All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2017; the latest 2026-01-20.
From the record
Lightwave Logic, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2026-01-20); an auditor change (8-K item 4.01, the latest 2024-10-04) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+141.7% a year over 3 filed years; profitable in 0 of 3.
From the record
Lightwave Logic, Inc.'s 3 filed years say what it did: revenue went from $41 thousand in fiscal 2023 to $237 thousand in fiscal 2025, up 141.7% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 0 of 3 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 0.6/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Lightwave Logic, Inc.'s shareholder treatment is put at 0.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 6% of 10 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -27%: lost 27¢ per shareholder dollar. Leverage 6%: owes 6¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Lightwave Logic, Inc. lost about 27 cents for every dollar of shareholders' money, and gross profitability: its products earned about 0 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 6 cents per dollar of assets, and net share issuance: its share count grew 6.7% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 35% of 10 in its family; net margin -8576.5%.
From the record
Lightwave Logic, Inc.'s standing among 10 graded names in its industry family: revenue of $237 thousand in fiscal 2025 ranks in the bottom 6% by size; a net margin of -8576.5% ranks in the bottom 5%; revenue growth of 141.7% a year over the last 2 filed years ranks in the top 5% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 10% of 8 in its family for leadership; chief executive since 2024.
From the record
Lightwave Logic, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Le, Maitre Yves (CEO, as filed), filing under that title since 2024-12-12, 1.9 years (bottom 19% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 3.3 years (bottom 6%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 28% of 10 in its family for room to expand.
From the record
Lightwave Logic, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $69 million against no long-term debt tagged leaves 87.2% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -6367.2% of revenue (bottom 5%); a gross margin of 97.1% (top 5%); research spending of 4850.9% of revenue (top 6%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 44% of 10 in its family for growth drivers.
From the record
Lightwave Logic, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 141.7% a year over the last three filed years against 141.7% over all 3, speeding up (top 35% of its family); the newest year grew 147.9% (top 5%); research spending grew -3.5% a year (bottom 19%); capital spending grew 0.6% a year (bottom 45%) (its annual reports). Lightwave Logic, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
SI estimate 5.7/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Lightwave Logic, Inc.'s expectations vs reality is put at 5.7 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made