View Past PerformanceLightwave Logic バランスシートの健全性財務の健全性 基準チェック /66Lightwave Logicの総株主資本は$81.3M 、総負債は$0.0で、負債比率は0%となります。総資産と総負債はそれぞれ$85.9Mと$4.6Mです。主要情報0%負債資本比率US$0負債インタレスト・カバレッジ・レシオn/a現金US$75.10mエクイティUS$81.31m負債合計US$4.60m総資産US$85.91m財務の健全性に関する最新情報分析記事 • Oct 18We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Jul 05Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Feb 27Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Nov 14We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...分析記事 • May 31Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...分析記事 • Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...すべての更新を表示Recent updatesReported Earnings • May 18First quarter 2026 earnings released: US$0.043 loss per share (vs US$0.038 loss in 1Q 2025)First quarter 2026 results: US$0.043 loss per share (further deteriorated from US$0.038 loss in 1Q 2025). Net loss: US$6.30m (loss widened 34% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.ライブニュース • May 14Lightwave Logic Sees 27% Revenue Growth and Expands Fortune 500 Prototyping PartnershipsLightwave Logic reported Q1 2026 revenue growth of 27% year over year and cash reserves of US$75.1 million, which the company plans to use to support a shift toward high-volume production starting in 2027. The company released Version 1.1 of its backend-of-line polymer photonics PDK, which it says is ready for transfer to a high-volume foundry, with most integration work targeted for completion in the second half of 2026. Management highlighted four Fortune 500 or Global 500 customers at Stage 3 prototyping, ongoing talks for a large supply and licensing agreement, and integration of its electro-optic polymer platform into the GDSFactory PDK for GlobalFoundries’ silicon photonics process. Taken together, the recent updates point to Lightwave Logic moving from pure development toward manufacturable products, with cash on hand and foundry-ready tools intended to support that transition. The key questions for you are how quickly these prototyping relationships convert into firm supply and licensing deals and whether the company can keep execution on track for its stated 2026–2027 production milestones.お知らせ • May 05Lightwave Logic, Inc. to Report Q1, 2026 Results on May 12, 2026Lightwave Logic, Inc. announced that they will report Q1, 2026 results on May 12, 2026ナラティブの更新 • Apr 22Lightwave Logic (LWLG): Transitioning Into Foundry Tape-Out Phase as Commercial Path ClarifiesInvestment Overview Lightwave Logic has entered a more advanced stage of development, marked by a formalized foundry agreement and the initiation of fabrication activity. The company is no longer positioned solely as a materials innovator; it is now progressing into active semiconductor design and manufacturing cycles.お知らせ • Apr 13Lightwave Logic, Inc., Annual General Meeting, May 21, 2026Lightwave Logic, Inc., Annual General Meeting, May 21, 2026.Recent Insider Transactions • Apr 09Director recently sold US$267k worth of stockOn the 7th of April, Siraj El-Ahmadi sold around 34k shares on-market at roughly US$7.76 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$435k more than they bought in the last 12 months.ナラティブの更新 • Apr 08How Nvidia learned to embrace the light in its quest for scalehttps://www.theregister.com/2026/04/05/nvidia_optical_scale_up/ If you thought Nvidia's GB200 rack systems were big, CEO Jensen Huang is just getting started. At GTC last month, the world's most valuable company revealed plans to use photonic interconnects to pack more than a thousand GPUs into a single mammoth system by 2028.ナラティブの更新 • Mar 27LWLG is a high-risk, high-reward bet on whether a superior material can overcome the semiconductor industry’s resistance to change.Lightwave Logic — Integrated Deep-Dive Summary 1) Core Thesis Lightwave Logic is developing electro-optic (EO) polymer modulators designed to replace or augment traditional silicon photonics components. The company is targeting a critical bottleneck in modern computing : The speed, power consumption, and efficiency of moving data (interconnects), not processing it.Reported Earnings • Mar 22Full year 2025 earnings released: US$0.16 loss per share (vs US$0.19 loss in FY 2024)Full year 2025 results: US$0.16 loss per share (improved from US$0.19 loss in FY 2024). Net loss: US$20.3m (loss narrowed 9.9% from FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.新しいナラティブ • Mar 20Pre Commercialization optimismLightwave Logic (LWLG) is transitioning from a research-focused entity to a commercial one, with meaningful volume production and licensing revenues anticipated to begin in 2027. Investing.com +1 The following is a breakdown of earnings and revenue expectations for the next three fiscal years based on the company's Q4 2025 earnings call and current guidance: 2026: Execution and Milestone Year Revenue Outlook : Revenue will be driven primarily by material supply and non-recurring engineering (NRE) activities.New Risk • Mar 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m (US$101k revenue). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (US$92k sold).お知らせ • Feb 24Lightwave Logic, Inc. to Report Q4, 2025 Results on Mar 05, 2026Lightwave Logic, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2026Recent Insider Transactions Derivative • Jan 28Director notifies of intention to sell stockSiraj El-Ahmadi intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of January. If the sale is conducted around the recent share price of US$3.48, it would amount to US$89k. Since March 2025, Siraj's direct individual holding has increased from 88.31k shares to 99.54k. Company insiders have collectively sold US$461k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jan 08Director recently sold US$92k worth of stockOn the 31st of December, Siraj El-Ahmadi sold around 29k shares on-market at roughly US$3.15 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • Jan 08+ 1 more updateLightwave Logic, Inc. Appoints Snizhana Quan As Principal Financial Officer, Effective January 6, 2026Lightwave Logic, Inc. appointed Snizhana "Ana" Quan as the Company's Principal Financial Officer, effective January 6, 2026. Snizhana Quan, age 47, has served as the Company's Corporate Controller since October 2023. Prior to joining the Company, Ms. Quan served as the Global Corporate Controller of Stolle Machinery Company, LLC from May 2019 through October 2023 and as the Assistant Controller of Stolle from May 2018 through April 2019. From February 2017 through May 2018, Ms. Quan served as the Director of Corporate Accounting and SEC Reporting of Frontier Airlines (Nasdaq: ULCC). From June 2015 through February 2017, Ms. Quan also served as Director of Accounting and Financial Reporting for NTT America, having previously served as its Senior Manager of Financial Reporting and Technical Accounting from February 2014 through May 2015. Ms. Quan also held financial and accounting roles of increasing responsibility at Western Union (NYSE: WU) from August 2012 through February 2014 and The Comex Group from June 2009 through August 2012. Ms. Quan began her career at KPMG LLP, where she worked in audit and risk advisory services from August 2005 through April 2009. Ms. Quan holds a Bachelor of Science in Business Administration Accounting/Finance from the University of Colorado and is a certified public accountant in Colorado. The Company also announced the retirement of James S. Marcelli from his roles as the Company's Chief Financial Officer and Chief Operating Officer and as a director of the Company effective as of December 31, 2025.Recent Insider Transactions Derivative • Jan 05Director notifies of intention to sell stockSiraj El-Ahmadi intends to sell 49k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of December. If the sale is conducted around the recent share price of US$3.15, it would amount to US$155k. Since March 2025, Siraj's direct individual holding has increased from 88.31k shares to 128.63k. Company insiders have collectively sold US$258k more than they bought, via options and on-market transactions in the last 12 months.New Risk • Jan 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m (US$101k revenue). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).お知らせ • Dec 16+ 1 more updateLightwave Logic, Inc. has completed a Follow-on Equity Offering in the amount of $35.000001 million.Lightwave Logic, Inc. has completed a Follow-on Equity Offering in the amount of $35.000001 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 11,666,667 Price\Range: $3 Discount Per Security: $0.165Reported Earnings • Nov 17Third quarter 2025 earnings released: US$0.039 loss per share (vs US$0.044 loss in 3Q 2024)Third quarter 2025 results: US$0.039 loss per share (improved from US$0.044 loss in 3Q 2024). Net loss: US$5.10m (loss narrowed 3.8% from 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.分析記事 • Oct 18We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Seeking Alpha • Sep 04Reflexivity Plays In Lightwave Logic's Favour Post Jackson HoleSummary LWLG is still a very volatile and risky stock subject to major uncertainties and at the mercy of the capital environment. As such, it is fundamental for the business that its stock price is strong enough to support low-cost equity financing, upon which it will continue to rely. In addition to positive stress test results that build the case for the data center environment, rate cutting and therefore lower cost of capital benchmarks are in sight. This has meant reflexivity has been playing in stock's favour, as opposed to against it finally. Though there are still risks of that turning. Read the full article on Seeking AlphaReported Earnings • Aug 15Second quarter 2025 earnings released: US$0.045 loss per share (vs US$0.05 loss in 2Q 2024)Second quarter 2025 results: US$0.045 loss per share (improved from US$0.05 loss in 2Q 2024). Net loss: US$5.67m (loss narrowed 5.8% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.New Risk • Jul 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m (US$88k revenue).分析記事 • Jul 05Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Recent Insider Transactions Derivative • Jun 23COO, CFO exercised options and sold US$456k worth of stockOn the 17th of June, James Marcelli exercised 1.15m options at around US$0.70, then sold 801k of the shares acquired at an average of US$1.27 per share and kept the remainder. Since March 2025, James has owned 289.74k shares directly. Company insiders have collectively sold US$75k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • May 14First quarter 2025 earnings released: US$0.038 loss per share (vs US$0.048 loss in 1Q 2024)First quarter 2025 results: US$0.038 loss per share (improved from US$0.048 loss in 1Q 2024). Net loss: US$4.70m (loss narrowed 17% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 18Lightwave Logic, Inc., Annual General Meeting, May 15, 2025Lightwave Logic, Inc., Annual General Meeting, May 15, 2025. Location: hilton denver inverness aspen room on the garden, level 200 inverness dr w, englewood co 80112, United States分析記事 • Feb 27Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Board Change • Feb 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Laila Partridge was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 03Lightwave Logic, Inc. Director Frederick Leonberger to Retire from Board of Directors and Transition to Company's Advisory BoardLightwave Logic, Inc. announced that Dr. Frederick J. Leonberger will transition from the Company's Board of Directors to the Company's Advisory Board following his retirement from the Board on December 31, 2024. Dr. Leonberger's retirement marks the conclusion of a distinguished eight-year tenure on the Board.Recent Insider Transactions Derivative • Dec 27Independent Director exercised options to buy US$205k worth of stock.On the 21st of December, Frederick Leonberger exercised options to buy 100k shares at a strike price of around US$0.77, costing a total of US$77k. This transaction amounted to 51% of their direct individual holding at the time of the trade. Since March 2024, Frederick's direct individual holding has increased from 179.13k shares to 196.37k. This was the only transaction from an insider over the last 12 months.