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

Market Summary

USD3.91+0.09

Delayed

2.36%

LWLG Stock Price

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LWLG RSI Chart

LWLG Valuation

Market Cap

469.6M

Price/Earnings (Trailing)

-22.11

Price/Sales (Trailing)

152.0K

Price/Free Cashflow

-27.49

LWLG Price/Sales (Trailing)

LWLG Profitability

Return on Equity

-57.1%

Return on Assets

-50.89%

Free Cashflow Yield

-3.64%

LWLG Fundamentals

LWLG Revenue

Revenue (TTM)

3.2K

LWLG Earnings

Earnings (TTM)

-21.2M

Earnings Growth (Yr)

-3.72%

Earnings Growth (Qtr)

-14.99%

Breaking Down LWLG Revenue

Last 7 days

-0.3%

Last 30 days

-4.4%

Last 90 days

-17.9%

Trailing 12 Months

-28.8%

How does LWLG drawdown profile look like?

LWLG Financial Health

Current Ratio

17.81

LWLG Investor Care

Shares Dilution (1Y)

4.97%

Diluted EPS (TTM)

-0.18

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	0	0	0	0
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
May 16, 2024	Arete Wealth Advisors, LLC	sold off	-100	-112,548	-	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.24	-64,221	522,368	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-80.00	-638,200	147,673	-%
May 16, 2024	First Western Trust Bank	unchanged	-	-70,079	1,093,240	0.05%
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	2.6	-42,701	497,574	0.01%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	sold off	-100	-109,177	-	-%
May 15, 2024	Gateway Wealth Partners, LLC	reduced	-13.86	-12,320	52,346	0.02%
May 15, 2024	MARSHALL WACE, LLP	sold off	-100	-884,459	-	-%
May 15, 2024	Cresset Asset Management, LLC	new	-	46,917	46,917	-%
May 15, 2024	D. E. Shaw & Co., Inc.	new	-	49,519	49,519	-%

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
May 10, 2024	10-Q	Quarterly Report
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

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	58.5B	12.2B	14.71%	-4.63%	23.67	4.81	-7.47%	13.44%
DOW	41.7B	43.5B	4.17%	14.11%	32.86	0.96	-18.61%	-57.39%
CE	17.2B	10.7B	1.84%	46.35%	8.64	1.61	7.11%	34.19%
AVTR	17.0B	6.9B	2.50%	19.86%	65.29	2.47	-6.48%	-57.90%
ALB	15.4B	8.4B	14.63%	-37.60%	45.68	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	4.60%	20.39%	12.77	1.3	-11.38%	33.67%
MID-CAP
CBT	5.7B	3.9B	11.48%	45.92%	12.68	1.45	-8.19%	39.97%
BCPC	5.1B	929.6M	8.37%	26.01%	44	5.44	-1.74%	15.81%
AVNT	4.2B	3.1B	9.33%	16.67%	40.01	1.34	-6.69%	-83.56%
ARCH	2.9B	3.0B	-1.87%	32.89%	9.11	0.99	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	667.0M	1.5B	-6.82%	-28.35%	293.44	0.45	-21.27%	-97.94%
CMT	172.0M	336.4M	-1.31%	-0.84%	9.44	0.51	-12.92%	28.47%
AREC	103.7M	16.7M	-3.68%	-14.38%	-8.76	6.19	-57.58%	-718.66%
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2014Q4	2014Q3	2014Q2	2014Q1	2010Q4	2010Q3
Revenue	-	30.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	3.00
Costs and Expenses	9.3%	5,881	5,379	5,386	5,341	5,160	5,128	4,732	3,768	3,511	-	4,250	3,456	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	3,511	7,394	4,250	3,456	1,896	1,582	1,589	-	-	-	-	-	-
S&GA Expenses	-100.0%	-	1,480	1,345	1,175	1,360	1,317	1,145	987	885	2,679	649	659	533	407	433	-	-	-	-	-	-
R&D Expenses	18.6%	4,621	3,897	4,041	4,166	3,800	3,811	3,588	2,781	2,625	4,715	3,601	2,798	1,363	1,175	1,157	-	-	-	-	-	-
Interest Expenses	-100.0%	-	66.00	25.00	221	362	29.00	73.00	48.00	60.00	726	-	1,083	-	-	-	-	-	-	-	-	-
Net Income	-15.0%	-5,679	-4,939	-5,164	-5,457	-5,476	-5,068	-4,803	-3,802	-3,555	-8,108	-4,248	-4,539	-1,735	-1,606	-1,617	-	-	-	-	-	-
Net Income Margin	-1.0%	-6.64	-6.57	-6.61	-6.50	-5.98	-5.38	-6.33	-6.16	-6.39	-5.82	-3.79	-2.97	-	-	-	-	-	-	-	-	-
Free Cashflow	-46.0%	-5,547	-3,800	-3,745	-3,987	-3,994	-2,902	-3,265	-2,943	-2,727	-6,255	-1,517	-1,888	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.1%	42.00	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
Current Assets	-1.3%	32.00	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
Cash Equivalents	0.2%	32.00	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
Net PPE	8.1%	5.00	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
Liabilities	-15.2%	5.00	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
Current Liabilities	-29.9%	2.00	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
Shareholder's Equity	2.1%	37.00	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
Retained Earnings	-4.4%	-133	-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
Additional Paid-In Capital	3.9%	171	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
Shares Outstanding	1.4%	120	118	117	116	114	113	112	111	111	105	104	102	-	-	-	-	-	-	-	-	-
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-105.5%	-4,772	-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
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	150	163	187
Cashflow From Investing	47.3%	-828	-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
Cashflow From Financing	27.6%	5,678	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

