LWLG Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $5.70
Market Cap (MRQ) $879M
P/E (TTM) -35.6
EPS (TTM) $-0.16
Revenue (TTM) $250.3K
ROE (TTM) -35.4%
52W Range $3–$19

LWLG Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$236.9K
2023-12-31 → 2025-12-31
EPS$-0.16
2020-12-31 → 2025-12-31
Free Cash Flow$-15M
2016-12-31 → 2025-12-31
Net margin-9416.3%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend LWLG 5Y avg Peer Median Verdict
P/E (TTM) -35.65Y avg ≈-34.1 ≈-34.1 · ·
P/S (TTM) 3511.5 · 3.5 Overvalued
P/B (MRQ) 8.45Y avg ≈26.4 ≈26.4 4.3 Overvalued
Price / FCF (TTM) -47.95Y avg ≈-64.6 ≈-64.6 · ·
Price / Cash Flow (TTM) -53.75Y avg ≈-73.2 ≈-73.2 · ·
Price / Tangible Book (MRQ) 8.65Y avg ≈23.4 ≈23.4 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 2.0%
Next Report Nov 12, 2026
PeriodReportEPS ActualEPS EstSurprise
Sept. 30, 2024 $-0.04 — —
Dec. 31, 2023 $-0.04 — —
Dec. 31, 2013 $-0.02 $-0.02 2.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $236.9K$95.6K$40.5K········$2.5K
Cost of Revenue $6.8K$7.4K$2.5K·········
Gross Profit ·$88.2K$38.0K·········
R&D Expense $11M$17M$16M$13M$12M$5M$4M$4M$4M$2M$3M$3M
SG&A Expense $10M$6M$5M$4M$5M$2M$2M$2M$2M$2M$2M$2M
Operating Expenses $21M$23M$21M$17M$17M$7M$6M$6M$6M$4M$5M$4M
Operating Income $-21M$-23M$-21M$-17M$-17M$-7M$-6M$-6M$-6M$-4M$-5M$-4M
Interest Expense ··$673.6K$209.7K$2M$116.4K$407.8K$172.2K$226.1K$271.9K·$16.9K
Interest Income $842.4K$926.9K$657.5K$91.7K$13.8K$776$232$250$250$255$249$249
Other Non-op $645$-5.1K$-12.2K$27.2K········
Pretax Income $-20M$-23M··········
Net Income $-20M$-23M$-21M$-17M$-19M$-7M$-7M$-6M$-6M$-4M$-5M$-4M
EPS (Basic) ·$-0.19$-0.18$-0.15$-0.18$-0.07······
EPS (Diluted) $-0.16$-0.19$-0.18$-0.15$-0.18$-0.07······
Shares (Basic) ·120,599,885115,467,300111,814,926105,223,95991,859,025······
Shares (Diluted) 128,628,727120,599,885115,467,300111,814,926105,223,95991,859,025······
EBITDA $-21M·$-21M$-17M$-17M$-7M$-6M$-6M$-6M$-4M$-5M·
Balance Sheet 22
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $69M$28M$31M$24M$23M$3M$2M$2M$3M$2M$4M$3M
Receivables $190.8K$45.6K$30.4K·········
Inventory ·········$49.6K··
Prepaid Expense $601.1K$401.7K$1M$611.3K$232.3K$567.2K$372.5K$538.0K$584.9K$136.9K$264.5K$128.2K
Current Assets $70M$28M$33M$25M$24M$4M$3M$3M$4M$2M$4M$3M
PP&E (Net) $5M$6M$5M$3M$2M$2M$2M$2M$1M$425.6K$495.1K$375.2K
PP&E (Gross) $13M$12M$10M$7M$5M$4M$4M$3M$2M$1M$1M$751.9K
Accum. Depreciation $8M$6M$5M$4M$3M$2M$2M$1M$865.9K$683.9K$536.7K$376.6K
Intangibles $2M$1M$1M$1M$848.1K$916.0K$939.5K$938.2K$605.8K$668.0K$619.8K$610.0K
Other Non-current Assets ···$1M$1M$2M$2M$938.2K····
Total Assets $79M$38M$42M$29M$27M$7M$7M$5M$6M$3M$5M$4M
Accounts Payable $477.9K$516.0K$1M$791.7K$215.7K$169.2K$88.4K$150.7K$54.2K$65.0K$32.9K$178.2K
Accrued Liabilities ····$1M$81.4K$65.8K$1.2K$92.2K$57.3K$65.0K$33.4K
Current Liabilities $2M$2M$3M$2M$2M$933.0K$997.6K$395.4K$648.8K$127.9K··
Capital Leases $2M$3M$3M$168.1K$358.3K$536.4K$703.5K·····
Total Liabilities $5M$4M$5M$2M$2M$2M$2M$544.5K$833.1K$127.9K$103.0K$221.8K
