2022 Q4 Form 10-Q Financial Statement
#000155335022000876 Filed on November 09, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.317M | $1.145M | $2.679M |
YoY Change | -50.84% | 84.96% | 502.0% |
% of Gross Profit | |||
Research & Development | $3.811M | $3.588M | $4.715M |
YoY Change | -19.16% | -1.2% | 313.59% |
% of Gross Profit | |||
Depreciation & Amortization | $286.9K | $246.5K | $236.4K |
YoY Change | 21.39% | 9.69% | 21.18% |
% of Gross Profit | |||
Operating Expenses | $5.128M | $3.588M | $7.394M |
YoY Change | -30.64% | -15.59% | 367.4% |
Operating Profit | -$4.732M | ||
YoY Change | 11.34% | ||
Interest Expense | $5.430K | $73.17K | -$714.5K |
YoY Change | -100.76% | 3504.43% | 2807.86% |
% of Operating Profit | |||
Other Income/Expense, Net | $54.26K | $27.02K | |
YoY Change | |||
Pretax Income | -$5.069M | -$4.803M | -$8.109M |
YoY Change | -37.49% | 13.07% | 404.72% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.069M | -$4.803M | -$8.109M |
YoY Change | -37.49% | 13.07% | 404.72% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.04 | ||
Diluted Earnings Per Share | -$0.04 | -$0.04 | -$74.28K |
COMMON SHARES | |||
Basic Shares Outstanding | 112.6M shares | 112.1M shares | |
Diluted Shares Outstanding | 112.1M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $24.10M | $25.02M | $23.43M |
YoY Change | 2.86% | 105.18% | 608.66% |
Cash & Equivalents | $24.10M | $25.02M | $23.43M |
Short-Term Investments | |||
Other Short-Term Assets | $611.3K | $647.1K | $232.3K |
YoY Change | 163.16% | 86.71% | -59.04% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | $13.67K | ||
Total Short-Term Assets | $25.36M | $26.26M | $23.66M |
YoY Change | 7.14% | 109.36% | 510.9% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.519M | $2.651M | $2.716M |
YoY Change | -7.23% | -2.62% | 44.94% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.389M | $1.385M | |
YoY Change | 0.29% | -14.5% | |
Total Long-Term Assets | $3.908M | $3.892M | $3.564M |
YoY Change | 9.66% | 8.46% | 2.02% |
TOTAL ASSETS | |||
Total Short-Term Assets | $25.36M | $26.26M | $23.66M |
Total Long-Term Assets | $3.908M | $3.892M | $3.564M |
Total Assets | $29.26M | $30.15M | $27.23M |
YoY Change | 7.47% | 86.91% | 269.61% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $791.7K | $582.8K | $215.7K |
YoY Change | 266.97% | 210.8% | 27.46% |
Accrued Expenses | $570.4K | $301.1K | $1.296M |
YoY Change | -56.0% | -17.63% | 1492.55% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.504M | $1.089M | $1.586M |
YoY Change | -5.17% | 65.79% | 69.98% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $206.4K | $265.6K | $438.3K |
YoY Change | -52.91% | -46.29% | -33.41% |
Total Long-Term Liabilities | $206.4K | $265.6K | $438.3K |
YoY Change | -52.91% | -46.29% | -33.41% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.504M | $1.089M | $1.586M |
Total Long-Term Liabilities | $206.4K | $265.6K | $438.3K |
Total Liabilities | $1.710M | $1.355M | $2.024M |
YoY Change | -15.5% | 17.67% | 27.21% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$106.8M | -$101.8M | -$89.60M |
YoY Change | 19.23% | 26.25% | |
Common Stock | $134.5M | $130.8M | $114.8M |
YoY Change | 17.17% | 49.59% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $27.55M | $28.79M | $25.20M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $29.26M | $30.15M | $27.23M |
YoY Change | 7.47% | 86.91% | 269.61% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.069M | -$4.803M | -$8.109M |
YoY Change | -37.49% | 13.07% | 404.72% |
Depreciation, Depletion And Amortization | $286.9K | $246.5K | $236.4K |
YoY Change | 21.39% | 9.69% | 21.18% |
Cash From Operating Activities | -$2.766M | -$2.455M | -$5.739M |
YoY Change | -51.81% | 87.75% | 325.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $348.4K | -$804.7K | -$254.2K |
YoY Change | -237.04% | 288.2% | 91.57% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$53.94K | -$588.2K | |
YoY Change | |||
Cash From Investing Activities | -$402.3K | -$1.393M | -$254.2K |
YoY Change | 58.26% | 571.97% | 91.57% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $17.23M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.248M | 4.040M | 17.23M |
YoY Change | -86.95% | -2081.46% | 565.75% |
NET CHANGE | |||
Cash From Operating Activities | -2.766M | -2.455M | -5.739M |
Cash From Investing Activities | -402.3K | -1.393M | -254.2K |
Cash From Financing Activities | 2.248M | 4.040M | 17.23M |
Net Change In Cash | -919.5K | 191.9K | 11.24M |
YoY Change | -108.18% | -111.16% | 915.83% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.766M | -$2.455M | -$5.739M |
Capital Expenditures | $348.4K | -$804.7K | -$254.2K |
Free Cash Flow | -$3.114M | -$1.650M | -$5.485M |
YoY Change | -43.23% | 49.99% | 350.86% |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
107730515 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
111536100 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
103910690 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
112111706 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
107730515 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
111536100 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
103910690 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25204272 | usd |
lwlg |
Common Stock Issued To Institutional Investor
CommonStockIssuedToInstitutionalInvestor
|
10709293 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
181027 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
229940 | usd | |
lwlg |
Cashless Exercise Of Options
CashlessExerciseOfOptions
|
35018 | usd | |
lwlg |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
240750 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
4288172 | usd | |
us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
67467 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-12161742 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
