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

STATEMENTS OF COMPREHENSIVE LOSS

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

	For the	For the	For the
	Year Ending	Year Ending	Year Ending
	December 31, 2023	December 31, 2022	December 31, 2021
NET SALES	$40,502	$—	$—
COST AND EXPENSE
Cost of sales	2,513	—	—
Research and development	15,903,689	12,805,374	12,476,040
General and administrative	5,359,565	4,334,290	4,520,403
TOTAL COST AND EXPENSE	21,265,767	17,139,664	16,996,443
LOSS FROM OPERATIONS	(21,225,265)	(17,139,664)	(16,996,443)
OTHER INCOME (EXPENSE)
Paycheck Protection Program loan forgiveness	—	—	410,700
Interest income	657,546	91,659	13,826
Commitment fee	(673,578)	(209,709)	(2,059,464)
Gain on disposal of property and equipment	215,509	—	—
Other (expense) income	(12,244)	27,234	—
NET LOSS	$(21,038,032)	$(17,230,480)	$(18,631,381)
LOSS PER SHARE
Basic	$(0.18)	$(0.15)	$(0.18)
Diluted	$(0.18)	$(0.15)	$(0.18)
WEIGHTED AVERAGE NUMBER OF SHARES
Basic	115,467,300	111,814,926	105,223,959
Diluted	115,467,300	111,814,926	105,223,959

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.