Innovative Eyewear, Inc.

NasdaqCM:LUCY Stock Report

Market Cap: US$13.9m

Innovative Eyewear Management

Management criteria checks 2/4

Innovative Eyewear's CEO is Harrison Gross, appointed in Aug 2019, has a tenure of 5.42 years. total yearly compensation is $289.45K, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth $2.84K. The average tenure of the management team and the board of directors is 1 years and 3.4 years respectively.

Key information

Harrison Gross

Chief executive officer

US$289.4k

Total compensation

CEO salary percentage53.2%
CEO tenure5.4yrs
CEO ownership0.02%
Management average tenureless than a year
Board average tenure3.4yrs

Recent management updates

Recent updates

Innovative Eyewear announces smart eyewear licensing agreement with Nautica

Oct 03

CEO Compensation Analysis

How has Harrison Gross's remuneration changed compared to Innovative Eyewear's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$8m

Jun 30 2024n/an/a

-US$8m

Mar 31 2024n/an/a

-US$7m

Dec 31 2023US$289kUS$154k

-US$7m

Sep 30 2023n/an/a

-US$6m

Jun 30 2023n/an/a

-US$6m

Mar 31 2023n/an/a

-US$6m

Dec 31 2022US$115kUS$115k

-US$6m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$5m

Mar 31 2022n/an/a

-US$4m

Dec 31 2021US$2mUS$70k

-US$3m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

-US$1m

Mar 31 2021n/an/a

-US$797k

Dec 31 2020US$293kUS$42k

-US$768k

Dec 31 2019US$112kUS$42k

-US$263k

Compensation vs Market: Harrison's total compensation ($USD289.45K) is below average for companies of similar size in the US market ($USD645.47K).

Compensation vs Earnings: Harrison's compensation has increased whilst the company is unprofitable.

CEO

Harrison Gross (31 yo)

5.4yrs

Tenure

US$289,447

Compensation

Mr. Harrison Reed Gross is Co-founder of Innovative Eyewear, Inc. and has been its Chief Executive Officer and director since August 2019. Prior to his employment at Innovative Eyewear, from August 2017 to...

Leadership Team

NamePositionTenureCompensationOwnership
Harrison Gross
Co-Founder5.4yrsUS$289.45k0.020%
$ 2.8k
Konrad Dabrowski
Co-CFO & Co-Founderless than a yearUS$226.80k0%
$ 0
David Cohen
Co-Founder & CTO5.3yrsUS$225.63k0%
$ 0
Oswald Gayle
Co-Chief Financial Officerless than a yearno datano data
Jaoquin Abondano
Chief Operating Officerless than a yearno datano data

1.0yrs

Average Tenure

41yo

Average Age

Experienced Management: LUCY's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Harrison Gross
Co-Founder5.4yrsUS$289.45k0.020%
$ 2.8k
Louis Castro
Independent Director3.4yrsUS$65.69k0%
$ 0
Kristen Mclaughlin
Independent Director3.4yrsUS$75.39k0%
$ 0
Olivia Bartlett
Independent Director3.4yrsUS$32.89k0%
$ 0

3.4yrs

Average Tenure

58yo

Average Age

Experienced Board: LUCY's board of directors are considered experienced (3.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 05:10
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Innovative Eyewear, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew GalinkoMaxim Group