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LWLG Income Statement

2024-03-31

STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($)	3 Months Ended
STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
NET SALES	$ 30,417
COST AND EXPENSE
Cost of sales	5,175
Research and development	4,620,662	3,799,707
General and administrative	1,255,450	1,360,170
TOTAL COST AND EXPENSE	5,881,287	5,159,877
LOSS FROM OPERATIONS	(5,850,870)	(5,159,877)
OTHER INCOME (EXPENSE)
Interest income	253,336	53,287
Commitment fee	(76,977)	(361,694)
Loss on disposal of property and equipment	(3,166)
Other expense	(2,234)	(7,734)
NET LOSS	$ (5,679,911)	$ (5,476,018)
LOSS PER SHARE
Basic	$ (0.05)	$ (0.05)
Diluted	$ (0.05)	$ (0.05)
WEIGHTED AVERAGE NUMBER OF SHARES
Basic	118,950,591	113,270,655
Diluted	118,950,591	113,270,655

LWLG Balance Sheet

2024-03-31

BALANCE SHEETS (UNAUDITED) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 31,509,058	$ 31,432,087
Accounts Receivable	56,760	30,376
Prepaid expenses and other current assets	696,689	1,237,621
TOTAL CURRENT ASSETS	32,262,507	32,700,084
PROPERTY AND EQUIPMENT - NET	5,397,438	4,990,790
OTHER ASSETS
Intangible assets - net	1,286,663	1,254,501
Operating Lease - Right of Use - Building	2,791,199	2,838,210
TOTAL OTHER ASSETS	4,077,862	4,092,711
TOTAL ASSETS	41,737,807	41,783,585
CURRENT LIABILITIES
Accounts payable	1,000,494	1,447,596
Accrued bonuses and accrued expenses	500,049	599,430
Accounts payable and accrued expenses - related parties	97,597	313,483
Deferred revenue	35,708	39,875
Deferred lease liability	27,852	38,297
Operating lease liability	149,962	144,120
TOTAL CURRENT LIABILITIES	1,811,662	2,582,801
LONG TERM LIABILITIES
Operating lease liability	2,726,901	2,766,970
TOTAL LONG TERM LIABILITIES	2,726,901	2,766,970
TOTAL LIABILITIES	4,538,563	5,349,771
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, 119,795,941 and 118,137,309 issued and outstanding at March 31, 2024 and December 31, 2023	119,796	118,137
Additional paid-in-capital	170,998,846	164,619,363
Deferred compensation	(368,094)	(432,293)
Accumulated deficit	(133,551,304)	(127,871,393)
TOTAL STOCKHOLDERS' EQUITY	37,199,244	36,433,814
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 41,737,807	$ 41,783,585

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 Fri May 17 2024, market cap of Lightwave Logic, Inc. is 469.57 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 Fri May 17 2024, LWLG's PE ratio (Price to Earnings) is -22.11 and Price to Sales (PS) ratio is 151.99 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.