28794197 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5775446 | usd |
lwlg |
Common Stock Issued To Institutional Investor
CommonStockIssuedToInstitutionalInvestor
|
13973249 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1333628 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1005875 | usd | |
lwlg |
Cashless Exercise Of Options
CashlessExerciseOfOptions
|
2218203 | usd | |
lwlg |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
395600 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
788196 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
11001 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-10522651 | usd | |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14978547 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
27959177 | usd |
CY2022Q3 | lwlg |
Common Stock Issued To Institutional Investor
CommonStockIssuedToInstitutionalInvestor
|
4003600 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
73170 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
47765 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1489622 | usd |
CY2022Q3 | us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
24246 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4803383 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
28794197 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16956873 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
386375 | usd |
CY2021Q3 | lwlg |
Cashless Exercise Of Options
CashlessExerciseOfOptions
|
1354365 | usd |
CY2021Q3 | lwlg |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
268350 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
259947 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
759 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4248122 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14978547 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12161742 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10522651 | usd | |
us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
11001 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
4288172 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
788196 | usd | |
us-gaap |
Amortization Of Deferred Charges
AmortizationOfDeferredCharges
|
67467 | usd | |
lwlg |
Cashless Option Exercise
CashlessOptionExercise
|
118224 | usd | |
lwlg |
Cashless Option Exercise
CashlessOptionExercise
|
3530191 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
181027 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1333628 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
758285 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
642150 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
410700 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
414766 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-220616 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
367048 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
18259 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1004081 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
108802 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
131368 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
12342 | usd | |
lwlg |
Increase Decrease In Deferred Lease Liability
IncreaseDecreaseInDeferredLeaseLiability
|
-31334 | usd | |
lwlg |
Increase Decrease In Deferred Lease Liability
IncreaseDecreaseInDeferredLeaseLiability
|
-31333 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7700332 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4299499 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
47705 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
15400 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1171530 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
846576 | usd | |
lwlg |
Issuance Of Loan
IssuanceOfLoan
|
588180 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1807415 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-861976 | usd | |
lwlg |
Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
|
470690 | usd | |
lwlg |
Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
|
1401475 | usd | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
83206 | usd | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1311988 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10709293 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
13973249 | usd | |
lwlg |
Repayment Of Equipment Purchased
RepaymentOfEquipmentPurchased
|
13107 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11096777 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14049629 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1589030 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
8888154 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23432612 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3306590 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25021642 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12194744 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_846_eus-gaap--NatureOfOperations_zXPzuzPLxXq7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_86E_zm0SBuPo8yCh">Nature of Business</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Lightwave Logic, Inc. is a technology company focused on the development of next generation photonic devices and non-linear optical polymer materials systems for applications in high speed fiber-optic data communications and optical computing markets. Currently the Company is in various stages of photonic device and materials development and evaluation with potential customers and strategic partners. The Company expects to obtain a revenue stream from technology licensing agreements, technology transfer agreements and the production and direct sale of its own electro-optic device components.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company’s current development activities are subject to significant risks and uncertainties, including failing to secure additional funding to operationalize the Company’s technology now under development.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
