What is Lightwave Logic, Inc.'s royalty income?

Lightwave Logic, Inc. (LWLG) reported royalty income of $50K in Q2 2023.

What does royalty income mean?

Income generated from licensing proprietary technology, patents, or intellectual property to third parties. It serves as a measure of the commercial viability and market demand for the company's underlying technology portfolio.

Lightwave Logic, Inc. LWLG Royalty income

Royalty income at other companies

Lightwave Logic, Inc.LWLG

$50K—

Lexicon PharmaceuticalsLXRX

$12K—

Carter'sCRI

$4.53M-6.0%

Helix Energy Solutions GroupHLX

$1.69M+19.2%

Sarepta Therapeutics, Inc.SRPT

$4.18M+5.8%

PfizerPFE

$396M+28.6%

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$1.29B+747%

Enterprise value$1.22B+837%

P/S5,317.6×+3,586×

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 / equity0×-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:RoyaltyIncomeNonoperating.

The official record: Lightwave Logic, Inc.’s 10-Q, filed August 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lightwave Logic, Inc.'s royalty income?: Lightwave Logic, Inc. (LWLG) reported royalty income of $50K in Q2 2023.
What does royalty income mean?: Income generated from licensing proprietary technology, patents, or intellectual property to third parties. It serves as a measure of the commercial viability and market demand for the company's underlying technology portfolio.