Quick Answer
Lightwave Logic, Inc. reported R&D Expense of $11.49 million for fiscal year 2025.
Lightwave Logic, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $11.49M | -31.6% |
| 2024 | $16.81M | +5.7% |
| 2023 | $15.90M | +24.2% |
| 2022 | $12.81M | +2.6% |
| 2021 | $12.48M | +171.8% |
| 2020 | $4.59M | +6.3% |
| 2019 | $4.32M | +13.8% |
| 2018 | $3.79M | +7.8% |
| 2017 | $3.52M | +42.2% |
| 2016 | $2.47M | -12.4% |
| 2015 | $2.83M | -0.9% |
| 2014 | $2.85M | +37.8% |
| 2013 | $2.07M | -16.9% |
| 2012 | $2.49M | +48.0% |
| 2011 | $1.68M | -1.6% |
| 2010 | $1.71M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $2.92M | -23.8% | +10.4% |
| June 30, 2025 | $2.64M | -39.4% | -14.5% |
| March 31, 2025 | $3.09M | -33.1% | -19.3% |
| September 30, 2024 | $3.83M | -5.3% | -12.2% |
| June 30, 2024 | $4.36M | +4.7% | -5.6% |
| March 31, 2024 | $4.62M | +21.6% | +14.3% |
| September 30, 2023 | $4.04M | +12.6% | -3.0% |
| June 30, 2023 | $4.17M | +49.8% | +9.6% |
- Lightwave Logic, Inc. showed a decrease of -31.6% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, Lightwave Logic, Inc.’s r&d expense has grown by 572.2% (from $1.71 million to $11.49 million).
- The most recent figure is from Lightwave Logic, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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