Lightwave Logic, Inc.

Lightwave Logic, Inc.

LWLGยทNASDAQ

$12.29

-0.90%
Basic MaterialsChemicals - Specialty

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.

At a Glance

Live Snapshot
Market Cap$1.89B
EPS-0.1600
P/E Ratio-20.52
Earnings Date08/13/2026
3Y-
5Y-
10Y-
3Y+18.0%
5Y+202.0%
10Y+361.0%
3Y+31.0%
5Y+182.0%
10Y+336.0%
Lightwave Logic, Inc.

Lightwave Logic, Inc. Profit Bridge

LWLG ยท NASDAQ
Revenue236.85K
Cost of Goods Sold (2.12M)
Gross Profit-1.88M
Operating Expenses (18.88M)
Operating Income-20.76M
Interest Expense (0.00)
Other Income/Expense447.63K
Pretax Income-20.31M
Income Tax (0.00)
Net Income-20.31M
Net Income
-20.31M

Profitability Analysis

Gross Margin

-793.2%

Negative gross margin indicates the company is losing money on each saleโ€”unsustainable long-term.

Operating Margin

-8765.5%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-8576.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Lightwave Logic, Inc. Income Statement

LWLG โ€ข NASDAQ

Lightwave Logic, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
236.9K
95.6K
40.5K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.5K
0.0
0.0
0.0
3.2K
0.0
0.0
0.0
0.0
GROSS PROFIT
(2.1M)
(7.4K)
(2.5K)
(1M)
(878.5K)
(784.4K)
(698.7K)
(465.8K)
(325.9K)
(195.6K)
(179.9K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.9M
88.2K
38K
-1M
-878.5K
-784.4K
-698.7K
-465.8K
-325.9K
-195.6K
-179.9K
2.5K
0.0
0.0
0.0
3.2K
0.0
0.0
0.0
0.0
OPERATING INCOME
(18.9M)
(23.2M)
(21.3M)
(16.1M)
(16.1M)
(5.8M)
(6.3M)
(5.6M)
(5.5M)
(4.1M)
(4.8M)
(4.4M)
(3.7M)
(4.4M)
(3.3M)
(3.7M)
(2.7M)
(4.2M)
(4.2M)
(2.7M)
(7.4M)
(6.4M)
(5.4M)
(3.3M)
(3.6M)
(2.1M)
(2M)
(1.8M)
(2M)
(1.7M)
(2M)
(1.5M)
(1.6M)
(1.9M)
(1.6M)
(2M)
(1.4M)
(1.4M)
(2.9M)
(671.1K)
(11.5M)
(16.8M)
(15.9M)
(12.8M)
(12.5M)
(3.8M)
(4.3M)
(3.8M)
(3.5M)
(2.5M)
(2.8M)
(2.8M)
(2.1M)
(2.5M)
(1.7M)
(1.7M)
(1.3M)
(2.8M)
(1.3M)
(2M)
-20.8M
-23.1M
-21.2M
-17.1M
-17M
-6.6M
-6.3M
-5.6M
-5.5M
-4.1M
-4.8M
-4.4M
-3.7M
-4.4M
-3.3M
-3.7M
-2.7M
-4.2M
-4.2M
-2.7M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(91.7K)
(0.0)
(0.0)
(0.0)
(250.0)
(250.0)
(255.0)
(249.0)
(0.0)
(212.2K)
(130.9K)
(166.7K)
(557.0)
(1.5K)
(2.9K)
(5.9K)
(4K)
842.4K
926.9K
657.5K
0.0
13.8K
776.0
0.0
0.0
0.0
0.0
0.0
249.0
-211.9K
-130.4K
-166.3K
-361.0
-987.0
8.5K
4.7K
-3.8K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-407.8K
-172.2K
-226.1K
-271.9K
(0.0)
-16.9K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
447.6K
554.1K
187.2K
-90.8K
-1.6M
-115.6K
-407.6K
-171.9K
-225.8K
-271.6K
249.0
-16.6K
-211.9K
-144K
-166.3K
-361.0
-987.0
-106.8K
637.0
-276.4K
-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
0.0
0.0
0.0
-4.3M
-4.2M
-2.6M
NET INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-250.0
-255.0
(0.0)
-249.0
-267.0
-548.0
(166.3K)
(361.0)
(987.0)
(98.3K)
-5.3K
-60.9K
-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

SEC Filings

LWLG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 267 filings