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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%
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$1.17B+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:NetIncomeLoss.

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
Commitment fee(8,029)
Gain (loss) on disposal of property and equipment and intangible assets(36,409)28,800
Other expense(76)(262)
NET LOSS$(6,300,540)$(4,697,024)
LOSS PER SHARE
Basic and diluted$(0.04)$(0.04)
WEIGHTED AVERAGE NUMBER OF SHARES
Basic and diluted148,086,169123,931,841

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 net income?
Lightwave Logic, Inc. (LWLG) reported net income of -$6.3M in Q1 2026.
How has Lightwave Logic, Inc.'s net income changed year-over-year?
Lightwave Logic, Inc.'s net income decreased by 34.1% year-over-year, from -$4.7M to -$6.3M.
What is the long-term trend for Lightwave Logic, Inc.'s net income?
Over 4 years (2021 to 2025), Lightwave Logic, Inc.'s net income has grown at a 2.2% compound annual growth rate (CAGR), from -$18.63M to -$20.31M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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