Lightwave Logic, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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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, 2025 · Filed Nov 14, 2025
LWLG$4.37+14.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
BALANCE SHEETS
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | (unaudited) | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $34,942,070 | $27,667,964 |
| Accounts Receivable | 35,753 | 45,565 |
| Prepaid expenses and other current assets | 482,691 | 401,741 |
| TOTAL CURRENT ASSETS | 35,460,514 | 28,115,270 |
| PROPERTY AND EQUIPMENT - net of accumulated depreciation of $7,366,487 and $6,037,723 | 5,319,625 | 5,691,545 |
| OTHER ASSETS | ||
| Intangible assets - net of accumulated amortization of $852,337 and $771,631 | 1,513,506 | 1,355,445 |
| Operating Lease - Right of Use - Building | 2,493,021 | 2,645,723 |
| TOTAL OTHER ASSETS | 4,006,527 | 4,001,168 |
| TOTAL ASSETS | $44,786,666 | $37,807,983 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $388,466 | $515,955 |
| Accrued bonuses and accrued expenses | 403,588 | 877,165 |
| Accounts payable and accrued expenses - related parties | 151,089 | 200,779 |
| Contract liability | 10,708 | 23,208 |
| Operating lease liability | 187,940 | 168,289 |
| TOTAL CURRENT LIABILITIES | 1,141,791 | 1,785,396 |
| LONG TERM LIABILITIES | ||
| Operating lease liability | 2,454,363 | 2,598,682 |
| TOTAL LONG TERM LIABILITIES | 2,454,363 | 2,598,682 |
| TOTAL LIABILITIES | 3,596,154 | 4,384,078 |
| 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, 132,705,151 and 123,301,653 issued and outstanding at September 30, 2025 and December 31, 2024 | 132,705 | 123,302 |
| Additional paid-in-capital | 207,206,267 | 184,363,772 |
| Deferred compensation | (272,311) | (656,735) |
| Accumulated deficit | (165,876,149) | (150,406,434) |
| TOTAL STOCKHOLDERS' EQUITY | 41,190,512 | 33,423,905 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $44,786,666 | $37,807,983 |
See accompanying notes to these financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.