Security
Lightwave Logic, Inc. Common Stock · LWLG
LWLGOTCCommon stockHistorical · closed Sep 1, 2021CIK 1325964Updated Nov 14, 2026
Name history
THIRD-ORDER NANOTECHNOLOGIES INC · through Feb 19, 2008THIRD-ORDER NANOTECHNOLOIES INC · through Feb 12, 2007PSI TEC HOLDINGS INC · through Sep 8, 2006
Current security for this SEC filerLWLG · NASDAQ
LWLG price & chart
Historical security
This listing closed Sep 1, 2021. Live provider charts are shown only for current listings.
Current security: LWLG
In the news
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Recent filings
10-Q filing
4 filing
3 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 44,786,666Source | 37,236,197Source | 108,078,889Source | 32,436,267Source | 39,798,833Source | 85,913,064Source | 35,639,560Source | 41,737,807Source | 79,185,249Source | 37,807,983Source | 41,783,585Source | 29,263,472Source |
| Property, Plant and Equipment, NetUSD | 5,319,625Source | 5,774,568Source | 5,791,113Source | 5,724,559Source | 5,811,905Source | 5,194,882Source | 6,116,637Source | 5,397,438Source | 5,222,252Source | 5,691,545Source | 4,990,790Source | 2,519,267Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 34,942,070Source | 26,882,467Source | 47,209,148Source | 22,106,946Source | 29,195,815Source | 75,102,750Source | 25,045,329Source | 31,509,058Source | 69,017,354Source | 27,667,964Source | 31,432,087Source | 24,102,151Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 35,753Source | 26,814Source | 16,129Source | 10,753Source | 8,065Source | 215,753Source | 18,750Source | 56,760Source | 190,753Source | 45,565Source | 30,376Source | — |
| Assets, CurrentUSD | 35,460,514Source | 27,471,365Source | 98,076,190Source | 22,756,555Source | 29,964,771Source | 76,501,957Source | 25,552,428Source | 32,262,507Source | 69,809,208Source | 28,115,270Source | 32,700,084Source | 25,355,616Source |
| Prepaid Expense and Other Assets, CurrentUSD | 482,691Source | 562,084Source | 2,149,099Source | 638,856Source | 760,891Source | 1,183,454Source | 488,349Source | 696,689Source | 601,101Source | 401,741Source | 1,237,621Source | 611,345Source |
| Operating Lease, Right-of-Use AssetUSD | 2,493,021Source | 2,694,971Source | 2,332,229Source | 2,544,785Source | 2,743,457Source | 2,386,792Source | 2,595,680Source | 2,791,199Source | 2,440,369Source | 2,645,723Source | 2,838,210Source | 358,254Source |
| Other Assets, NoncurrentUSD | — | — | — | — | — | — | — | — | — | — | — | 1,388,589Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 3,596,154Source | 3,764,627Source | 3,855,523Source | 3,602,097Source | 4,176,940Source | 4,601,157Source | 4,089,972Source | 4,538,563Source | 4,539,419Source | 4,384,078Source | 5,349,771Source | 1,710,449Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 132,705Source | 121,471Source | 154,167Source | 126,467Source | 120,707Source | 150,502Source | 124,655Source | 119,796Source | 146,051Source | 123,302Source | 118,137Source | 112,883Source |
| Additional Paid in CapitalUSD | 207,206,267Source | 178,728,926Source | 284,458,018Source | 185,723,412Source | 175,608,888Source | 254,934,925Source | 183,577,533Source | 170,998,846Source | 242,016,025Source | 184,363,772Source | 164,619,363Source | — |
| Retained Earnings (Accumulated Deficit)USD | -165,876,149Source | -144,871,901Source | -180,227,125Source | -156,662,648Source | -139,570,988Source | -173,613,328Source | -151,696,015Source | -133,551,304Source | -167,312,788Source | -150,406,434Source | -127,871,393Source | -106,833,361Source |
| Stockholders' Equity Attributable to ParentUSD | 41,190,512Source | 33,471,570Source | 104,223,366Source | 28,834,170Source | 35,621,893Source | 81,311,907Source | 31,549,588Source | 37,199,244Source | 74,645,830Source | 33,423,905Source | 36,433,814Source | 27,553,023Source |
| Additional Paid in Capital, Common StockUSD | — | — | — | — | — | — | — | — | — | — | — | 134,406,825Source |
| Liabilities and EquityUSD | 44,786,666Source | 37,236,197Source | 108,078,889Source | 32,436,267Source | 39,798,833Source | 85,913,064Source | 35,639,560Source | 41,737,807Source | 79,185,249Source | 37,807,983Source | 41,783,585Source | 29,263,472Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 1,141,791Source | 1,122,324Source | 1,560,791Source | 1,098,308Source | 1,491,903Source | 2,250,769Source | 1,537,763Source | 1,811,662Source | 2,135,508Source | 1,785,396Source | 2,582,801Source | 1,504,023Source |
| Operating Lease, Liability, CurrentUSD | 187,940Source | 162,054Source | 209,057Source | 181,248Source | 155,946Source | 201,821Source | 174,692Source | 149,962Source | 194,770Source | 168,289Source | 144,120Source | 190,125Source |
