The Tip Desk

Lightwave Logic, Inc.

Company Stats

Market Cap
$770.8M
as of Sep 30, 2026
Shares Outstanding
154.2M
Free Float
97.8%

Income Statement

Revenue
$236,855
Operating Income
-$20.8M
Net Income
-$20.3M
EBITDA
-$18.9M
FCF Margin, 3Y Avg
-21114.5%
FCF Margin, Worst Year
-38339.5%

Cash Flow

Free Cash Flow
-$15.1M
FCF Yield
-2.0%
Owner FCF Yield
-2.6%

Balance Sheet

Cash & Equivalents
$69.0M

Returns & Capital

SBC, 3Y Avg
$5.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$236,855-$15.1M-6367.2%
FY2024$95,605-$17.8M-18637.0%
FY2023$40,502-$15.5M-38339.5%
FY2022—-$11.8M—
FY2021—-$11.4M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings