LWACU
LWACU
LightWave Acquisition Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $152.96K ▲ | $2.11M ▲ | 0% | $0.07 ▲ | $-152.96K ▼ |
| Q2-2025 | $0 | $87.17K ▲ | $-360.69K ▼ | 0% | $-0.08 ▼ | $-87.17K ▼ |
| Q1-2025 | $0 | $47.19K ▼ | $-47.19K ▲ | 0% | $-0.01 ▼ | $-47.19K ▲ |
| Q2-2021 | $0 | $2.24M | $-4.71M | 0% | $0 | $-4.71M |
What's going well?
The company posted a profit this quarter, mainly due to a large one-time gain. No interest or tax burden helps keep losses in check.
What's concerning?
There is still no revenue, expenses are rising, and the profit is not from the actual business. Share dilution is also a red flag for investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $902.43K ▼ | $219.07M ▲ | $7.67M ▼ | $211.4M ▲ |
| Q2-2025 | $1.14M ▲ | $217.03M ▲ | $7.74M ▲ | $209.29M ▲ |
| Q1-2025 | $14.59K ▼ | $166.33K ▼ | $188.52K ▼ | $-22.19K ▼ |
| Q2-2021 | $1.2M ▲ | $176.44M ▲ | $14.81M ▲ | $161.63M ▲ |
| Q4-2020 | $12.03K | $189.97K | $166.97K | $22.99K |
What's financially strong about this company?
The company has no debt, lots of cash relative to its bills, and a huge equity cushion. It easily covers all short-term obligations and has no hidden risks or off-balance-sheet surprises.
What are the financial risks or weaknesses?
Retained earnings are negative, so the company has lost money over its history. Cash is down a bit from last quarter, and most assets are tied up in non-current items, not cash.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2021 | $-4.71M ▼ | $-264.06K ▼ | $0 | $626 ▼ | $-263.43K ▼ | $-264.06K ▼ |
| Q4-2020 | $0 | $-1.07K | $0 | $13.1K | $12.03K | $-1.07K |
What's strong about this company's cash flow?
Working capital changes helped soften the cash burn this quarter. The company is not spending on big investments, keeping costs low.
What are the cash flow concerns?
Cash burn is rising sharply, and with only $1.2 million left, the company will need more funding soon. No revenue or capital spending means growth is stalled, and survival depends on raising new money.
About LightWave Acquisition Corp.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $152.96K ▲ | $2.11M ▲ | 0% | $0.07 ▲ | $-152.96K ▼ |
| Q2-2025 | $0 | $87.17K ▲ | $-360.69K ▼ | 0% | $-0.08 ▼ | $-87.17K ▼ |
| Q1-2025 | $0 | $47.19K ▼ | $-47.19K ▲ | 0% | $-0.01 ▼ | $-47.19K ▲ |
| Q2-2021 | $0 | $2.24M | $-4.71M | 0% | $0 | $-4.71M |
What's going well?
The company posted a profit this quarter, mainly due to a large one-time gain. No interest or tax burden helps keep losses in check.
What's concerning?
There is still no revenue, expenses are rising, and the profit is not from the actual business. Share dilution is also a red flag for investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $902.43K ▼ | $219.07M ▲ | $7.67M ▼ | $211.4M ▲ |
| Q2-2025 | $1.14M ▲ | $217.03M ▲ | $7.74M ▲ | $209.29M ▲ |
| Q1-2025 | $14.59K ▼ | $166.33K ▼ | $188.52K ▼ | $-22.19K ▼ |
| Q2-2021 | $1.2M ▲ | $176.44M ▲ | $14.81M ▲ | $161.63M ▲ |
| Q4-2020 | $12.03K | $189.97K | $166.97K | $22.99K |
What's financially strong about this company?
The company has no debt, lots of cash relative to its bills, and a huge equity cushion. It easily covers all short-term obligations and has no hidden risks or off-balance-sheet surprises.
What are the financial risks or weaknesses?
Retained earnings are negative, so the company has lost money over its history. Cash is down a bit from last quarter, and most assets are tied up in non-current items, not cash.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2021 | $-4.71M ▼ | $-264.06K ▼ | $0 | $626 ▼ | $-263.43K ▼ | $-264.06K ▼ |
| Q4-2020 | $0 | $-1.07K | $0 | $13.1K | $12.03K | $-1.07K |
What's strong about this company's cash flow?
Working capital changes helped soften the cash burn this quarter. The company is not spending on big investments, keeping costs low.
What are the cash flow concerns?
Cash burn is rising sharply, and with only $1.2 million left, the company will need more funding soon. No revenue or capital spending means growth is stalled, and survival depends on raising new money.
CEO
Robert M. Bennett