LWLG
Lightwave Logic, Inc.
Price Chart
Latest Quote
$5.19
-0.24 (-4.46%)
Current Price
| Previous Close | $5.43 |
| Open | $5.33 |
| Day High | $5.33 |
| Day Low | $5.08 |
| Volume | 1,696,907 |
Stock Information
| Shares Outstanding | 154.17M |
| Total Debt | $2.50M |
| Cash Equivalents | $95.91M |
| Revenue | $250K |
| Net Income | $-23.56M |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Market Cap | $799.77M |
| EPS (TTM) | $-0.17 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $743.72M |
| Sales | $250K |
| Income | $-23.56M |
| Book/sh | $0.68 |
| Cash/sh | $0.62 |
| Employees | 34 |
Financial Ratios
| Quick Ratio | 61.62 |
| Current Ratio | 62.84 |
| Debt/Eq | 2.40 |
Returns & Margins
| ROA | -22.31% |
| ROE | -35.42% |
| Gross Margin | 98.93% |
| Operating Margin | -22195.17% |
Ownership
| Insider Ownership | 1.23% |
| Institutional Ownership | 37.99% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 3195.88 |
| P/B | 7.67 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $6.66 |
| SMA50 | $6.91 |
| SMA200 | $7.19 |
| RSI | 13.84 |
| ATR | 0.4443 |
| Shares Float | 151.93M |
| Short Float | 14.95% |
| Short Ratio | 7.23 |
| Volatility | 2.45 |
| Rel Volume | 0.63 |
Performance History
| Week | -12.66% |
| Month | -23.93% |
| Quarter | -59.22% |
| 6 Months | -1.19% |
| YTD | +41.74% |
| Year | +54.40% |
| 3 Years | -22.34% |
| 5 Years | -28.74% |
| 10 Years | +641.10% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-09-01 | $5.19 | 1,696,907 |
| 2026-08-31 | $5.43 | 2,867,300 |
| 2026-08-28 | $5.49 | 2,293,900 |
| 2026-08-27 | $5.87 | 1,919,000 |
| 2026-08-26 | $5.83 | 2,288,300 |
| 2026-08-25 | $5.94 | 1,718,200 |
| 2026-08-24 | $5.81 | 1,961,100 |
| 2026-08-21 | $6.19 | 1,776,200 |
| 2026-08-20 | $6.10 | 2,772,700 |
| 2026-08-19 | $6.24 | 3,197,300 |
| 2026-08-18 | $6.64 | 3,680,200 |
| 2026-08-17 | $7.42 | 2,725,900 |
| 2026-08-14 | $7.57 | 2,639,100 |
| 2026-08-13 | $7.29 | 3,288,100 |
| 2026-08-12 | $8.01 | 3,615,700 |
| 2026-08-11 | $7.56 | 3,318,100 |
| 2026-08-10 | $7.61 | 3,369,500 |
| 2026-08-07 | $8.11 | 2,934,300 |
| 2026-08-06 | $7.59 | 2,562,600 |
| 2026-08-05 | $7.27 | 3,059,000 |
| 2026-08-04 | $7.95 | 5,864,000 |
| 2026-08-03 | $6.82 | 2,820,600 |
About Lightwave Logic, Inc.
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
đ° Latest News
Lightwave Logic's (LWLG) Rising Sales But Wider Losses: What Does This Say About Its Path To Scale?
Simply Wall St. âĸ 2026-08-19T03:19:05Z
Lightwave Logic (LWLG) Stock Could Be Pricey Despite Rich Growth Hopes
Simply Wall St. âĸ 2026-08-19T02:11:37Z
Lightwave Logic (LWLG) Reports A Wider Loss, Is The 91% Below Fair Value View Credible?
Simply Wall St. âĸ 2026-08-18T22:11:51Z
Tradr Debuts First-to-Market ETFs on Meta, AXT, Coherent & Lightwave Logic
Stocktwits âĸ 2026-08-18T13:28:01Z
Blaize Holdings, Lightwave Logic, nLight Diverge in Big Price Swings Today
24/7 Wall St. âĸ 2026-08-14T16:00:18Z
Lightwave Logic Inc (LWLG) (Q2 2026) Earnings Call Highlights: Advancing Polymer Photonics with ...
