Lightwave Logic, Inc.
For the period ended Dec 31, 2025. Filed Mar 20, 2026.
View on SEC.govAbout this filing
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.
FY2025 · Filed Mar 20, 2026
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
BALANCE SHEETS
LIGHTWAVE LOGIC, INC.
BALANCE SHEETS
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Restated | ||
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $69,017,354 | $27,667,964 |
| Accounts Receivable | 190,753 | 45,565 |
| Prepaid expenses and other current assets | 601,101 | 401,741 |
| TOTAL CURRENT ASSETS | 69,809,208 | 28,115,270 |
| PROPERTY AND EQUIPMENT - net of accumulated depreciation of $7,802,183 and $6,037,723 | 5,222,252 | 5,691,545 |
| OTHER ASSETS | ||
| Intangible assets - net of accumulated amortization of $473,771 and $771,631 | 1,713,420 | 1,355,445 |
| Operating Lease - Right of Use - Building | 2,440,369 | 2,645,723 |
| TOTAL OTHER ASSETS | 4,153,789 | 4,001,168 |
| TOTAL ASSETS | $79,185,249 | $37,807,983 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $477,939 | $515,955 |
| Accrued bonuses and accrued expenses | 1,400,008 | 877,165 |
| Accounts payable and accrued expenses - related parties | 56,250 | 200,779 |
| Contract liability | 6,541 | 23,208 |
| Operating lease liability | 194,770 | 168,289 |
| TOTAL CURRENT LIABILITIES | 2,135,508 | 1,785,396 |
| LONG TERM LIABILITIES | ||
| Operating lease liability | 2,403,911 | 2,598,682 |
| TOTAL LONG TERM LIABILITIES | 2,403,911 | 2,598,682 |
| TOTAL LIABILITIES | 4,539,419 | 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, 146,050,506 and 123,301,653 issued and outstanding at December 31, 2025 and December 31, 2024 | 146,051 | 123,302 |
| Additional paid-in-capital | 242,016,025 | 180,956,329 |
| Deferred compensation | (203,458) | (656,735) |
| Accumulated deficit | (167,312,788) | (146,998,991) |
| TOTAL STOCKHOLDERS' EQUITY | 74,645,830 | 33,423,905 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $79,185,249 | $37,807,983 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.