We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely [Yahoo! Finance]
Lightwave Logic, Inc. (LWLG)
NASDAQ:AMEX Investor Relations:
lightwavelogic.com
Company Research
Source: Yahoo! Finance
lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So, the natural question for Lightwave Logic NASDAQ:LWLG ) shareholders is whether they should be concerned by its rate of cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. View our latest analysis for Lightwave Logic A company's cash runway is calculated by dividing its cash hoard by its cash burn. In September 2024, Lightwave Logic had US$27m in cash, and was debt-free. In the last year, its cash burn was US$19m. That means it had a cash runway of around 17 months as of September 2024. That's not too bad, but it's fair to say the end of the cash
Show less
Read more
Impact Snapshot
Event Time:
LWLG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LWLG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LWLG alerts
High impacting Lightwave Logic, Inc. news events
Weekly update
A roundup of the hottest topics
LWLG
News
- Lightwave Logic Provides Third Quarter 2024 Corporate Update [Yahoo! Finance]Yahoo! Finance
- Lightwave Logic Provides Third Quarter 2024 Corporate UpdatePR Newswire
- Lightwave Logic and Polariton to Jointly Showcase Packaged Electro-Optic Polymer Modulators at the European Conference on Optical CommunicationsPR Newswire
- Lightwave Logic Receives 2024 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC) [Yahoo! Finance]Yahoo! Finance
- Lightwave Logic Receives 2024 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC)PR Newswire
LWLG
Sec Filings
- 11/12/24 - Form 10-Q
- 10/4/24 - Form 8-K
- 9/17/24 - Form 3
- LWLG's page on the SEC website