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Side-by-side financial comparison of Lightwave Logic, Inc. (LWLG) and PureTech Health plc (PRTC). Click either name above to swap in a different company.

PureTech Health plc is the larger business by last-quarter revenue ($180.0K vs $159.2K, roughly 1.1× Lightwave Logic, Inc.). Lightwave Logic, Inc. runs the higher net margin — -3486.6% vs -22820.6%, a 19333.9% gap on every dollar of revenue.

Lightwave Logic, Inc. is a technology firm specializing in the development of advanced electro-optic polymer materials and integrated photonic devices. Its solutions target data center, telecommunications, and optical networking segments, delivering higher data transmission speeds and lower energy consumption than traditional photonic technologies.

PureTech Health is an American biotechnology company which develops medicines to combat serious diseases. It is listed on the London Stock Exchange.

LWLG vs PRTC — Head-to-Head

Bigger by revenue
PRTC
PRTC
1.1× larger
PRTC
$180.0K
$159.2K
LWLG
Higher net margin
LWLG
LWLG
19333.9% more per $
LWLG
-3486.6%
-22820.6%
PRTC

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
LWLG
LWLG
PRTC
PRTC
Revenue
$159.2K
$180.0K
Net Profit
$-5.5M
$-41.1M
Gross Margin
99.2%
Operating Margin
-3629.3%
-38908.9%
Net Margin
-3486.6%
-22820.6%
Revenue YoY
594.5%
Net Profit YoY
-0.3%
EPS (diluted)
$-0.04
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LWLG
LWLG
PRTC
PRTC
Q4 25
$159.2K
Q3 25
$29.2K
Q2 25
$25.6K
Q1 25
$22.9K
Q4 24
$22.9K
Q3 24
$22.9K
Q1 24
$30.4K
Q4 23
$180.0K
Net Profit
LWLG
LWLG
PRTC
PRTC
Q4 25
$-5.5M
Q3 25
$-5.1M
Q2 25
$-5.0M
Q1 25
$-4.7M
Q4 24
$-5.5M
Q3 24
$-5.3M
Q1 24
$-5.7M
Q4 23
$-41.1M
Gross Margin
LWLG
LWLG
PRTC
PRTC
Q4 25
99.2%
Q3 25
Q2 25
86.5%
Q1 25
91.2%
Q4 24
95.7%
Q3 24
94.6%
Q1 24
83.0%
Q4 23
Operating Margin
LWLG
LWLG
PRTC
PRTC
Q4 25
-3629.3%
Q3 25
-17757.5%
Q2 25
-19137.6%
Q1 25
-21405.0%
Q4 24
-24879.3%
Q3 24
-23115.3%
Q1 24
-19235.5%
Q4 23
-38908.9%
Net Margin
LWLG
LWLG
PRTC
PRTC
Q4 25
-3486.6%
Q3 25
-17488.0%
Q2 25
-19397.1%
Q1 25
-20495.8%
Q4 24
-24150.3%
Q3 24
-23131.9%
Q1 24
-18673.5%
Q4 23
-22820.6%
EPS (diluted)
LWLG
LWLG
PRTC
PRTC
Q4 25
$-0.04
Q3 25
$-0.04
Q2 25
$-0.04
Q1 25
$-0.04
Q4 24
$-0.05
Q3 24
$-0.04
Q1 24
$-0.05
Q4 23
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LWLG
LWLG
PRTC
PRTC
Cash + ST InvestmentsLiquidity on hand
$69.0M
$191.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$74.6M
$458.2M
Total Assets
$79.2M
$694.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWLG
LWLG
PRTC
PRTC
Q4 25
$69.0M
Q3 25
$34.9M
Q2 25
$22.1M
Q1 25
$25.0M
Q4 24
$27.7M
Q3 24
$26.9M
Q1 24
$31.5M
Q4 23
$191.1M
Total Debt
LWLG
LWLG
PRTC
PRTC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q1 24
Q4 23
$0
Stockholders' Equity
LWLG
LWLG
PRTC
PRTC
Q4 25
$74.6M
Q3 25
$41.2M
Q2 25
$28.8M
Q1 25
$31.5M
Q4 24
$33.4M
Q3 24
$33.5M
Q1 24
$37.2M
Q4 23
$458.2M
Total Assets
LWLG
LWLG
PRTC
PRTC
Q4 25
$79.2M
Q3 25
$44.8M
Q2 25
$32.4M
Q1 25
$35.6M
Q4 24
$37.8M
Q3 24
$37.2M
Q1 24
$41.7M
Q4 23
$694.0M
Debt / Equity
LWLG
LWLG
PRTC
PRTC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q1 24
Q4 23
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LWLG
LWLG
PRTC
PRTC
Operating Cash FlowLast quarter
$-3.3M
$-40.8M
Free Cash FlowOCF − Capex
$-3.7M
FCF MarginFCF / Revenue
-2319.2%
Capex IntensityCapex / Revenue
237.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-15.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWLG
LWLG
PRTC
PRTC
Q4 25
$-3.3M
Q3 25
$-3.2M
Q2 25
$-3.8M
Q1 25
$-3.5M
Q4 24
$-3.1M
Q3 24
$-3.6M
Q1 24
$-4.8M
Q4 23
$-40.8M
Free Cash Flow
LWLG
LWLG
PRTC
PRTC
Q4 25
$-3.7M
Q3 25
$-3.2M
Q2 25
$-3.8M
Q1 25
$-4.3M
Q4 24
$-3.5M
Q3 24
$-3.9M
Q1 24
$-5.5M
Q4 23
FCF Margin
LWLG
LWLG
PRTC
PRTC
Q4 25
-2319.2%
Q3 25
-11093.4%
Q2 25
-14881.6%
Q1 25
-18953.9%
Q4 24
-15134.1%
Q3 24
-17193.6%
Q1 24
-18238.4%
Q4 23
Capex Intensity
LWLG
LWLG
PRTC
PRTC
Q4 25
237.9%
Q3 25
203.3%
Q2 25
157.6%
Q1 25
3724.5%
Q4 24
1448.6%
Q3 24
1525.8%
Q1 24
2549.2%
Q4 23
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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