us-gaap |
Reclassifications
Reclassifications
|
<p id="xdx_847_eus-gaap--Reclassifications_zbsUrTYHmgb8" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86F_zGKES8TxMiG">Reclassifications</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white">Certain reclassifications have been made to the 2021 financial statement in order to conform to the 2022 financial statement presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b> </b></p> | ||
lwlg |
Expected Expenditures Per Month
ExpectedExpendituresPerMonth
|
1380000 | usd | |
CY2022Q3 | lwlg |
Agreement To Sell Invest Common Stock Value Remaing Amount Available
AgreementToSellInvestCommonStockValueRemaingAmountAvailable
|
4943057 | usd |
CY2022Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
310392 | usd |
CY2021Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
123877 | usd |
CY2022Q3 | lwlg |
Legal
Legal
|
80720 | usd |
CY2022Q3 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
66140 | usd |
CY2022Q3 | lwlg |
Prepaid License
PrepaidLicense
|
60442 | usd |
CY2021Q4 | lwlg |
Prepaid License
PrepaidLicense
|
38865 | usd |
CY2022Q3 | lwlg |
Investor Expenses
InvestorExpenses
|
20250 | usd |
CY2022Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
36525 | usd |
CY2021Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
36525 | usd |
CY2022Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
59538 | usd |
CY2021Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
33041 | usd |
CY2022Q3 | lwlg |
Prototype Devices
PrototypeDevices
|
13067 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
647074 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
232308 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6436495 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5335927 | usd |
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3785313 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3156852 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2651182 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2179075 | usd |
us-gaap |
Depreciation
Depreciation
|
699423 | usd | |
us-gaap |
Depreciation
Depreciation
|
576948 | usd | |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
246507 | usd |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
203421 | usd |
CY2022Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
70963 | usd |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
70963 | usd | |
CY2021Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd | |
CY2022Q3 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
1393354 | usd |
CY2021Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
1345649 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
556378 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
497516 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
836976 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
848133 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
58862 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
65202 | usd | |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
15229 | usd |
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21314 | usd |
CY2017Q4 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P61M | |
CY2017Q4 | lwlg |
Lease Beginning Date1
LeaseBeginningDate1
|
2017-11-01 | |
CY2017Q4 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2022-11-30 | |
CY2017Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P24M | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
168824 | usd |
CY2017Q4 | lwlg |
Percentage Of Rent Increase Annual Base Rent
PercentageOfRentIncreaseAnnualBaseRent
|
0.03 | pure |
CY2017Q4 | lwlg |
Prepaid Rents
PrepaidRents
|
347045 | usd |
CY2017Q4 | lwlg |
Prepaid Estimated Tenants Proportionate Share Of Operating Lease Expenses
PrepaidEstimatedTenantsProportionateShareOfOperatingLeaseExpenses
|
186293 | usd |
CY2017Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
36524 | usd |
CY2017Q4 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
260000 | usd |
lwlg |
Percentage Of Estimated Incremental Borrowing Rate
PercentageOfEstimatedIncrementalBorrowingRate
|
0.065 | pure | |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
885094 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
52662 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
213781 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
182624 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
449067 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
45175 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
403892 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
28500 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
|
Black-Scholes | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | ||
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
2685819 | usd |
CY2022Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
13498 | usd |
CY2021Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
12463 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4355639 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
799197 | usd | |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
46370301 | usd |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
7.34 | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
229940 | usd | |
lwlg |
Stock Issued During Period Shares Stock Options Exercised Cashless
StockIssuedDuringPeriodSharesStockOptionsExercisedCashless
|
4375 | shares | |
CY2022Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
207557 | usd |
CY2021Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
0 | usd |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
40585 | usd | |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
40894 | usd |