LWLG
Income statement / Annual
Last year (2025), Lightwave Logic Inc's total revenue was $236.86 K,
an increase of 147.74% from the previous year.
In 2025, Lightwave Logic Inc's net income was -$20.31 M.
See Lightwave Logic Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
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 |
| Operating Revenue |
$236.86 K |
$95.61 K |
$40.50 K |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Cost of Revenue |
$2.12 M
|
$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
|
| Gross Profit |
-$1.88 M
|
$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
|
| Gross Profit Ratio |
-7.93
|
0.92
|
0.94
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| Research and Development Expenses |
$11.49 M
|
$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
|
| General & Administrative Expenses |
$0.00
|
$6.37 M
|
$5.36 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.81 M
|
$2.00 M
|
$1.66 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 |
$7.39 M
|
$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
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$172.19 K
|
-$226.09 K
|
-$271.89 K
|
| Operating Expenses |
$18.88 M
|
$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
|
| Cost And Expenses |
$21.00 M
|
$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
|
| Interest Income |
$842.45 K
|
$926.85 K
|
$657.55 K
|
$91.66 K
|
$13.83 K
|
$776.00
|
$232.00
|
$250.00
|
$250.00
|
$255.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$91.66 K
|
$0.00
|
$0.00
|
$0.00
|
$250.00
|
$250.00
|
$255.00
|
| Depreciation & Amortization |
$2.11 M
|
$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
|
| EBITDA |
-$18.65 M |
-$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 |
| EBITDA Ratio |
-78.75
|
-216.1
|
-487.24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| Operating Income Ratio |
-87.65
|
-241.51
|
-524.05
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| Total Other Income/Expenses Net |
$447.63 K
|
$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
|
| Income Before Tax |
-$20.31 M
|
-$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
|
| Income Before Tax Ratio |
-85.76
|
-235.71
|
-519.43
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$250.00
|
-$255.00
|
| Net Income |
-$20.31 M
|
-$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
|
| Net Income Ratio |
-85.76
|
-235.71
|
-519.43
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| EPS |
-0.16 |
-0.19 |
-0.18 |
-0.15 |
-0.17 |
-0.0731 |
-0.0808 |
-0.0756 |
-0.0811 |
-0.0666 |
| EPS Diluted |
-0.16 |
-0.19 |
-0.18 |
-0.15 |
-0.17 |
-0.0731 |
-0.0808 |
-0.0756 |
-0.0811 |
-0.0666 |
| Weighted Average Shares Out |
$128.63 M
|
$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
|
| Weighted Average Shares Out Diluted |
$128.63 M
|
$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
|
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