Lightwave Logic, Inc. (LWLG) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LWLG currently has 148M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 23.77% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 148.1M shares outstanding |
150M | 0 |
| Mar 20, 2026 |
10-K filing | 148.8M shares outstanding |
150M | 0 |
| Dec 17, 2025 |
8-K filing: Lightwave Logic, Inc. completed an underwritten public offering of 11,666,667 shares of common stock at $3.00 per share, resulting in net proceeds of approximately $32.8 million. ($35.0M proceeds) |
130M | 0 |
| Nov 14, 2025 |
10-Q filing | 129.6M shares outstanding |
130M | 0 |
| Aug 14, 2025 |
10-Q filing | 125.3M shares outstanding |
130M | 0 |
| May 13, 2025 |
10-Q filing | 123.9M shares outstanding |
120M | 0 |
| Mar 18, 2025 |
10-K filing | 120.6M shares outstanding |
120M | 0 |
| Nov 12, 2024 |
10-Q filing | 120.9M shares outstanding |
120M | 0 |
| Aug 09, 2024 |
10-Q filing | 120.2M shares outstanding |
120M | 0 |
| Jul 31, 2024 |
S-3/A filing: Lightwave Logic, Inc. may offer and sell shares of its common stock up to an aggregate amount of $100,000,000. |
120M | 0 |
| Jul 26, 2024 |
S-3 filing: Lightwave Logic, Inc. may offer and sell shares of its common stock up to an aggregate amount of $100,000,000. |
120M | 0 |
| May 10, 2024 |
10-Q filing | 119.0M shares outstanding |
120M | 0 |
| Feb 29, 2024 |
10-K filing | 115.5M shares outstanding |
120M | 0 |
| Nov 09, 2023 |
10-Q filing | 116.5M shares outstanding |
120M | 0 |
| Aug 09, 2023 |
10-Q filing | 114.9M shares outstanding |
110M | 0 |
| May 10, 2023 |
10-Q filing | 113.3M shares outstanding |
110M | 0 |
| Mar 01, 2023 |
10-K filing | 111.8M shares outstanding |
110M | 890K |
| Nov 09, 2022 |
10-Q filing | 112.1M shares outstanding |
110M | 600K |
| Aug 09, 2022 |
10-Q filing | 111.6M shares outstanding |
110M | 1.1M |
| May 10, 2022 |
10-Q filing | 110.9M shares outstanding |
110M | 1.8M |
| Mar 01, 2022 |
10-K filing | 111.0M shares outstanding |
110M | 1.7M |
| Nov 15, 2021 |
10-Q filing | 108.8M shares outstanding |
110M | 3.9M |
| Oct 05, 2021 |
8-K filing: Lightwave Logic, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, for the sale of up to $33,000,000 of its common stock over a 36-month term and issued 30,312 shares of common stock to Lincoln Park as an initial fee. ($3.0M proceeds) |
110M | 4.9M |
| Aug 16, 2021 |
10-Q filing | 107.8M shares outstanding |
110M | 4.9M |
| Jul 02, 2021 |
S-3 filing: Lightwave Logic, Inc. may offer and sell shares of its common stock up to an aggregate amount of $100,000,000. |
100M | 8.9M |
| May 17, 2021 |
10-Q filing | 103.8M shares outstanding |
100M | 8.9M |
| Mar 31, 2021 |
10-K filing | 101.8M shares outstanding |
100M | 11M |
| Nov 13, 2020 |
S-3 filing: This S-3 filing registers 9,079,278 shares of common stock for resale by Lincoln Park Capital Fund, LLC, including shares carried over from a prior registration and newly registered shares, and also discusses the potential sale of up to 8,437,500 purchase shares under a purchase agreement with Lincoln Park. |
95M | 17M |
| Nov 09, 2020 |
10-Q filing | 95.2M shares outstanding |
95M | 8.5M |
| Aug 10, 2020 |
10-Q filing | 92.6M shares outstanding |
93M | 8.5M |
| May 11, 2020 |
10-Q filing | 89.6M shares outstanding |
90M | 8.5M |
| Mar 16, 2020 |
10-K filing | 87.4M shares outstanding |
87M | 8.5M |
| Jan 28, 2020 |
S-1 filing: This prospectus relates to the resale of up to 8,477,864 shares of the common stock of Lightwave Logic, Inc. which may be offered by Lincoln Park Capital Fund, LLC from time to time, and which have been or may be issued pursuant to a purchase agreement between the Company and Lincoln Park, dated as of January 21, 2019. |
88M | 8.5M |