お知らせ • Dec 15Lightwave Logic, Inc. Appoints James S Marcelli as Chief Financial OfficerEffective December 11, 2024, the Board of Lightwave Logic, Inc. appointed James S Marcelli, the Company’s current Chief Operating Officer and principal financial officer, as Chief Financial Officer.お知らせ • Dec 14+ 1 more updateLightwave Logic, Inc. Announces Chief Executive Officer ChangesTo provide leadership for the new stage of the company's growth, the Board of Directors of Lightwave Logic, Inc. has named optical communications industry veteran Yves LeMaitre as Chief Executive Officer of the Company. Dr. Michael Lebby has retired as Chief Executive Officer of Lightwave Logic, effective December 10, 2024. Mr. LeMaitre has served as a member of the Board since August 1, 2024 and will continue to do so. Mr. Le Maitre, 60, brings over 30 years of leadership experience in sales, corporate strategy, and P&L management to the Board, having worked with a wide range of technologies, including in the laser, optical communications, and consumer electronics industries. He currently serves as a strategic advisor to various market-leading companies in the photonics and optical communications markets. Previously, he served Astrobeam.space as Chief Executive Officer from October 2023 to March 2024. Prior to that, he served Luna Innovations Incorporated as President, RIO Lasers and SVP of North American Operations from December 2019 to December 2021, where he oversaw all U.S. business and the integration of acquisitions into current operations. Prior to that, Mr. Le Maitre served as Chief Strategy Officer of Lumentum Holdings Inc. and Oclaro, Inc. (“Oclaro”) (prior to its merger with Lumentum Holdings Inc.) in 2018 and 2019, where he was responsible for strategic planning, corporate development and marketing of the company’s core business sectors, which included optical communications, industrial lasers, and 3D sensing. From October 2013 to February 2018, he served as Oclaro’s President of Optical Connectivity Business. Prior to this, Mr. Le Maitre was Oclaro's Chief Commercial Officer from July 2011 to September 2013. He previously served as Executive Vice President, Strategy and Corporate Development, from February 2011 to July 2011, and was Executive Vice President and General Manager of Oclaro's Advanced Photonic Solutions division from April 2009 to January 2011. Previously, Mr. Le Maitre served as Vice President of Telecommunications Sales and Corporate Marketing for Oclaro from February 2008 to April 2009. Mr. Le Maitre earned a master's degree in mathematics and computer science from Nantes University in France. He also holds an engineering degree from Ecole Nationale Superieure des Telecommunications (ENST) in Paris.Board Change • Dec 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tom Connelly was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 14We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...お知らせ • Sep 10Lightwave Logic, Inc. Appoints Thomas Connelly, Jr. to Board of DirectorsLightwave Logic, Inc. announced that its Board of Directors has appointed former DuPont executive and CEO of the American Chemical Society (ACS) Thomas M. Connelly, Jr., as its newest Board member, effective September 4, 2024. With the addition to the Board of these two industry experts from the company's target markets, Lightwave Logic believes it is well-positioned to expand its initial business focus from datacenters and AI clusters connectivity to include other high growth markets, such as materials, organics, quantum/optical computing, aerospace, defense, and storage. Tom Connelly, Jr. has served as CEO of the American Chemical Society, one of the largest scientific societies with 170,000 members worldwide, and as Chief Innovation Officer of DuPont, where he was a member of its Office of the Chief Executive. Among his responsibilities in chemicals and materials over 35+ years at DuPont were its Performance Polymers and Packaging Industrial Polymers businesses. He also served as its Chief Science and Technology Officer, with responsibility across business units in the U.S., Europe and Asia. He joined DuPont in 1977, and played key roles in Delrin, Kevlar, Sorona and Teflon. Dr. Connelly holds degrees in chemical engineering (highest honors) and economics from Princeton University, and as a Winston Churchill Scholar he received a PhD in chemical engineering from the University of Cambridge. As a member of the National Academy of Engineering and its committees, he has been chair of the National Academies of Sciences, Engineering, and Medicine's committee for the Division on Earth and Life Studies. In addition, he has held advisory roles to the U.S. government and Republic of Singapore.お知らせ • Aug 10Lightwave Logic, Inc. has filed a Follow-on Equity Offering in the amount of $6.358348 million.Lightwave Logic, Inc. has filed a Follow-on Equity Offering in the amount of $6.358348 million. Security Name: Common Stock Security Type: Common Stockお知らせ • Jul 23Lightwave Logic, Inc. Announces Appointment of Yves LeMaitre to Board of Directors, Effective August 1, 2024Lightwave Logic, Inc. announced the appointment of Yves LeMaitre to Lightwave Logic's Board of Directors effective August 1st, 2024. Mr. LeMaitre brings over 30 years of executive experience in technology, corporate strategy and marketing to the Board of Directors. He currently serves as a Strategic Board Advisor to Trumpf Photonic Components, and as a strategic advisor to the Optical, RF & Micro-Electronics division of Sanmina AMT. Mr. LeMaitre most recently served as CEO of Astrobeam.Space, where he launched the startup's development of next-generation of laser beam steering for satellite to satellite communication. Previously, Mr. LeMaitre was the Head of the Optical Coherent Division of IPG Photonics, where he advised and oversaw the division'sdivestiture to Lumentum. Prior to that, he was the SVP of Luna Innovations' North America Business Operation (following the company's acquisition of RIO Lasers where he served as President). Previously, he spent 10 years in varying roles of increasing responsibility through multiple acquisitions with Oclaro (later acquired by Lumentum), ultimately achieving the roles of Chief Strategy Officer at Lumentum. During his time at OCLARO, he played a key role in positioning OCLARO as a leader in the optical connectivity business, driving the growth of Indium Phosphide lasers in the datacenter (now Generative AI front-end networks) segments. He holds a degree from Télécom Paris and a "Maitrise" Degree in Computer Science and Mathematics from Nantes Université in France.New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (US$71k revenue). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding).分析記事 • May 31Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Seeking Alpha • May 14Lightwave Logic: Commercialization Accelerates, But Profitability Is Far AwaySummary Lightwave Logic booked revenues of $30,417 for Q1 2024, and I’m optimistic that revenues for 2024 could surpass $200,000. However, expenses for the year could top $22 million based on the company’s expectations for monthly expenditures. I think the business shouldn’t be worth much in its current state, and short selling seems viable. It could be best for risk-averse investors to avoid this stock, as the short squeeze risk is high. Read the full article on Seeking Alphaお知らせ • Mar 27Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator ResultsLightwave Logic, Inc. announced that Chairman and Chief Executive Officer Dr. Michael Lebby discussed the latest world-class results for the company's 200Gbps heterogeneous polymer/silicon photonic modulator at a record low drive voltage at the 2024 Optical Fiber Conference (OFC) in San Diego, California. OFC is a leading international conference bringing together the complete value chain of fiber communications, datacentric, and telecommunications industrial players. The results were shown in Dr. Lebby's presentation on March 24, 2024 during an industry workshop entitled "Will Heterogeneous Integration Meet the Needs of Future Applications?", featuring co-panelists and speakers from six other companies. The panel focused on opportunities for heterogeneous integration of various materials including polymers and silicon – providing a roadmap for very high-performance optical polymer modulators that can operate with very low power consumption (via low voltage) and are very small in size – making them suitable for pluggable optical transceivers as well as on-board optics. In the presentation, Dr. Lebby discussed the company's latest world-class results based on a novel packaged heterogeneous polymer EO modulator design leveraging silicon photonics devices from a 200mm production foundry process and Lightwave Logic's proprietary high temperature, high performance EO Polymer material. Each modulator was operated at 100GBaud PAM4 and achieved all drive voltages below 2V, and as low as 1V which is excellent for low power operation. Dr. Lebby discussed the test set-up for the high-speed results, and how electro-optic polymer-based modulators based on 200mm silicon foundry wafers are ideal for 4 channel 200Gbps per lane 800Gbps pluggable optical transceivers for datacenter applications. Dr. Lebby also shared updated lifetime and reliability data for both the electro-optic polymer materials and electro-optic polymer devices. By leveraging the mature semiconductor ecosystem, silicon photonics has historically afforded unparalleled cost reduction and a deep level of integration, though due to fundamental physics limitations, silicon photonics are reaching the performance limit to reach the bandwidth and power requirements necessary in the modern era. Today's announcement demonstrates that a hybrid approach, leveraging the cost and integration benefits of silicon photonics along with the unparalleled bandwidth and low power advantages of Lightwave Logic's proprietary EO polymers, lays a clear path for competitive performance and integration for today's and future optical pluggable transceivers.