Lightwave Logic, Inc. financial data

Symbol
LWLG on Nasdaq
Industry
Miscellaneous Plastics Products
Location
369 Inverness Parkway, Suite 350, Englewood, Colorado
State of incorporation
Nevada
Fiscal year end
December 31
Former names
THIRD-ORDER NANOTECHNOLOGIES INC (to 2/19/2008), THIRD-ORDER NANOTECHNOLOIES INC (to 2/12/2007), PSI TEC HOLDINGS INC (to 9/8/2006)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.1K % -16.3%
Debt-to-equity 11.9 % +167%
Return On Equity -58.3 % +13.2%
Return On Assets -52.1 % +19%
Operating Margin -52.4K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 119M shares +5.27%
Common Stock, Shares, Outstanding 120M shares +4.99%
Entity Public Float 805M USD +10.6%
Common Stock, Value, Issued 120K USD +4.99%
Weighted Average Number of Shares Outstanding, Basic 119M shares +5.01%
Weighted Average Number of Shares Outstanding, Diluted 119M shares +5.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.4K USD
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD
Research and Development Expense 16.7M USD +19.6%
General and Administrative Expense 5.25M USD +9.27%
Costs and Expenses 22M USD +17%
Operating Income (Loss) -21.9M USD -16.6%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -21.2M USD -10.9%
Earnings Per Share, Basic -0.18 USD/shares -5.88%
Earnings Per Share, Diluted -0.18 USD/shares -5.88%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 31.5M USD +20.4%
Accounts Receivable, after Allowance for Credit Loss, Current 56.8K USD
Assets, Current 32.3M USD +20.1%
Property, Plant and Equipment, Net 5.4M USD +115%
Operating Lease, Right-of-Use Asset 2.79M USD +795%
Other Assets, Noncurrent 1.39M USD +0.29%
Assets 41.7M USD +35.5%
Accounts Payable, Current 1M USD +174%
Accrued Liabilities, Current 70.2K USD +157%
Liabilities, Current 1.81M USD +118%
Operating Lease, Liability, Noncurrent 2.73M USD +2198%
Liabilities 4.54M USD +365%
Retained Earnings (Accumulated Deficit) -134M USD -18.9%
Stockholders' Equity Attributable to Parent 37.2M USD +24.7%
Liabilities and Equity 41.7M USD +35.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.77M USD -27.3%
Net Cash Provided by (Used in) Financing Activities 5.68M USD +2.76%
Net Cash Provided by (Used in) Investing Activities -828K USD -386%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 120M shares +4.99%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 31.5M USD +20.4%
Deferred Tax Assets, Valuation Allowance 32.8M USD +24.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 2.88M USD +822%
Depreciation 1.15M USD +14.4%
Payments to Acquire Property, Plant, and Equipment 775K USD +215%
Lessee, Operating Lease, Liability, to be Paid 4.26M USD +1142%
Property, Plant and Equipment, Gross 10.3M USD +50.7%
Operating Lease, Liability, Current 150K USD -22.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 388K USD +112%
Lessee, Operating Lease, Liability, to be Paid, Year One 283K USD +76.2%
Deferred Income Tax Expense (Benefit) -6.53M USD -28.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.39M USD +4318%
Lessee, Operating Lease, Liability, to be Paid, Year Three 399K USD
Deferred Tax Assets, Operating Loss Carryforwards 29M USD +21.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 411K USD
Additional Paid in Capital 171M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 85.1K USD +12.7%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 377K USD
Share-based Payment Arrangement, Expense 691K USD -63.1%
Operating Leases, Future Minimum Payments, Due in Three Years 214K USD 0%
Operating Leases, Future Minimum Payments Due 358K USD -33.2%
Interest Expense 674K USD +221%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%