LWLG
Lightwave Logic Inc
NASDAQ: LWLG · BASIC MATERIALS · SPECIALTY CHEMICALS
$11.76
+1.73% today
Updated 2026-04-29
Market cap
$1.88B
P/E ratio
—
P/S ratio
7,916.67x
EPS (TTM)
$-0.16
Dividend yield
—
52W range
$1 – $15
Volume
6.6M
Lightwave Logic Inc (LWLG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $3200.00 | — | — | — | $2500.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $27234.00 | $40502.00 | $95605.00 | $236855.00 |
| Revenue growth (YoY) | — | — | — | — | — | -100.0% | — | — | — | -100.0% | — | — | — | — | — | — | — | +48.7% | +136.1% | +147.7% |
| Cost of revenue | — | — | — | — | — | — | — | — | $4.24M | $179907.00 | $195610.00 | $325946.00 | $465795.00 | $698694.00 | $784419.00 | $878520.00 | $1.05M | $2513.00 | $7395.00 | $2.12M |
| Gross profit | — | — | — | — | $3200.00 | — | — | — | $2500.00 | $-179907.00 | $-195610.00 | $-325946.00 | $-465795.00 | $-698694.00 | $-784419.00 | $-878520.00 | $-1.05M | $37989.00 | $88210.00 | $-1.88M |
| Gross margin | — | — | — | — | 100.0% | — | — | — | 100.0% | — | — | — | — | — | — | — | -3837.9% | 93.8% | 92.3% | -793.2% |
| R&D | $1.99M | $1.31M | $2.85M | $1.31M | $1.71M | $1.68M | $2.49M | $2.07M | $2.85M | $2.83M | $2.47M | $3.52M | $3.79M | $3.63M | $4.53M | $12.48M | $12.81M | $15.90M | $16.81M | $11.49M |
| SG&A | — | — | $1.40M | $1.41M | $2.01M | — | $1.94M | $1.63M | $1.55M | $2.02M | $1.66M | $2.00M | $1.81M | $2.00M | $2.07M | $4.52M | $4.33M | $5.36M | $6.37M | $9.50M |
| Operating income | $-2.66M | $-4.23M | $-4.24M | $-2.72M | $-3.71M | $-3.32M | $-4.43M | $-3.70M | $-4.39M | $-4.85M | $-4.14M | $-5.52M | $-5.60M | $-6.32M | $-6.60M | $-17.00M | $-17.14M | $-21.23M | $-23.09M | $-20.76M |
| Operating margin | — | — | — | — | -116027.2% | — | — | — | -175727.4% | — | — | — | — | — | — | — | -62934.8% | -52405.5% | -24150.6% | -8765.5% |
| EBITDA | $-2.39M | $-2.66M | $-4.32M | $-2.70M | $-3.68M | $-3.28M | $-4.35M | $-3.57M | $-4.24M | $-4.67M | $-3.94M | $-5.42M | $-5.31M | $-6.03M | $-6.60M | $-17.75M | $-16.19M | $-19.73M | $-20.66M | $-18.65M |
| EBITDA margin | — | — | — | — | -115084.5% | — | — | — | -169680.0% | — | — | — | — | — | — | — | -59430.4% | -48723.7% | -21609.5% | -7875.2% |
| EBIT | $-2.72M | $-4.23M | $-4.34M | $-2.72M | $-3.71M | $-3.32M | $-4.43M | $-3.70M | $-4.39M | $-4.85M | $-4.14M | $-5.75M | $-5.77M | $-6.73M | $-6.60M | $-18.63M | $-17.23M | $-21.04M | $-22.54M | $-20.76M |
| Interest expense | $4017.00 | $5886.00 | $2911.00 | $1480.00 | $557.00 | $166654.00 | $130922.00 | $212156.00 | $16862.00 | $249.00 | $255.00 | $250.00 | $250.00 | $232.00 | $776.00 | $13826.00 | $91659.00 | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.60M | $-4.22M | $-4.34M | $-2.72M | $-3.71M | $-3.48M | $-4.56M | $-3.91M | $-4.41M | $-4.85M | $-4.41M | $-5.75M | $-5.77M | $-6.73M | $-6.72M | $-18.63M | $-17.23M | $-21.04M | $-22.54M | $-20.31M |
| Net income growth (YoY) | — | -62.7% | -2.8% | +37.3% | -36.4% | +6.2% | -30.8% | +14.1% | -12.7% | -9.9% | +9.0% | -30.5% | -0.4% | -16.5% | +0.2% | -177.4% | +7.5% | -22.1% | -7.1% | +9.9% |
| Profit margin | — | — | — | — | -116038.5% | — | — | — | -176391.9% | — | — | — | — | — | — | — | -63268.3% | -51943.2% | -23571.0% | -8576.5% |