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 |
|---|---|---|---|---|
| Q4-2025 | $808.77K ▼ | $221.03M ▲ | $7.7M ▲ | $213.33M ▲ |
| 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 |
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.
https://lightwaveacquisition.com/LightWave Acquisition Corp. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on January 22, 2025 and is headquartered in Dallas, TX.
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 |
|---|---|---|---|---|
| Q4-2025 | $808.77K ▼ | $221.03M ▲ | $7.7M ▲ | $213.33M ▲ |
| 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 |
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
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+