Lightwave Logic (LWLG) Financials: History & Chart

Lightwave Logic, Inc. (LWLG)LWLGLightwave Logic, Inc.

About Lightwave Logic, Inc.

Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Englewood, CO

34 employees

www.lightwavelogic.com

Basic Materials / Chemicals - Specialty

Sector: Basic Materials
Industry: Chemicals - Specialty
CEO: Yves LeMaitre

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	243K	29K	159K	29K	26K	23K	23K	23K	19K
Cost of Goods Sold	1.62M	551K	523K	543K	3K	2K	984.00	1K	0.00
Gross Profit	-1.38M	-522K	-364K	-514K	22K	21K	22K	22K	19K
Gross Profit Margin	-566.7%	-1790.1%	-228.4%	-1762.7%	86.5%	91.2%	95.7%	94.6%	100.0%
Total Operating Expenses	21.20M	6.20M	4.71M	4.67M	5.63M	4.93M	5.72M	5.32M	6.26M
Research & Development	11.89M	3.49M	2.84M	2.92M	2.64M	3.09M	4.00M	3.83M	4.36M
Selling, General & Administrative	9.86M	3.26M	1.87M	1.75M	2.99M	1.84M	1.73M	1.57M	2.10M
Operating Income (EBIT)	-22.58M	-6.73M	-5.07M	-5.18M	-5.61M	-4.91M	-5.70M	-5.30M	-6.24M
Operating Margin	-9288.7%	-23058.0%	-3186.1%	-17757.5%	-21892.9%	-21405.0%	-24879.3%	-23115.3%	-32237.5%
Income Before Tax (EBT)	-21.92M	-6.30M	-4.84M	-5.10M	-5.67M	-4.70M	-5.53M	-5.30M	-6.02M
Interest Income	1.12M	461K	293K	193K	168K	188K	199K	222K	252K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	664K	425K	227K	79K	-66K	208K	167K	-4K	220K
Net Income	-21.92M	-6.30M	-4.84M	-5.10M	-5.67M	-4.70M	-5.53M	-5.30M	-6.02M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	-9015.6%	-21601.6%	-3043.4%	-17488.0%	-22152.4%	-20495.8%	-24150.3%	-23131.9%	-31101.4%
EBITDA	-20.43M	-6.18M	-4.55M	-4.64M	-5.07M	-4.40M	-5.21M	-4.86M	-5.82M
EBITDA Margin	-8402.8%	-21172.5%	-2858.5%	-15894.7%	-19787.8%	-19201.4%	-22735.2%	-21213.1%	-30076.7%
Depreciation & Amortization	2.15M	550K	521K	543K	539K	505K	491K	436K	418K
EPS Basic	-0.16	-0.04	-0.04	-0.04	-0.05	-0.04	-0.05	-0.04	-0.05
EPS Diluted	-0.16	-0.04	-0.04	-0.04	-0.05	-0.04	-0.05	-0.04	-0.05
Shares Outstanding	148.09M	148.09M	136.66M	129.64M	125.27M	123.93M	122.46M	120.90M	120.18M
Diluted Shares Outstanding	148.09M	148.09M	136.66M	129.64M	125.27M	123.93M	122.46M	120.90M	120.18M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	237K	96K	41K	0.00	0.00	0.00	0.00	0.00
Cost of Goods Sold	2.12M	7K	3K	1.05M	879K	784K	699K	466K
Gross Profit	-1.88M	88K	38K	-1.05M	-879K	-784K	-699K	-466K
Gross Profit Margin	-793.2%	92.3%	93.8%	N/A	N/A	N/A	N/A	N/A
Total Operating Expenses	18.88M	23.18M	21.26M	16.09M	16.12M	5.82M	5.62M	5.60M
Research & Development	11.49M	16.81M	15.90M	12.81M	12.48M	3.76M	3.63M	3.79M
Selling, General & Administrative	7.39M	6.37M	5.36M	3.29M	3.64M	2.06M	1.99M	1.81M
Operating Income (EBIT)	-20.76M	-23.09M	-21.23M	-17.14M	-17.00M	-6.60M	-6.32M	-5.60M
Operating Margin	-8765.5%	-24150.6%	-52405.5%	N/A	N/A	N/A	N/A	N/A
Income Before Tax (EBT)	-20.31M	-22.54M	-21.04M	-17.23M	-18.63M	-6.72M	-6.73M	-5.77M
Interest Income	842K	927K	658K	92K	14K	776.00	232.00	250.00
Interest Expense	N/A	N/A	N/A	92K	N/A	N/A	N/A	250.00
Other Income/Expense	448K	554K	187K	-91K	-1.63M	-116K	-408K	-172K
Net Income	-20.31M	-22.54M	-21.04M	-17.23M	-18.63M	-6.72M	-6.73M	-5.77M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	-8576.5%	-23571.0%	-51943.2%	N/A	N/A	N/A	N/A	N/A
EBITDA	-18.65M	-21.21M	-19.92M	-16.09M	-16.12M	-5.82M	-5.62M	-5.14M
EBITDA Margin	-7875.2%	-22189.1%	-49185.9%	N/A	N/A	N/A	N/A	N/A
Depreciation & Amortization	2.11M	1.88M	1.30M	1.05M	879K	784K	699K	466K
EPS Basic	-0.16	-0.19	-0.18	-0.15	-0.17	-0.07	-0.08	-0.08
EPS Diluted	-0.16	-0.19	-0.18	-0.15	-0.17	-0.07	-0.08	-0.08
Shares Outstanding	128.63M	120.90M	115.47M	111.81M	105.22M	91.86M	83.30M	76.40M
Diluted Shares Outstanding	128.63M	120.90M	115.47M	111.81M	105.22M	91.86M	83.30M	76.40M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.