Lightwave Logic, Inc. financial data

Symbol
LWLG on Nasdaq
Industry
Miscellaneous Plastics Products
Location
369 Inverness Parkway, Suite 350, Englewood, CO
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
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.87K % -27.5%
Debt-to-equity 12.3 % +92.9%
Return On Equity -60.3 % +10.9%
Return On Assets -53.7 % +15.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 121M shares +3.65%
Common Stock, Shares, Outstanding 121M shares +3.89%
Entity Public Float 805M USD +10.6%
Common Stock, Value, Issued 121K USD +3.89%
Weighted Average Number of Shares Outstanding, Basic 120M shares +4.63%
Weighted Average Number of Shares Outstanding, Diluted 120M shares +4.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.4K USD
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD
Research and Development Expense 16.9M USD +10.1%
General and Administrative Expense 5.98M USD +19.6%
Costs and Expenses 22.9M USD +12.5%
Operating Income (Loss) -22.8M USD -12.1%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -21.8M USD -4.8%
Earnings Per Share, Basic -0.18 USD/shares +5.26%
Earnings Per Share, Diluted -0.18 USD/shares +5.26%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 29.2M USD -10.5%
Accounts Receivable, after Allowance for Credit Loss, Current 8.07K USD
Assets, Current 30M USD -10.4%
Property, Plant and Equipment, Net 5.81M USD +93.5%
Operating Lease, Right-of-Use Asset 2.74M USD -6.37%
Other Assets, Noncurrent 1.39M USD +0.29%
Assets 39.8M USD -1.86%
Accounts Payable, Current 918K USD +118%
Accrued Liabilities, Current 70.2K USD +157%
Liabilities, Current 1.49M USD +62.6%
Operating Lease, Liability, Noncurrent 2.69M USD -5.49%
Liabilities 4.18M USD +10.6%
Retained Earnings (Accumulated Deficit) -140M USD -18.5%
Stockholders' Equity Attributable to Parent 35.6M USD -3.14%
Liabilities and Equity 39.8M USD -1.86%

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 121M shares +3.89%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29.2M USD -10.5%
Deferred Tax Assets, Valuation Allowance 32.8M USD +24.8%
Operating Lease, Liability 2.84M USD -4.47%
Depreciation 1.3M USD +29.6%
Payments to Acquire Property, Plant, and Equipment 775K USD +215%
Lessee, Operating Lease, Liability, to be Paid 4.17M USD -8.17%
Property, Plant and Equipment, Gross 11.1M USD +46.8%
Operating Lease, Liability, Current 156K USD +17.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 388K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 189K USD -49.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.33M USD -15.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 399K USD 0%
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 0%
Additional Paid in Capital 176M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 88.1K USD +20.2%
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%