Lightwave Logic, Inc. financial data

Symbol
LWLG on Nasdaq
Industry
Miscellaneous Plastics Products
Location
369 Inverness Parkway, Suite 350, Englewood, CO
State of incorporation
NV
Fiscal year end
December 31
Former names
THIRD-ORDER NANOTECHNOLOGIES INC (to 2/19/2008), THIRD-ORDER NANOTECHNOLOIES INC (to 2/12/2007), PSI TEC HOLDINGS INC (to 9/8/2006)
Latest financial report
10-K - Q4 2024 - Mar 18, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.9K % -20.7%
Debt-to-equity 12.1 % +21.2%
Return On Equity -64.5 % -6.15%
Return On Assets -57.6 % -4.16%
Operating Margin -24.2K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 125M shares +4.71%
Common Stock, Shares, Outstanding 123M shares +4.37%
Entity Public Float 359M USD -55.5%
Common Stock, Value, Issued 123K USD +4.37%
Weighted Average Number of Shares Outstanding, Basic 121M shares +4.45%
Weighted Average Number of Shares Outstanding, Diluted 121M shares +4.45%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 95.6K USD
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD
Research and Development Expense 16.8M USD +5.68%
General and Administrative Expense 6.37M USD +18.9%
Costs and Expenses 23.2M USD +9.02%
Operating Income (Loss) -23.1M USD -8.78%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -22.5M USD -7.12%
Earnings Per Share, Basic -0.19 USD/shares -5.56%
Earnings Per Share, Diluted -0.19 USD/shares -5.56%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 27.7M USD -12%
Accounts Receivable, after Allowance for Credit Loss, Current 45.6K USD +50%
Assets, Current 28.1M USD -14%
Property, Plant and Equipment, Net 5.69M USD +14%
Operating Lease, Right-of-Use Asset 2.65M USD -6.78%
Assets 37.8M USD -9.52%
Accounts Payable, Current 516K USD -64.4%
Contract with Customer, Liability, Current 23.2K USD -41.8%
Liabilities, Current 1.79M USD -30.9%
Operating Lease, Liability, Noncurrent 2.6M USD -6.08%
Liabilities 4.38M USD -18.1%
Retained Earnings (Accumulated Deficit) -150M USD -17.6%
Stockholders' Equity Attributable to Parent 33.4M USD -8.26%
Liabilities and Equity 37.8M USD -9.52%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.77M USD -27.3%
Net Cash Provided by (Used in) Financing Activities 5.68M USD +2.76%
Net Cash Provided by (Used in) Investing Activities -828K USD -386%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 123M shares +4.37%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 27.7M USD -12%
Deferred Tax Assets, Valuation Allowance 37M USD +12.9%
Operating Lease, Liability 2.77M USD -4.95%
Depreciation 1.56M USD +51%
Payments to Acquire Property, Plant, and Equipment 775K USD +215%
Lessee, Operating Lease, Liability, to be Paid 3.98M USD -8.64%
Property, Plant and Equipment, Gross 11.7M USD +21.4%
Operating Lease, Liability, Current 168K USD +16.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 399K USD +2.98%
Lessee, Operating Lease, Liability, to be Paid, Year One 388K USD +3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.21M USD -16.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 411K USD +3%
Deferred Tax Assets, Operating Loss Carryforwards 29.7M USD +2.48%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 424K USD +3.03%
Additional Paid in Capital 184M USD +12%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 119K USD +42.8%
Share-based Payment Arrangement, Expense 691K USD -63.1%
Interest Expense 674K USD +221%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%