LWLG

Lightwave Logic, Inc.

There isn't enough reported data to score LWLG yet.

LWLG Fundamentals

MetricStatus
Healthy
Under pressure
Weak
Unavailable

LWLG's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.

LWLG PE Valuation

LWLG has no meaningful PE right now: it lost money over the past year.

LWLG Forward outlook

There aren't enough analyst estimates for LWLG to show an outlook.

LWLG Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $3.39 on Nov 12.

There is not enough scenario data to assess LWLG's risk to reward.

LWLG Earnings Per Share

Q3 2023: $-0.19Q4 2023: $-0.18Q1 2024: $-0.18Q2 2024: $-0.18Q3 2024: $-0.18Q4 2024: $-0.19Q1 2025: $-0.18Q2 2025: $-0.17Q3 2025: $-0.17Q4 2025: $-0.16Q1 2026: $-0.16Q2 2026: $-0.16
Q3 2023: $-0.19Q4 2023: $-0.18Q1 2024: $-0.18Q2 2024: $-0.18Q3 2024: $-0.18Q4 2024: $-0.19Q1 2025: $-0.18Q2 2025: $-0.17Q3 2025: $-0.17Q4 2025: $-0.16Q1 2026: $-0.16Q2 2026: $-0.16
QuarterTTM EPSYoY
Q2 2026-$0.16+$0.01
Q1 2026-$0.16+$0.02
Q4 2025-$0.16+$0.03
Q3 2025-$0.17+$0.01
Q2 2025-$0.17+$0.01
Q1 2025-$0.18$0.00
Q4 2024-$0.19-$0.01
Q3 2024-$0.18+$0.01

LWLG is still losing money, but less than at its worst: $0.16 per share over the past year, against $0.19 at its worst in early 2022.

LWLG Quarterly Revenue

Q3 2023: $0Q4 2023: $40,502Q1 2024: $30,417Q2 2024: $19,355Q3 2024: $22,916Q4 2024: $22,917Q1 2025: $22,917Q2 2025: $25,605Q3 2025: $29,166Q4 2025: $159,167Q1 2026: $29,167Q2 2026: $32,751
Q3 2023: $0Q4 2023: $40,502Q1 2024: $30,417Q2 2024: $19,355Q3 2024: $22,916Q4 2024: $22,917Q1 2025: $22,917Q2 2025: $25,605Q3 2025: $29,166Q4 2025: $159,167Q1 2026: $29,167Q2 2026: $32,751
QuarterRevenueYoY
Q2 2026$32.8K+28%
Q1 2026$29.2K+27%
Q4 2025$159.2K+595%
Q3 2025$29.2K+27%
Q2 2025$25.6K+32%
Q1 2025$22.9K-25%
Q4 2024$22.9K-43%

LWLG's revenue has grown year over year for five quarters in a row: $32,751 last quarter, up 28% from the same quarter a year ago.

LWLG Free Cash Flow

Q3 2023: −$4MQ4 2023: −$4MQ1 2024: −$6MQ2 2024: −$5MQ3 2024: −$4MQ4 2024: −$3MQ1 2025: −$4MQ2 2025: −$4MQ3 2025: −$3MQ4 2025: −$4MQ1 2026: −$5MQ2 2026: −$7M
Q3 2023: −$4MQ4 2023: −$4MQ1 2024: −$6MQ2 2024: −$5MQ3 2024: −$4MQ4 2024: −$3MQ1 2025: −$4MQ2 2025: −$4MQ3 2025: −$3MQ4 2025: −$4MQ1 2026: −$5MQ2 2026: −$7M
QuarterFree cash flowYoY
Q2 2026-$6.9M-$3.1M
Q1 2026-$4.5M-$168K
Q4 2025-$3.7M-$223.1K
Q3 2025-$3.2M+$704.6K
Q2 2025-$3.8M+$1.1M
Q1 2025-$4.3M+$1.2M
Q4 2024-$3.5M+$332.4K
Q3 2024-$3.9M-$195K

LWLG has burned cash in almost every quarter: −$18M over the past year, against −$16M the year before.

LWLG Total Shares

Q3 2023: 116MQ4 2023: 115MQ1 2024: 119MQ2 2024: 120MQ3 2024: 121MQ4 2024: 121MQ1 2025: 124MQ2 2025: 125MQ3 2025: 130MQ4 2025: 129MQ1 2026: 148MQ2 2026: 153M
Q3 2023: 116MQ4 2023: 115MQ1 2024: 119MQ2 2024: 120MQ3 2024: 121MQ4 2024: 121MQ1 2025: 124MQ2 2025: 125MQ3 2025: 130MQ4 2025: 129MQ1 2026: 148MQ2 2026: 153M
PeriodChange %Net change
Quarterly+3.6%+5.4M shares
1 year+23%+28.2M shares
3 years+34%+38.6M shares
5 years+47%+49.4M shares
Available history+83%+69.4M shares

LWLG has 153M diluted shares, up 23% from a year ago.

LWLG Net Leverage

LWLG's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

LWLG Weekly Momentum

MetricValueStatus
RSI35.3Neutral
Stochastic14.2Oversold

LWLG's weekly RSI is 35 (neutral) and its Stochastic is 14 (oversold).

LWLG PE vs Basic Materials Sector

LWLG has no meaningful PE right now: it lost money over the past year.

LWLG Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$4.5626% below
20 week MA$5.6240% below
50 week MA$6.7650% below
100 week MA$4.5225% below
200 week MA$4.5525% below

LWLG is in a downtrend: it's below all five of its weekly moving averages, and 25% below its 200-week average.

LWLG Yearly ROI

YearStart priceEnd priceROI
2020$0.71$1.00+41%
2021$1.00$16.7+1567%
2022$16.7$4.74-72%
2023$4.74$4.98+5.1%
2024$4.98$2.05-59%
2025$2.05$3.30+61%
2026 YTD$3.30$3.39+2.7%

LWLG's yearly returns have swung widely, from +1567% in 2021 to −72% in 2022. It's up 2.7% so far in 2026.

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