Lightwave Logic, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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, 2025 · Filed Nov 14, 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 STOCKHOLDERS’ EQUITY
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated Deficit | Total | |
|---|---|---|---|---|---|---|
| BALANCE AT JUNE 30, 2025 | 126,466,708 | $126,467 | $189,836,354 | $(353,061) | $(160,775,590) | 28,834,170 |
| Common stock issued to institutional investor | 1,250,000 | 1,250 | 2,317,255 | — | — | 2,318,505 |
| Common stock issued for commitment shares | 37,884 | 38 | 80,172 | — | — | 80,210 |
| Common stock sales at the market by investment banking company | 4,673,694 | 4,673 | 13,865,621 | — | — | 13,870,294 |
| Exercise of options | 60,250 | 60 | 46,619 | — | — | 46,679 |
| Options issued for services | — | — | 410,948 | — | — | 410,948 |
| Performance stock units (PSUs) issued for services | — | — | 171,650 | — | — | 171,650 |
| Restricted stock units (RSUs) issued for services | 216,615 | 217 | 477,648 | — | — | 477,865 |
| Deferred compensation | — | — | — | 80,750 | — | 80,750 |
| Net loss for the three months ended September 30, 2025 | — | — | — | — | (5,100,559) | (5,100,559) |
| BALANCE AT SEPTEMBER 30, 2025 | 132,705,151 | $132,705 | $207,206,267 | $(272,311) | $(165,876,149) | $41,190,512 |
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated Deficit | Total | |
|---|---|---|---|---|---|---|
| BALANCE AT DECEMBER 31, 2024 | 123,301,653 | $123,302 | $184,363,772 | $(656,735) | $(150,406,434) | $33,423,905 |
| Common stock issued to institutional investor | 2,935,881 | 2,936 | 4,490,552 | — | — | 4,493,488 |
| Common stock issued for commitment shares | 299,270 | 299 | 323,741 | — | — | 324,040 |
| Common stock sales at the market by investment banking company | 5,042,105 | 5,041 | 14,372,501 | — | — | 14,377,542 |
| Exercise of options | 342,750 | 343 | 250,336 | — | — | 250,679 |
| Cashless exercise of 1,350,000 options | 434,148 | 434 | 533,140 | — | — | 533,574 |
| Options issued for services | — | — | 1,693,640 | — | — | 1,693,640 |
| Options issued to settle accrued bonuses | — | — | 48,068 | — | — | 48,068 |
| Performance stock units (PSUs) issued for services | — | — | 556,575 | — | — | 556,575 |
| Restricted stock units (RSUs) issued for services | 216,615 | 217 | 488,761 | — | — | 488,978 |
| Restricted stock awards issued for services, net of forfeitures and share settlement for taxes | 132,729 | 133 | 85,181 | (98,189) | — | (12,875) |
| Deferred compensation | — | — | — | 482,613 | — | 482,613 |
| Net loss for the nine months ended September 30, 2025 | — | — | — | — | (15,469,715) | (15,469,715) |
| BALANCE AT SEPTEMBER 30, 2025 | 132,705,151 | $132,705 | $207,206,267 | $(272,311) | $(165,876,149) | $41,190,512 |
STATEMENTS OF STOCKHOLDERS’ EQUITY
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated 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 |
| Options issued for services | — | — | 1,130,783 | — | — | 1,130,783 |
| Restricted stock awards issued for 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 |
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated 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 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.