Revenue for Lightwave Logic, Inc.

Lightwave Logic, Inc., traded under the symbol LWLG, is a publicly-traded technology company headquartered in California. As of August 2021, its share price was 6.02 USD with a market capitalization of 679 mln USD. Recent financials for Lightwave Logic, Inc. show that the company does not generate revenue. A review of the Revenue data shows that in March 2023, Lightwave Logic reported no revenues from sales and services which aligns with their current trend since 2022 with no revenues being generated over the last four quarters ending December 2021. Furthermore, it appears as though estimated revenue for future quarters is also zero indicating that Lightwave Logic is likely still in a development stage and has yet to commercialize its products and services. Given these facts it can be concluded that Lightwave Logic’s financial situation is weak as the company does not generate any meaningful income at present time. Investors may look to other metrics such as Earnings Per Share (EPS) and Price/Earnings Ratio (P/E) to measure the potential profitability of an investment in Lightwave Logic but given their current lack of revenue these figures will not accurately depict the real financial health of the company until they begin generating consistent income from sales and services..