お知らせ • Mar 20Lightwave Logic, Inc., Annual General Meeting, May 22, 2024Lightwave Logic, Inc., Annual General Meeting, May 22, 2024, at 10:00 US Mountain Standard Time. Location: Hilton Denver Inverness – Conference A, 200 Inverness Dr W Eaglewood Colorado United StatesNew Risk • Feb 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding).Seeking Alpha • Jan 21Lightwave Logic: Product Commercialization Progress Seems SlowSummary It’s been over 18 months since I last covered Lightwave Logic and the company still has no revenues despite a commercial agreement in May 2023. I’m pessimistic about the commercialization of the products in the coming years and I think the stock is likely to continue losing momentum. Yet, it could be best for risk-averse investors to avoid Lightwave Logic stock as the short squeeze risk seems high. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Dec 08Lead Independent Director notifies of intention to sell stockRonald Bucchi intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of December. If the sale is conducted around the recent share price of US$4.40, it would amount to US$119k. Since March 2023, Ronald's direct individual holding has increased from 61.75k shares to 84.12k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jul 22Lightwave Logic, Inc. Elects Laila Partridge as Class III Member of the Board, Effective August 1, 2023On July 17, 2023, the Board of Directors of Lightwave Logic, Inc. elected Laila Partridge to serve as a Class III member of the Board. Ms. Partridge’s initial term as a Class III member of the Board will begin on August 1, 2023 and continue until the Company’s 2026 Annual Meeting of Shareholders or until her successor is duly appointed. Ms. Partridge brings over 30 years of executive experience in technology, corporate innovation and finance to the Board of Directors – having worked with a wide range of technologies, including telecommunications, internet infrastructure, AI, internet of things and more. She was named by Boston Business Journal as one of the ten “2017 Women to Watch in Science and Technology".She currently serves as Founder and Chief Executive Officer of The HardTech Project, a new venture with a novel approach to early-stage hardware investing. Previously, she was Managing Director of the STANLEY + Techstars Accelerator where she directed a global effort for Stanley Black & Decker’s Chief Technology Officer to identify and invest in innovative technologies for industrial applications with an emphasis on electrification, sustainability and advanced manufacturing. Prior to that, she began her technology career at Intel Capital, serving as a Director of Strategic Investments. Ms. Partridge began her career at Wells Fargo, where ultimately achieved the role of VP of Corporate Banking, having led complex corporate finance transactions for the Company’s senior secured debt agencies in the Midwest. Ms. Partridge brings significant board experience to the Board of Directors, including at Intel Capital serving privately-held technology companies, and in her current role as an independent Director at Cambridge Trust. She holds a Bachelor’s degree with Honors from Wellesley College. At Intel, Laila gained incredible operational experience from sitting on the Itanium™ Executive Launch Team, a 10-member cross-divisional management team, coordinating and directing all elements of Intel’s 15-year Itanium™ chip family launch. Her appointment to this team was a result of creating the $253 Million Intel 64 Fund™, an ecosystem development effort that generated Harvard Business School Case Study N9-800-351.Recent Insider Transactions Derivative • Jul 21Independent Director notifies of intention to sell stockFrederick Leonberger intends to sell 49k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of July. If the sale is conducted around the recent share price of US$8.00, it would amount to US$392k. Since December 2022, Frederick's direct individual holding has increased from 130.18k shares to 154.13k. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Jun 09Lead Independent Director exercised options and sold US$203k worth of stockOn the 6th of June, Ronald Bucchi exercised 50.00k options at around US$0.84, then sold 28k of the shares acquired at an average of US$8.21 per share and kept the remainder. Since March 2023, Ronald has owned 61.75k shares directly. Company insiders have collectively sold US$419k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • May 18President notifies of intention to sell stockJames Marcelli intends to sell 60k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of May. If the sale is conducted around the recent share price of US$4.60, it would amount to US$276k. Since March 2023, James has owned 246.74k shares directly. Company insiders have collectively sold US$74k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Dec 07Independent Director exercised options and sold US$196k worth of stockOn the 2nd of December, Frederick Leonberger exercised 156.00k options at around US$0.98, then sold 31k of the shares acquired at an average of US$7.07 per share and kept the remainder. Frederick now holds 5.18k shares directly in their own name. Company insiders have collectively sold US$9.5m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Nov 30Lightwave Logic, Inc. (NasdaqCM:LWLG) acquired Polymer Technology and Intellectual Property Assets from Chromosol Limited.Lightwave Logic, Inc. (NasdaqCM:LWLG) acquired Polymer Technology and Intellectual Property Assets from Chromosol Limited on November 29, 2022.Lightwave Logic, Inc. (NasdaqCM:LWLG) completed the acquisition of Polymer Technology and Intellectual Property Assets from Chromosol Limited on November 29, 2022.分析記事 • Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Nov 16Lightwave Logic Announces Issuance of U.S. Patent for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry ManufacturingLightwave Logic, Inc. announced the issuance of a U.S. patent, the application of which was announced in April 2022, on a new invention that will simplify polymer modulator fabrication when integrated with silicon photonics for high-volume foundry manufacturing applications. This patent issuance – entitled "TFP (thin film polymer) optical transition device and method," – illustrates the design of a simpler to fabricate, lower cost hybrid integrated photonics chip using electro-optic polymers which are more advantageous for high-volume production. The simplified fabrication approach enables streamlined production of very high speed, low power proprietary polymer modulators that will enable significantly faster data rates in the internet environment. The essence of the invention is a hybrid polymer-silicon photonics engine that fits into fiber optic transceivers (either pluggable or co-packaged) that are used in the routers, servers and network equipment that are proliferating with the growth of data centers, cloud computing and optical communications capacity. The hybrid polymer-silicon photonics engine is designed to use high-volume silicon foundry infrastructure and is published under patent number US 11,435,603 B2.お知らせ • Sep 24Lightwave Logic and Polariton Technologies Announce World-Record Performance for 250 GHz Optical LinkLightwave Logic, Inc. and Polariton Technologies announced the achievement of a world-record demonstration of a 250GHz super high bandwidth electro-optical-electrical (EOE) link through a collaboration with ETH Zurich. The link was demonstrated by ETH Zurich and uses Polariton's high-speed plasmonic modulators containing Lightwave's proprietary PerkanamineTM chromophores and ETH Zurich's high-speed graphene photodetectors. The results were presented by Stephan Koepfli as part of a peer-reviewed post-deadline paper presented at the 2022 European Conference on Optical Communications (ECOC) in Basel, Switzerland on September 22, 2022. The post-deadline paper is titled ">500 GHz Bandwidth Graphene Photodetector Enabling Highest-Capacity Plasmonic-to-Plasmonic Links". The link contained a plasmonic modulator using electro-optic polymer material as well as a novel metamaterial enhanced graphene photodetector featuring a 200 nm spectral window and a setup-limited1 bandwidth of 500 GHz. The EOE link achieved a world record and unprecedented 250 GHz 3dB bandwidth.お知らせ • Aug 31Lightwave Logic, Inc. Announces Board Changes, Effective on October 1, 2022On August 24, 2022, Thomas E. Zelibor tendered his resignation as Chair of the Board of Lightwave Logic, Inc. effective October 1, 2022. Mr. Zelibor's resignation is not a result of any disagreement between himself and the company, its management, the company's Board of Directors (the Board") or any committee of the Board. On August 25, 2022, the Board passed a resolution whereby Mr. Zelibor will remain with the company as an advisor to Dr. Michael Lebby, the Company's Chief Executive Officer, effective October 1, 2022 through December 31, 2022. On August 25, 2022, the Board elected Dr. Michael Lebby to serve as Chair of the Board effective October 1, 2022. Dr. Lebby will receive no additional compensation at this time for serving as Chair of the Board. On August 25, 2022, the Board elected Siraj El-Ahmadi, a current Board member, to the Board's Audit Committee effective October 1, 2022. Mr. El-Ahmadi will receive no additional compensation at this time for his service on the Audit Committee.分析記事 • Aug 15Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansWe can readily understand why investors are attracted to unprofitable companies. For example, although...Seeking Alpha • Aug 11Lightwave Logic GAAP EPS of -$0.03Lightwave Logic press release (NASDAQ:LWLG): Q2 GAAP EPS of -$0.03. On June 30, 2022, our cash and cash equivalents totaled $24.83M.お知らせ • Jun 24Lightwave Logic Announces Publication of U.S. Patent Application for Breakthrough Chip Scale Packaging Technique to Enable Foundry-Level Packaging of Polymer ModulatorsLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will enable simplified foundry-level packaging of polymer modulators using chip-scale techniques which can be applied at wafer level, critical for high-volume manufacturing applications. This patent application -- entitled "Hybrid electro-optic polymer modulator with atomic layer deposition (ALD) sealant layer" with publication number 2022/0187638A1 -- allows Lightwave Logic's proprietary polymers to be sealed to moisture and other atmospheric gases in a very low temperature and quasi-hermetic environment through the use of a chip- scale packaging approach that can be applied in parallel at wafer level (i.e. in volume) and that eliminates the need for a separate hermetic enclosure or "gold box." Chip-scale packaging is a technique that has been gathering momentum in the silicon electronics industry for the past decade to reduce device chip packaging costs and increase device performance -- enabling high-volume front and back-end manufacturing as well as extremely small sizes in miniaturization. Over the past two years, Lightwave Logic has optimized its atomic layer deposition techniques to not only seal its polymers in a quasi-hermetic environment, but to improve both the stability and reliability of polymer devices, without any adverse effects to poling. The sealant process will enable lower cost system implementation in a high-volume foundry environment. Specifically, Lightwave Logics' electro-optic polymer modulators are sealed with a low-temperature conformal atomic layer deposition dielectic layers that are supported on a silicon substrate with passive silicon photonics waveguides.