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Lightwave Logic Inc

Basic Materials US LWLG

4.36USD
0.05(1.16%)

Last update at 2026-03-10T20:27:00Z

Day Range

4.254.54
LowHigh

52 Week Range

3.139.18
LowHigh

Fundamentals

  • Previous Close 4.31
  • Market Cap403.52M
  • Volume1543441
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-21.07476M
  • Revenue TTM0.07M
  • Revenue Per Share TTM0.001
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.18

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -17.23048M -18.63138M -6.71556M -6.72697M -5.77296M
Minority interest - - - - 0.00000M
Net income -17.22964M -18.20686M -6.71556M -6.72673M -5.77296M
Selling general administrative 4.33M 4.52M 2.07M 2.00M 1.81M
Selling and marketing expenses - - - - -
Gross profit 0.03M - - - 0.00000M
Reconciled depreciation 1.05M 0.88M 0.78M 0.70M 0.47M
Ebit -17.13966M -16.99644M -6.59997M -6.31941M -5.60102M
Ebitda -16.09446M -16.52862M -6.59919M -5.62071M -5.13522M
Depreciation and amortization 1.05M 0.47M 0.78M 0.70M 0.47M
Non operating income net other 0.09M 0.01M 0.00078M 0.00023M 0.00025M
Operating income -17.13966M -16.99644M -6.59997M -6.31941M -5.60102M
Other operating expenses 17.14M 17.00M 6.60M 6.32M 5.60M
Interest expense 0.09M 0.01M 0.00078M 0.00023M 0.00025M
Tax provision - - - - -
Interest income 0.09M 0.01M 0.00078M 0.00023M 0.00025M
Net interest income 0.09M 0.01M -0.11559M 0.00023M 0.00025M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense -0.00084M -0.42453M 0.12M -0.00023M -0.17169M
Total revenue 0.03M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 17.14M 17.00M 6.60M 6.32M 5.60M
Cost of revenue - - - - 0.00000M
Total other income expense net -0.09082M -1.63494M 0.12M -0.40756M -0.17219M
Discontinued operations - - - - 0.00000M
Net income from continuing ops -17.25771M -19.04208M -6.71556M -6.72697M -5.77296M
Net income applicable to common shares -17.23048M -18.63138M -6.71556M -6.72697M -5.77296M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 41.78M 29.26M 27.23M 7.37M 6.82M
Intangible assets 1.25M 1.03M 0.85M 0.92M 0.94M
Earning assets - - - - -
Other current assets 0.76M 0.54M 0.23M 0.43M 0.37M
Total liab 5.35M 1.71M 2.02M 1.59M 1.92M
Total stockholder equity 36.43M 27.55M 25.20M 5.78M 4.91M
Deferred long term liab - - - - -
Other current liab 0.64M 0.42M 1.16M 0.01M 0.63M
Common stock 0.12M 0.11M 0.11M 0.10M 0.09M
Capital stock 0.12M 0.11M 0.11M 0.10M 0.09M
Retained earnings -127.87139M -106.83336M -89.60288M -70.97150M -64.25594M
Other liab - 0.04M 0.08M 0.12M 0.22M
Good will - - - - -
Other assets 0.00000M - 0.00000M 0.00127M -
Cash 31.43M 24.10M 23.43M 3.31M 2.24M
Cash and equivalents - - - - -
Total current liabilities 2.58M 1.50M 1.59M 0.93M 1.00M
Current deferred revenue 0.04M - - 0.12M 0.11M
Net debt -28.52100M -23.74390M -22.89616M -2.19244M -1.37637M
Short term debt 0.14M 0.19M 0.18M 0.58M 0.16M
Short long term debt - - - 0.41M -
Short long term debt total 2.91M 0.36M 0.54M 1.11M 0.86M
Other stockholder equity 164.62M 134.27M 114.70M 76.65M 69.08M
Property plant equipment - 2.52M 2.72M 2.58M 3.28M
Total current assets 32.70M 25.36M 23.66M 3.87M 2.61M
Long term investments - - - - -
Net tangible assets - 27.55M 24.36M 4.86M 3.97M
Short term investments - - - - -
Net receivables 0.03M 0.66M - 0.10M 0.16M
Long term debt - - - - -
Inventory 0.48M 0.06M - - 0.00102M
Accounts payable 1.76M 0.89M 0.25M 0.22M 0.10M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.43229M - - - -1.66383M
