Lightwave Logic, Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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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.
Mar 31, 2026 · Filed May 15, 2026
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 CHANGES IN STOCKHOLDERS’ EQUITY
(UNAUDITED, RESTATED)
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated Deficit | Total | |
|---|---|---|---|---|---|---|
| BALANCE AT DECEMBER 31, 2025 | 146,050,506 | $146,051 | $242,016,025 | $(203,458) | $(167,312,788) | $74,645,830 |
| Common stock sales at the market by investment banking company | 829,741 | 830 | 6,543,577 | — | — | 6,544,407 |
| Common stock issued to investment bank | 1,750,000 | 1,750 | 4,929,178 | — | — | 4,930,928 |
| Exercise of options | 1,167,936 | 1,168 | 1,860,951 | — | — | 1,862,119 |
| Cashless exercise of 200,000 options | 186,030 | 186 | (186) | — | — | — |
| Options issued for services | — | — | 331,530 | — | — | 331,530 |
| Restricted stock units issued for services, net of share settlement for taxes | 516,497 | 517 | (746,150) | — | — | (745,633) |
| Deferred compensation | — | — | — | 43,266 | — | 43,266 |
| Net loss for the three months ended March 31, 2026 | — | — | — | — | (6,300,540) | (6,300,540) |
| BALANCE AT MARCH 31, 2026 (UNAUDITED) | 150,500,710 | $150,502 | $254,934,925 | $(160,192) | $(173,613,328) | $81,311,907 |
| Number of Shares | Common Stock | Additional Paid-in Capital | Deferred Compensation | Accumulated Deficit | Total | |
|---|---|---|---|---|---|---|
| BALANCE AT DECEMBER 31, 2024 (as restated) (see Note 2) | 123,301,653 | $123,302 | $180,956,329 | $(656,735) | $(146,998,991) | $33,423,905 |
| Common stock issued to institutional investor | 1,035,881 | 1,036 | 1,485,947 | — | — | 1,486,983 |
| Common stock issued for commitment shares | 5,046 | 5 | 8,024 | — | — | 8,029 |
| Common stock sales at the market by investment banking company | 50,000 | 50 | 116,385 | — | — | 116,435 |
| Exercise of options | 225,000 | 225 | 163,275 | — | — | 163,500 |
| Cashless exercise of 50,000 options | 16,942 | 17 | 20,483 | — | — | 20,500 |
| Options issued for services | — | — | 749,042 | — | — | 749,042 |
| Options issued to settle accrued bonuses | — | — | 48,068 | — | — | 48,068 |
| Restricted stock awards issued for services | 20,000 | 20 | 29,980 | (30,000) | — | — |
| Deferred compensation | — | — | — | 230,150 | — | 230,150 |
| Net loss for the three months ended March 31, 2025 | — | — | — | — | (4,697,024) | (4,697,024) |
| BALANCE AT MARCH 31, 2025 (as restated) (UNAUDITED) | 124,654,522 | $124,655 | $183,577,533 | $(456,585) | $(151,696,015) | $31,549,588 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.