Common Stock $146.1K$123.3K$118.1K$112.9K$110.6K$97.8K$87.4K$79.2K$74.1K$68.1K$65.2K$58.4K
Paid-in Capital $242M$181M$161M$134M········
Retained Earnings $-167M$-147M$-124M$-107M$-90M$-71M$-64M$-58M$-52M$-46M$-42M$-37M
Stockholders' Equity $75M$33M$36M$28M$25M$6M$5M$5M$5M$3M$5M$4M
Liabilities + Equity $79M$38M$42M$29M$27M$7M$7M$5M$6M$3M$5M$4M
Shares Outstanding 146,050,506123,301,653118,137,309112,882,793110,555,45997,775,78987,409,60079,176,33074,068,25968,077,28865,237,87958,381,854
Cash Flow 10
Metric Trend 202520242023202220212020201920182017201620152014
D&A $2M$2M$1M$1M$878.5K$784.4K$698.7K$465.8K$325.9K$195.6K$179.9K$151.2K
Stock-based Comp ···$6M$1M$539.4K$600.7K$387.7K$794.7K$436.2K$1M$824.7K
Deferred Tax $-4M$-4M$-7M$-5M$-4M$-2M$-2M$-2M$5M$-1M$-1M$-211.0K
Amort. of Intangibles $82.3K$119.3K$83.5K$78.2K$86.5K$83.4K$81.0K$65.0K$95.3K$15.9K$19.8K$14.9K
Operating Cash Flow $-14M$-16M$-12M$-11M$-10M$-5M$-5M$-4M$-4M$-3M$-3M$-3M
CapEx $1M$2M$3M$1M$1M$158.1K$223.5K$1M$183.8K$129.2K$279.9K$213.2K
Investing Cash Flow $-2M$-3M$-3M$-2M$-1M$-218.0K$-305.7K$-1M$-265.5K$-173.8K$-309.5K$-294.5K
Financing Cash Flow $57M$14M$23M$13M$32M$6M$5M$5M$6M$2M$4M$4M
Net Change in Cash ······$61.7K$-1M$2M$-2M$564.8K$895.2K
Free Cash Flow $-15M·$-16M$-12M$-11M$-5M$-5M$-5M$-5M$-3M$-4M$-3M
Profitability 6
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin -8765.5%·-52405.5%·········
Net Margin -8576.5%·-51943.2%········-176391.9%
Pretax Margin -8576.5%···········
EBITDA Margin -8765.5%·-52405.5%·········
ROA -34.7%·-59.2%-61.0%-107.7%-94.6%-109.6%-104.0%-127.2%-106.2%-103.2%-117.2%
ROE -39.3%·-58.6%-61.2%-92.7%-130.6%-139.2%-118.7%-142.4%-109.3%-106.9%-122.8%
Liquidity & Solvency 3
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 32.7·12.716.914.94.22.67.36.3···
Quick Ratio 32.4·12.216.014.83.52.26.35.4···
Interest Coverage ··-31.5-81.7-8.3-56.7-15.5-32.5-24.4-15.2··
Efficiency 2
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.0·0.0········0.0
Receivables Turnover 2.0·2.7·········
Per Share 5
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $0.51·$0.31$0.24$0.23$0.06$0.06$0.06$0.07$0.04$0.08$0.07
Revenue / Share $0.00·$0.00·········
Cash Flow / Share $-0.11·$-0.11$-0.09········
Cash / Share $0.47·$0.27$0.21$0.21$0.03$0.03$0.03$0.05$0.03$0.06$0.05
EPS (TTM) $-0.16$-0.19$-0.18$-0.15$-0.18$-0.07······
Growth Rates 1
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 147.7%136.1%··········
Valuation (TTM) 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $236.9K$95.6K$40.5K········$2.5K
Net Income TTM $-20M$-23M$-21M$-17M$-19M$-7M$-7M$-6M$-6M$-4M$-5M$-4M
Market Cap $473M·$588M$487M$1.65B$91M$61M$56M$84M$42M$38M$45M
P/E -20.2-11.1-27.7-28.7-82.7-13.3······
P/S 1997.9·14525.8········17981.6
P/B 6.3·16.117.765.315.712.511.516.813.87.711.1
P / Tangible Book 6.58.116.718.367.518.7······
P / Cash Flow -34.4·-48.1-46.5-163.9-18.7-12.8-12.8-19.1-13.4-11.2-14.3
P / FCF -31.4·-37.9-41.3-147.7-18.1-12.3-10.3-18.4-12.9-10.3-13.4
Earnings Yield -4.9%-9.0%-3.6%-3.5%-1.2%-7.5%······