| Accounts Payable, CurrentUSD | 388,466Source | 449,750Source | 445,397Source | 320,543Source | 917,970Source | 779,716Source | 528,666Source | 1,000,494Source | 477,939Source | 515,955Source | 1,447,596Source | 791,671Source |
| Operating Lease, Liability, NoncurrentUSD | 2,454,363Source | 2,642,303Source | 2,294,732Source | 2,503,789Source | 2,685,037Source | 2,350,388Source | 2,552,209Source | 2,726,901Source | 2,403,911Source | 2,598,682Source | 2,766,970Source | 168,129Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | 35,753Source | 26,814Source | 16,129Source | 10,753Source | 8,065Source | 215,753Source | 18,750Source | 56,760Source | 190,753Source | 45,565Source | 30,376Source | — |
| Deferred Compensation EquityUSD | 272,311Source | 506,926Source | 112,793Source | 353,061Source | 536,714Source | 160,192Source | 456,585Source | 368,094Source | 203,458Source | 656,735Source | 432,293Source | 133,324Source |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | —Source | — | — | — | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -5,100,559Source | -5,300,913Source | -6,613,797Source | -4,966,633Source | -6,300,540Source | -4,697,024Source | -20,313,797Source | -22,535,041Source | -21,038,032Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 5,813,628Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 25,000Source | -26,815Source | 145,188Source | 15,189Source | 30,376Source | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 301,777Source | 41,511Source | -38,016Source | -931,641Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -4,364,876Source | -4,220,000Source | -6,526,000Source | -5,071,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -4,061,179Source | -3,490,131Source | -13,749,186Source | -15,550,515Source | -12,236,024Source | -10,465,880Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -621,410Source | -899,422Source | -1,817,202Source | -2,697,899Source | -2,957,201Source | -2,209,722Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 450,466Source | 853,544Source | 1,331,773Source | 2,267,398Source | 3,292,224Source | 1,307,187Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 10,767,985Source | 1,766,918Source | 56,915,778Source | 14,484,291Source | 22,523,161Source | 13,345,141Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 34,942,070Source | 26,882,467Source | 47,209,148Source | 22,106,946Source | 75,102,750Source | 25,045,329Source | 69,017,354Source | 27,667,964Source | 31,432,087Source | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,141,213Source | 1,232,199Source | 1,787,088Source | 1,101,401Source | 1,717,529Source | 979,192Source | 4,682,668Source | 4,886,631Source | 6,722,084Source | 5,905,341Source |
| Amortization of Deferred ChargesUSD | — | — | — | — | — | — | — | — | — | — | — | 91,713Source |
| Amortization of Intangible AssetsUSD | — | — | 27,297Source | 48,921Source | 19,260Source | 26,901Source | 18,522Source | 26,508Source | 82,284Source | 119,283Source | 83,521Source | 78,213Source |
| DepreciationUSD | — | — | 464,224Source | 386,981Source | 471,639Source | 461,228Source | 477,836Source | 428,452Source | 1,821,084Source | 1,563,477Source | 1,035,620Source | 966,995Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | -34,425Source | -210,274Source | -5,270Source | — | -36,409Source | 28,800Source | -25,152Source | -213,440Source | — | — |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | 34,425Source | 210,274Source | 5,270Source | — | 36,409Source | — | 45,170Source | 210,274Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | 28,800Source | 8,782Source | 3,166Source | 215,509Source | — |
| General and Administrative ExpenseUSD | — | — | 2,290,839Source | 1,490,481Source | 3,423,188Source | 2,300,884Source | 3,262,866Source | 1,837,052Source | 9,501,769Source | 6,370,805Source | 5,359,565Source | 4,334,290Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 34,425Source | 217,176Source | — | 0Source | — | 0Source | — | — | 0Source | — |
| Investment Income, InterestUSD | — | — | 193,341Source | 222,404Source | 652,071Source | 168,253Source | 461,275Source | 187,848Source | 842,445Source | 926,854Source | 657,546Source | 91,659Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -5,100,559Source | -5,300,913Source | -6,613,797Source | -4,966,633Source | -6,300,540Source | -4,697,024Source | -20,313,797Source | -22,535,041Source | -21,038,032Source | -17,230,480Source |
| Nonoperating Income (Expense)USD | — | — | -119Source | -66Source | — | 1,098Source | -76Source | -262Source | 645Source | — | — | — |