お知らせ • Jun 22Lightwave Logic Announces Publication of U.S. Patent Application for Novel Hybrid Silicon Photonics Polymer Modulator Fabrication ProcessLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will enhance polymer modulator manufacturing in high-volume foundries when integrated with silicon photonics. This patent application -- entitled "Hybrid electro-optic polymer modulator with silicon photonics" under publication number 2022/0187637A1 -- details a novel fabrication process that allows Lightwave Logic's proprietary polymers to be fabricated by silicon foundries in a high-volume manufacturing environment. The published patent application also details a more efficient process that allows for high yielding, high stability poling of polymers in a high-volume foundry manufacturing environment. The development of the PDK for this new optical hybrid optical modulator design is now in progress with Lightwave Logic's foundry partners.Seeking Alpha • May 13Lightwave Logic Isn't Getting Close To Commercialization And I'm Still BearishThe company still hasn’t announced any grants or partners yet, and its Polymer Stack ridge waveguide modulator is still in the prototype stage. In Q1 2022, Lightwave Logic invested only a small amount of funds into lab equipment, and monthly expenses are estimated at just $1.16 million over the next year. I think that the share price will decline back to $1.50 eventually as little has changed at Lightwave Logic over the past year.分析記事 • Apr 30Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Apr 20Lightwave Logic Announces Publication of U.S. Patent Application for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry ManufacturingLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will simplify polymer modulator fabrication when integrated with silicon photonics for high-volume foundry manufacturing applications. This patent application – entitled "TFP (thin film polymer) optical transition device and method," – illustrates the design of a simpler to fabricate, lower cost hybrid integrated photonics chip using electro-optic polymers which are more advantageous for high-volume production. The simplified fabrication approach enables to simplify the production of very high speed, low power proprietary polymer modulators that will enable significantly faster data rates in the internet environment. The essence of the invention is a hybrid polymer-silicon photonics engine that fits into fiber optic transceivers (either pluggable or co-packaged) that are used in the routers, servers and network equipment that are proliferating with the growth of data centers, cloud computing and optical communications capacity. The hybrid polymer-silicon photonics engine is designed to use high-volume silicon foundry infrastructure and is published with publication number 2022/0113566 A1.お知らせ • Mar 31Lightwave Logic, Inc., Annual General Meeting, May 26, 2022Lightwave Logic, Inc., Annual General Meeting, May 26, 2022, at 10:00 US Mountain Standard Time. Location: Hilton Denver Inverness Conference A, 200 Inverness Englewood Colorado United Statesお知らせ • Feb 11Lightwave Logic Announces Breakthrough Photostability for Use in Ultra-High-Speed Electro-Optic PolymersLightwave Logic, Inc. leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today announced breakthrough photostability results on its electro-optic polymer modulators that are compatible with high-volume silicon foundry processes. Photostability is a key performance metric for polymer modulators to achieve both operational stability and the reliability required for commercial field deployment. The company's latest polymers were subjected to rigorous optical testing and resulted in performance increases that far exceed previous polymer material designs. The improved photostability of polymers will minimize any optical losses and provide a more robust platform for silicon foundries.Board Change • Feb 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Member of Advisory Board Joe Miller was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Seeking Alpha • Feb 08Lightwave Logic: Retail Investor Interest Seems To Be Fading And Being Short Looks AppealingThe company’s market valuation reached over $2 billion shortly after its uplisting on Nasdaq but it has been declining for almost two months now. I think Lightwave Logic’s share price was boosted by retail investor interest, which seems to be fading now. Considering the short borrow fee rate has fallen below 12%, I think this could be a good time to open a small short position.Recent Insider Transactions • Jan 20Independent Director recently sold US$363k worth of stockOn the 14th of January, Siraj El-Ahmadi sold around 35k shares on-market at roughly US$10.33 per share. In the last 3 months, there was an even bigger sale from another insider worth US$1.7m. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months.分析記事 • Jan 13We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Jan 07Lightwave Logic Enhances Foundry Process Development Kit Offering with Addition of Optical Grating CouplersLightwave Logic, Inc. announced the successful initial testing of its optical grating couplers. Grating couplers will be part of the Company's Design Tool Kit that will simplify foundry processes and Process Development Kits (PDKs) when integrating the company's polymer technology with silicon photonics. The introduction of optical grating couplers, integrated with the Company's modulators, enable light to be efficiently coupled into and out of the modulator, improving the overall efficacy of an integrated silicon photonics platform. The inclusion of an optical grating coupler in a PDK enables silicon foundry partners to fabricate the modulator and optical grating coupler either simultaneously or in a single fab run.お知らせ • Jan 05Lightwave Logic Announces Publication of Materials Chemistry Patent Application to Significantly Improve Polymer PerformanceLightwave Logic, Inc. announced the publication of its patent application 202-1040-5504-A1 by the United States Patent and Trademark Office (USPTO) – entitled 'Nonlinear Optical Chromophores Having a Diamondoid Group Attached Thereto, Methods of Preparing the Same, and Uses Thereof' – which significantly improves the overall stability and performance of the Company's electro-optic polymers. The materials chemistry invention is to advance the performance of the Company's electro-optic chromophores and their use in high-speed electro-optical modulators, which are designed to drive data rates 2-3x faster and with 2-3x lower power than incumbent technologies in-use today. Specifically, the chromophores are designed to have one or more diamondiod molecular groups attached to the chromophore. When such chromophores are dispersed in a host polymer matrix, the electro-optic materials result in improved macroscopic electro-optic properties, increased poling efficiency, increased loading as well as increased stability of these materials after poling. The impact of the technology disclosed in the published patent application is significant in that it will accelerate the path for very high-speed, low-power electro-optic polymers to be implemented into large foundry process development kits (PDKs) to boost performance of integrated photonic circuits.Recent Insider Transactions Derivative • Jan 02Independent Director exercised options and sold US$2.4m worth of stockOn the 27th of December, Frederick Leonberger exercised 150k options at a strike price of around US$0.73 and sold these shares for an average price of US$16.75 per share. This trade did not impact their existing holding. Since March 2021, Frederick has not owned shares directly. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Dec 31Independent Non-Executive Chairman notifies of intention to sell stockThomas Zelibor intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of December. If the sale is conducted around the recent share price of US$17.00, it would amount to US$2.6m. Since March 2021, Thomas' direct individual holding has increased from 50.12k shares to 208.58k. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Dec 28Independent Non-Executive Chairman recently sold US$1.7m worth of stockOn the 23rd of December, Thomas Zelibor sold around 102k shares on-market at roughly US$16.88 per share. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Nov 25Independent Non-Executive Chairman exercised options and sold US$3.1m worth of stockOn the 20th of November, Thomas Zelibor exercised 500.00k options at around US$1.30, then sold 240k of the shares acquired at an average of US$14.29 per share and kept the remainder. Since March 2021, Thomas has owned 50.12k shares directly. Company insiders have collectively sold US$2.8m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Sep 30We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Aug 06Lightwave Logic Announces Breakthrough Thermal Design for Use in Ultra-High-Speed PolymersLightwave Logic, Inc. announced that it has developed improved thermal design properties for electro-optic polymers used in its Polymer Plus™ and Polymer Slot™ modulators, enabling the speed, flexibility and stability needed for high-volume silicon foundry processes.お知らせ • Jun 25Lightwave Logic Announces Receipt of U.S. Patent on Device Design Enabling Mass-Volume ManufacturingLightwave Logic, Inc. announced the receipt of a new U.S. patent on a breakthrough new device design that enables mass-volume manufacturing when designed into advanced integrated photonic platforms. The device design, protected by U.S. Patent number 11,042,051, enhances reliability, improves optical mode control and most important, lowers by consumption through the use of direct-drive, low-voltage operation. The patent is entitled, "Direct drive region-less polymer modulator methods of fabricating and materials therefor" and is expected to open the opportunity for low power consumption electro-optic polymers to be developed into large foundry PDKs (process development kits), and be ready for mass volume commercialization.お知らせ • Jun 17Lightwave Logic Announces Breakthrough Test Results from New Super-Fast Optical ModulatorLightwave Logic, Inc. announced test results from new modulators fabricated in 2021, which exceeded bandwidth design targets and achieved triple the data rate as compared to competing devices in use. The unparalleled modulator devices were designed and fabricated in Lightwave logic's Colorado facility on a silicon semiconductor platform. The breakthrough new devices demonstrated 3dB electro-optical with electrical bandwidths that exceed 100GHz – with measurements coming close to Lightwave Logic's 110GHz test equipment capability.お知らせ • Jun 08Lightwave Logic Announces Inclusion in the Solactive Epic Core Photonics EUR IndexLightwave Logic, Inc. announced that it will be added to the Solactive EPIC Core Photonics EUR Index NTR as part of the index's semi-annual additions. The Solactive EPIC Core Photonics EUR Index NTR aims to present the performance of a portfolio of publicly listed global companies which derive at least 66% of their revenues from photonics manufacturing activities. The current 59 member securities are weighted based on their free float market capitalization, subject to certain weight caps. Solactive is a leading provider of indexing, benchmarking, and calculation solutions for the global investment and trading community.