Lightwave Logic FY2025 net loss narrowed 10% to USD 20.31 million on NRE revenue of USD 130,000

Reuters03-21
<a href="https://laohu8.com/S/LWLG">Lightwave Logic</a> FY2025 net loss narrowed 10% to USD 20.31 million on NRE revenue of USD 130,000
  • Lightwave Logic published its annual report on Form 10-K, reporting revenue of USD 236,855, including USD 106,855 of licensing and royalty revenue and USD 130,000 of non-recurring engineering revenue.
  • Cost of sales was USD 6,823, down 7.73%.
  • Operating expenses were USD 20.99 million, down 9%, with research and development expense of USD 11.49 million down 32% on lower non-cash stock compensation, prototype device development and wafer fabrication, salaries and benefits, and travel.
  • General and administrative expense rose 49% to USD 9.5 million, driven by higher salaries and benefits and non-cash stock compensation, partially offset by lower consulting expense.
  • Net loss narrowed 10% to USD 20.31 million, while cash and cash equivalents totaled USD 69.02 million and management said it expects its cash position to finance operations at least through December 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightwave Logic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-26-000348), on March 20, 2026, and is solely responsible for the information contained therein.

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