Lightwave Logic, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-5.7M | $-4.4M | $-4.8M | $-4.4M | $-3.9M | $-4.6M | $-3.5M | $-3.7M |
| Depreciation & Amortization | $325.9K | $195.6K | $179.9K | $151.2K | $126.8K | $79.2K | $35.4K | $30.2K |
| Depreciation | $182.0K | $179.7K | $160.1K | $136.3K | $111.9K | $53.4K | $26.7K | — |
| Amortization | $95.3K | $15.9K | $19.8K | $14.9K | $14.9K | $12.2K | $8.7K | — |
| Stock-Based Compensation | $794.7K | $436.2K | $1.3M | $824.7K | $674.9K | $1.8M | — | — |
| Net Cash from Operating Activities | $-4.4M | $-3.2M | $-3.4M | $-3.1M | $-2.8M | $-2.4M | $-1.7M | $-1.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $183.8K | $129.2K | $279.9K | $213.2K | $109.3K | $265.6K | $17.9K | $23.6K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-265.5K | $-173.8K | $-309.5K | $-294.5K | $-179.2K | $-348.9K | $-111.7K | $-108.4K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $6.2M | $1.6M | $4.3M | $4.3M | $2.4M | $5.3M | $1.2M | $2.0M |
| Net Change in Cash | $1.5M | $-1.8M | $564.8K | $895.2K | $-666.2K | $2.6M | $-594.0K | $493.9K |
| Free Cash Flow | $-4.5M | $-3.3M | $-3.7M | $-3.4M | $-2.9M | $-2.6M | $-1.7M | $-1.5M |