MARKETS / NASDAQ / LWLG
NASDAQ · MISCELLANEOUS PLASTICS PRODUCTS · SMALL CAP

Lightwave Logic, Inc. LWLG

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$236,855
▲ 1622.6% vs FY2024
EPS · FY25
$-0.16
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-37.6%
Net margin · FY25
-8576.5%
Dividend coverage
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Result
USD 236,855.00
Revenue, FY2025 · full 19-year series below
Revenue Net income
8e-050.000160.000240.0-0.02007201020132016201920222025
8e-050.000160.000240.0-0.02016201920222025

The company lost 8576 cents on every revenue dollar this year.

Per share
USD -0.16
Diluted EPS, FY2025
EPS
0.40.81.2-0.162007201020132016201920222025
0.40.81.2-0.162016201920222025

The company pays no cash dividend.

Profitability
-37.6%
Return on equity, FY2025
ROE
0.250.50.751-37.6%2007201020132016201920222025
0.250.50.751-37.6%2016201920222025
Operating margin-8765.5%
Net margin-8576.5%
Return on assets-34.7%

Each USD of equity lost 38 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+33.2%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.15B
Shares outstanding, FY2025
0.050.152007201020132016201920222025
0.070.152016201920222025
Change, 5 years+49.4%
Change, 10 years+123.9%

The share count grew 49% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 79.2M
total assets, end of FY2025
Total assetsUSD 79.2M
EquityUSD 74.6M
CashUSD 69.0M
Current ratio32.69×

Equity funds 94% of total assets.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
0.0
0.0
0.0
·
·
·
·
·
·
·
·
0.0
·
·
·
0.0
·
·
·
Operating income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
·
·
·
·
·
·
·
EBITDA $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
·
·
·
·
·
·
·
Income tax $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Net income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
−0.16
−0.19
−0.18
−0.15
−0.18
−0.07
−0.08
−0.08
−0.08
−0.07
−0.08
−0.08
−0.08
−0.09
−0.08
−0.09
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−37.6
−64.5
−65.8
−65.3
−120.3
−125.7
−137.1
−116.3
−142.4
−109.3
−106.9
−122.8
−115.3
−209.8
−341.7
−353.2
−570.9
−1009.8
−646.6
Shares out B
0.15
0.12
0.12
0.11
0.11
0.10
0.09
0.08
0.07
0.07
0.07
0.06
0.05
0.05
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
48 of 48
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed