Lightwave Logic, Inc. (LWLG) Research & Development Expenses
The r&d expense for Lightwave Logic, Inc. (LWLG) is $11.49 Million with a year-over-year change of -31.64%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
LWLG R&D Expense Chart
Reported annual fiscal-period values; no daily interpolation.
Current R&D Expense
$11.49M
$11.49 Million
Year-over-Year Change
-31.64%
vs. $16.81M prior year
Historical Data
21
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $11.49M | $-5.32M | -31.64% |
| 2024 | $16.81M | +$902,859 | +5.68% |
| 2023 | $15.90M | +$3.10M | +24.20% |
| 2022 | $12.81M | +$329,334 | +2.64% |
| 2021 | $12.48M | +$8.72M | +232.14% |
| 2020 | $3.76M | +$123,998 | +3.41% |
| 2019 | $3.63M | $-162,350 | -4.28% |
| 2018 | $3.79M | +$275,436 | +7.83% |
| 2017 | $3.52M | +$1.04M | +42.20% |
| 2016 | $2.47M | $-350,410 | -12.40% |
| 2015 | $2.83M | $-24,521 | -0.86% |
| 2014 | $2.85M | +$781,570 | +37.79% |
| 2013 | $2.07M | $-421,697 | -16.94% |
| 2012 | $2.49M | +$807,190 | +47.97% |
| 2011 | $1.68M | $-26,614 | -1.56% |
| 2010 | $1.71M | +$402,529 | +30.81% |
| 2009 | $1.31M | $-1.54M | -54.09% |
| 2008 | $2.85M | +$1.54M | +118.03% |
| 2007 | $1.31M | $-681,030 | -34.29% |
| 2006 | $1.99M | +$1.17M | +144.11% |
| 2005 | $813,725 | — | — |
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.
- Sector
- Technology
- Industry
- Chemicals - Specialty
- CEO
- Yves LeMaitre