$12.18
-0.90%Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in designing and synthesizing organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, Web 2.0 media, computing companies, aerospace companies, and government agencies. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
LWLG โข NASDAQ
| Lightwave Logic, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
-20.3M | -22.5M | -21M | -17.2M | -18.6M | -6.7M | -6.7M | -5.8M | -5.7M | -4.4M | -4.8M | -4.4M | -3.9M | -4.6M | -3.5M | -3.7M | -2.7M | -4.3M | -4.2M | -2.6M | |
2.1M | 1.9M | 1.3M | 1.2M | 1M | 784.4K | 698.7K | 465.8K | 325.9K | 195.6K | 179.9K | 151.2K | 126.8K | 79.2K | 35.4K | 30.2K | 17K | 15.8K | 1.6M | 330.7K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 80.1K | 88.5K | 416.9K | 173.7K | 91.3K | 148.7K | 135.9K | 291.3K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
551.5K | 4.4M | 6.5M | 5.8M | 1M | 539.4K | 600.7K | 387.7K | 794.7K | 436.2K | 1.3M | 824.7K | 674.9K | 1.8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
4.5M | 814.3K | 720.8K | 354.6K | 5.1M | 212.1K | 407.8K | 172.2K | 270.3K | 295.9K | 49K | 41.4K | 212.2K | 132.4K | 1.6M | 2.3M | 1.5M | 3.1M | 1.3M | 560.9K | |
-622.2K | -145K | 317.9K | -692.9K | 1.2M | 305.7K | 173.8K | 257.8K | -468.3K | 152.5K | -255.1K | 103.6K | -75.4K | -131.3K | 154.8K | -74K | 57.1K | -53.7K | -101.1K | 962.2K | |
-13.7M | -15.6M | -12.2M | -10.5M | -10.3M | -4.9M | -4.8M | -4.4M | -4.4M | -3.2M | -3.4M | -3.1M | -2.8M | -2.4M | -1.7M | -1.4M | -1.1M | -1.2M | -1.4M | -742.7K | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-1.3M | -2.3M | -3.3M | -1.3M | -1.1M | -158.1K | -305.7K | -1.4M | -265.5K | -193.3K | -309.5K | -294.5K | -179.2K | -348.9K | -111.7K | -108.4K | -108.1K | -48.2K | -182.4K | -8.5K | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.5K) | (0.0) | (19.5K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
18.8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28.5K | 0.0 | 175.4K | |
-19.3M | -430.5K | 335K | -902.5K | -18.6K | -59.9K | -82.2K | 2.5K | -183.8K | 19.5K | -279.9K | -81.4K | -69.9K | -83.0 | 0.0 | 0.0 | 0.0 | 100K | 0.0 | 0.0 | |
-1.8M | -2.7M | -3M | -2.2M | -1.1M | -218K | -305.7K | -1.4M | -265.5K | -173.8K | -309.5K | -294.5K | -179.2K | -348.9K | -111.7K | -108.4K | -108.1K | (80.3K) | -182.4K | (166.9K) | |
FINANCING ACTIVITIES | ||||||||||||||||||||
38.3M | 14.1M | 20M | 12.8M | 30.4M | 5.2M | 5.6M | 4.9M | 5.7M | 1.6M | 0.0 | 4.2M | 2.3M | 4.9M | 1.2M | 2M | 1.6M | 776.8K | 2.1M | 425K | |
0.0 | 0.0 | 0.0 | 0.0 | -13.1K | -669.6K | 0.0 | -499.4K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -4.1K | -5.2K | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -200K | (0.0) | |
18.6M | 337.4K | 2.5M | 635.7K | 1.2M | 1.7M | -505.7K | 5M | -23.8K | 0.0 | 4.3M | 153.8K | 72.5K | 444.4K | 0.0 | 0.0 | 12.5K | 0.0 | -1.5K | 6.5K | |
56.9M | 14.5M | 22.5M | 13.4M | 31.5M | 6.2M | 5.1M | 4.5M | 6.2M | 1.6M | 4.3M | 4.3M | 2.4M | 5.3M | 1.2M | 2M | 1.6M | 776.8K | 2.1M | 426.3K | |
CASH FLOW SUMMARY | ||||||||||||||||||||
41.3M | -3.8M | 7.3M | 669.5K | 20.1M | 1.1M | 61.7K | -1.3M | 1.5M | -1.8M | 564.8K | 895.2K | -666.2K | 2.6M | -594K | 493.9K | 371.8K | -391.2K | 478.9K | -149.5K | |
27.7M | 31.4M | 24.1M | 23.4M | 3.3M | 2.2M | 2.2M | 3.5M | 2M | 3.7M | 3.2M | 2.3M | 2.9M | 359.8K | 953.9K | 460K | 88.2K | 479.5K | 528.0 | 150K | |
69M | 27.7M | 31.4M | 24.1M | 23.4M | 3.3M | 2.2M | 2.2M | 3.5M | 2M | 3.7M | 3.2M | 2.3M | 2.9M | 359.8K | 953.9K | 460K | 88.2K | 479.5K | 528.0 | |
-15.1M | -18.2M | -15.8M | -12.1M | -11.4M | -5.1M | -5.1M | -5.8M | -4.7M | -3.3M | -3.8M | -3.4M | -3M | -2.7M | -1.8M | -1.5M | -1.2M | -1.3M | -1.6M | -751.2K |
LWLG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 27, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 15, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 20, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 10, 2026 | May 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 20, 2026 | December 31, 2025 | 2025 | |
10-Q/A 10-Q/A 2025 Q2 (Amended) Q2 | January 20, 2026 | June 30, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 20, 2026 | January 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 08, 2026 | January 06, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 17, 2025 | December 15, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 15, 2025 | December 12, 2025 | 2025 |
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