Lightwave Logic, Inc. (LWLG)Basic Materials | Specialty Chemicals | Englewood, United States | NasdaqCM
6.47 USD
-0.36
(-5.271%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:25 a.m. EDT
The long-term investment case is fundamentally broken. Despite a headline-grabbing 27% revenue growth, the company is hemorrhaging cash with operating margins of -230%, negative free cash flow, and a return on equity of -38%. The market has already punished this reality hard, evidenced by four consecutive years of declining annual returns and a 61% drop in the most recent fiscal year. The current price-to-sales ratio of 4,328x is a mathematical absurdity that ignores the lack of profitability; paying such a premium for a business destroying shareholder capital is a classic value trap. While the stock recently rallied on Nvidia optimism, this is a speculative frenzy detached from the company's actual financial health. The balance sheet shows minimal debt, but the inability to generate cash makes survival uncertain without external financing. There is no margin of safety here, only a gamble on a turnaround that the current fundamentals do not support. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.195879 |
| AutoETS | 0.199354 |
| AutoTheta | 0.672397 |
| AutoARIMA | 0.751164 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 1.78 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.357 |
| Excess Kurtosis | -0.93 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 3.139 |
| Revenue per Share | 0.002 |
| Market Cap | 996,895,168 |
| Beta | 2.42 |
| Website | https://lightwavelogic.com |
As of July 11, 2026, 4:25 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Call volume is heavily skewed toward deep out-of-the-money strikes (e.g., $32, $36) with massive open interest walls, while put volume concentrates around the money and slightly out-of-the-money strikes ($7-$10). This distribution suggests a 'lottery ticket' mentality where traders are betting on a binary event—either a massive AI-driven surge or a continued collapse—rather than a measured trend. The implied volatility is elevated relative to the underlying price, indicating fear of a gap-up or gap-down event.
| Attribute | Value |
|---|---|
| 52 Week Change | 3.6462584 |
| Address1 | 369 Inverness Parkway |
| Address2 | Suite 350 |
| All Time High | 20.3 |
| All Time Low | 0.26 |
| Ask | 8.15 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 6,201,260 |
| Average Daily Volume3 Month | 7,584,324 |
| Average Volume | 7,584,324 |
| Average Volume10Days | 6,201,260 |
| Beta | 2.416 |
| Bid | 4.74 |
| Bid Size | 2 |
| Book Value | 0.54 |
| City | Englewood |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.47 |
| Current Ratio | 33.989 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 6.68 |
| Day Low | 6.3 |
| Debt To Equity | 3.139 |
| Display Name | Lightwave Logic |
| Earnings Call Timestamp End | 1,778,704,200 |
| Earnings Call Timestamp Start | 1,778,704,200 |
| Earnings Timestamp | 1,778,702,400 |
| Earnings Timestamp End | 1,786,651,200 |
| Earnings Timestamp Start | 1,786,651,200 |
| Ebitda | -20,998,888 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -44.019 |
| Enterprise To Revenue | 3,802.245 |
| Enterprise Value | 924,344,704 |
| Eps Trailing Twelve Months | -0.15 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.3102 |
| Fifty Day Average Change | -4.8402 |
| Fifty Day Average Change Percent | -0.42795 |
| Fifty Two Week Change Percent | 364.62582 |
| Fifty Two Week High | 18.71 |
| Fifty Two Week High Change | -12.24 |
| Fifty Two Week High Change Percent | -0.65419567 |
| Fifty Two Week Low | 1.4 |
| Fifty Two Week Low Change | 5.0699997 |
| Fifty Two Week Low Change Percent | 3.6214285 |
| Fifty Two Week Range | 1.4 - 18.71 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,147,786,200,000 |
| Float Shares | 151,847,018 |
| Free Cashflow | -8,168,764 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 34 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.97477996 |
| Gross Profits | 236,974 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00972 |
| Held Percent Institutions | 0.27599 |
| Implied Shares Outstanding | 154,079,632 |
| Industry | Specialty Chemicals |
| Industry Disp | Specialty Chemicals |
| Industry Key | specialty-chemicals |
| Ipo Expected Date | 2,021-09-01 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado. |
| Long Name | Lightwave Logic, Inc. |
| Market | us_market |
| Market Cap | 996,895,168 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_10848805 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -21,917,312 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,052,363,886 |
| Open | 7.0 |
| Operating Cashflow | -14,320,234 |
| Operating Margins | -230.58012 |
| Payout Ratio | 0.0 |
| Phone | 720 340 4949 |
| Pre Market Change | 0.027500153 |
| Pre Market Change Percent | 0.42504102 |
| Pre Market Price | 6.4975 |
| Pre Market Time | 1,784,017,756 |
| Previous Close | 6.83 |
| Price Hint | 2 |
| Price To Book | 11.981481 |
| Price To Sales Trailing12 Months | 4,100.6772 |
| Profit Margins | 0.0 |
| Quick Ratio | 33.463 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.36 |
| Regular Market Change Percent | -5.27087 |
| Regular Market Day High | 6.68 |
| Regular Market Day Low | 6.3 |
| Regular Market Day Range | 6.3 - 6.68 |
| Regular Market Open | 7.0 |
| Regular Market Previous Close | 6.83 |
| Regular Market Price | 6.47 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 3,187,387 |
| Return On Assets | -0.23594 |
| Return On Equity | -0.38839 |
| Revenue Growth | 0.273 |
| Revenue Per Share | 0.002 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 154,079,632 |
| Shares Percent Shares Out | 0.1295 |
| Shares Short | 19,952,359 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 12,594,477 |
| Short Name | Lightwave Logic, Inc. |
| Short Percent Of Float | 0.13 |
| Short Ratio | 3.31 |
| Source Interval | 15 |
| State | CO |
| Symbol | LWLG |
| Total Cash | 75,102,752 |
| Total Cash Per Share | 0.487 |
| Total Debt | 2,552,209 |
| Total Revenue | 243,105 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.15 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.86895 |
| Two Hundred Day Average Change | -0.3989501 |
| Two Hundred Day Average Change Percent | -0.05808022 |
| Type Disp | Equity |
| Volume | 3,187,387 |
| Website | https://lightwavelogic.com |
| Zip | 80,112-6039 |