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $236.9K $95.6K $40.5K · ·
Operating Margin % -8765.5% · -52405.5% · ·
Net Income $-20M $-23M $-21M $-17M $-19M
Diluted EPS $-0.16 $-0.19 $-0.18 $-0.15 $-0.18

Institutional owners (13F) 191 filers · $631.5M total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 191
Value held $631.5M
New positions 77
Exited positions 37
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
77 (+34 vs prior Q) 37 (+16 vs prior Q) 54 (+5 vs prior Q) 30 (+8 vs prior Q) +20.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $116,413,305 12,305,846 18.44% Shares
VANGUARD CAPITAL MANAGEMENT LLC $61,977,133 6,551,494 9.82% Shares
STATE STREET CORP $42,035,813 4,443,532 6.66% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $41,856,716 4,424,600 6.63% Shares
GEODE CAPITAL MANAGEMENT, LLC $38,453,278 4,064,111 6.09% Shares
VANGUARD GROUP INC $31,733,454 9,794,276 5.03% Shares
MARSHALL WACE, LLP $28,921,045 3,057,193 4.58% Shares
UBS Group AG $27,613,882 2,919,015 4.37% Shares
JANE STREET GROUP, LLC $15,082,078 1,594,300 2.39% Put option
NORTHERN TRUST CORP $13,103,925 1,385,193 2.08% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $12,276,242 1,297,700 1.94% Call option
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $12,010,066 1,269,563 1.90% Shares
JANE STREET GROUP, LLC $11,017,220 1,164,611 1.74% Shares
VANGUARD FIDUCIARY TRUST CO $10,205,874 1,078,845 1.62% Shares
CITADEL ADVISORS LLC $9,781,640 1,034,000 1.55% Call option
LPL Financial LLC $8,851,599 935,687 1.40% Shares
JUPITER ASSET MANAGEMENT LTD $8,824,165 932,787 1.40% Shares
CITADEL ADVISORS LLC $7,810,176 825,600 1.24% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $7,780,850 822,500 1.23% Put option
RAYMOND JAMES FINANCIAL INC $7,694,934 813,418 1.22% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $6,857,913 724,938 1.09% Shares
TWO SIGMA INVESTMENTS, LP $6,828,493 721,828 1.08% Shares
GROUP ONE TRADING LLC $4,829,425 510,510 0.76% Shares
Bank of New York Mellon Corp $4,370,002 461,945 0.69% Shares
UMB Bank, n.a. $3,813,250 403,092 0.60% Shares
Qube Research & Technologies Ltd $3,797,651 401,443 0.60% Shares
GOLDMAN SACHS GROUP INC $3,685,626 389,601 0.58% Shares
Nuveen, LLC $3,513,387 371,394 0.56% Shares
Walleye Trading LLC $3,246,672 343,200 0.51% Call option
Walleye Trading LLC $2,913,680 308,000 0.46% Put option
Swiss National Bank $2,858,812 302,200 0.45% Shares
MILLENNIUM MANAGEMENT LLC $2,775,337 293,376 0.44% Shares
ALGERT GLOBAL LLC $2,753,333 291,050 0.44% Shares
JPMORGAN CHASE & CO $2,659,915 282,730 0.42% Shares
MORGAN STANLEY $2,343,928 247,772 0.37% Shares
Clear Street Group Inc. $2,269,227 239,876 0.36% Shares
XTX Topco Ltd $2,091,303 221,068 0.33% Shares
CITADEL ADVISORS LLC $2,029,596 214,545 0.32% Shares
Kestra Advisory Services, LLC $2,028,640 214,444 0.32% Shares
JANE STREET GROUP, LLC $2,025,386 214,100 0.32% Call option
Squarepoint Ops LLC $1,898,660 200,704 0.30% Shares
RHUMBLINE ADVISERS $1,889,117 199,696 0.30% Shares
Capstone Capital Management Ltd $1,666,493 176,162 0.26% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $1,619,779 171,224 0.26% Shares
DEUTSCHE BANK AG\ $1,572,413 166,217 0.25% Shares
WELLS FARGO & COMPANY/MN $1,466,300 155,000 0.23% Shares
First Western Trust Bank $1,349,923 142,698 0.21% Shares
BANK OF AMERICA CORP /DE/ $1,300,315 137,454 0.21% Shares
Legal & General Group Plc $1,291,528 136,391 0.20% Shares
IMC-Chicago, LLC $1,250,101 132,146 0.20% Shares

