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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	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	0.01	-	0.1
Receivables	0.04	0.05	0.03	0.66	-	0.1
Prepaid Expenses	0.48	0.35	1	0.45	0.2	0.17
Other Current Assets	-	0.05	0.23	0.15	0.03	0.3
Total Current Assets	35.46	28.12	32.7	25.36	23.66	3.87
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	0.52	1.45	0.79	0.22	0.17
Accrued Expenses	0.4	1.08	0.91	0.48	1.15	0.13
Current Portion of Leases	0.19	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	1.14	1.79	2.58	1.5	1.59	0.93
Long-Term Leases	2.45	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	207.21	184.36	164.62	134.41	114.7	76.65
Retained Earnings	-165.88	-150.41	-127.87	-106.83	-89.6	-70.97
Comprehensive Income & Other	-0.27	-0.66	-0.43	-0.13	-	-
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	2.91	0.36	0.54	0.7
Net Cash (Debt)	32.3	24.9	28.52	23.74	22.9	2.6
Net Cash Growth	34.15%	-12.69%	20.12%	3.70%	779.56%	89.13%
Net Cash Per Share	0.26	0.21	0.25	0.21	0.22	0.03
Filing Date Shares Outstanding	133.63	124.8	119.18	113.22	110.98	101.76
Total Common Shares Outstanding	132.71	123.3	118.14	112.88	110.56	97.78
Working Capital	34.32	26.33	30.12	23.85	22.08	2.94
Book Value Per Share	0.31	0.27	0.31	0.24	0.23	0.06
Tangible Book Value	39.68	32.07	35.18	26.52	24.36	4.86
Tangible Book Value Per Share	0.30	0.26	0.30	0.23	0.22	0.05
Machinery	-	11.16	9.16	6.39	5.08	4
Leasehold Improvements	-	0.43	0.4	0.18	0.25	0.23

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

SEC Filings: 10-K · 10-Q