Lucyd (LUCY) investor relations material

Company overview and business model

• Designs, manufactures, and sells smart eyewear integrating audio, voice assistants, and AI features for hands-free digital connectivity, targeting prescription, sunglasses, safety, and sport eyewear markets.

• Product lines include Lucyd Lyte, Lucyd Armor, and cobranded collections with Nautica, Eddie Bauer, and Reebok, offering over 37 models and 100+ lens options.

• Sells through e-commerce and over 400 retail stores, focusing on both U.S. and international expansion.

• Employs a capital-light, multi-channel distribution model, leveraging third-party manufacturing and retail partnerships.

• Holds a portfolio of over 120 patents and applications, with proprietary software including the Lucyd app for AI and voice assistant integration.

Financial performance and metrics

• Recent offerings raised gross proceeds of approximately $1 million (April 2024), $2.5 million (May 2024), $633,495 (September 2024), $762,148 (September 2024), $2.6 million (September 2024), $1.8 million (April 2025), $2.2 million (June 2025), and $2.97 million (July 2026) through direct offerings and warrant exercises.

• As of July 22, 2026, 8,606,272 shares of common stock were outstanding; up to 15,372,945 shares may be outstanding after full warrant exercise.

• Last reported sale price of common stock on July 22, 2026, was $0.68 per share.

Use of proceeds and capital allocation

• Will not receive proceeds from resale of shares by selling stockholders; may receive proceeds from warrant exercises, to be used for general corporate and working capital or other purposes deemed in the best interest of the Board.