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$4.91+12.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
STATEMENTS OF STOCKHOLDERS’ EQUITY
NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2024
| Additional | ||||||
|---|---|---|---|---|---|---|
| Number of · Common · Paid-in · Deferred · Accumulated | ||||||
| Shares | Stock | Capital | Compensation | Deficit | Total | |
| BALANCE AT DECEMBER 31, 2023 | 118,137,309 | $118,137 | $164,619,363 | $(432,293) | $(127,871,393) | $36,433,814 |
| Common stock issued to institutional investor | 2,600,000 | 2,600 | 9,173,300 | — | — | 9,175,900 |
| Common stock issued for commitment shares | 31,132 | 31 | 121,802 | — | — | 121,833 |
| Common stock sales at the market by investment banking company | 202,150 | 202 | 714,699 | — | — | 714,901 |
| Exercise of options | 365,000 | 365 | 237,835 | — | — | 238,200 |
| Exercise of warrants | 19,000 | 19 | 14,231 | — | — | 14,250 |
| Options issued for services | — | — | 3,468,243 | — | — | 3,468,243 |
| Restricted stock awards issued for future services | 116,887 | 117 | 379,453 | (379,570) | — | — |
| Deferred compensation | — | — | — | 304,937 | — | 304,937 |
| Net loss for the nine months ended September 30, 2024 | — | — | — | — | (17,000,508) | (17,000,508) |
| BALANCE AT SEPTEMBER 30, 2024 | 121,471,478 | $121,471 | $178,728,926 | $(506,926) | $(144,871,901) | $33,471,570 |
NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2023
| 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 | 2,750,400 | 2,750 | 16,061,159 | — | — | 16,063,909 |
| Common stock issued for commitment shares | 99,407 | 100 | 607,628 | — | — | 607,728 |
| Common stock sales at the market by investment banking company | 172,115 | 172 | 1,378,302 | — | — | 1,378,474 |
| Exercise of options | 504,408 | 504 | 466,820 | — | — | 467,324 |
| Exercise of warrants | 169,000 | 169 | 164,581 | — | — | 164,750 |
| Options issued for services | — | — | 5,085,114 | — | — | 5,085,114 |
| Restricted stock awards issued for future services | 105,854 | 106 | 561,560 | (561,666) | — | — |
| Deferred compensation | — | — | — | 198,253 | — | 198,253 |
| Net loss for the nine months ended September 30, 2023 | — | — | — | — | (16,098,356) | (16,098,356) |
| BALANCE AT SEPTEMBER 30, 2023 | 116,683,977 | $116,684 | $158,731,989 | $(496,737) | $(122,931,717) | $35,420,219 |
STATEMENTS OF STOCKHOLDERS’ EQUITY
THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2024
| Additional | ||||||
|---|---|---|---|---|---|---|
| Number of · Common · Paid-in · Deferred · Accumulated | ||||||
| Shares | Stock | Capital | Compensation | Deficit | Total | |
| BALANCE AT JUNE 30, 2024 | 120,706,365 | $120,707 | $175,608,888 | $(536,714) | $(139,570,988) | $35,621,893 |
| Common stock issued to institutional investor | 650,000 | 650 | 1,679,650 | — | — | 1,680,300 |
| Common stock issued for commitment shares | 5,701 | 5 | 15,868 | — | — | 15,873 |
| Common stock sales at the market by investment banking company | 75,000 | 75 | 214,943 | — | — | 215,018 |
| Exercise of options | 10,000 | 10 | 7,190 | — | — | 7,200 |
| Exercise of warrants | — | — | — | — | — | — |
| Options issued for services | — | — | 1,130,783 | — | — | 1,130,783 |
| Restricted stock awards issued for future services | 24,412 | 24 | 71,604 | (71,628) | — | — |
| Deferred compensation | — | — | — | 101,416 | — | 101,416 |
| Net loss for the three months ended September 30, 2024 | — | — | — | — | (5,300,913) | (5,300,913) |
| BALANCE AT SEPTEMBER 30, 2024 | 121,471,478 | $121,471 | $178,728,926 | $(506,926) | $(144,871,901) | $33,471,570 |
THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2023
| Additional | ||||||
|---|---|---|---|---|---|---|
| Number of · Common · Paid-in · Deferred · Accumulated | ||||||
| Shares | Stock | Capital | Compensation | Deficit | Total | |
| BALANCE AT JUNE 30, 2023 | 116,184,724 | $116,185 | $154,946,488 | $(519,466) | $(117,767,126) | $36,776,081 |
| Common stock issued to institutional investor | 175,000 | 175 | 1,113,325 | — | — | 1,113,500 |
| Common stock issued for commitment shares | 3,777 | 4 | 25,298 | — | — | 25,302 |
| Common stock sales at the market by investment banking company | 97,115 | 97 | 734,848 | — | — | 734,945 |
| Exercise of options | 198,123 | 198 | 160,825 | — | — | 161,023 |
| Exercise of warrants | 19,000 | 19 | 14,231 | — | — | 14,250 |
| Options issued for services | — | — | 1,695,310 | — | — | 1,695,310 |
| Restricted stock awards issued for future services | 6,238 | 6 | 41,664 | (41,670) | — | — |
| Deferred compensation | — | — | — | 64,399 | — | 64,399 |
| Net loss for the three months ended September 30, 2023 | — | — | — | — | (5,164,591) | (5,164,591) |
| BALANCE AT SEPTEMBER 30, 2023 | 116,683,977 | $116,684 | $158,731,989 | $(496,737) | $(122,931,717) | $35,420,219 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.