Filing Flows › Lightwave Logic (LWLG) › Q2 2025
Lightwave Logic (LWLG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Lightwave Logic (LWLG) reported revenue of $26K for the second quarter 2025 (Q2 2025), +32% from a year earlier and +12% from the quarter before.
Lightwave Logic, Q2 2025: revenue $26K (+32% year over year), net loss $5.0M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26K | +12% | +32% |
| Operating profit | −$4.9M | — | — |
| Net earnings | −$5.0M | — | — |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $26K in Q2 2025, up 32% year over year and up 12% from the previous quarter.
Operating costs exceeded revenue by $4.9M, an operating margin of -19137.6%. Total costs fell 21% while revenue rose 32%. The fastest-growing cost line was General & admin (+21%). The quarter ended with a net loss of $5.0M, wider than the previous quarter's $4.7M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $488K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $393K. Capital expenditures of $40K exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Lightwave Logic's revenue in the second quarter 2025?
Lightwave Logic (LWLG) reported revenue of $26K for the second quarter 2025 (Q2 2025), +32% from a year earlier and +12% from the quarter before.
Source: Lightwave Logic 10-Q on SEC EDGAR.