LWLG Stock Price, Lightwave Logic, Inc. Quote, Chart

Market Summary

USD3.69-0.07

Market Closed

-1.86%

LWLG Stock Price

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LWLG RSI Chart

LWLG Valuation

Market Cap

448.1M

Price/Earnings (Trailing)

-21.3

Price/Sales (Trailing)

11.1K

Price/Free Cashflow

-28.86

LWLG Price/Sales (Trailing)

LWLG Profitability

Return on Equity

-57.74%

Return on Assets

-50.35%

Free Cashflow Yield

-3.47%

LWLG Fundamentals

LWLG Revenue

Revenue (TTM)

40.5K

LWLG Earnings

Earnings (TTM)

-21.0M

Earnings Growth (Yr)

2.55%

Earnings Growth (Qtr)

4.35%

Breaking Down LWLG Revenue

Last 7 days

-5.7%

Last 30 days

-9.2%

Last 90 days

-13.7%

Trailing 12 Months

-15.6%

How does LWLG drawdown profile look like?

LWLG Financial Health

Current Ratio

12.66

LWLG Investor Care

Shares Dilution (1Y)

3.83%

Diluted EPS (TTM)

-0.18

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	40.5K
2022	0	0	0	0
2021	0	0	0	0
2020	0	0	0	0
2014	0	0	0	0
2010	0	0	0	3.2K

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Tracking the Latest Insider Buys and Sells of Lightwave Logic, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	leonberger frederick j	sold	-350,528	4.6737	-75,000	-
Dec 13, 2023	leonberger frederick j	acquired	71,000	0.71	100,000	-
Dec 06, 2023	bucchi ronald a	acquired	-	-	50,000	-
Dec 06, 2023	bucchi ronald a	sold	-128,343	4.75345	-27,000	-
Jul 19, 2023	leonberger frederick j	sold	-379,750	7.75	-49,000	-
Jul 19, 2023	leonberger frederick j	acquired	39,070	0.797347	49,000	-
Jun 12, 2023	el-ahmadi siraj nour	sold	-777,000	7.77	-100,000	-
Jun 12, 2023	el-ahmadi siraj nour	acquired	82,500	0.825	100,000	-
Jun 06, 2023	bucchi ronald a	sold	-226,663	8.205	-27,625	-
Jun 06, 2023	bucchi ronald a	acquired	42,000	0.84	50,000	-

Which funds bought or sold LWLG recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.13	-63,000	18,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	118	796	-%
Apr 23, 2024	Walkner Condon Financial Advisors LLC	reduced	-52.85	-178,693	142,380	0.03%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	30,959	302,301	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-0.11	-4,842	74,136	-%
Apr 19, 2024	Veery Capital, LLC	sold off	-100	-52,355	-	-%
Apr 11, 2024	ROCKLAND TRUST CO	unchanged	-	-4,425	69,030	-%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Apr 01, 2024	Global Wealth Strategies & Associates	unchanged	-	-150	2,340	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	unchanged	-	1,530	14,940	0.01%

Are Funds Buying or Selling LWLG?

Are funds buying LWLG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LWLG

No. of Funds

Unveiling Lightwave Logic, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.17%	8,386,612	SC 13G/A
Jan 26, 2024	blackrock inc.	7.3%	8,591,097	SC 13G/A
Feb 09, 2023	vanguard group inc	5.83%	6,579,011	SC 13G
Feb 03, 2023	blackrock inc.	6.4%	7,232,043	SC 13G

Recent SEC filings of Lightwave Logic, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	DEF 14A	DEF 14A
Mar 25, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 26, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Lightwave Logic, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	52.0B	12.4B	-1.27%	-20.32%	22.25	4.19	-3.54%	3.06%
DOW	40.0B	44.6B	-1.61%	2.46%	60.68	0.9	-21.58%	-85.78%
AVTR	17.4B	7.0B	-1.61%	27.30%	54.18	2.5	-7.26%	-53.23%
CE	17.0B	10.9B	-5.63%	47.70%	8.67	1.55	13.10%	3.48%
ALB	13.4B	9.6B	-5.52%	-37.93%	8.52	1.39	31.38%	-41.50%
EMN	11.4B	9.2B	1.63%	17.76%	12.71	1.23	-12.95%	12.74%
MID-CAP
CBT	5.2B	3.9B	3.43%	24.94%	11.64	1.32	-9.12%	26.64%
BCPC	4.7B	922.4M	-6.77%	12.46%	43.13	5.07	-2.11%	3.01%
AVNT	3.9B	3.1B	4.71%	9.92%	51.93	1.26	-7.48%	-89.19%
ARCH	2.9B	3.1B	-3.66%	24.21%	6.23	0.91	-15.54%	-65.21%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	725.4M	1.5B	1.53%	-30.74%	13.28	0.47	-21.18%	-60.55%
CMT	176.9M	357.7M	5.18%	0.56%	8.71	0.49	-5.20%	66.55%
AREC	105.7M	16.7M	-6.76%	14.05%	9.54	6.31	-57.58%	866.09%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Lightwave Logic, Inc. News

