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.
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STATEMENTS OF COMPREHENSIVE LOSS
| Three Months Ended September 30, 2025 | Three Months Ended September 30, 2024 | Nine Months Ended September 30, 2025 | Nine Months Ended September 30, 2024 | |
|---|---|---|---|---|
| NET SALES | $29,166 | $22,916 | $77,688 | $72,688 |
| COST AND EXPENSE | ||||
| Cost of sales | — | 1,236 | 5,491 | 6,411 |
| Research and development | 2,917,473 | 3,828,301 | 8,648,632 | 12,811,221 |
| General and administrative | 2,290,839 | 1,490,481 | 7,113,774 | 4,642,603 |
| TOTAL COST AND EXPENSE | 5,208,312 | 5,320,018 | 15,767,897 | 17,460,235 |
| LOSS FROM OPERATIONS | (5,179,146) | (5,297,102) | (15,690,209) | (17,387,547) |
| OTHER INCOME (EXPENSE) | ||||
| Interest income | 193,341 | 222,404 | 549,442 | 727,470 |
| Commitment fee | (80,210) | (15,875) | (324,040) | (121,834) |
| Loss on disposal of property and equipment and intangible assets | (34,425) | (210,274) | (5,625) | (213,440) |
| Other expense (income) | (119) | (66) | 717 | (5,157) |
| NET LOSS | $(5,100,559) | $(5,300,913) | $(15,469,715) | $(17,000,508) |
| LOSS PER SHARE | ||||
| Basic and diluted | $(0.04) | $(0.04) | $(0.12) | $(0.14) |
| WEIGHTED AVERAGE NUMBER OF SHARES | ||||
| Basic and diluted | 129,644,824 | 120,901,708 | 126,303,617 | 120,005,472 |
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