LWACW
LWACW
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 |
What's going well?
The company reported a profit this quarter, but this was entirely due to a large one-time gain. There is no debt burden or interest expense.
What's concerning?
There is still no revenue, expenses are rising, and the profit is not from actual business activity. The big jump in share count also dilutes existing shareholders.
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 |
What's financially strong about this company?
No debt at all, very high shareholder equity, and they can easily pay all near-term bills. The balance sheet is clean, with no hidden risks or lease obligations.
What are the financial risks or weaknesses?
Most assets are not cash or receivables, and it's unclear what 'other non-current assets' are. Retained earnings are negative, showing a history of losses, and cash is only a small part of total assets.
About LightWave Acquisition Corp.
https://lightwaveacquisition.com/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 |
What's going well?
The company reported a profit this quarter, but this was entirely due to a large one-time gain. There is no debt burden or interest expense.
What's concerning?
There is still no revenue, expenses are rising, and the profit is not from actual business activity. The big jump in share count also dilutes existing shareholders.
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 |
What's financially strong about this company?
No debt at all, very high shareholder equity, and they can easily pay all near-term bills. The balance sheet is clean, with no hidden risks or lease obligations.
What are the financial risks or weaknesses?
Most assets are not cash or receivables, and it's unclear what 'other non-current assets' are. Retained earnings are negative, showing a history of losses, and cash is only a small part of total assets.

CEO
Robert M. Bennett
Compensation Summary
(Year )
Ratings Snapshot
Rating : C-