| Operating ExpensesUSD | — | — | 5,208,312Source | 5,318,782Source | 7,301,891Source | 4,925,788Source | 6,753,161Source | 4,926,270Source | 20,998,279Source | 23,177,353Source | — | 17,139,664Source |
| Other Nonoperating Income (Expense)USD | — | — | -119Source | -66Source | 8,542Source | 1,098Source | -76Source | -262Source | 645Source | -5,102Source | -12,244Source | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 1,862,119Source | 163,500Source | 280,583Source | 246,100Source | 777,674Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 0Source | — | — | — | — | — | 13,750Source | — | — |
| Stock or Unit Option Plan ExpenseUSD | — | — | — | — | — | — | 331,530Source | 749,042Source | 2,051,204Source | 4,440,003Source | 6,459,387Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | — | — | — | — | — | — |
| Income Tax Expense (Benefit) | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 29,166Source | 22,916Source | 32,751Source | 25,605Source | 29,167Source | 22,917Source | 236,855Source | 95,605Source | 40,502Source | — |
| Cost of RevenueUSD | — | — | — | 1,236Source | — | 3,463Source | 1,336Source | 2,028Source | 6,823Source | 7,395Source | 2,513Source | — |
| Operating Income (Loss)USD | — | — | -5,179,146Source | -5,297,102Source | -7,269,140Source | -4,900,183Source | -6,725,330Source | -4,905,381Source | -20,761,424Source | -23,089,143Source | -21,225,265Source | -17,139,664Source |
| Other Nonoperating Income (Expense)USD | — | — | -119Source | -66Source | 8,542Source | 1,098Source | -76Source | -262Source | 645Source | -5,102Source | -12,244Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | -20,313,797Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -5,100,559Source | -5,300,913Source | -6,613,797Source | -4,966,633Source | -6,300,540Source | -4,697,024Source | -20,313,797Source | -22,535,041Source | -21,038,032Source | -17,230,480Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.04Source | -0.04Source | -0.04Source | -0.04Source | -0.04Source | -0.04Source | — | -0.19Source | -0.18Source | -0.15Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.04Source | -0.04Source | -0.04Source | -0.04Source | -0.04Source | -0.04Source | -0.16Source | -0.19Source | -0.18Source | -0.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 129,644,824Source | 120,901,708Source | 153,479,343Source | 125,271,407Source | 148,086,169Source | 123,931,841Source | — | 120,599,885Source | 115,467,300Source | 111,814,926Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 129,644,824Source | 120,901,708Source | 153,479,343Source | 125,271,407Source | 148,086,169Source | 123,931,841Source | 128,628,727Source | 120,599,885Source | 115,467,300Source | 111,814,926Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 27,297Source | 48,921Source | 19,260Source | 26,901Source | 18,522Source | 26,508Source | 82,284Source | 119,283Source | 83,521Source | 78,213Source |
| Costs and ExpensesUSD | — | — | 5,208,312Source | 5,320,018Source | 7,301,891Source | 4,925,788Source | 6,754,497Source | 4,928,298Source | 20,998,279Source | 23,184,748Source | 21,265,767Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 496,358Source | 454,960Source | 1,903,368Source | 1,682,760Source | 1,119,141Source | 1,045,208Source |
| General and Administrative ExpenseUSD | — | — | 2,290,839Source | 1,490,481Source | 3,423,188Source | 2,300,884Source | 3,262,866Source | 1,837,052Source | 9,501,769Source | 6,370,805Source | 5,359,565Source | 4,334,290Source |
| Gross ProfitUSD | — | — | — | — | — | — | — | 20,889Source | — | 88,210Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -20,313,797Source | — | — | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 673,578Source | 209,709Source |
| Investment Income, InterestUSD | — | — | 193,341Source | 222,404Source | 652,071Source | 168,253Source | 461,275Source | 187,848Source | 842,445Source | 926,854Source | 657,546Source | 91,659Source |
| Nonoperating Income (Expense)USD | — | — | -119Source | -66Source | — | 1,098Source | -76Source | -262Source | 645Source | — | — | — |
| Operating ExpensesUSD | — | — | 5,208,312Source | 5,318,782Source | 7,301,891Source | 4,925,788Source | 6,753,161Source | 4,926,270Source | 20,998,279Source | 23,177,353Source | — | 17,139,664Source |
| Other IncomeUSD | — | — | — | — | — | — | — | — | — | — | — | 27,234Source |
| Research and Development ExpenseUSD | — | — | 2,917,473Source | 3,828,301Source | 3,878,703Source | 2,621,441Source | 3,490,295Source | 3,089,218Source | 11,489,687Source | 16,806,548Source | 15,903,689Source | 12,805,374Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 0Source | — | — | — | — | — | 13,750Source | — | — |
| Income Tax Expense (Benefit) | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |