Company / Interest Expense
Lightwave Logic, Inc. Interest Expense History
FY2011-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.1M
FY2023
5-year range
$16.9K / $2.1M
FY2019-FY2023
Trend
+12113.6%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense changed +12114% YoY in FY2023, a notable deviation from the 5-year average annual change of +8376%.
Based on SEC 10-K filings.
$2M in FY2023 with a 10-year CAGR of +31.7%.
Increased from $212,156 to $2M over the past 9 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- +31.7%
Key checks
Key Insights
- In FY2023, interest expense increased 12113.6% year-over-year.
- Lowest interest expense in the period was in FY2011.
Company context
Key Data Points
- Altman Z-Score 0.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.1M | +12113.6% |
| FY2015 | $16.9K | -92.1% |
| FY2014 | $212.2K | +62.0% |
| FY2013 | $130.9K | -21.4% |
| FY2012 | $166.7K | +29819.9% |
| FY2011 | $557 | - |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026