LWLG: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, LWLG has $44,786,666 in assets. $3,596,154 in debts. $34,942,070 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	34,942,070	22,106,946
Accounts receivable	35,753	10,753
Prepaid expenses and other current assets	482,691	638,856
Total current assets	35,460,514	22,756,555
Property and equipment - net of accumulated depreciation of 7,366,487 and 6,037,723	5,319,625	5,724,559
Intangible assets - net of accumulated amortization of 852,337 and 771,631	1,513,506	1,410,368
Operating lease - right of use - building	2,493,021	2,544,785
Total other assets	4,006,527	3,955,153
Total assets	44,786,666	32,436,267

Accounts payable	388,466	320,543
Accrued bonuses and accrued expenses	403,588	434,222
Accounts payable and accrued expenses - related parties	151,089	147,420
Contract liability	10,708	14,875
Operating lease liability	187,940	181,248
Total current liabilities	1,141,791	1,098,308
Operating lease liability	2,454,363	2,503,789
Total long term liabilities	2,454,363	2,503,789
Total liabilities	3,596,154	3,602,097
Common stock 0.001 par value, 250,000,000 authorized, 132,705,151 and 123,301,653 issued and outstanding at september 30, 2025 and december 31, 2024	132,705	126,467
Additional paid-in-capital	207,206,267	185,723,412
Deferred compensation	272,311	353,061
Accumulated deficit	-165,876,149	-156,662,648
Total stockholders' equity	41,190,512	28,834,170
Total liabilities and stockholders' equity	44,786,666	32,436,267

Unit: Dollar