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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, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 100 40 0 0 0
Sales Growth +150.00% unch unch unch unch
Net Income -22,540 -21,040 -17,230 -18,630 -6,720
Net Income Growth -7.13% -22.11% +7.51% -177.23% +0.15%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 37,810 41,780 29,260 27,230 7,370
Total Assets Growth -9.50% +42.79% +7.46% +269.47% +8.06%
Total Liabilities 4,380 5,350 1,710 2,020 1,590
Total Liabilities Growth -18.13% +212.87% -15.35% +27.04% -17.19%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -15,550 -12,240 -10,470 -10,040 -4,870
Operating Cash Flow Growth -27.04% -16.91% -4.28% -106.16% -2.10%
Net Cash Flow -3,760 7,330 670 20,130 1,070
Change in Net Cash Flow -151.30% +994.03% -96.67% +1,781.31% +1,683.34%
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