The financials
Lightwave Logic, Inc. by the numbers
Lightwave Logic, Inc. (LWLG) reported revenue of $29K in Q1 2026 (quarter ended March 31, 2026), up 27% from the same quarter a year earlier. That came with a gross margin of 95% and net loss of $6.3M. For the full year FY2025, revenue was $237K (+148% year on year) and net income −$20M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $29K | $23K | +27% |
| Gross profit | $28K | $21K | +33% |
| Operating income | −$6.7M | −$4.9M | n/a |
| Net income | −$6.3M | −$4.7M | n/a |
| Diluted EPS | −$0.04 | −$0.04 | n/a |
Specialty Chemicals
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