Show all 191 institutional owners →

Company insiders 22 insiders · 10 officers · 17 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Yves Le Maitre CEO Sept. 12, 2026 F 1,900,203 0 0 $0
Michael Stephen Lebby CEO June 18, 2024 A 63,643 0 0 $0
Harold R Bennett Chief Executive Officer Feb. 5, 2008 A 400,000 0 0 $0
Fred Graffam Chief Financial Officer July 24, 2026 A 396,694 0 0 $0
James S. Marcelli CFO, COO Dec. 31, 2025 F 868,293 0 0 $0
Thomas Edward Zelibor President Dec. 31, 2025 F 386,722 0 0 $0
Snizhana P. Quan Principal Financial Officer June 1, 2026 A 53,280 0 3 $-392,886
Frederick J Goetz Jr Senior V.P. & Co-Founder April 14, 2011 S 3,221,667 0 0 $0
David Fielder Eaton Chief Technology Officer Dec. 13, 2010 A 250,000 0 0 $0
Andrew J Ashton Vice President, Treasurer, Sec April 28, 2009 G 2,981,667 0 0 $0
Craig Ciesla Director June 1, 2026 A 132,436 0 1 $-74,910
Laila Partridge Director June 1, 2026 A 94,335 0 2 $-112,440
Siraj Nour El-Ahmadi Director June 1, 2026 A 110,780 0 3 $-667,425
Ronald A Bucchi Director June 1, 2026 A 208,491 0 1 $-76,120
Thomas M Connelly JR Director June 1, 2026 A 90,744 0 2 $-101,380
Frederick J Leonberger Director Dec. 21, 2024 X 296,369 0 0 $0
Joseph A Miller Director Jan. 14, 2021 A 13,400 0 0 $0
William Clendenin Pickett III Director Jan. 23, 2018 A 21,000 0 0 $0
George Lauro Director Feb. 11, 2016 A 27,727 0 0 $0
Ross W. Fasick Director June 28, 2013 G 39,000 0 0 $0
Thomas P Smith Director Oct. 24, 2009 M 885,350 0 0 $0
Mary Goetz 10% owner Jan. 9, 2009 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 19 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 126,396 NS July 31, 2026 N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS 0.09% 172,371 SH Aug. 19, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.06% 125,400 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.05% 1,516,504 SH Sept. 11, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.05% 925,480 SH Aug. 19, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.04% 41,053 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.03% 76,975 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.03% 4,090,149 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.03% 47,168 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.02% 1,727,674 SH Aug. 19, 2026 Daily
VGT · VANGUARD WORLD FUND 0.02% 3,135,984 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.01% 9,572 SH Sept. 11, 2026 Daily
IGM · iShares Trust 0.00% 70,788 SH Sept. 11, 2026 Daily
FTEC · FIDELITY COVINGTON TRUST 0.00% 43,092 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 43,081 SH Sept. 10, 2026 Daily
ITOT · iShares Trust 0.00% 192,586 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 4,677,225 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 13,216 SH Aug. 19, 2026 Daily
ISCB · iShares Trust · 6,686 SH Sept. 11, 2026 Daily

LWLG Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21

12-Month Price Target

1 analysts · 2026-09-30

Mean target $10.00 +75.4%

Low$10.00 Mean$10.00 High$10.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
LWLG $473M -20.2 147.7% -8576.5% -39.3% ·
VSH · -207.0 4.5% -0.29% -0.44% 19.4%
BDC $4.54B 19.7 10.3% 8.8% 19.0% 38.0%
BELFA · · 26.3% 9.1% 15.7% 39.1%
KN $1.82B 42.9 7.2% 7.4% 5.8% 43.2%
ROG $1.63B -26.9 -2.3% -7.6% -5.1% 31.7%
AMPG · · · · · ·
CPSH $58M 107.0 54.3% 1.3% 2.1% 16.2%

Latest News Recent headlines mentioning this company

23

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Source: SEC 10-Q filed Aug 14, 2026