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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%
CapEx$450.5K-47.2%
Free cash flow-$4.5M-3.9%

Valuation

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Market cap$1.25B+361%
Enterprise value$1.18B+367%
P/S5,140.1×+2,264×

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Lightwave Logic, Inc.’s 10-K, filed March 20, 2026.

Filed
Mar 20, 2026, 4:35 PM EDT
Fiscal year
FY2025
Accession
0001079973-26-000348
Schedule of loss before provision for income taxes20252024
Domestic$(20,313,797)$(22,535,041)
Foreign
Loss before income taxes$(20,313,797)$(22,535,041)

Item 16. Form 10-K Summary Item 16. Form 10-K Summary

FAQ

What is Lightwave Logic, Inc.'s pre-tax income?
Lightwave Logic, Inc. (LWLG) reported pre-tax income of -$5.08M in Q4 2025.
How has Lightwave Logic, Inc.'s pre-tax income changed year-over-year?
Lightwave Logic, Inc.'s pre-tax income increased by 9.9% year-over-year, from -$5.63M to -$5.08M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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