Lightwave Logic, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $69.0M | $27.7M | $31.4M | $24.1M | $23.4M | $3.3M | $2.2M | $2.2M |
| Accounts Receivable | $190.8K | $45.6K | $30.4K | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $69.8M | $28.1M | $32.7M | $25.4M | $23.7M | $3.9M | $2.6M | $2.7M |
| Property, Plant & Equipment | $5.2M | $5.7M | $5.0M | $2.5M | $2.2M | $1.9M | $2.4M | $1.8M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $1.7M | $1.4M | $1.3M | $1.0M | $848.1K | $916.0K | $939.5K | $938.2K |
| Total Assets | $79.2M | $37.8M | $41.8M | $29.3M | $27.2M | $7.4M | $6.8M | $5.5M |
| Liabilities | ||||||||
| Accounts Payable | $477.9K | $516.0K | $1.4M | $791.7K | $215.7K | $169.2K | $88.4K | $150.7K |
| Total Current Liabilities | $2.1M | $1.8M | $2.6M | $1.5M | $1.6M | $933.0K | $997.6K | $395.4K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $4.5M | $4.4M | $5.3M | $1.7M | $2.0M | $1.6M | $1.9M | $544.5K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-167.3M | $-147.0M | $-124.5M | $-106.8M | $-89.6M | $-71.0M | $-64.3M | $-57.5M |
| Total Stockholders' Equity | $74.6M | $33.4M | $36.4M | $27.6M | $25.2M | $5.8M | $4.9M | $4.9M |