GuruFocus.com âĸ 2026-08-11T21:02:55ZLightwave Logic Q2 Earnings Call Highlights
MarketBeat âĸ 2026-08-11T15:05:24Z
Lightwave Logic, Inc. Q2 2026 Earnings Call Summary
Moby âĸ 2026-08-11T12:30:00Z
Lightwave Logic Appoints Fred Graffam as Chief Financial Officer
InvestorsHub âĸ 2026-07-20T14:58:38Z
AMD Is Up 150% This Year But Here Are 5 Overlooked Stocks Betting on What Comes Next
24/7 Wall St. âĸ 2026-07-01T16:16:53Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $6,823 | $7,395 | $2,513 | $0 |
| Cost Of Revenue | $6,823 | $7,395 | $2,513 | $0 |
| Total Revenue | $236,855 | $95,605 | $40,502 | $0 |
| Operating Revenue | $236,855 | $95,605 | $40,502 | $0 |
| Expenses | ||||
| Total Expenses | $20,998,279 | $23,184,748 | $21,265,767 | $17,139,664 |
| Other Income Expense | $-394,818 | $-372,752 | $-470,313 | $-182,475 |
| Other Non Operating Income Expenses | $-369,666 | $-159,312 | $-685,822 | $-182,475 |
| Net Non Operating Interest Income Expense | $842,445 | $926,854 | $657,546 | $91,659 |
| Operating Expense | $20,991,456 | $23,177,353 | $21,263,254 | $17,139,664 |
| General And Administrative Expense | $9,501,769 | $6,370,805 | $5,359,565 | $4,334,290 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Net Interest Income | $842,445 | $926,854 | $657,546 | $91,659 |
| Interest Income | $842,445 | $926,854 | $657,546 | $91,659 |
| Normalized Income | $-20,288,645 | $-22,321,601 | $-21,253,541 | $-17,230,480 |
| Net Income From Continuing And Discontinued Operation | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Total Operating Income As Reported | $-20,761,424 | $-23,089,143 | $-21,225,265 | $-17,139,664 |
| Net Income Common Stockholders | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Net Income | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Net Income Including Noncontrolling Interests | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Net Income Continuous Operations | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Pretax Income | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Special Income Charges | $-25,152 | $-213,440 | $215,509 | $0 |
| Interest Income Non Operating | $842,445 | $926,854 | $657,546 | $91,659 |
| Operating Income | $-20,761,424 | $-23,089,143 | $-21,225,265 | $-17,139,664 |
| Gross Profit | $230,032 | $88,210 | $37,989 | $0 |
| Per Share | ||||
| Diluted EPS | $-0.16 | $-0.19 | $-0.18 | $-0.15 |
| Basic EPS | $-0.16 | $-0.19 | $-0.18 | $-0.15 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-18,627,550 | $-21,000,456 | $-20,136,798 | $-15,916,264 |
| Total Unusual Items | $-25,152 | $-213,440 | $215,509 | $0 |
| Total Unusual Items Excluding Goodwill | $-25,152 | $-213,440 | $215,509 | $0 |
| Reconciled Depreciation | $2,108,722 | $1,875,247 | $1,303,976 | $1,223,400 |
| EBITDA (Bullshit earnings) | $-18,652,702 | $-21,213,896 | $-19,921,289 | $-15,916,264 |
| EBIT | $-20,761,424 | $-23,089,143 | $-21,225,265 | $-17,139,664 |
| Diluted Average Shares | $128,628,727 | $120,599,885 | $115,467,300 | $111,814,926 |
| Basic Average Shares | $128,628,727 | $120,599,885 | $115,467,300 | $111,814,926 |
| Diluted NI Availto Com Stockholders | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Gain On Sale Of Ppe | $-25,152 | $-213,440 | $215,509 | $0 |
| Research And Development | $11,489,687 | $16,806,548 | $15,903,689 | $12,805,374 |
| Selling General And Administration | $9,501,769 | $6,370,805 | $5,359,565 | $4,334,290 |
| Other Gand A | $9,501,769 | $6,370,805 | $5,359,565 | $4,334,290 |
| Other Special Charges | - | - | - | - |
Fetched: 2026-08-11
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $72,932,410 | $32,068,460 | $35,179,313 | $26,522,688 |
| Total Assets | $79,185,249 | $37,807,983 | $41,783,585 | $29,263,472 |
| Total Non Current Assets | $9,376,041 | $9,692,713 | $9,083,501 | $3,907,856 |