Latest updates

Lightwave Logic, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2014Q4	2014Q3	2014Q2	2014Q1	2010Q4	2010Q3	2010Q2
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00
Costs and Expenses	-0.1%	5,379	5,386	5,341	5,160	5,128	-	4,250	3,456	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	7,394	4,250	3,456	1,896	1,582	1,589	-	-	-	-	-	-	-
S&GA Expenses	10.0%	1,480	1,345	1,175	1,360	1,317	2,679	649	659	533	407	433	-	-	-	-	-	-	-
R&D Expenses	-3.6%	3,897	4,041	4,166	3,800	3,811	4,715	3,601	2,798	1,363	1,175	1,157	-	-	-	-	-	-	-
Interest Expenses	160.3%	66.00	25.00	221	362	29.00	726	-	1,083	-	-	-	-	-	-	-	-	-	-
Net Income	4.4%	-4,939	-5,164	-5,457	-5,476	-5,068	-8,108	-4,248	-4,539	-1,735	-1,606	-1,617	-	-	-	-	-	-	-
Net Income Margin	-Infinity%	-519.43*	-	-6.50	-5.98	-5.38	-5.82	-3.79	-2.97	-2.07	-2.10	-	-	-	-	-	-	-	-
Free Cashflow	-1.5%	-3,800	-3,745	-3,987	-3,994	-2,836	-5,990	-1,517	-1,888	-1,739	-1,461	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.9%	42.00	39.00	41.00	31.00	29.00	30.00	29.00	28.00	27.00	16.00	18.00	10.00	7.00	6.00	7.00	6.00	7.00	7.00	7.00	6.00	5.00
Current Assets	4.0%	33.00	31.00	33.00	27.00	25.00	26.00	26.00	25.00	24.00	13.00	14.00	7.00	4.00	3.00	3.00	2.00	3.00	2.00	3.00	3.00	3.00
Cash Equivalents	1.8%	31.00	31.00	33.00	26.00	24.00	25.00	25.00	24.00	23.00	12.00	14.00	7.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Net PPE	38.7%	5.00	4.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Liabilities	45.2%	5.00	4.00	4.00	1.00	2.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00
Current Liabilities	196.0%	3.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	2.00	1.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00
Shareholder's Equity	2.9%	36.00	35.00	37.00	30.00	28.00	29.00	28.00	27.00	25.00	15.00	17.00	10.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Retained Earnings	-4.0%	-127	-122	-117	-112	-106	-101	-96.96	-93.16	-89.60	-81.49	-77.25	-72.71	-70.97	-69.36	-67.75	-66.08	-64.26	-62.77	-61.16	-59.55	-57.53
Additional Paid-In Capital	3.7%	165	159	155	143	134	131	125	120	115	96.00	94.00	82.00	77.00	74.00	72.00	71.00	69.00	67.00	66.00	64.00	62.00
Shares Outstanding	1.2%	118	117	116	114	113	112	111	111	105	104	102	100	-	-	-	-	-	-	-	-	-
Float	-	-	-	805	-	-	-	728	-	-	-	1,542	-	-	-	70.00	-	-	-	85.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	20.2%	-2,322	-2,909	-3,255	-3,748	-2,766	-2,466	-2,753	-2,545	-6,004	-1,307	-1,738	-1,253	-1,349	-1,180	-1,021	-1,322	-1,211	-1,116	-1,290	-1,146	-996
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	150	163	187	49.00
Cashflow From Investing	-79.9%	-1,571	-873	-802	290	-402	-1,392	-192	-221	-254	-207	-161	-493	-132	-46.32	-25.47	-13.50	-38.13	-135	-76.90	-54.95	-165
Cashflow From Financing	119.8%	4,449	2,024	10,526	5,525	2,249	4,051	3,438	3,673	17,497	-203	9,292	4,962	2,588	1,205	1,241	1,128	1,318	1,217	1,285	1,313	1,132

