David reflects on what he’s been through and learned throughout the album, especially on holding to the memories of Veronica. Knowing he is in a play/album, he also realizes he is in a cycle where he will continue to experience the events of the album when the first song is listened to again.

The name “Lights Go Up” refers to what happens at the end of a play, where the theater is lit and the audience leaves, since this is the end.