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Lightwave Logic, Inc. (LWLG)
NASDAQ: LWLG · Real-Time Price · USD
13.20
+0.03 (0.23%)
May 22, 2026, 9:45 AM EDT - Market open

Lightwave Logic Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
0.240.240.10.04--
Revenue Growth (YoY)
175.93%147.74%136.05%---
Cost of Revenue
00.010.010--
Gross Profit
0.240.230.090.04--
Selling, General & Admin
10.249.56.375.364.334.52
Research & Development
11.8711.4916.8115.912.8112.48
Total Operating Expenses
22.1120.9923.1821.2617.1417
Operating Income
-21.88-20.76-23.09-21.23-17.14-17
Interest Income
1.120.840.930.660.090.01
Interest Expense
-0.36-0.37-0.15-0.67-0.21-2.06
Other Non-Operating Income (Expense)
-0.09-0.02-0.220.20.030.41
Total Non-Operating Income (Expense)
0.660.450.550.19-0.09-1.63
Pretax Income
-21.21-20.31-22.54-21.04-17.23-18.63
Net Income
-21.21-20.31-22.54-21.04-17.23-18.63
Net Income to Common
-21.21-20.31-22.54-21.04-17.23-18.63
Shares Outstanding (Basic)
135129121115112105
Shares Outstanding (Diluted)
135129121115112105
Shares Change (YoY)
10.51%6.66%4.45%3.27%6.26%14.55%
EPS (Basic)
-0.16-0.16-0.19-0.18-0.15-0.18
EPS (Diluted)
-0.16-0.16-0.19-0.18-0.15-0.18
Shares Outstanding
150.5146.05123.3118.14112.88110.56
Free Cash Flow
-15.25-15.08-17.82-15.53-11.84-11.4
Free Cash Flow Per Share
-0.11-0.12-0.15-0.13-0.11-0.11
Gross Margin
98.90%97.12%92.27%93.80%--
Operating Margin
-8998.53%-8765.46%-24150.60%-52405.50%--
Profit Margin
-8725.37%-8576.47%-23571.00%-51943.20%--
FCF Margin
-6272.57%-6367.17%-18637.00%-38339.50%--
EBITDA
-19.36-18.1-20.77-19.66-15.82-15.95
EBITDA Margin
-7962.67%-7642.33%-21721.90%-48537.30%--
EBIT
-21.88-20.76-23.09-21.23-17.14-17
EBIT Margin
-8998.53%-8765.46%-24150.60%-52405.50%--
Updated May 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q