Lightwave Logic, Inc. financial data

Symbol
LWLG on Nasdaq
Industry
Miscellaneous Plastics Products
Location
369 Inverness Parkway, Suite 350, Englewood, CO
State of incorporation
NV
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 - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.75K % -38.5%
Debt-to-equity 12.5 % +59.5%
Return On Equity -61.5 % +5.89%
Return On Assets -54.7 % +9.79%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 122M shares +4.69%
Common Stock, Shares, Outstanding 121M shares +4.1%
Entity Public Float 805M USD +10.6%
Common Stock, Value, Issued 121K USD +4.1%
Weighted Average Number of Shares Outstanding, Basic 121M shares +3.79%
Weighted Average Number of Shares Outstanding, Diluted 121M shares +3.79%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 22.9K USD
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD
Research and Development Expense 16.7M USD +5.63%
General and Administrative Expense 6.12M USD +17.8%
Costs and Expenses 22.8M USD +8.68%
Operating Income (Loss) -22.7M USD -8.14%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -21.9M USD -3.65%
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 26.9M USD -12.9%
Accounts Receivable, after Allowance for Credit Loss, Current 26.8K USD
Assets, Current 27.5M USD -12.6%
Property, Plant and Equipment, Net 5.77M USD +60.5%
Operating Lease, Right-of-Use Asset 2.69M USD -6.57%
Other Assets, Noncurrent 1.39M USD +0.29%
Assets 37.2M USD -4.78%
Accounts Payable, Current 450K USD +4.71%
Accrued Liabilities, Current 70.2K USD +157%
Contract with Customer, Liability, Current 27.4K USD
Liabilities, Current 1.12M USD +28.6%
Operating Lease, Liability, Noncurrent 2.64M USD -5.78%
Liabilities 3.76M USD +2.19%
Retained Earnings (Accumulated Deficit) -145M USD -17.8%
Stockholders' Equity Attributable to Parent 33.5M USD -5.5%
Liabilities and Equity 37.2M USD -4.78%

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 +4.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 26.9M USD -12.9%
Deferred Tax Assets, Valuation Allowance 32.8M USD +24.8%
Operating Lease, Liability 2.8M USD -4.7%
Depreciation 1.45M USD +44.6%
Payments to Acquire Property, Plant, and Equipment 775K USD +215%
Lessee, Operating Lease, Liability, to be Paid 4.07M USD -8.4%
Property, Plant and Equipment, Gross 11.4M USD +36.3%
Operating Lease, Liability, Current 162K USD +17.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 388K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 94.3K USD -74.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.27M USD -15.6%
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 179M USD +12.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 113K USD +37.7%
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%