Lightwave Logic, Inc.
For the period ended Dec 31, 2024. Filed Mar 18, 2025.
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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.
FY2024 · Filed Mar 18, 2025
LWLG$4.91+12.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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STATEMENTS OF COMPREHENSIVE LOSS
FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| 2024 | 2023 | |
|---|---|---|
| NET SALES | $95,605 | $40,502 |
| COST AND EXPENSE | ||
| Cost of sales | 7,395 | 2,513 |
| Research and development | 16,806,548 | 15,903,689 |
| General and administrative | 6,370,805 | 5,359,565 |
| TOTAL COST AND EXPENSE | 23,184,748 | 21,265,767 |
| LOSS FROM OPERATIONS | (23,089,143) | (21,225,265) |
| OTHER INCOME (EXPENSE) | ||
| Interest income | 926,854 | 657,546 |
| Commitment fee | (154,210) | (673,578) |
| (Loss) gain on disposal of property and equipment and intangible assets | (213,440) | 215,509 |
| Other (expense) | (5,102) | (12,244) |
| NET LOSS | $(22,535,041) | $(21,038,032) |
| LOSS PER SHARE | ||
| Basic | $(0.19) | $(0.18) |
| Diluted | $(0.19) | $(0.18) |
| WEIGHTED AVERAGE NUMBER OF SHARES | ||
| Basic | 120,599,885 | 115,467,300 |
| Diluted | 120,599,885 | 115,467,300 |
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