Lightwave Logic Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
LWLG$4.37+14.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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BALANCE SHEETS
UNAUDITED
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $26,882,467 | $31,432,087 |
| Accounts Receivable | 26,814 | 30,376 |
| Prepaid expenses and other current assets | 562,084 | 1,237,621 |
| TOTAL CURRENT ASSETS | 27,471,365 | 32,700,084 |
| PROPERTY AND EQUIPMENT - NET | 5,774,568 | 4,990,790 |
| OTHER ASSETS | ||
| Intangible assets - net | 1,295,293 | 1,254,501 |
| Operating Lease - Right of Use - Building | 2,694,971 | 2,838,210 |
| TOTAL OTHER ASSETS | 3,990,264 | 4,092,711 |
| TOTAL ASSETS | $37,236,197 | $41,783,585 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $449,750 | $1,447,596 |
| Accrued bonuses and accrued expenses | 299,436 | 599,430 |
| Accounts payable and accrued expenses - related parties | 176,745 | 313,483 |
| Contract liability | 27,375 | 39,875 |
| Deferred lease liability | 6,964 | 38,297 |
| Operating lease liability | 162,054 | 144,120 |
| TOTAL CURRENT LIABILITIES | 1,122,324 | 2,582,801 |
| LONG TERM LIABILITIES | ||
| Operating lease liability | 2,642,303 | 2,766,970 |
| TOTAL LONG TERM LIABILITIES | 2,642,303 | 2,766,970 |
| TOTAL LIABILITIES | 3,764,627 | 5,349,771 |
| STOCKHOLDERS' EQUITY | ||
| Preferred stock, $0.001 par value, 1,000,000 authorized, no shares issued or outstanding | — | — |
| Common stock $0.001 par value, 250,000,000 authorized, 121,471,478 and 118,137,309 issued and outstanding at September 30, 2024 and December 31, 2023 | 121,471 | 118,137 |
| Additional paid-in-capital | 178,728,926 | 164,619,363 |
| Deferred compensation | (506,926) | (432,293) |
| Accumulated deficit | (144,871,901) | (127,871,393) |
| TOTAL STOCKHOLDERS' EQUITY | 33,471,570 | 36,433,814 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $37,236,197 | $41,783,585 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.