お知らせ • Dec 18Lightwave Logic, Inc. Announces Breakthrough in Path Towards Future Chip-On-Board Packaged Polymer PlatformLightwave Logic, Inc. announced that it has developed a new sealant for its future Chip-on-Board (COB) packaged polymer platform. The sealant, which blocks oxygen and other atmospheric gases, is a key step in the company's development towards a polymer modulator without a package, an important enabling technology for the industry. The company plans to develop the sealant for commercial implementation in its future modulators. Concerns about exposure to atmospheric gases have historically led electro-optic polymer companies to package their modulators into hermetic gold-box packages, an expensive and bulky solution. Potential customers in the datacenter and telecommunication fiber optics markets for Lightwave Logic's modulator technology have expressed a preference for simpler, less costly, non-hermetic packaging. There is also a desire for co-packaging with other optical and electronic chips including silicon photonics chips. The ultimate goal is chip-on-board style packaging in which there is no chip package at all, and the chip is mounted directly on a circuit board. Yet, the simplified packaging cannot be allowed to compromise the robustness and stability of solutions needed for high-speed fiber optic communications applications. Recent results suggest that Lightwave Logic's recently developed electro-optic polymer sealant material displays encouraging barrier properties and is expected to translate to significant improvement in bare chip robustness against atmospheric gases, as compared to existing EO polymer commercial solutions in use today. While the initial measurements are highly promising, the company plans to continue development work to further optimize the sealant material and barrier performance towards the chip-on-board goal.お知らせ • Oct 16Lightwave Logic, Inc. Announces Its Proprietary Polymer Technology Compatible with Standard Integrated Photonics PlatformsLightwave Logic, Inc. announced that it determined that its proprietary polymer technologies are compatible with currently available integrated photonics platforms as a direct result of feedback from several of its potential customers under NDA. Lightwave Logic's proprietary electro-optic materials are currently in the prototyping phase and are fabricated onto standard silicon wafers. This advancement, driven by the feedback the company received from potential customers to-date, has allowed the company's materials to be suitable for additive integration to integrated photonics platforms such as silicon photonics, as well as indium phosphide and other standard platforms – therefore enabling simpler integration by customers.財務状況分析短期負債: LWLGの 短期資産 ( $76.5M ) が 短期負債 ( $2.3M ) を超えています。長期負債: LWLGの短期資産 ( $76.5M ) が 長期負債 ( $2.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: LWLGは負債がありません。負債の削減: LWLG過去 5 年間負債を抱えていません。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: LWLGは、現在の フリーキャッシュフロー に基づき、3 年以上にわたって十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: LWLGフリーキャッシュフローが毎年18.6 % の歴史的率で減少し続ける場合、3 年以上にわたって十分なキャッシュランウェイを持っています。健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/21 13:41終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lightwave Logic, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Oct 18We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Jul 05Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Feb 27Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Nov 14We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
分析記事 • May 31Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
分析記事 • Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Reported Earnings • May 18First quarter 2026 earnings released: US$0.043 loss per share (vs US$0.038 loss in 1Q 2025)First quarter 2026 results: US$0.043 loss per share (further deteriorated from US$0.038 loss in 1Q 2025). Net loss: US$6.30m (loss widened 34% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
ライブニュース • May 14Lightwave Logic Sees 27% Revenue Growth and Expands Fortune 500 Prototyping PartnershipsLightwave Logic reported Q1 2026 revenue growth of 27% year over year and cash reserves of US$75.1 million, which the company plans to use to support a shift toward high-volume production starting in 2027. The company released Version 1.1 of its backend-of-line polymer photonics PDK, which it says is ready for transfer to a high-volume foundry, with most integration work targeted for completion in the second half of 2026. Management highlighted four Fortune 500 or Global 500 customers at Stage 3 prototyping, ongoing talks for a large supply and licensing agreement, and integration of its electro-optic polymer platform into the GDSFactory PDK for GlobalFoundries’ silicon photonics process. Taken together, the recent updates point to Lightwave Logic moving from pure development toward manufacturable products, with cash on hand and foundry-ready tools intended to support that transition. The key questions for you are how quickly these prototyping relationships convert into firm supply and licensing deals and whether the company can keep execution on track for its stated 2026–2027 production milestones.
お知らせ • May 05Lightwave Logic, Inc. to Report Q1, 2026 Results on May 12, 2026Lightwave Logic, Inc. announced that they will report Q1, 2026 results on May 12, 2026
ナラティブの更新 • Apr 22Lightwave Logic (LWLG): Transitioning Into Foundry Tape-Out Phase as Commercial Path ClarifiesInvestment Overview Lightwave Logic has entered a more advanced stage of development, marked by a formalized foundry agreement and the initiation of fabrication activity. The company is no longer positioned solely as a materials innovator; it is now progressing into active semiconductor design and manufacturing cycles.
お知らせ • Apr 13Lightwave Logic, Inc., Annual General Meeting, May 21, 2026Lightwave Logic, Inc., Annual General Meeting, May 21, 2026.
Recent Insider Transactions • Apr 09Director recently sold US$267k worth of stockOn the 7th of April, Siraj El-Ahmadi sold around 34k shares on-market at roughly US$7.76 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$435k more than they bought in the last 12 months.
ナラティブの更新 • Apr 08How Nvidia learned to embrace the light in its quest for scalehttps://www.theregister.com/2026/04/05/nvidia_optical_scale_up/ If you thought Nvidia's GB200 rack systems were big, CEO Jensen Huang is just getting started. At GTC last month, the world's most valuable company revealed plans to use photonic interconnects to pack more than a thousand GPUs into a single mammoth system by 2028.
ナラティブの更新 • Mar 27LWLG is a high-risk, high-reward bet on whether a superior material can overcome the semiconductor industry’s resistance to change.Lightwave Logic — Integrated Deep-Dive Summary 1) Core Thesis Lightwave Logic is developing electro-optic (EO) polymer modulators designed to replace or augment traditional silicon photonics components. The company is targeting a critical bottleneck in modern computing : The speed, power consumption, and efficiency of moving data (interconnects), not processing it.
Reported Earnings • Mar 22Full year 2025 earnings released: US$0.16 loss per share (vs US$0.19 loss in FY 2024)Full year 2025 results: US$0.16 loss per share (improved from US$0.19 loss in FY 2024). Net loss: US$20.3m (loss narrowed 9.9% from FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
新しいナラティブ • Mar 20Pre Commercialization optimismLightwave Logic (LWLG) is transitioning from a research-focused entity to a commercial one, with meaningful volume production and licensing revenues anticipated to begin in 2027. Investing.com +1 The following is a breakdown of earnings and revenue expectations for the next three fiscal years based on the company's Q4 2025 earnings call and current guidance: 2026: Execution and Milestone Year Revenue Outlook : Revenue will be driven primarily by material supply and non-recurring engineering (NRE) activities.
New Risk • Mar 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m (US$101k revenue). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (US$92k sold).
お知らせ • Feb 24Lightwave Logic, Inc. to Report Q4, 2025 Results on Mar 05, 2026Lightwave Logic, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2026
Recent Insider Transactions Derivative • Jan 28Director notifies of intention to sell stockSiraj El-Ahmadi intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of January. If the sale is conducted around the recent share price of US$3.48, it would amount to US$89k. Since March 2025, Siraj's direct individual holding has increased from 88.31k shares to 99.54k. Company insiders have collectively sold US$461k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jan 08Director recently sold US$92k worth of stockOn the 31st of December, Siraj El-Ahmadi sold around 29k shares on-market at roughly US$3.15 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • Jan 08+ 1 more updateLightwave Logic, Inc. Appoints Snizhana Quan As Principal Financial Officer, Effective January 6, 2026Lightwave Logic, Inc. appointed Snizhana "Ana" Quan as the Company's Principal Financial Officer, effective January 6, 2026. Snizhana Quan, age 47, has served as the Company's Corporate Controller since October 2023. Prior to joining the Company, Ms. Quan served as the Global Corporate Controller of Stolle Machinery Company, LLC from May 2019 through October 2023 and as the Assistant Controller of Stolle from May 2018 through April 2019. From February 2017 through May 2018, Ms. Quan served as the Director of Corporate Accounting and SEC Reporting of Frontier Airlines (Nasdaq: ULCC). From June 2015 through February 2017, Ms. Quan also served as Director of Accounting and Financial Reporting for NTT America, having previously served as its Senior Manager of Financial Reporting and Technical Accounting from February 2014 through May 2015. Ms. Quan also held financial and accounting roles of increasing responsibility at Western Union (NYSE: WU) from August 2012 through February 2014 and The Comex Group from June 2009 through August 2012. Ms. Quan began her career at KPMG LLP, where she worked in audit and risk advisory services from August 2005 through April 2009. Ms. Quan holds a Bachelor of Science in Business Administration Accounting/Finance from the University of Colorado and is a certified public accountant in Colorado. The Company also announced the retirement of James S. Marcelli from his roles as the Company's Chief Financial Officer and Chief Operating Officer and as a director of the Company effective as of December 31, 2025.
Recent Insider Transactions Derivative • Jan 05Director notifies of intention to sell stockSiraj El-Ahmadi intends to sell 49k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of December. If the sale is conducted around the recent share price of US$3.15, it would amount to US$155k. Since March 2025, Siraj's direct individual holding has increased from 88.31k shares to 128.63k. Company insiders have collectively sold US$258k more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Jan 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m (US$101k revenue). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).
