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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$29.2K+27.3%
Gross profit$27.8K+33.2%
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$1.17B+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:OperatingIncomeLoss.

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
Research and development3,490,2953,089,218
General and administrative3,262,8661,837,052
TOTAL COST AND EXPENSE6,754,4974,928,298
LOSS FROM OPERATIONS(6,725,330)(4,905,381)
OTHER INCOME (EXPENSES)
Interest income461,275187,848
Commitment fee(8,029)
Gain (loss) on disposal of property and equipment and intangible assets(36,409)28,800

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 operating income?
Lightwave Logic, Inc. (LWLG) reported operating income of -$6.73M in Q1 2026.
How has Lightwave Logic, Inc.'s operating income changed year-over-year?
Lightwave Logic, Inc.'s operating income decreased by 37.1% year-over-year, from -$4.91M to -$6.73M.
What is the long-term trend for Lightwave Logic, Inc.'s operating income?
Over 4 years (2021 to 2025), Lightwave Logic, Inc.'s operating income has grown at a 5.1% compound annual growth rate (CAGR), from -$17M to -$20.76M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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