Lightwave Logic, Inc. (LWLG)

Lightwave Logic Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	0.04	0	0	0	0
Cost of Revenue	0	0	0	0	0
Gross Profit	0.04	0	0	0	0
Selling, General & Admin	5.36	4.33	4.52	2.01	2
Research & Development	15.9	12.81	12.48	4.59	4.32
Operating Expenses	21.26	17.14	17	6.6	6.32
Operating Income	-21.23	-17.14	-17	-6.6	-6.32
Other Expense / Income	-0.19	0.09	1.63	0.12	0.41
Pretax Income	-21.04	-17.23	-18.63	-6.72	-6.73
Net Income	-21.04	-17.23	-18.63	-6.72	-6.73
Shares Outstanding (Basic)	115	112	105	92	83
Shares Outstanding (Diluted)	115	112	105	92	83
Shares Change	3.27%	6.26%	14.55%	10.28%	9.04%
EPS (Basic)	-0.18	-0.15	-0.18	-0.07	-0.08
EPS (Diluted)	-0.18	-0.15	-0.18	-0.07	-0.08
Free Cash Flow	-15.53	-11.84	-11.4	-5.03	-4.99
Free Cash Flow Per Share	-0.13	-0.11	-0.11	-0.06	-0.06
Gross Margin	93.80%	-	-	-	-
Operating Margin	-52405.47%	-	-	-	-
Profit Margin	-51943.19%	-	-	-	-
Free Cash Flow Margin	-38338.00%	-	-	-	-
EBITDA	-19.73	-16.01	-17.59	-5.93	-6.03
EBITDA Margin	-48723.66%	-	-	-	-
Depreciation & Amortization	1.3	1.22	1.05	0.78	0.7
EBIT	-21.04	-17.23	-18.63	-6.72	-6.73
EBIT Margin	-51943.19%	-	-	-	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).