is available on two of the models, with these frames perfectly sized for narrow-faced adults and young adults. The frames are available now at Lucyd.co. As a result of the Company's frequent trade show appearances in the last year, several retail partners have been secured for the new collection, including SportRx, a provider of prescription sport frames, the Optimedic Group, and SelectSpecs.com. Additionally, they will be available in early May on Kits.ca and Kits.com, one of North America's largest eyewear ecommerce businesses, and the Company's recommended outlet for Canadian customers. 
