Lightwave Logic, Inc. (LWLG)
NASDAQ: LWLG · Real-Time Price · USD
11.56
-0.89 (-7.15%)
At close: Apr 28, 2026, 4:00 PM EDT
11.53
-0.03 (-0.26%)
After-hours: Apr 28, 2026, 7:57 PM EDT
Lightwave Logic Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 0.24 | 0.1 | 0.04 | - | - | |
| Revenue Growth (YoY) | 147.74% | 136.05% | - | - | - | |
| Cost of Revenue | 0.01 | 0.01 | 0 | - | - | |
| Gross Profit | 0.23 | 0.09 | 0.04 | - | - | |
| Selling, General & Admin | 9.87 | 6.88 | 5.69 | 4.47 | 4.65 | |
| Research & Development | 11.12 | 16.29 | 15.57 | 12.67 | 12.34 | |
| Operating Expenses | 21.36 | 23.33 | 21.94 | 17.35 | 19.06 | |
| Operating Income | -21.13 | -23.24 | -21.9 | -17.35 | -19.06 | |
| Interest & Investment Income | 0.84 | 0.93 | 0.66 | 0.09 | 0.01 | |
| Other Non Operating Income (Expenses) | 0 | -0.01 | -0.01 | 0.03 | - | |
| EBT Excluding Unusual Items | -20.29 | -22.32 | -21.25 | -17.23 | -19.04 | |
| Gain (Loss) on Sale of Assets | -0.03 | -0.21 | 0.22 | - | - | |
| Other Unusual Items | - | - | - | - | 0.41 | |
| Pretax Income | -20.31 | -22.54 | -21.04 | -17.23 | -18.63 | |
| Net Income | -20.31 | -22.54 | -21.04 | -17.23 | -18.63 | |
| Net Income to Common | -20.31 | -22.54 | -21.04 | -17.23 | -18.63 | |
| Shares Outstanding (Basic) | 129 | 121 | 115 | 112 | 105 | |
| Shares Outstanding (Diluted) | 129 | 121 | 115 | 112 | 105 | |
| Shares Change (YoY) | 6.66% | 4.45% | 3.27% | 6.26% | 14.55% | |
| EPS (Basic) | -0.16 | -0.19 | -0.18 | -0.15 | -0.18 | |
| EPS (Diluted) | -0.16 | -0.19 | -0.18 | -0.15 | -0.18 | |
| Free Cash Flow | -15.08 | -17.82 | -15.53 | -11.84 | -11.4 | |
| Free Cash Flow Per Share | -0.12 | -0.15 | -0.13 | -0.11 | -0.11 | |
| Gross Margin | 97.12% | 92.27% | 93.80% | - | - | |
| Operating Margin | -8921.80% | -24311.86% | -54068.55% | - | - | |
| Profit Margin | -8576.47% | -23570.99% | -51943.19% | - | - | |
| Free Cash Flow Margin | -6367.17% | -18637.01% | -38339.46% | - | - | |
| EBITDA | -19.23 | -21.56 | -20.78 | -16.3 | -18.18 | |
| D&A For EBITDA | 1.9 | 1.68 | 1.12 | 1.05 | 0.88 | |
| EBIT | -21.13 | -23.24 | -21.9 | -17.35 | -19.06 | |
Source: S&P Capital IQ. Standard template.
Financial Sources.