For the quarter ending 2026-03-31, LWLG has $85,913,064 in assets. $4,601,157 in debts. $75,102,750 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 75,102,750 | 34,942,070 | 22,106,946 | |
| Accounts receivable | 215,753 | 35,753 | 10,753 | |
| Prepaid expenses and other current assets | 1,183,454 | 482,691 | 638,856 | |
| Total current assets | 76,501,957 | 35,460,514 | 22,756,555 | |
| Property and equipment - net of accumulated depreciation of 8,277,725 and 7,802,183, respectively | 5,194,882 | 5,319,625 | 5,724,559 | |
| Intangible assets - net of accumulated amortization of 398,202 and 473,771, respectively | 1,829,433 | 1,513,506 | 1,410,368 | |
| Operating lease - right of use - building | 2,386,792 | 2,493,021 | 2,544,785 | |
| Total other assets | 4,216,225 | 4,006,527 | 3,955,153 | |
| Total assets | 85,913,064 | 44,786,666 | 32,436,267 | |
| Accounts payable | 779,716 | 388,466 | 320,543 | |
| Accrued bonuses and accrued expenses | 1,266,857 | 403,588 | 434,222 | |
| Accounts payable and accrued expenses - related parties | - | 151,089 | 147,420 | |
| Contract liability | 2,375 | 10,708 | 14,875 | |
| Operating lease liability | 201,821 | 187,940 | 181,248 | |
| Total current liabilities | 2,250,769 | 1,141,791 | 1,098,308 | |
| Operating lease liability | 2,350,388 | 2,454,363 | 2,503,789 | |
| Total long term liabilities | 2,350,388 | 2,454,363 | 2,503,789 | |
| Total liabilities | 4,601,157 | 3,596,154 | 3,602,097 | |
| Common stock 0.001 par value, 250,000,000 authorized, 150,500,710 and 146,050,506 issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 150,502 | 132,705 | 126,467 | |
| Additional paid-in-capital | 254,934,925 | 207,206,267 | 185,723,412 | |
| Deferred compensation | 160,192 | 272,311 | 353,061 | |
| Accumulated deficit | -173,613,328 | -165,876,149 | -156,662,648 | |
| Total stockholders' equity | 81,311,907 | 41,190,512 | 28,834,170 | |
| Total liabilities and stockholders' equity | 85,913,064 | 44,786,666 | 32,436,267 | |
Lightwave Logic, Inc. (LWLG)
Lightwave Logic, Inc. (LWLG)