お知らせ • Dec 16+ 1 more updateLightwave Logic, Inc. has completed a Follow-on Equity Offering in the amount of $35.000001 million.Lightwave Logic, Inc. has completed a Follow-on Equity Offering in the amount of $35.000001 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 11,666,667 Price\Range: $3 Discount Per Security: $0.165
Reported Earnings • Nov 17Third quarter 2025 earnings released: US$0.039 loss per share (vs US$0.044 loss in 3Q 2024)Third quarter 2025 results: US$0.039 loss per share (improved from US$0.044 loss in 3Q 2024). Net loss: US$5.10m (loss narrowed 3.8% from 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
分析記事 • Oct 18We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha • Sep 04Reflexivity Plays In Lightwave Logic's Favour Post Jackson HoleSummary LWLG is still a very volatile and risky stock subject to major uncertainties and at the mercy of the capital environment. As such, it is fundamental for the business that its stock price is strong enough to support low-cost equity financing, upon which it will continue to rely. In addition to positive stress test results that build the case for the data center environment, rate cutting and therefore lower cost of capital benchmarks are in sight. This has meant reflexivity has been playing in stock's favour, as opposed to against it finally. Though there are still risks of that turning. Read the full article on Seeking Alpha
Reported Earnings • Aug 15Second quarter 2025 earnings released: US$0.045 loss per share (vs US$0.05 loss in 2Q 2024)Second quarter 2025 results: US$0.045 loss per share (improved from US$0.05 loss in 2Q 2024). Net loss: US$5.67m (loss narrowed 5.8% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m (US$88k revenue).
分析記事 • Jul 05Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Recent Insider Transactions Derivative • Jun 23COO, CFO exercised options and sold US$456k worth of stockOn the 17th of June, James Marcelli exercised 1.15m options at around US$0.70, then sold 801k of the shares acquired at an average of US$1.27 per share and kept the remainder. Since March 2025, James has owned 289.74k shares directly. Company insiders have collectively sold US$75k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • May 14First quarter 2025 earnings released: US$0.038 loss per share (vs US$0.048 loss in 1Q 2024)First quarter 2025 results: US$0.038 loss per share (improved from US$0.048 loss in 1Q 2024). Net loss: US$4.70m (loss narrowed 17% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 18Lightwave Logic, Inc., Annual General Meeting, May 15, 2025Lightwave Logic, Inc., Annual General Meeting, May 15, 2025. Location: hilton denver inverness aspen room on the garden, level 200 inverness dr w, englewood co 80112, United States
分析記事 • Feb 27Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Board Change • Feb 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Laila Partridge was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 03Lightwave Logic, Inc. Director Frederick Leonberger to Retire from Board of Directors and Transition to Company's Advisory BoardLightwave Logic, Inc. announced that Dr. Frederick J. Leonberger will transition from the Company's Board of Directors to the Company's Advisory Board following his retirement from the Board on December 31, 2024. Dr. Leonberger's retirement marks the conclusion of a distinguished eight-year tenure on the Board.
Recent Insider Transactions Derivative • Dec 27Independent Director exercised options to buy US$205k worth of stock.On the 21st of December, Frederick Leonberger exercised options to buy 100k shares at a strike price of around US$0.77, costing a total of US$77k. This transaction amounted to 51% of their direct individual holding at the time of the trade. Since March 2024, Frederick's direct individual holding has increased from 179.13k shares to 196.37k. This was the only transaction from an insider over the last 12 months.
お知らせ • Dec 15Lightwave Logic, Inc. Appoints James S Marcelli as Chief Financial OfficerEffective December 11, 2024, the Board of Lightwave Logic, Inc. appointed James S Marcelli, the Company’s current Chief Operating Officer and principal financial officer, as Chief Financial Officer.
お知らせ • Dec 14+ 1 more updateLightwave Logic, Inc. Announces Chief Executive Officer ChangesTo provide leadership for the new stage of the company's growth, the Board of Directors of Lightwave Logic, Inc. has named optical communications industry veteran Yves LeMaitre as Chief Executive Officer of the Company. Dr. Michael Lebby has retired as Chief Executive Officer of Lightwave Logic, effective December 10, 2024. Mr. LeMaitre has served as a member of the Board since August 1, 2024 and will continue to do so. Mr. Le Maitre, 60, brings over 30 years of leadership experience in sales, corporate strategy, and P&L management to the Board, having worked with a wide range of technologies, including in the laser, optical communications, and consumer electronics industries. He currently serves as a strategic advisor to various market-leading companies in the photonics and optical communications markets. Previously, he served Astrobeam.space as Chief Executive Officer from October 2023 to March 2024. Prior to that, he served Luna Innovations Incorporated as President, RIO Lasers and SVP of North American Operations from December 2019 to December 2021, where he oversaw all U.S. business and the integration of acquisitions into current operations. Prior to that, Mr. Le Maitre served as Chief Strategy Officer of Lumentum Holdings Inc. and Oclaro, Inc. (“Oclaro”) (prior to its merger with Lumentum Holdings Inc.) in 2018 and 2019, where he was responsible for strategic planning, corporate development and marketing of the company’s core business sectors, which included optical communications, industrial lasers, and 3D sensing. From October 2013 to February 2018, he served as Oclaro’s President of Optical Connectivity Business. Prior to this, Mr. Le Maitre was Oclaro's Chief Commercial Officer from July 2011 to September 2013. He previously served as Executive Vice President, Strategy and Corporate Development, from February 2011 to July 2011, and was Executive Vice President and General Manager of Oclaro's Advanced Photonic Solutions division from April 2009 to January 2011. Previously, Mr. Le Maitre served as Vice President of Telecommunications Sales and Corporate Marketing for Oclaro from February 2008 to April 2009. Mr. Le Maitre earned a master's degree in mathematics and computer science from Nantes University in France. He also holds an engineering degree from Ecole Nationale Superieure des Telecommunications (ENST) in Paris.
Board Change • Dec 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tom Connelly was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 14We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
お知らせ • Sep 10Lightwave Logic, Inc. Appoints Thomas Connelly, Jr. to Board of DirectorsLightwave Logic, Inc. announced that its Board of Directors has appointed former DuPont executive and CEO of the American Chemical Society (ACS) Thomas M. Connelly, Jr., as its newest Board member, effective September 4, 2024. With the addition to the Board of these two industry experts from the company's target markets, Lightwave Logic believes it is well-positioned to expand its initial business focus from datacenters and AI clusters connectivity to include other high growth markets, such as materials, organics, quantum/optical computing, aerospace, defense, and storage. Tom Connelly, Jr. has served as CEO of the American Chemical Society, one of the largest scientific societies with 170,000 members worldwide, and as Chief Innovation Officer of DuPont, where he was a member of its Office of the Chief Executive. Among his responsibilities in chemicals and materials over 35+ years at DuPont were its Performance Polymers and Packaging Industrial Polymers businesses. He also served as its Chief Science and Technology Officer, with responsibility across business units in the U.S., Europe and Asia. He joined DuPont in 1977, and played key roles in Delrin, Kevlar, Sorona and Teflon. Dr. Connelly holds degrees in chemical engineering (highest honors) and economics from Princeton University, and as a Winston Churchill Scholar he received a PhD in chemical engineering from the University of Cambridge. As a member of the National Academy of Engineering and its committees, he has been chair of the National Academies of Sciences, Engineering, and Medicine's committee for the Division on Earth and Life Studies. In addition, he has held advisory roles to the U.S. government and Republic of Singapore.
お知らせ • Aug 10Lightwave Logic, Inc. has filed a Follow-on Equity Offering in the amount of $6.358348 million.Lightwave Logic, Inc. has filed a Follow-on Equity Offering in the amount of $6.358348 million. Security Name: Common Stock Security Type: Common Stock
お知らせ • Jul 23Lightwave Logic, Inc. Announces Appointment of Yves LeMaitre to Board of Directors, Effective August 1, 2024Lightwave Logic, Inc. announced the appointment of Yves LeMaitre to Lightwave Logic's Board of Directors effective August 1st, 2024. Mr. LeMaitre brings over 30 years of executive experience in technology, corporate strategy and marketing to the Board of Directors. He currently serves as a Strategic Board Advisor to Trumpf Photonic Components, and as a strategic advisor to the Optical, RF & Micro-Electronics division of Sanmina AMT. Mr. LeMaitre most recently served as CEO of Astrobeam.Space, where he launched the startup's development of next-generation of laser beam steering for satellite to satellite communication. Previously, Mr. LeMaitre was the Head of the Optical Coherent Division of IPG Photonics, where he advised and oversaw the division'sdivestiture to Lumentum. Prior to that, he was the SVP of Luna Innovations' North America Business Operation (following the company's acquisition of RIO Lasers where he served as President). Previously, he spent 10 years in varying roles of increasing responsibility through multiple acquisitions with Oclaro (later acquired by Lumentum), ultimately achieving the roles of Chief Strategy Officer at Lumentum. During his time at OCLARO, he played a key role in positioning OCLARO as a leader in the optical connectivity business, driving the growth of Indium Phosphide lasers in the datacenter (now Generative AI front-end networks) segments. He holds a degree from Télécom Paris and a "Maitrise" Degree in Computer Science and Mathematics from Nantes Université in France.
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (US$71k revenue). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding).
