Lightwave Logic Inc

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

LWLG$4.37+14.4%Stored close · as of Nov 6, 2026

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Contents

STATEMENT OF STOCKHOLDERS' EQUITY

FOR THE YEARS ENDING DECEMBER 31, 2023, 2022 AND 2021

Additional
Number of · Common · Paid-in · Deferred · Accumulated
	Shares	Stock	Capital	Compensation	Deficit	Total
BALANCE AT DECEMBER 31, 2022	112,882,793	$112,883	$134,406,825	$(133,324)	$(106,833,361)	$27,553,023
Common stock issued to institutional investor	3,650,400	3,650	19,989,709	—	—	19,993,359
Common stock issued for commitment shares	112,739	113	673,465	—	—	673,578
Common stock sales at the market by investment banking company	202,115	202	1,515,676	—	—	1,515,878
Exercise of options	914,408	914	776,760	—	—	777,674
Exercise of warrants	269,000	269	235,981	—	—	236,250
Options issued for services	—	—	6,459,387	—	—	6,459,387
Restricted stock awards issued for future services	105,854	106	561,560	(561,666)	—	—
Deferred compensation	—	—	—	262,697	—	262,697
Net loss for the year ending December 31, 2023	—	—	—	—	(21,038,032)	(21,038,032)
BALANCE AT DECEMBER 31, 2023	118,137,309	$118,137	$164,619,363	$(432,293)	$(127,871,393)	$36,433,814

Additional
Number of · Common · Paid-in · Deferred · Accumulated
	Shares	Stock	Capital	Compensation	Deficit	Total
BALANCE AT DECEMBER 31, 2021	110,555,459	$110,556	$114,696,597	$—	$(89,602,881)	$25,204,272
Common stock issued to institutional investor	1,625,000	1,625	12,773,643	—	—	12,775,268
Common stock issued for commitment shares	23,468	22	209,687	—	—	209,709
Exercise of options	302,950	303	257,592	—	—	257,895
Cashless exercise of 4,375 options	2,596	3	35,015	—	—	35,018
Exercise of warrants	350,000	350	395,650	—	—	396,000
Options issued for services	—	—	5,813,628	—	—	5,813,628
Restricted stock awards issued for future services	28,500	29	274,995	(275,024)	—	—
Forfeiture restricted stock awards issued for future services	(5,180)	(5)	(49,982)	49,987	—	—
Deferred compensation	—	—	—	91,713	—	91,713
Net loss for the year ending December 31, 2022	—	—	—	—	(17,230,480)	(17,230,480)
BALANCE AT DECEMBER 31, 2022	112,882,793	$112,883	$134,406,825	$(133,324)	$(106,833,361)	$27,553,023

Additional
Number of · Common · Paid-in · Deferred · Accumulated
	Shares	Stock	Capital	Compensation	Deficit	Total
BALANCE AT DECEMBER 31, 2020	97,775,789	$97,776	$76,649,170	$—	$(70,971,500)	$5,775,446
Common stock issued to institutional investor	9,290,011	9,291	30,341,383	—	—	30,350,674
Common stock issued for commitment shares	514,536	514	2,058,950	—	—	2,059,464
Exercise of options	2,046,250	2,046	1,948,829	—	—	1,950,875
Cashless exercise of 445,252 options	251,873	252	2,236,606	—	—	2,236,858
Exercise of warrants	677,000	677	427,673	—	—	428,350
Options issued for services	—	—	1,022,985	—	—	1,022,985
Warrants issued for services	—	—	11,001	—	—	11,001
Net loss for the year ending December 31, 2021	—	—	—	—	(18,631,381)	(18,631,381)
BALANCE AT DECEMBER 31, 2021	110,555,459	$110,556	$114,696,597	$—	$(89,602,881)	$25,204,272

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.