Filing Flows

Filing Flows › Lightwave Logic (LWLG) › Q1 2026 › vs Q4 2025

Lightwave Logic (LWLG) Q1 2026 vs Q4 2025 (quarter over quarter)

Lightwave Logic's revenue fell $130K (-82%) from $159K in Q4 2025 to $29K in Q1 2026.

Lightwave Logic, Q1 2026: revenue $29K (+27% year over year), net loss $6.3M, operating cash flow −$4.1M. The chart draws each line against Q4 2025, the increases inside each band.

Lightwave Logic: what changed, Q1 2026 vs Q4 2025Lightwave Logic: what changed, Q1 2026 vs Q4 2025Costs & expenses$1.5MOperating costs$1.5MNet loss$1.5MOperating cash sources$1.5MNet loss absorbed$1.5MGeneral & admin$875KCash used in operations$748KResearch & development$649KWorking capital & other$424KShare-based compensation$257K

Every line

LineQ1 2026Q4 2025Change%
Revenue$29K$159K−$130K-82%
Other income, net$425K$227K$198K+87%
Net loss$6.3M$4.8M$1.5M+30%
Costs & expenses$6.8M$5.2M$1.5M+29%
Operating costs$6.8M$5.2M$1.5M+29%
Cost of revenue$1K$1K$4+0.3%
Research & development$3.5M$2.8M$649K+23%
General & admin$3.3M$2.4M$875K+37%
Operating cash sources$6.3M$4.8M$1.5M+30%
Depreciation & amortization$496K$469K$28K+6%
Share-based compensation$1.7M$1.5M$257K+18%
Working capital & other$25K−$398K$424K—
Cash used in operations$4.1M$3.3M$748K+23%
Net loss absorbed$6.3M$4.8M$1.5M+30%

Questions

How much did Lightwave Logic's revenue grow quarter over quarter in Q1 2026?

Lightwave Logic's revenue fell $130K (-82%) from $159K in Q4 2025 to $29K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →