Lightwave Logic, Inc. (LWLG)

Lightwave Logic Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	22.11	27.67	31.43	24.1	23.43	3.31
Cash & Short-Term Investments	22.11	27.67	31.43	24.1	23.43	3.31
Cash Growth	-24.28%	-11.97%	30.41%	2.86%	608.66%	47.86%
Accounts Receivable	0.01	0.05	0.03	-	-	-
Other Receivables	-	-	0	0.01	-	0.1
Receivables	0.01	0.05	0.03	0.66	-	0.1
Prepaid Expenses	0.63	0.35	1	0.45	0.2	0.17
Other Current Assets	0.01	0.05	0.23	0.15	0.03	0.3
Total Current Assets	22.76	28.12	32.7	25.36	23.66	3.87
Property, Plant & Equipment	8.27	8.34	7.83	2.88	2.72	2.58
Other Intangible Assets	1.41	1.36	1.25	1.03	0.85	0.92
Total Assets	32.44	37.81	41.78	29.26	27.23	7.37
Accounts Payable	0.32	0.52	1.45	0.79	0.22	0.17
Accrued Expenses	0.58	1.08	0.91	0.48	1.15	0.13
Current Portion of Leases	0.18	0.17	0.14	0.19	0.18	0.17
Current Unearned Revenue	0.01	0.02	0.04	-	-	-
Other Current Liabilities	-	-	0.04	0.04	0.04	0.47
Total Current Liabilities	1.1	1.79	2.58	1.5	1.59	0.93
Long-Term Leases	2.5	2.6	2.77	0.17	0.36	0.54
Other Long-Term Liabilities	-	-	-	0.04	0.08	0.12
Total Liabilities	3.6	4.38	5.35	1.71	2.02	1.59
Common Stock	0.13	0.12	0.12	0.11	0.11	0.1
Additional Paid-In Capital	189.84	184.36	164.62	134.41	114.7	76.65
Retained Earnings	-160.78	-150.41	-127.87	-106.83	-89.6	-70.97
Comprehensive Income & Other	-0.35	-0.66	-0.43	-0.13	-	-
Shareholders' Equity	28.83	33.42	36.43	27.55	25.2	5.78
Total Liabilities & Equity	32.44	37.81	41.78	29.26	27.23	7.37
Total Debt	2.69	2.77	2.91	0.36	0.54	0.7
Net Cash (Debt)	19.42	24.9	28.52	23.74	22.9	2.6
Net Cash Growth	-26.31%	-12.69%	20.12%	3.70%	779.56%	89.13%
Net Cash Per Share	0.16	0.21	0.25	0.21	0.22	0.03
Filing Date Shares Outstanding	129.44	124.8	119.18	113.22	110.98	101.76
Total Common Shares Outstanding	126.47	123.3	118.14	112.88	110.56	97.78
Working Capital	21.66	26.33	30.12	23.85	22.08	2.94
Book Value Per Share	0.23	0.27	0.31	0.24	0.23	0.06
Tangible Book Value	27.42	32.07	35.18	26.52	24.36	4.86
Tangible Book Value Per Share	0.22	0.26	0.30	0.23	0.22	0.05
Machinery	12.05	11.16	9.16	6.39	5.08	4
Leasehold Improvements	0.44	0.43	0.4	0.18	0.25	0.23

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q