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Lightwave Logic, Inc. (LWLG)

Lightwave Logic, Inc. (LWLG)

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Balance Sheets Overview

Current Ratio
6283.75%
Quick Ratio
6283.75%
Cash Ratio
3024.69%
Debt to Asset Ratio
3.57%
Unit: Dollar
Assets Breakdown
    • Marketable securities
    • Cash and cash equivalents
    • Operating lease - right of use a...
    • Accounts receivable
Liabilities Breakdown
    • Additional paid-in-capital
    • Accumulated deficit
    • Long-term operating lease liabil...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-09-30
2025-06-30
Cash and cash equivalents
47,209,148
75,102,750
34,942,070
22,106,946
Marketable securities
48,701,814
-
-
-
Accounts receivable
16,129
215,753
35,753
10,753
Prepaid expenses and other current assets
2,149,099
1,183,454
482,691
638,856
Total current assets
98,076,190
76,501,957
35,460,514
22,756,555
Property and equipment - net of accumulated depreciation of 8,749,364 and 7,802,183, respectively
5,791,113
5,194,882
5,319,625
5,724,559
Intangible assets - net of accumulated amortization of 417,462 and 473,771, respectively
1,879,357
1,829,433
1,513,506
1,410,368
Operating lease - right of use asset
2,332,229
2,386,792
2,493,021
2,544,785
Total other assets
4,211,586
4,216,225
4,006,527
3,955,153
Total assets
108,078,889
85,913,064
44,786,666
32,436,267
Accounts payable
445,397
779,716
388,466
320,543
Accrued bonuses and accrued expenses
806,337
1,266,857
403,588
434,222
Accounts payable and accrued expenses - related parties
-
-
151,089
147,420
Contract liability
100,000
2,375
10,708
14,875
Current operating lease liability
209,057
201,821
187,940
181,248
Total current liabilities
1,560,791
2,250,769
1,141,791
1,098,308
Long-term operating lease liability
2,294,732
2,350,388
2,454,363
2,503,789
Total long term liabilities
2,294,732
2,350,388
2,454,363
2,503,789
Total liabilities
3,855,523
4,601,157
3,596,154
3,602,097
Common stock 0.001 par value, 250,000,000 authorized, 154,166,422 and 146,050,506 issued and outstanding, respectively
154,167
150,502
132,705
126,467
Additional paid-in-capital
284,458,018
254,934,925
207,206,267
185,723,412
Deferred compensation
112,793
160,192
272,311
353,061
Accumulated deficit
-180,227,125
-173,613,328
-165,876,149
-156,662,648
Accumulated other comprehensive loss
-48,901
-
-
-
Total stockholders' equity
104,223,366
81,311,907
41,190,512
28,834,170
Total liabilities and stockholders' equity
108,078,889
85,913,064
44,786,666
32,436,267
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Marketable securities$48,701,814 Cash and cashequivalents$47,209,148 (113.55%↑ Y/Y)Prepaid expenses andother current assets$2,149,099 (236.40%↑ Y/Y)Accounts receivable$16,129 (50.00%↑ Y/Y)Operating lease - right ofuse asset$2,332,229 (-8.35%↓ Y/Y)Intangible assets - net ofaccumulated amortization of...$1,879,357 (33.25%↑ Y/Y)Total current assets$98,076,190 (330.98%↑ Y/Y)Property and equipment -net of accumulated...$5,791,113 (1.16%↑ Y/Y)Total other assets$4,211,586 (6.48%↑ Y/Y)Total assets$108,078,889 (233.20%↑ Y/Y)Total liabilities andstockholders' equity$108,078,889 (233.20%↑ Y/Y)Total stockholders'equity$104,223,366 (261.46%↑ Y/Y)Total liabilities$3,855,523 (7.04%↑ Y/Y)Accumulated deficit-$180,227,125 (-15.04%↓ Y/Y)Deferred compensation$112,793 (-68.05%↓ Y/Y)Accumulated othercomprehensive loss-$48,901 Additionalpaid-in-capital$284,458,018 (53.16%↑ Y/Y)Total long termliabilities$2,294,732 (-8.35%↓ Y/Y)Total currentliabilities$1,560,791 (42.11%↑ Y/Y)Common stock 0.001 parvalue, 250,000,000...$154,167 (21.90%↑ Y/Y)Long-term operating leaseliability$2,294,732 (-8.35%↓ Y/Y)Accrued bonuses andaccrued expenses$806,337 (85.70%↑ Y/Y)Accounts payable$445,397 (38.95%↑ Y/Y)Current operating leaseliability$209,057 (15.34%↑ Y/Y)Contract liability$100,000 (572.27%↑ Y/Y)