分析記事 • May 31Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Seeking Alpha • May 14Lightwave Logic: Commercialization Accelerates, But Profitability Is Far AwaySummary Lightwave Logic booked revenues of $30,417 for Q1 2024, and I’m optimistic that revenues for 2024 could surpass $200,000. However, expenses for the year could top $22 million based on the company’s expectations for monthly expenditures. I think the business shouldn’t be worth much in its current state, and short selling seems viable. It could be best for risk-averse investors to avoid this stock, as the short squeeze risk is high. Read the full article on Seeking Alpha
お知らせ • Mar 27Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator ResultsLightwave Logic, Inc. announced that Chairman and Chief Executive Officer Dr. Michael Lebby discussed the latest world-class results for the company's 200Gbps heterogeneous polymer/silicon photonic modulator at a record low drive voltage at the 2024 Optical Fiber Conference (OFC) in San Diego, California. OFC is a leading international conference bringing together the complete value chain of fiber communications, datacentric, and telecommunications industrial players. The results were shown in Dr. Lebby's presentation on March 24, 2024 during an industry workshop entitled "Will Heterogeneous Integration Meet the Needs of Future Applications?", featuring co-panelists and speakers from six other companies. The panel focused on opportunities for heterogeneous integration of various materials including polymers and silicon – providing a roadmap for very high-performance optical polymer modulators that can operate with very low power consumption (via low voltage) and are very small in size – making them suitable for pluggable optical transceivers as well as on-board optics. In the presentation, Dr. Lebby discussed the company's latest world-class results based on a novel packaged heterogeneous polymer EO modulator design leveraging silicon photonics devices from a 200mm production foundry process and Lightwave Logic's proprietary high temperature, high performance EO Polymer material. Each modulator was operated at 100GBaud PAM4 and achieved all drive voltages below 2V, and as low as 1V which is excellent for low power operation. Dr. Lebby discussed the test set-up for the high-speed results, and how electro-optic polymer-based modulators based on 200mm silicon foundry wafers are ideal for 4 channel 200Gbps per lane 800Gbps pluggable optical transceivers for datacenter applications. Dr. Lebby also shared updated lifetime and reliability data for both the electro-optic polymer materials and electro-optic polymer devices. By leveraging the mature semiconductor ecosystem, silicon photonics has historically afforded unparalleled cost reduction and a deep level of integration, though due to fundamental physics limitations, silicon photonics are reaching the performance limit to reach the bandwidth and power requirements necessary in the modern era. Today's announcement demonstrates that a hybrid approach, leveraging the cost and integration benefits of silicon photonics along with the unparalleled bandwidth and low power advantages of Lightwave Logic's proprietary EO polymers, lays a clear path for competitive performance and integration for today's and future optical pluggable transceivers.
お知らせ • Mar 20Lightwave Logic, Inc., Annual General Meeting, May 22, 2024Lightwave Logic, Inc., Annual General Meeting, May 22, 2024, at 10:00 US Mountain Standard Time. Location: Hilton Denver Inverness – Conference A, 200 Inverness Dr W Eaglewood Colorado United States
New Risk • Feb 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding).
Seeking Alpha • Jan 21Lightwave Logic: Product Commercialization Progress Seems SlowSummary It’s been over 18 months since I last covered Lightwave Logic and the company still has no revenues despite a commercial agreement in May 2023. I’m pessimistic about the commercialization of the products in the coming years and I think the stock is likely to continue losing momentum. Yet, it could be best for risk-averse investors to avoid Lightwave Logic stock as the short squeeze risk seems high. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Dec 08Lead Independent Director notifies of intention to sell stockRonald Bucchi intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of December. If the sale is conducted around the recent share price of US$4.40, it would amount to US$119k. Since March 2023, Ronald's direct individual holding has increased from 61.75k shares to 84.12k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jul 22Lightwave Logic, Inc. Elects Laila Partridge as Class III Member of the Board, Effective August 1, 2023On July 17, 2023, the Board of Directors of Lightwave Logic, Inc. elected Laila Partridge to serve as a Class III member of the Board. Ms. Partridge’s initial term as a Class III member of the Board will begin on August 1, 2023 and continue until the Company’s 2026 Annual Meeting of Shareholders or until her successor is duly appointed. Ms. Partridge brings over 30 years of executive experience in technology, corporate innovation and finance to the Board of Directors – having worked with a wide range of technologies, including telecommunications, internet infrastructure, AI, internet of things and more. She was named by Boston Business Journal as one of the ten “2017 Women to Watch in Science and Technology".She currently serves as Founder and Chief Executive Officer of The HardTech Project, a new venture with a novel approach to early-stage hardware investing. Previously, she was Managing Director of the STANLEY + Techstars Accelerator where she directed a global effort for Stanley Black & Decker’s Chief Technology Officer to identify and invest in innovative technologies for industrial applications with an emphasis on electrification, sustainability and advanced manufacturing. Prior to that, she began her technology career at Intel Capital, serving as a Director of Strategic Investments. Ms. Partridge began her career at Wells Fargo, where ultimately achieved the role of VP of Corporate Banking, having led complex corporate finance transactions for the Company’s senior secured debt agencies in the Midwest. Ms. Partridge brings significant board experience to the Board of Directors, including at Intel Capital serving privately-held technology companies, and in her current role as an independent Director at Cambridge Trust. She holds a Bachelor’s degree with Honors from Wellesley College. At Intel, Laila gained incredible operational experience from sitting on the Itanium™ Executive Launch Team, a 10-member cross-divisional management team, coordinating and directing all elements of Intel’s 15-year Itanium™ chip family launch. Her appointment to this team was a result of creating the $253 Million Intel 64 Fund™, an ecosystem development effort that generated Harvard Business School Case Study N9-800-351.
Recent Insider Transactions Derivative • Jul 21Independent Director notifies of intention to sell stockFrederick Leonberger intends to sell 49k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of July. If the sale is conducted around the recent share price of US$8.00, it would amount to US$392k. Since December 2022, Frederick's direct individual holding has increased from 130.18k shares to 154.13k. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Jun 09Lead Independent Director exercised options and sold US$203k worth of stockOn the 6th of June, Ronald Bucchi exercised 50.00k options at around US$0.84, then sold 28k of the shares acquired at an average of US$8.21 per share and kept the remainder. Since March 2023, Ronald has owned 61.75k shares directly. Company insiders have collectively sold US$419k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • May 18President notifies of intention to sell stockJames Marcelli intends to sell 60k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of May. If the sale is conducted around the recent share price of US$4.60, it would amount to US$276k. Since March 2023, James has owned 246.74k shares directly. Company insiders have collectively sold US$74k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Dec 07Independent Director exercised options and sold US$196k worth of stockOn the 2nd of December, Frederick Leonberger exercised 156.00k options at around US$0.98, then sold 31k of the shares acquired at an average of US$7.07 per share and kept the remainder. Frederick now holds 5.18k shares directly in their own name. Company insiders have collectively sold US$9.5m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Nov 30Lightwave Logic, Inc. (NasdaqCM:LWLG) acquired Polymer Technology and Intellectual Property Assets from Chromosol Limited.Lightwave Logic, Inc. (NasdaqCM:LWLG) acquired Polymer Technology and Intellectual Property Assets from Chromosol Limited on November 29, 2022.Lightwave Logic, Inc. (NasdaqCM:LWLG) completed the acquisition of Polymer Technology and Intellectual Property Assets from Chromosol Limited on November 29, 2022.
分析記事 • Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Nov 16Lightwave Logic Announces Issuance of U.S. Patent for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry ManufacturingLightwave Logic, Inc. announced the issuance of a U.S. patent, the application of which was announced in April 2022, on a new invention that will simplify polymer modulator fabrication when integrated with silicon photonics for high-volume foundry manufacturing applications. This patent issuance – entitled "TFP (thin film polymer) optical transition device and method," – illustrates the design of a simpler to fabricate, lower cost hybrid integrated photonics chip using electro-optic polymers which are more advantageous for high-volume production. The simplified fabrication approach enables streamlined production of very high speed, low power proprietary polymer modulators that will enable significantly faster data rates in the internet environment. The essence of the invention is a hybrid polymer-silicon photonics engine that fits into fiber optic transceivers (either pluggable or co-packaged) that are used in the routers, servers and network equipment that are proliferating with the growth of data centers, cloud computing and optical communications capacity. The hybrid polymer-silicon photonics engine is designed to use high-volume silicon foundry infrastructure and is published under patent number US 11,435,603 B2.
お知らせ • Sep 24Lightwave Logic and Polariton Technologies Announce World-Record Performance for 250 GHz Optical LinkLightwave Logic, Inc. and Polariton Technologies announced the achievement of a world-record demonstration of a 250GHz super high bandwidth electro-optical-electrical (EOE) link through a collaboration with ETH Zurich. The link was demonstrated by ETH Zurich and uses Polariton's high-speed plasmonic modulators containing Lightwave's proprietary PerkanamineTM chromophores and ETH Zurich's high-speed graphene photodetectors. The results were presented by Stephan Koepfli as part of a peer-reviewed post-deadline paper presented at the 2022 European Conference on Optical Communications (ECOC) in Basel, Switzerland on September 22, 2022. The post-deadline paper is titled ">500 GHz Bandwidth Graphene Photodetector Enabling Highest-Capacity Plasmonic-to-Plasmonic Links". The link contained a plasmonic modulator using electro-optic polymer material as well as a novel metamaterial enhanced graphene photodetector featuring a 200 nm spectral window and a setup-limited1 bandwidth of 500 GHz. The EOE link achieved a world record and unprecedented 250 GHz 3dB bandwidth.
