Company / R&D Expense
Lightwave Logic, Inc. R&D Expense History
FY2011-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$16.8M
FY2025
5-year range
$2.1M / $16.8M
FY2021-FY2025
Trend
+5.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 4 consecutive years, from $2M in FY2014 to $17M in FY2025.
Based on SEC 10-K filings.
$17M in FY2025 with a 10-year CAGR of +19.4%.
Improved from $12M to $17M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- +19.4%
Key checks
Key Insights
- Lightwave Logic, Inc.'s r&d expense has grown for 4 consecutive years.
- In FY2025, r&d expense increased 5.7% year-over-year.
- Lowest r&d expense in the period was in FY2012.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.8M | +5.7% |
| FY2024 | $15.9M | +27.5% |
| FY2023 | $12.5M | +337.8% |
| FY2015 | $2.8M | +37.8% |
| FY2014 | $2.1M | -16.9% |
| FY2013 | $2.5M | +48.0% |
| FY2012 | $1.7M | -1.6% |
| FY2011 | $1.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026