Lightwave Logic Q1 net loss widens 34% to $6.3 million; revenue rises to $29,167

• Lightwave Logic posted a net loss of USD 6.3 million for the quarter ended March 31, 2026, widening 34% from a year earlier.
• Revenue rose 27.27% to USD 29,167, while cost of sales fell to USD 1,336.
• Operating expenses climbed 37% to USD 6.75 million, led by a 78% jump in general and administrative expense to USD 3.26 million.
• Cash and cash equivalents totaled USD 75.1 million at March 31, 2026; management said its cash position enables it to finance operations at least through December 2027.
• Commercial strategy remained focused on materials supply and IP licensing; management said it does not expect significant revenue from high-volume commercial production until 2027 at the earliest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightwave Logic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001553350-26-000087), on May 15, 2026, and is solely responsible for the information contained therein.