LWLGNasdaqMiscellaneous Plastics ProductsFiscal year ends December 31

Lightwave Logic, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026

$3.96−0.01 (-0.25%)

Close on Oct 19, 2026

Market cap: $607.78M
P/E (TTM): –
Dividend yield: –

Lightwave Logic, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31	FY 2006 2006-12-31
Revenue	0.24	0.10	0.04	–	–	–	–	–	–	–	–	0.00	–	–	–	0.00	–	–	–	–
Cost of Revenue	0.01	0.01	0.00	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gross Profit	0.23	0.09	0.04	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Research & Development	11	17	16	13	12	4.59	4.32	3.79	3.52	2.47	2.83	2.85	2.07	2.49	1.68	1.71	–	–	–	–
General & Administrative	9.50	6.37	5.36	4.33	4.52	2.01	2.00	1.81	2.00	1.66	2.02	1.55	1.63	1.94	1.63	2.01	–	–	–	–
Operating Expenses	21	23	21	17	17	6.60	6.32	5.60	5.52	4.14	4.85	4.40	3.70	4.43	3.32	3.72	–	–	–	–
Total Costs & Expenses	21	23	21	17	17	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Income	-21	-23	-21	-17	-17	-6.60	-6.32	-5.60	-5.52	-4.14	-4.85	-4.39	–	–	–	–	–	–	–	–
Interest Expense	–	–	0.67	0.21	2.06	0.12	0.41	0.17	0.23	0.27	–	0.02	0.21	0.13	0.17	0.00	–	–	–	–
Interest & Investment Income	0.84	0.93	0.66	0.09	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	–	–	–	–
Other Non-Operating Income	0.00	-0.01	-0.01	0.03	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	–	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	-0.03	-0.21	0.22	–	–	–	–	-0.01	–	0.00	–	–	–	–	–	–	–	–	–	–
Pretax Income	-20	-23	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	–	-4.39	-3.70	-4.43	-3.32	-3.71	–	–	–	–
Net Income incl. Noncontrolling Interests	-20	-23	-21	-17	-19	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Net Income	-20	-23	-21	-17	-19	-6.72	-6.73	-5.77	-5.75	-4.41	-4.85	-4.41	-3.91	-4.56	-3.48	-3.71	-2.72	-4.34	-4.22	-2.93
Net Income to Common	–	–	–	–	–	–	–	–	–	–	–	–	–	-4.56	-3.48	-3.71	-2.72	-4.34	-4.22	-2.93
EPS (Basic)(per share)	–	-0.19	-0.18	-0.15	-0.18	-0.07	-0.08	-0.08	-0.08	-0.07	-0.08	-0.08	-0.08	-0.09	-0.08	-0.09	–	–	–	–
EPS (Diluted)(per share)	-0.16	-0.19	-0.18	-0.15	-0.18	-0.07	-0.08	-0.08	-0.08	-0.07	-0.08	-0.08	-0.08	-0.09	-0.08	-0.09	–	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	–	121	115	112	105	92	83	76	71	66	60	56	52	49	–	–	–	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	129	121	115	112	105	92	83	76	71	66	60	56	52	49	–	–	–	–	–	–
EBITDA	-19	-21	-20	-16	-16	-5.82	-5.62	-5.14	-5.20	-3.94	-4.67	-4.24	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 98.9%
Operating margin: -9688.2%
Net margin: -9134.4%
Return on equity, FY2025: -37.6%

Financial strength

Current ratio: 62.84
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 3024.7%

Valuation

P/E ratio: –
Price to sales: 2428.67
Price to book: 5.83
Dividend yield: –