Additional paid in capital - - - - -
Common stock total equity - 0.11M 0.11M 0.10M 0.09M
Preferred stock total equity - - - - -
Retained earnings total equity - -106.83336M -89.60288M -70.97150M -64.25594M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 0.36M 0.00054M 1.62M 0.00001M
Deferred long term asset charges - - - - -
Non current assets total 9.08M 3.91M 3.56M 3.49M 4.22M
Capital lease obligations 2.91M 0.36M 0.54M 0.70M 0.86M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2.20972M -1.11618M -0.21798M -0.30567M -1.43236M
Change to liabilities -0.09388M 0.03M 0.12M 0.00328M 0.01M
Total cashflows from investing activities -2.20972M -1.11618M -0.21798M -0.30567M -1.43236M
Net borrowings - -0.01311M -0.66965M -0.50573M -0.49941M
Total cash from financing activities 13.35M 31.28M 6.16M 5.13M 4.53M
Change to operating activities -1.15861M 1.33M 0.19M 0.24M 0.16M
Net income -17.23048M -18.63138M -6.71556M -6.72697M -5.77296M
Change in cash 0.67M 20.13M 1.07M 0.06M -1.30770M
Begin period cash flow 23.43M 3.31M 2.24M 2.17M 3.48M
End period cash flow 24.10M 23.43M 3.31M 2.24M 2.17M
Total cash from operating activities -10.46588M -10.03863M -4.87386M -4.76584M -4.40097M
Issuance of capital stock 12.78M 30.35M 5.17M 5.64M 4.86M
Depreciation 1.05M 0.88M 0.78M 0.70M 0.47M
Other cashflows from investing activities -0.90253M -0.01865M -0.05992M -0.08220M -0.39498M
Dividends paid - - - - 0.00000M
Change to inventory - - - - 0.00000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock 0.65M 2.38M 1.66M 5.64M 5.03M
Other cashflows from financing activities 0.57M 0.94M 1.66M -0.30567M -0.33791M
Change to netincome 6.02M 6.36M 0.75M 1.09M 0.65M
Capital expenditures 1.57M 1.12M 0.22M 0.31M 1.43M
Change receivables - - - - 0.00000M
Cash flows other operating -0.30178M 3.56M 0.17M 0.17M 0.25M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes 0.67M 20.13M 1.07M 0.06M -1.30770M
Change in working capital -0.51470M 1.36M 0.31M 0.17M 0.26M
Stock based compensation 5.81M 1.02M 0.54M 0.60M 0.39M
Other non cash items 0.42M 2.06M 0.12M 0.41M 0.17M
Free cash flow -12.03348M -11.15480M -5.09185M -5.07151M -5.83583M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
LWLG
Lightwave Logic Inc
0.05 1.16% 4.36 - - 12077.53 13.43 11373.30 -23.1231
LIN
Linde plc Ordinary Shares
-5.68 1.17% 477.94 33.77 28.90 6.56 5.42 7.03 18.92
AIQUF
L'Air Liquide S.A
- -% 191.86 29.39 24.69 3.41 3.97 3.87 15.91
AIQUY
Air Liquide SA ADR
-0.44 1.12% 38.71 30.34 23.04 3.63 3.77 3.88 15.62
SHW
Sherwin-Williams Co
-3.07 0.92% 330.33 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

Lightwave Logic, Inc. focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, foundries, packaging and assembly manufacturers, etc.; and semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies and defense entities. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Lightwave Logic Inc

369 Inverness Parkway, Englewood, CO, United States, 80112

Key Executives

Name Title Year Born
Dr. Michael S. Lebby Ph.D. Chairman & CEO 1962
Mr. James S. Marcelli Pres, COO, Principal Financial Officer, Sec. & Director 1948
Rear Admiral Thomas E. Zelibor USN (Ret). Advisor 1955
Dr. Karen Liu VP of Sales & Marketing NA
Mr. David Fielder Eaton Sr. Technology Advisor 1947
Dr. Ross Fasick Sr. Technology Advisor 1933
Mr. James S. Marcelli President, COO, Principal Financial Officer, Secretary & Director 1948
Mr. David Fielder Eaton Senior Technology Advisor 1947

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