Lightwave Logic, Inc. (LWLG)

LWLG Balance Sheet

Assets, liabilities, and equity analysis

LWLG Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	76.502M	76.502M	69.809M	35.461M	22.757M	25.552M	28.115M	27.471M	29.965M
Cash & Cash Equivalents	75.103M	75.103M	69.017M	34.942M	22.107M	25.045M	27.668M	26.882M	29.196M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	75.103M	75.103M	69.017M	34.942M	22.107M	25.045M	27.668M	26.882M	29.196M
Accounts Receivable	216K	216K	191K	36K	11K	19K	46K	27K	8K
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	85.913M	85.913M	81.670M	44.787M	32.436M	35.640M	37.808M	37.236M	39.799M
Property, Plant & Equipment	7.582M	7.582M	7.663M	7.813M	8.269M	8.712M	8.337M	8.470M	8.555M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	1.829M	1.829M	1.713M	1.514M	1.410M	1.375M	1.355M	1.295M	1.279M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	2.251M	2.251M	2.136M	1.142M	1.098M	1.538M	1.785M	1.122M	1.492M
Accounts Payable	780K	780K	534K	388K	468K	529K	516K	450K	918K
Short-Term Debt	202K	202K	195K	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	4.601M	4.601M	7.024M	3.596M	3.602M	4.090M	4.384M	3.765M	4.177M
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	2.552M	2.552M	2.599M	2.642M	2.685M	2.727M	2.767M	2.804M	2.841M
Net Debt (Cash)	-72.551M	-72.551M	-66.419M	-32.300M	-19.422M	-22.318M	-24.901M	-24.078M	-26.355M
Total Shareholders' Equity	81.312M	81.312M	74.646M	41.191M	28.834M	31.550M	33.424M	33.472M	35.622M
Common Stock	151K	151K	146K	133K	126K	125K	123K	121K	121K
Retained Earnings	-173.613M	-173.613M	-167.313M	-165.876M	-160.776M	-155.103M	-150.406M	-144.872M	-139.571M
Current Ratio	33.99	33.99	32.69	31.06	20.72	16.62	15.75	24.48	20.08
Debt to Equity Ratio	0.03	0.03	0.03	0.06	0.09	0.09	0.08	0.08	0.08

LWLG Annual Balance Sheet (USD)

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
Total Current Assets	69.809M	28.115M	32.700M	25.356M	23.665M	3.874M	2.609M	2.512M
Cash & Cash Equivalents	69.017M	27.668M	31.432M	24.102M	23.433M	3.307M	2.236M	2.175M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	69.017M	27.668M	31.432M	24.102M	23.433M	3.307M	2.236M	2.175M
Accounts Receivable	191K	46K	35K	656K	0.00	0.00	0.00	-226K
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	1K	46K
Total Assets	81.670M	37.808M	41.784M	29.263M	27.229M	7.367M	6.825M	5.251M
Property, Plant & Equipment	7.663M	8.337M	7.829M	2.878M	2.716M	2.577M	3.276M	1.801M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	1.713M	1.355M	1.255M	1.030M	848K	916K	939K	938K
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	2.136M	1.785M	2.583M	1.504M	1.586M	933K	998K	344K
Accounts Payable	534K	516K	1.448M	892K	216K	169K	88K	151K
Short-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	7.024M	4.384M	5.350M	1.710M	2.024M	1.591M	1.917M	344K
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	2.599M	2.767M	2.911M	358K	536K	703K	860K	0.00
Net Debt (Cash)	-66.419M	-24.901M	-28.521M	-23.744M	-22.896M	-2.603M	-1.376M	-2.175M
Total Shareholders' Equity	74.646M	33.424M	36.434M	27.553M	25.204M	5.775M	4.908M	4.907M
Common Stock	146K	123K	118K	113K	111K	98K	87K	79K
Retained Earnings	-167.313M	-150.406M	-127.871M	-106.833M	-89.603M	-70.972M	-64.256M	-57.529M
Current Ratio	32.69	15.75	12.66	16.86	14.92	4.15	2.62	7.30
Debt to Equity Ratio	0.03	0.08	0.08	0.01	0.02	0.12	0.18	0.00

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

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

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

33 employees

lightwavelogic.com

Technology / Chemicals - Specialty

Sector: Technology
Industry: Chemicals - Specialty
CEO: Yves LeMaitre

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