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