Lightwave Logic Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	34.94	27.67	31.43	24.1	23.43	3.31
Cash & Short-Term Investments	34.94	27.67	31.43	24.1	23.43	3.31
Cash Growth	29.98%	-11.97%	30.41%	2.86%	608.66%	47.86%
Accounts Receivable	0.04	0.05	0.03	-	-	-
Other Receivables	-	-	-	0.64	-	-
Total Trade Receivables	0.04	0.05	0.03	0.64	-	-
Other Current Assets	0.48	0.4	1.24	0.61	0.23	0.57
Total Current Assets	35.46	28.12	32.7	25.36	23.66	3.87
Net Property, Plant & Equipment	7.81	8.34	7.83	2.88	2.72	2.58
Other Intangible Assets	1.51	1.36	1.25	1.03	0.85	0.92
Total Assets	44.79	37.81	41.78	29.26	27.23	7.37
Accounts Payable	0.54	0.72	1.76	0.89	0.25	0.22
Accrued Expenses	0.4	0.88	0.6	0.38	1.12	0.08
Short-Term Debt	-	-	-	-	-	0.41
Current Portion of Long-Term Debt	-	-	-	-	-	0.01
Current Portion of Leases	0.19	0.17	0.18	0.23	0.22	0.21
Unearned Revenue	0.01	0.02	0.04	-	-	-
Total Current Liabilities	1.14	1.79	2.58	1.5	1.59	0.93
Long-Term Leases	2.45	2.6	2.77	0.21	0.44	0.66
Total Long-Term Liabilities	2.45	2.6	2.77	0.21	0.44	0.66
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	207.21	180.96	164.62	134.41	114.7	76.65
Accumulated Other Comprehensive Income	-0.27	-0.66	-0.43	-0.13	-	-
Retained Earnings	-165.88	-	-127.87	-106.83	-89.6	-70.97
Shareholders' Equity	41.19	33.42	36.43	27.55	25.2	5.78
Total Liabilities & Equity	44.79	37.81	41.78	29.26	27.23	7.37
Total Debt	2.64	2.77	2.95	0.44	0.66	1.29
Net Cash (Debt)	32.3	24.9	28.48	23.66	22.77	2.02
Net Cash Growth	29.71%	-12.57%	20.36%	3.91%	1029.85%	312.88%
Net Cash Per Share	0.26	0.21	0.25	0.21	0.22	0.02
Book Value	41.19	33.42	36.43	27.55	25.2	5.78
Book Value Per Share	0.33	0.28	0.32	0.25	0.24	0.06
Tangible Book Value	39.68	32.07	35.18	26.52	24.36	4.86
Tangible Book Value Per Share	0.32	0.27	0.30	0.24	0.23	0.05

Updated Nov 14, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q