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Segments

By geography

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US$9.38M

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:PropertyPlantAndEquipmentNet.

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 itemMarch 31, 2026December 31, 2025
Accounts Receivable215,753190,753
Prepaid expenses and other current assets1,183,454601,101
TOTAL CURRENT ASSETS76,501,95769,809,208
PROPERTY AND EQUIPMENT - net of accumulated depreciation of $8,277,725 and $7,802,183, respectively5,194,8825,222,252
OTHER ASSETS
Intangible assets - net of accumulated amortization of $398,202 and $473,771, respectively1,829,4331,713,420
Operating Lease - Right of Use - Building2,386,7922,440,369
TOTAL OTHER ASSETS4,216,2254,153,789

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 PP&E (net)?
Lightwave Logic, Inc. (LWLG) reported PP&E (net) of $5.19M in Q1 2026.
How has Lightwave Logic, Inc.'s PP&E (net) changed year-over-year?
Lightwave Logic, Inc.'s PP&E (net) decreased by 15.1% year-over-year, from $6.12M to $5.19M.
What is the long-term trend for Lightwave Logic, Inc.'s PP&E (net)?
Over 5 years (2020 to 2025), Lightwave Logic, Inc.'s PP&E (net) has grown at a 22.8% compound annual growth rate (CAGR), from $1.87M to $5.22M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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