Stocktoria
Lightwave Logic, Inc. LWLG
Nasdaq · XNAS · stock · Miscellaneous Plastics Products · website · IPO 2003-02-13
Lightwave Logic, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $236,855 | $95,605 | $40,502 | — | — |
| Gross profit | — | $88,210 | $37,989 | — | — |
| R&D expense | $11.5M | $16.8M | $15.9M | $12.8M | $12.5M |
| Operating income | -$20.8M | -$23.1M | -$21.2M | -$17.1M | -$17.0M |
| Interest expense | — | — | $673,578 | $209,709 | $2.1M |
| Net income | -$20.3M | -$22.5M | -$21.0M | -$17.2M | -$18.6M |
| EPS (diluted) | $-0.16 | $-0.19 | $-0.18 | $-0.15 | $-0.18 |
| Operating cash flow | -$13.7M | -$15.6M | -$12.2M | -$10.5M | -$10.3M |
| Free cash flow | -$15.1M | -$17.8M | -$15.5M | -$11.8M | -$11.4M |
| Cash & equivalents | $69.0M | $27.7M | $31.4M | $24.1M | $23.4M |
| Total assets | $79.2M | $37.8M | $41.8M | $29.3M | $27.2M |
| Total liabilities | $4.5M | $4.4M | $5.3M | $1.7M | $2.0M |
| Shareholders' equity | $74.6M | $33.4M | $36.4M | $27.6M | $25.2M |
Source: SEC EDGAR filings · CIK 0001325964 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.