LWLG Income Statement

2023-12-31

STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	12 Months Ended
STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
NET SALES	$ 40,502
COST AND EXPENSE
Cost of sales	2,513
Research and development	15,903,689	12,805,374	12,476,040
General and administrative	5,359,565	4,334,290	4,520,403
TOTAL COST AND EXPENSE	21,265,767	17,139,664	16,996,443
LOSS FROM OPERATIONS	(21,225,265)	(17,139,664)	(16,996,443)
OTHER INCOME (EXPENSE)
Paycheck Protection Program loan forgiveness			410,700
Interest income	657,546	91,659	13,826
Commitment fee	(673,578)	(209,709)	(2,059,464)
Gain on disposal of property and equipment	215,509
Other (expense) income	(12,244)	27,234
NET LOSS	$ (21,038,032)	$ (17,230,480)	$ (18,631,381)
LOSS PER SHARE
Basic	$ (0.18)	$ (0.15)	$ (0.18)
Diluted	$ (0.18)	$ (0.15)	$ (0.18)
WEIGHTED AVERAGE NUMBER OF SHARES
Basic	115,467,300	111,814,926	105,223,959
Diluted	115,467,300	111,814,926	105,223,959

LWLG Balance Sheet

2023-12-31

BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 31,432,087	$ 24,102,151
Accounts Receivable	30,376
Prepaid expenses and other current assets	1,237,621	611,345
Loan receivable		642,120
TOTAL CURRENT ASSETS	32,700,084	25,355,616
PROPERTY AND EQUIPMENT - NET	4,990,790	2,519,267
OTHER ASSETS
Intangible assets - net	1,254,501	1,030,335
Operating Lease - Right of Use - Building	2,838,210	358,254
TOTAL OTHER ASSETS	4,092,711	1,388,589
TOTAL ASSETS	41,783,585	29,263,472
CURRENT LIABILITIES
Accounts payable	1,447,596	791,671
Accrued bonuses and accrued expenses	599,430	380,280
Accounts payable and accrued expenses - related parties	313,483	100,169
Deferred revenue	39,875
Deferred lease liability	38,297	41,778
Operating lease liability	144,120	190,125
TOTAL CURRENT LIABILITIES	2,582,801	1,504,023
LONG TERM LIABILITIES
Deferred lease liability		38,297
Operating lease liability	2,766,970	168,129
TOTAL LONG TERM LIABILITIES	2,766,970	206,426
TOTAL LIABILITIES	5,349,771	1,710,449
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value, 1,000,000 authorized, no shares issued or outstanding
Common stock $0.001 par value, 250,000,000 authorized,118,137,309 and 112,882,793 issued and outstanding at December 31, 2023 and December 31, 2022	118,137	112,883
Additional paid-in-capital	164,619,363	134,406,825
Deferred compensation	(432,293)	(133,324)
Accumulated deficit	(127,871,393)	(106,833,361)
TOTAL STOCKHOLDERS' EQUITY	36,433,814	27,553,023
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 41,783,585	$ 29,263,472

About Lightwave Logic, Inc.

Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

CEO	Dr. Michael S. Lebby Ph.D.
WEBSITE	https://lightwavelogic.com
INDUSTRY	Chemicals
EMPLOYEES	21

Lightwave Logic, Inc. Frequently Asked Questions

What is the ticker symbol for Lightwave Logic, Inc.? What does LWLG stand for in stocks?

LWLG is the stock ticker symbol of Lightwave Logic, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lightwave Logic, Inc. (LWLG)?

As of Tue Apr 23 2024, market cap of Lightwave Logic, Inc. is 448.13 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LWLG stock?

You can check LWLG's fair value in chart for subscribers.

What is the fair value of LWLG stock?

You can check LWLG's fair value in chart for subscribers. The fair value of Lightwave Logic, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lightwave Logic, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LWLG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lightwave Logic, Inc. a good stock to buy?

The fair value guage provides a quick view whether LWLG is over valued or under valued. Whether Lightwave Logic, Inc. is cheap or expensive depends on the assumptions which impact Lightwave Logic, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LWLG.

What is Lightwave Logic, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, LWLG's PE ratio (Price to Earnings) is -21.3 and Price to Sales (PS) ratio is 11.06 Thousand. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LWLG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lightwave Logic, Inc.'s stock?

In the past 10 years, Lightwave Logic, Inc. has provided 0.165 (multiply by 100 for percentage) rate of return.