| Goodwill And Other Intangible Assets | $1,713,420 | $1,355,445 | $1,254,501 | $1,030,335 |
| Other Intangible Assets | $1,713,420 | $1,355,445 | $1,254,501 | $1,030,335 |
| Current Assets | $69,809,208 | $28,115,270 | $32,700,084 | $25,355,616 |
| Other Current Assets | $428,164 | $401,741 | $1,213,141 | $537,826 |
| Prepaid Assets | $172,937 | $0 | $20,000 | $59,850 |
| Receivables | $190,753 | $45,565 | $34,856 | $655,789 |
| Accounts Receivable | $190,753 | $45,565 | $30,376 | $0 |
| Cash Cash Equivalents And Short Term Investments | $69,017,354 | $27,667,964 | $31,432,087 | $24,102,151 |
| Cash And Cash Equivalents | $69,017,354 | $27,667,964 | $31,432,087 | $24,102,151 |
| Other Receivables | - | - | $4,480 | - |
| Accrued Interest Receivable | - | - | $0 | $13,669 |
| Loans Receivable | - | - | $0 | $642,120 |
| Debt | ||||
| Total Debt | $2,598,681 | $2,766,971 | $2,911,090 | $358,254 |
| Long Term Debt And Capital Lease Obligation | $2,403,911 | $2,598,682 | $2,766,970 | $168,129 |
| Current Debt And Capital Lease Obligation | $194,770 | $168,289 | $144,120 | $190,125 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $4,539,419 | $4,384,078 | $5,349,771 | $1,710,449 |
| Total Non Current Liabilities Net Minority Interest | $2,403,911 | $2,598,682 | $2,766,970 | $206,426 |
| Current Liabilities | $2,135,508 | $1,785,396 | $2,582,801 | $1,504,023 |
| Current Deferred Liabilities | $6,541 | $23,208 | $78,172 | $41,778 |
| Payables And Accrued Expenses | $1,934,197 | $1,593,899 | $2,360,509 | $1,272,120 |
| Payables | $534,189 | $716,734 | $1,761,079 | $891,840 |
| Accounts Payable | $534,189 | $716,734 | $1,761,079 | $891,840 |
| Non Current Deferred Liabilities | - | - | $0 | $38,297 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $74,645,830 | $33,423,905 | $36,433,814 | $27,553,023 |
| Total Equity Gross Minority Interest | $74,645,830 | $33,423,905 | $36,433,814 | $27,553,023 |
| Stockholders Equity | $74,645,830 | $33,423,905 | $36,433,814 | $27,553,023 |
| Other Equity Interest | $-203,458 | $-656,735 | $-432,293 | $-133,324 |
| Retained Earnings | $-167,312,788 | $-146,998,991 | $-127,871,393 | $-106,833,361 |
| Other | ||||
| Ordinary Shares Number | $146,050,506 | $123,301,653 | $118,137,309 | $112,882,793 |
| Share Issued | $146,050,506 | $123,301,653 | $118,137,309 | $112,882,793 |
| Tangible Book Value | $72,932,410 | $32,068,460 | $35,179,313 | $26,522,688 |
| Invested Capital | $74,645,830 | $33,423,905 | $36,433,814 | $27,553,023 |
| Working Capital | $67,673,700 | $26,329,874 | $30,117,283 | $23,851,593 |
| Capital Lease Obligations | $2,598,681 | $2,766,971 | $2,911,090 | $358,254 |
| Total Capitalization | $74,645,830 | $33,423,905 | $36,433,814 | $27,553,023 |
| Additional Paid In Capital | $242,016,025 | $180,956,329 | $164,619,363 | $134,406,825 |
| Capital Stock | $146,051 | $123,302 | $118,137 | $112,883 |
| Common Stock | $146,051 | $123,302 | $118,137 | $112,883 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $2,403,911 | $2,598,682 | $2,766,970 | $168,129 |
| Current Deferred Revenue | $6,541 | $23,208 | $39,875 | $0 |
| Current Capital Lease Obligation | $194,770 | $168,289 | $144,120 | $190,125 |
| Current Accrued Expenses | $1,400,008 | $877,165 | $599,430 | $380,280 |
| Net PPE | $7,662,621 | $8,337,268 | $7,829,000 | $2,877,521 |
| Accumulated Depreciation | $-7,802,183 | $-6,037,723 | $-4,674,560 | $-4,052,885 |
| Gross PPE | $15,464,804 | $14,374,991 | $12,503,560 | $6,930,406 |
| Leases | $440,855 | $432,400 | $396,111 | $184,843 |
| Other Properties | $12,194,071 | $10,953,487 | $8,937,847 | $6,234,777 |
| Machinery Furniture Equipment | $389,509 | $343,381 | $331,392 | $152,532 |
| Buildings And Improvements | $2,440,369 | $2,645,723 | $2,838,210 | $358,254 |
| Properties | $0 | $0 | $0 | $0 |
| Treasury Shares Number | - | - | $0 | - |
