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Lightwave Logic Inc (LWLG)

Lightwave Logic Inc (LWLG)
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Lightwave Logic, Inc., formerly known as Third-Order Nanotechnologies, Inc., is a development stage company that develops electro-optic polymers; which has high electro-optic activity and are thermally and photo-chemically stable; for use in the electro-optic device market. The Company engineers electro-optic plastics at the molecular level for superior performance, stability, cost-efficiency and ease of process ability. Its next-generation electro-optic plastics can be utilized by electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, aerospace companies and government agencies. Lightwave Logic, Inc. is headquartered in Newark, Delaware.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 240 100 40 0 0
Sales Growth +140.00% +150.00% unch unch unch
Net Income -20,310 -22,540 -21,040 -17,230 -18,630
Net Income Growth +9.89% -7.13% -22.11% +7.51% -177.23%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 79,190 37,810 41,780 29,260 27,230
Total Assets Growth +109.44% -9.50% +42.79% +7.46% +269.47%
Total Liabilities 4,540 4,380 5,350 1,710 2,020
Total Liabilities Growth +3.65% -18.13% +212.87% -15.35% +27.04%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -13,750 -15,550 -12,240 -10,470 -10,040
Operating Cash Flow Growth +11.58% -27.04% -16.91% -4.28% -106.16%
Net Cash Flow 41,350 -3,760 7,330 670 20,130
Change in Net Cash Flow +1,199.73% -151.30% +994.03% -96.67% +1,781.31%
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