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Other financials

Income statement

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Revenue$29.2K+27.3%
Gross profit$27.8K+33.2%
Operating income-$6.7M-37.1%
Net income-$6.3M-34.1%
EPS (diluted)-$0.040.0%

Balance sheet

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Cash & equivalents$75.1M+200%
Total debt$2.6M-6.4%
Total equity$81.3M+158%
Total assets$85.9M+141%

Cash flow

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Operating cash flow-$4.1M-16.4%
Free cash flow-$4.5M-3.9%

Valuation

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Market cap$1.17B+358%
Enterprise value$1.1B+365%
P/S4,810.5×+2,107×

Profitability

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Gross margin97.5%+2.3pp
Operating margin-9,288.7%-3,592pp
Net margin-9,015.6%-3,489pp
FCF margin-6,272.6%-2,511pp

Returns & leverage

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Return on equity-38.8%-10.7pp
Debt / equity-0.1×
Current ratio34×+17.4×

Where this comes from

Reported directly by Lightwave Logic, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Lightwave Logic, Inc.’s 10-Q, filed May 15, 2026.

Filed
May 15, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001553350-26-000087
Line item20262025
Net cash used in operating activities(4,061,179)(3,490,131)
CASH FLOWS FROM INVESTING ACTIVITIES
Cost of intangibles(170,944)(45,878)
Purchase of property and equipment(450,466)(853,544)
Net cash used in investing activities(621,410)(899,422)
CASH FLOWS FROM FINANCING ACTIVITIES
Exercise of options1,862,119163,500
Tax payment on net issuance of vested restricted stock units(2,088,366)

Item 1.A “Risk Factors” in this report on Form 10-Q. Many factors could cause our actual results to differ materially from

FAQ

What is Lightwave Logic, Inc.'s capex?
Lightwave Logic, Inc. (LWLG) reported capex of $450.47K in Q1 2026.
How has Lightwave Logic, Inc.'s capex changed year-over-year?
Lightwave Logic, Inc.'s capex decreased by 47.2% year-over-year, from $853.54K to $450.47K.
What is the long-term trend for Lightwave Logic, Inc.'s capex?
Over 4 years (2021 to 2025), Lightwave Logic, Inc.'s capex has grown at a 5.0% compound annual growth rate (CAGR), from $1.1M to $1.33M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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