Filing Flows

Filing Flows › Lightwave Logic (LWLG) › R&D spending

Lightwave Logic (LWLG) R&D spending by quarter

Lightwave Logic's R&D spending was $3.9M in Q2 2026 (second quarter 2026), +11% from Q1 2026. Over the last 7 quarters it ranged from $2.6M (Q2 2025) to $4.0M (Q4 2024).

Lightwave Logic R&D spending by quarterLightwave Logic R&D spending by quarter$4.0MQ4 2024$3.1MQ1 2025$2.6MQ2 2025$2.9MQ3 2025$2.8MQ4 2025$3.5MQ1 2026$3.9MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$3.9M+11%+48%
Q1 2026$3.5M+23%+13%
Q4 2025$2.8M-3%-29%
Q3 2025$2.9M+11%—
Q2 2025$2.6M-15%—
Q1 2025$3.1M-23%—
Q4 2024$4.0M——

Q2 2026 at a glance

Lightwave Logic, Q2 2026: revenue $33K (+28% year over year), net loss $6.6M, operating cash flow −$5.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Lightwave Logic's R&D spending?

Lightwave Logic's R&D spending was $3.9M in Q2 2026 (second quarter 2026), +11% from Q1 2026.

How has Lightwave Logic's R&D spending changed?

Over the last 7 quarters it ranged from $2.6M (Q2 2025) to $4.0M (Q4 2024).

Q2 2026 results → · How Lightwave Logic makes money →