Lightwave Logic
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Profit margin reached -51943%. Total operating expenses were $21,263,254.
Profit Margin
| 2014 | 2.5K | -4.40M | -176391.88% |
|---|---|---|---|
| 2015 | 0 | -4.84M | |
| 2016 | 0 | -4.40M | |
| 2017 | 0 | -5.74M | |
| 2018 | 0 | -5.77M | |
| 2019 | 0 | -6.72M | |
| 2020 | 0 | -6.71M | |
| 2021 | 0 | -18.20M | |
| 2022 | 0 | -17.22M | |
| 2023 | 40.50K | -21.03M | -51943.19% |
LWLG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 40.50K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5K |
Cost of revenue | 2.51K | 1.04M | 878.52K | 784.41K | 698.69K | 0 | 325.94K | 0 | 179.90K | 0 |
Gross profit | 37.98K | -1.04M | -878.52K | -784.41K | -698.69K | 0 | -325.94K | 0 | -179.90K | 2.5K |
Operating exp. | ||||||||||
Research and development | 15.90M | 12.80M | 12.47M | 4.52M | 4.31M | 3.79M | 3.51M | 2.47M | 2.82M | 2.84M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 21.26M | 17.13M | 16.99M | 6.59M | 6.31M | 5.60M | 5.52M | 4.13M | 4.84M | 4.39M |
Operating income | -21.22M | -17.13M | -16.99M | -6.59M | -6.31M | -5.60M | -5.52M | -4.13M | -4.84M | -4.39M |
Other income (expenses), net | 187.23K | -90.81K | -1.63M | -115.59K | -407.56K | -172.19K | -225.84K | -271.88K | 249 | -16.61K |
Income before tax | -21.03M | -17.23M | -18.63M | -6.71M | -6.72M | -5.77M | -5.74M | -4.40M | -4.84M | -4.40M |
Income tax expense | 0 | -843 | -424.52K | -776 | -232 | -171.69K | -250 | -255 | 0 | -249 |
Net income | -21.03M | -17.22M | -18.20M | -6.71M | -6.72M | -5.77M | -5.74M | -4.40M | -4.84M | -4.40M |
Earnings per share | ||||||||||
Basic EPS | -0.18 | -0.15 | -0.17 | -0.07 | -0.08 | -0.07 | -0.08 | -0.06 | -0.08 | -0.07 |
Diluted EPS | -0.18 | -0.15 | -0.17 | -0.07 | -0.08 | -0.07 | -0.08 | -0.06 | -0.08 | -0.07 |
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