Like New. Image 1 shows slight ring on left side but it's just the photo. Low-profile AFO Hyperlight Cap provides optimal performance and a nearly weightless feel. With a pliable foam brim and minimal bungee strap, this hat is built to be scrunched up, stuffed into pockets, and tossed into bags. Fast dry time, high breathability + excellent sweat wicking for cool comfort The pliable foam brim can be securely flipped up when not needing to shield from the sun Janji signature reflective logo on back + reflective bungee cord adds visibility in low light