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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) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 30 30 20 20 20
Sales Growth unch +50.00% unch unch unch
Net Income -5,100 -5,670 -4,700 -5,530 -5,300
Net Income Growth +10.05% -20.64% +15.01% -4.34% +11.96%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 44,790 32,440 35,640 37,810 37,240
Total Assets Growth +38.07% -8.98% -5.74% +1.53% -6.43%
Total Liabilities 3,600 3,600 4,090 4,380 3,760
Total Liabilities Growth unch -11.98% -6.62% +16.49% -10.05%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow -10,440 -7,260 -3,490 -15,550 -12,410
Operating Cash Flow Growth -43.80% -108.02% +77.56% -25.30% -40.70%
Net Cash Flow 7,270 -5,560 -2,620 -3,760 -4,550
Change in Net Cash Flow +230.76% -112.21% +30.32% +17.36% -103.13%
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