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Lightwave Logic, Inc. (LWLG)

Nasdaq: LWLG · Miscellaneous Plastics Products · Englewood, CO · filing with the SEC since 2005
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Grade4.2
◀ Past 3.7● Present 3.0▶ Future 6.4
2 est.
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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 20, 2026Mar 18, 2025Feb 29, 2024Mar 1, 2023Mar 1, 2022Mar 31, 2021Mar 16, 2020Mar 18, 2019Mar 16, 2018Mar 17, 2017
Revenue236,85595,60540,502·······
Cost of revenue6,8237,3952,513·······
Gross profit·88,21037,989·······
Research and development11,489,68716,806,54815,903,68912,805,37412,476,0404,590,545r4,319,2953,794,5653,519,1292,474,689
General and administrative9,501,7696,370,8055,359,5654,334,2904,520,4032,009,429r2,000,1121,806,4512,004,4091,660,889
Total operating expenses20,998,27923,184,748r21,263,25417,139,66416,996,4436,599,9746,319,4075,601,0165,523,5384,135,578
Total costs and expenses20,998,27923,184,74821,265,76717,139,66416,996,443·····
Operating income-20,761,424-23,089,143-21,225,265-17,139,664-16,996,443-6,599,974-6,319,407-5,601,016-5,523,538-4,135,578
Interest expense··673,578209,7092,059,464116,366407,792172,192226,094271,885
Interest and investment income842,445926,854657,54691,65913,826776232250250255
Other income (expense), net645-5,102-12,24427,234······
Total non-operating income (expense)645-5,102········
Income before income taxes-20,313,797-22,535,041········
Net income including non-controlling interests-20,313,797-22,535,041-21,038,032-17,230,480-18,631,381·····
Net income-20,313,797-22,535,041-21,038,032-17,230,480-18,631,381-6,715,564-6,726,967-5,772,958-5,749,382-4,407,208
Earnings per share, basic·-0.19-0.18-0.15-0.18-0.07····
Earnings per share, diluted-0.16-0.19-0.18-0.15-0.18-0.07····
Earnings per share, basic and diluted····-0.18-0.07-0.08-0.08-0.08-0.07
Weighted average shares, basic·120,599,885115,467,300111,814,926105,223,95991,859,025····
Weighted average shares, diluted128,628,727120,599,885115,467,300111,814,926105,223,95991,859,025····
Weighted average shares, basic and diluted····105,223,95991,859,02583,299,50876,395,75070,876,57666,201,531
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton LWLG · research, not advice