| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -13.75 M USD | -15.55 M USD | -12.24 M USD | -10.47 M USD | -10.04 M USD | -4.87 M USD | -4.77 M USD | -4.40 M USD | -4.41 M USD | -3.15 M USD | -3.44 M USD | -3.14 M USD |
| Depreciation & Amortization | 1.90 M USD | 1.68 M USD | 1.12 M USD | 1.05 M USD | 878520 USD | 784419 USD | 698694 USD | 465795 USD | 325946 USD | 195610 USD | 179907 USD | 151183 USD |
| Stock-Based Compensation | — | — | — | 5.81 M USD | 1.02 M USD | 539414 USD | 600727 USD | 387688 USD | 794738 USD | 436228 USD | 1.34 M USD | 824726 USD |
| Capital Expenditures | 1.33 M USD | 2.27 M USD | 3.29 M USD | 1.31 M USD | 1.10 M USD | 158061 USD | 223475 USD | 1.04 M USD | 183789 USD | 129163 USD | 279903 USD | 213189 USD |
| Cash Flow from Investing | -1.82 M USD | -2.70 M USD | -2.96 M USD | -2.21 M USD | -1.12 M USD | -217984 USD | -305670 USD | -1.43 M USD | -265532 USD | -173759 USD | -309480 USD | -294539 USD |
| Cash Flow from Financing | 56.92 M USD | 14.48 M USD | 22.52 M USD | 13.35 M USD | 31.28 M USD | 6.16 M USD | 5.13 M USD | 4.53 M USD | 6.20 M USD | 1.55 M USD | 4.32 M USD | 4.33 M USD |
| Dividends Paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock Buybacks | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -15.08 M USD | -17.82 M USD | -15.53 M USD | -11.77 M USD | -11.14 M USD | -5.03 M USD | -4.99 M USD | -5.44 M USD | -4.59 M USD | -3.28 M USD | -3.72 M USD | -3.35 M USD |
Lightwave Logic Inc. is a technology platform company that develops next-generation electro-optic polymers designed to enhance internet infrastructure efficiency. The company's proprietary polymers enable the conversion of data from electrical signals to optical signals, allowing higher data transmission speeds and lower power consumption compared to existing solutions. Lightwave Logic manufactures electro-optic modulators and polymer photonic integrated circuits that serve the fiber-optic communications, telecommunications, and optical computing markets. The company targets the datacom and telecommunications hardware supply chain, focusing on components for data centers and generative artificial intelligence infrastructure. Operating from its Englewood, Colorado headquarters, Lightwave Logic maintains in-house capabilities for materials synthesis, device design, wafer fabrication, and testing. The company has established non-disclosure agreements with tier-one and tier-two potential strategic partners evaluating its technology, and recently announced development agreements with semiconductor manufacturers to integrate its polymers into silicon photonics platforms. Founded in 1997, Lightwave Logic holds a substantial patent portfolio protecting its innovative electro-optic polymer technology.