| Pensionand Other Post Retirement Benefit Plans Current | - | - | - | $380,280 |
Fetched: 2026-08-11
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-15,566,388 | $-18,248,414 | $-15,835,935 | $-12,099,303 |
| Operating Activities | ||||
| Operating Cash Flow | $-13,749,186 | $-15,550,515 | $-12,236,024 | $-10,531,701 |
| Cash Flow From Continuing Operating Activities | $-13,749,186 | $-15,550,515 | $-12,236,024 | $-10,531,701 |
| Operating Gains Losses | $25,152 | $213,440 | $-215,509 | $53,219 |
| Investing Activities | ||||
| Capital Expenditure | $-1,817,202 | $-2,697,899 | $-3,599,911 | $-1,567,602 |
| Investing Cash Flow | $-1,817,202 | $-2,697,899 | $-2,957,201 | $-2,209,722 |
| Cash Flow From Continuing Investing Activities | $-1,817,202 | $-2,697,899 | $-2,957,201 | $-2,209,722 |
| Net Other Investing Changes | - | - | $642,120 | $-642,120 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $56,744,995 | $14,146,941 | $21,509,237 | $12,775,268 |
| Financing Cash Flow | $56,915,778 | $14,484,291 | $22,523,161 | $13,410,962 |
| Cash Flow From Continuing Financing Activities | $56,915,778 | $14,484,291 | $22,523,161 | $13,410,962 |
| Net Other Financing Charges | $-184,800 | - | $1,515,878 | $-18,201 |
| Net Common Stock Issuance | $56,744,995 | $14,146,941 | $21,509,237 | $12,775,268 |
| Common Stock Issuance | $56,744,995 | $14,146,941 | $21,509,237 | $12,775,268 |
| Other | ||||
| End Cash Position | $69,017,354 | $27,667,964 | $31,432,087 | $24,102,151 |
| Beginning Cash Position | $27,667,964 | $31,432,087 | $24,102,151 | $23,432,612 |
| Changes In Cash | $41,349,390 | $-3,764,123 | $7,329,936 | $669,539 |
| Proceeds From Stock Option Exercised | $355,583 | $337,350 | $1,013,924 | $653,895 |
| Net Intangibles Purchase And Sale | $-485,429 | $-430,501 | $-307,687 | $-260,415 |
| Purchase Of Intangibles | $-485,429 | $-430,501 | $-307,687 | $-260,415 |
| Net PPE Purchase And Sale | $-1,331,773 | $-2,267,398 | $-3,291,634 | $-1,307,187 |
| Purchase Of PPE | $-1,331,773 | $-2,267,398 | $-3,292,224 | $-1,307,187 |
| Change In Working Capital | $-622,242 | $-145,002 | $317,879 | $-692,890 |
| Change In Other Working Capital | $-16,667 | $-54,964 | $-1,903 | $-41,778 |
| Change In Other Current Liabilities | $-168,289 | $-144,119 | $-150,691 | $-178,192 |
| Change In Payables And Accrued Expense | $-92,738 | $-766,610 | $1,088,389 | $-93,883 |
| Change In Accrued Expense | $89,807 | $277,735 | $219,150 | $-737,800 |
| Change In Payable | $-182,545 | $-1,044,345 | $869,239 | $643,917 |
| Change In Account Payable | $-182,545 | $-1,044,345 | $869,239 | $643,917 |
| Change In Prepaid Assets | $-199,360 | $835,880 | $-587,540 | $-379,037 |
| Change In Receivables | $-145,188 | $-15,189 | $-30,376 | $0 |
| Changes In Account Receivables | $-145,188 | $-15,189 | $-30,376 | $0 |
| Other Non Cash Items | $3,001,775 | $600,838 | $936,275 | $301,422 |
| Stock Based Compensation | $2,051,204 | $4,440,003 | $6,459,387 | $5,813,628 |
| Depreciation Amortization Depletion | $2,108,722 | $1,875,247 | $1,303,976 | $1,223,400 |
| Depreciation And Amortization | $2,108,722 | $1,875,247 | $1,303,976 | $1,223,400 |
| Amortization Cash Flow | $82,284 | $119,283 | $83,521 | $78,213 |
| Amortization Of Intangibles | $82,284 | $119,283 | $83,521 | $78,213 |
| Depreciation | $2,026,438 | $1,755,964 | $1,220,455 | $1,145,187 |
| Gain Loss On Sale Of PPE | $25,152 | $213,440 | $-215,509 | $0 |
| Net Income From Continuing Operations | $-20,313,797 | $-22,535,041 | $-21,038,032 | $-17,230,480 |
| Sale Of PPE | - | $0 | $590 | $0 |
| Gain Loss On Investment Securities | - | - | - | $53,219 |
| Repayment Of Debt | - | - | - | - |
| Net Issuance Payments Of Debt | - | - | - | - |
| Net Long Term Debt Issuance | - | - | - | - |
| Long Term Debt Payments | - | - | - | - |
Fetched: 2026-08-11