Lightwave Logic, Inc. (LWLG) Financials

$2.37

south_east
-$0.05 (-0.05%)
Day's range
$2.35
Day's range
$2.58

LWLG Income statement / Annual

Last year (2023), Lightwave Logic, Inc.'s total revenue was $40,502.00, and the percentage change from the previous year is not available. In 2023, Lightwave Logic, Inc.'s net income was -$21.04 M. See Lightwave Logic, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $40,502.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2,500.00
Cost of Revenue $2,513.00 $1.05 M $878,520.00 $784,419.00 $698,694.00 $465,795.00 $325,946.00 $195,610.00 $179,907.00 $0.00
Gross Profit $37,989.00 -$1.05 M -$878,520.00 -$784,419.00 -$698,694.00 -$465,795.00 -$325,946.00 -$195,610.00 -$179,907.00 $2,500.00
Gross Profit Ratio 0.94 0 0 0 0 0 0 0 0 1
Research and Development Expenses $15.90 M $12.81 M $12.48 M $4.53 M $4.32 M $3.79 M $3.52 M $2.47 M $2.83 M $2.85 M
General & Administrative Expenses $5.36 M $4.33 M $4.52 M $2.07 M $2.00 M $1.81 M $2.00 M $1.66 M $2.02 M $1.55 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $5.36 M $4.33 M $4.52 M $2.07 M $2.00 M $1.81 M $2.00 M $1.66 M $2.02 M $1.55 M
Other Expenses $0.00 -$182,475.00 -$2.06 M -$116,366.00 -$407,792.00 -$172,192.00 -$226,094.00 -$271,885.00 $0.00 -$16,862.00
Operating Expenses $21.26 M $17.14 M $17.00 M $6.60 M $6.32 M $5.60 M $5.52 M $4.14 M $4.85 M $4.40 M
Cost And Expenses $21.27 M $17.14 M $17.00 M $6.60 M $6.32 M $5.60 M $5.52 M $4.14 M $4.85 M $4.40 M
Interest Income $657,546.00 $91,659.00 $13,826.00 $776.00 $232.00 $250.00 $250.00 $255.00 $249.00 $249.00
Interest Expense $0.00 $91,659.00 $0.00 $0.00 $0.00 $250.00 $250.00 $255.00 $249.00 $16,862.00
Depreciation & Amortization $1.30 M $1.05 M $878,520.00 $784,419.00 $698,694.00 $465,795.00 $325,946.00 $195,610.00 $179,907.00 $151,183.00
EBITDA -$19.73 M -$16.19 M -$17.75 M -$5.93 M -$6.03 M -$5.31 M -$5.42 M -$3.94 M -$4.67 M -$4.24 M
EBITDA Ratio -487.24 0 0 0 0 0 0 0 0 -1696.8
Operating Income Ratio -524.05 0 0 0 0 0 0 0 0 -1757.27
Total Other Income/Expenses Net $187,233.00 -$90,816.00 -$1.63 M -$115,590.00 -$407,560.00 -$171,942.00 -$225,844.00 -$271,631.00 $249.00 -$16,613.00
Income Before Tax -$21.04 M -$17.23 M -$18.63 M -$6.72 M -$6.73 M -$5.77 M -$5.75 M -$4.41 M -$4.85 M -$4.41 M
Income Before Tax Ratio -519.43 0 0 0 0 0 0 0 0 -1763.92
Income Tax Expense $0.00 -$843.00 -$424,526.00 -$776.00 -$232.00 -$171,692.00 -$250.00 -$255.00 $0.00 -$249.00
Net Income -$21.04 M -$17.23 M -$18.21 M -$6.71 M -$6.73 M -$5.77 M -$5.75 M -$4.41 M -$4.85 M -$4.41 M
Net Income Ratio -519.43 0 0 0 0 0 0 0 0 -1763.92
EPS -0.18 -0.15 -0.17 -0.0731 -0.0808 -0.0756 -0.0811 -0.0666 -0.0803 -0.0793
EPS Diluted -0.18 -0.15 -0.17 -0.0731 -0.0808 -0.0756 -0.0811 -0.0666 -0.0803 -0.0793
Weighted Average Shares Out $115.47 M $111.81 M $105.22 M $91.86 M $83.30 M $76.40 M $70.88 M $66.20 M $60.33 M $55.64 M
Weighted Average Shares Out Diluted $115.47 M $111.81 M $105.22 M $91.86 M $83.30 M $76.40 M $70.88 M $66.20 M $60.33 M $55.64 M
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