Lightwave Logic, Inc. (LWLG) Financials

$4.70

north_east
$0.37 (8.55%)
Day's range
$4.36
Day's range
$5

LWLG Income statement / Annual

Last year (2024), Lightwave Logic, Inc.'s total revenue was $95.61 K, an increase of 136.05% from the previous year. In 2024, Lightwave Logic, Inc.'s net income was -$22.54 M. See Lightwave Logic, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $95.61 K $40.50 K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost of Revenue $7.40 K $2.51 K $1.05 M $878.52 K $784.42 K $698.69 K $465.80 K $325.95 K $195.61 K $179.91 K
Gross Profit $88.21 K $37.99 K -$1.05 M -$878.52 K -$784.42 K -$698.69 K -$465.80 K -$325.95 K -$195.61 K -$179.91 K
Gross Profit Ratio 0.92 0.94 0 0 0 0 0 0 0 0
Research and Development Expenses $16.81 M $15.90 M $12.81 M $12.48 M $3.76 M $3.63 M $3.79 M $3.52 M $2.47 M $2.83 M
General & Administrative Expenses $6.37 M $5.36 M $0.00 $0.00 $0.00 $0.00 $1.81 M $2.00 M $1.66 M $2.02 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $6.37 M $5.36 M $3.29 M $3.64 M $2.06 M $1.99 M $1.81 M $2.00 M $1.66 M $2.02 M
Other Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$172.19 K -$226.09 K -$271.89 K $0.00
Operating Expenses $23.18 M $21.26 M $16.09 M $16.12 M $5.82 M $5.62 M $5.60 M $5.52 M $4.14 M $4.85 M
Cost And Expenses $23.18 M $21.27 M $17.14 M $17.00 M $6.60 M $6.32 M $5.60 M $5.52 M $4.14 M $4.85 M
Interest Income $926.85 K $657.55 K $91.66 K $13.83 K $776.00 $232.00 $250.00 $250.00 $255.00 $249.00
Interest Expense $0.00 $0.00 $91.66 K $0.00 $0.00 $0.00 $250.00 $250.00 $255.00 $249.00
Depreciation & Amortization $1.88 M $1.30 M $1.05 M $878.52 K $784.42 K $698.69 K $465.80 K $325.95 K $195.61 K $179.91 K
EBITDA -$20.66 M -$19.73 M -$16.19 M -$17.75 M -$5.93 M -$6.03 M -$5.31 M -$5.42 M -$3.94 M -$4.67 M
EBITDA Ratio -216.1 -487.24 0 0 0 0 0 0 0 0
Operating Income Ratio -241.51 -524.05 0 0 0 0 0 0 0 0
Total Other Income/Expenses Net $554.10 K $187.23 K -$90.82 K -$1.63 M -$115.59 K -$407.56 K -$171.94 K -$225.84 K -$271.63 K $249.00
Income Before Tax -$22.54 M -$21.04 M -$17.23 M -$18.63 M -$6.72 M -$6.73 M -$5.77 M -$5.75 M -$4.41 M -$4.85 M
Income Before Tax Ratio -235.71 -519.43 0 0 0 0 0 0 0 0
Income Tax Expense $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$250.00 -$255.00 $0.00
Net Income -$22.54 M -$21.04 M -$17.23 M -$18.63 M -$6.72 M -$6.73 M -$5.77 M -$5.75 M -$4.41 M -$4.85 M
Net Income Ratio -235.71 -519.43 0 0 0 0 0 0 0 0
EPS -0.19 -0.18 -0.15 -0.17 -0.0731 -0.0808 -0.0756 -0.0811 -0.0666 -0.0803
EPS Diluted -0.19 -0.18 -0.15 -0.17 -0.0731 -0.0808 -0.0756 -0.0811 -0.0666 -0.0803
Weighted Average Shares Out $120.90 M $115.47 M $111.81 M $105.22 M $91.86 M $83.30 M $76.40 M $70.88 M $66.20 M $60.33 M
Weighted Average Shares Out Diluted $120.90 M $115.47 M $111.81 M $105.22 M $91.86 M $83.30 M $76.40 M $70.88 M $66.20 M $60.33 M
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