お知らせ • Aug 31Lightwave Logic, Inc. Announces Board Changes, Effective on October 1, 2022On August 24, 2022, Thomas E. Zelibor tendered his resignation as Chair of the Board of Lightwave Logic, Inc. effective October 1, 2022. Mr. Zelibor's resignation is not a result of any disagreement between himself and the company, its management, the company's Board of Directors (the Board") or any committee of the Board. On August 25, 2022, the Board passed a resolution whereby Mr. Zelibor will remain with the company as an advisor to Dr. Michael Lebby, the Company's Chief Executive Officer, effective October 1, 2022 through December 31, 2022. On August 25, 2022, the Board elected Dr. Michael Lebby to serve as Chair of the Board effective October 1, 2022. Dr. Lebby will receive no additional compensation at this time for serving as Chair of the Board. On August 25, 2022, the Board elected Siraj El-Ahmadi, a current Board member, to the Board's Audit Committee effective October 1, 2022. Mr. El-Ahmadi will receive no additional compensation at this time for his service on the Audit Committee.
分析記事 • Aug 15Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansWe can readily understand why investors are attracted to unprofitable companies. For example, although...
Seeking Alpha • Aug 11Lightwave Logic GAAP EPS of -$0.03Lightwave Logic press release (NASDAQ:LWLG): Q2 GAAP EPS of -$0.03. On June 30, 2022, our cash and cash equivalents totaled $24.83M.
お知らせ • Jun 24Lightwave Logic Announces Publication of U.S. Patent Application for Breakthrough Chip Scale Packaging Technique to Enable Foundry-Level Packaging of Polymer ModulatorsLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will enable simplified foundry-level packaging of polymer modulators using chip-scale techniques which can be applied at wafer level, critical for high-volume manufacturing applications. This patent application -- entitled "Hybrid electro-optic polymer modulator with atomic layer deposition (ALD) sealant layer" with publication number 2022/0187638A1 -- allows Lightwave Logic's proprietary polymers to be sealed to moisture and other atmospheric gases in a very low temperature and quasi-hermetic environment through the use of a chip- scale packaging approach that can be applied in parallel at wafer level (i.e. in volume) and that eliminates the need for a separate hermetic enclosure or "gold box." Chip-scale packaging is a technique that has been gathering momentum in the silicon electronics industry for the past decade to reduce device chip packaging costs and increase device performance -- enabling high-volume front and back-end manufacturing as well as extremely small sizes in miniaturization. Over the past two years, Lightwave Logic has optimized its atomic layer deposition techniques to not only seal its polymers in a quasi-hermetic environment, but to improve both the stability and reliability of polymer devices, without any adverse effects to poling. The sealant process will enable lower cost system implementation in a high-volume foundry environment. Specifically, Lightwave Logics' electro-optic polymer modulators are sealed with a low-temperature conformal atomic layer deposition dielectic layers that are supported on a silicon substrate with passive silicon photonics waveguides.
お知らせ • Jun 22Lightwave Logic Announces Publication of U.S. Patent Application for Novel Hybrid Silicon Photonics Polymer Modulator Fabrication ProcessLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will enhance polymer modulator manufacturing in high-volume foundries when integrated with silicon photonics. This patent application -- entitled "Hybrid electro-optic polymer modulator with silicon photonics" under publication number 2022/0187637A1 -- details a novel fabrication process that allows Lightwave Logic's proprietary polymers to be fabricated by silicon foundries in a high-volume manufacturing environment. The published patent application also details a more efficient process that allows for high yielding, high stability poling of polymers in a high-volume foundry manufacturing environment. The development of the PDK for this new optical hybrid optical modulator design is now in progress with Lightwave Logic's foundry partners.
Seeking Alpha • May 13Lightwave Logic Isn't Getting Close To Commercialization And I'm Still BearishThe company still hasn’t announced any grants or partners yet, and its Polymer Stack ridge waveguide modulator is still in the prototype stage. In Q1 2022, Lightwave Logic invested only a small amount of funds into lab equipment, and monthly expenses are estimated at just $1.16 million over the next year. I think that the share price will decline back to $1.50 eventually as little has changed at Lightwave Logic over the past year.
分析記事 • Apr 30Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Apr 20Lightwave Logic Announces Publication of U.S. Patent Application for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry ManufacturingLightwave Logic, Inc. announced the publication of a U.S. patent application on a new invention that will simplify polymer modulator fabrication when integrated with silicon photonics for high-volume foundry manufacturing applications. This patent application – entitled "TFP (thin film polymer) optical transition device and method," – illustrates the design of a simpler to fabricate, lower cost hybrid integrated photonics chip using electro-optic polymers which are more advantageous for high-volume production. The simplified fabrication approach enables to simplify the production of very high speed, low power proprietary polymer modulators that will enable significantly faster data rates in the internet environment. The essence of the invention is a hybrid polymer-silicon photonics engine that fits into fiber optic transceivers (either pluggable or co-packaged) that are used in the routers, servers and network equipment that are proliferating with the growth of data centers, cloud computing and optical communications capacity. The hybrid polymer-silicon photonics engine is designed to use high-volume silicon foundry infrastructure and is published with publication number 2022/0113566 A1.
お知らせ • Mar 31Lightwave Logic, Inc., Annual General Meeting, May 26, 2022Lightwave Logic, Inc., Annual General Meeting, May 26, 2022, at 10:00 US Mountain Standard Time. Location: Hilton Denver Inverness Conference A, 200 Inverness Englewood Colorado United States
お知らせ • Feb 11Lightwave Logic Announces Breakthrough Photostability for Use in Ultra-High-Speed Electro-Optic PolymersLightwave Logic, Inc. leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today announced breakthrough photostability results on its electro-optic polymer modulators that are compatible with high-volume silicon foundry processes. Photostability is a key performance metric for polymer modulators to achieve both operational stability and the reliability required for commercial field deployment. The company's latest polymers were subjected to rigorous optical testing and resulted in performance increases that far exceed previous polymer material designs. The improved photostability of polymers will minimize any optical losses and provide a more robust platform for silicon foundries.
Board Change • Feb 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Member of Advisory Board Joe Miller was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Seeking Alpha • Feb 08Lightwave Logic: Retail Investor Interest Seems To Be Fading And Being Short Looks AppealingThe company’s market valuation reached over $2 billion shortly after its uplisting on Nasdaq but it has been declining for almost two months now. I think Lightwave Logic’s share price was boosted by retail investor interest, which seems to be fading now. Considering the short borrow fee rate has fallen below 12%, I think this could be a good time to open a small short position.
Recent Insider Transactions • Jan 20Independent Director recently sold US$363k worth of stockOn the 14th of January, Siraj El-Ahmadi sold around 35k shares on-market at roughly US$10.33 per share. In the last 3 months, there was an even bigger sale from another insider worth US$1.7m. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months.
分析記事 • Jan 13We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Jan 07Lightwave Logic Enhances Foundry Process Development Kit Offering with Addition of Optical Grating CouplersLightwave Logic, Inc. announced the successful initial testing of its optical grating couplers. Grating couplers will be part of the Company's Design Tool Kit that will simplify foundry processes and Process Development Kits (PDKs) when integrating the company's polymer technology with silicon photonics. The introduction of optical grating couplers, integrated with the Company's modulators, enable light to be efficiently coupled into and out of the modulator, improving the overall efficacy of an integrated silicon photonics platform. The inclusion of an optical grating coupler in a PDK enables silicon foundry partners to fabricate the modulator and optical grating coupler either simultaneously or in a single fab run.
お知らせ • Jan 05Lightwave Logic Announces Publication of Materials Chemistry Patent Application to Significantly Improve Polymer PerformanceLightwave Logic, Inc. announced the publication of its patent application 202-1040-5504-A1 by the United States Patent and Trademark Office (USPTO) – entitled 'Nonlinear Optical Chromophores Having a Diamondoid Group Attached Thereto, Methods of Preparing the Same, and Uses Thereof' – which significantly improves the overall stability and performance of the Company's electro-optic polymers. The materials chemistry invention is to advance the performance of the Company's electro-optic chromophores and their use in high-speed electro-optical modulators, which are designed to drive data rates 2-3x faster and with 2-3x lower power than incumbent technologies in-use today. Specifically, the chromophores are designed to have one or more diamondiod molecular groups attached to the chromophore. When such chromophores are dispersed in a host polymer matrix, the electro-optic materials result in improved macroscopic electro-optic properties, increased poling efficiency, increased loading as well as increased stability of these materials after poling. The impact of the technology disclosed in the published patent application is significant in that it will accelerate the path for very high-speed, low-power electro-optic polymers to be implemented into large foundry process development kits (PDKs) to boost performance of integrated photonic circuits.
Recent Insider Transactions Derivative • Jan 02Independent Director exercised options and sold US$2.4m worth of stockOn the 27th of December, Frederick Leonberger exercised 150k options at a strike price of around US$0.73 and sold these shares for an average price of US$16.75 per share. This trade did not impact their existing holding. Since March 2021, Frederick has not owned shares directly. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Dec 31Independent Non-Executive Chairman notifies of intention to sell stockThomas Zelibor intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of December. If the sale is conducted around the recent share price of US$17.00, it would amount to US$2.6m. Since March 2021, Thomas' direct individual holding has increased from 50.12k shares to 208.58k. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Dec 28Independent Non-Executive Chairman recently sold US$1.7m worth of stockOn the 23rd of December, Thomas Zelibor sold around 102k shares on-market at roughly US$16.88 per share. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Nov 25Independent Non-Executive Chairman exercised options and sold US$3.1m worth of stockOn the 20th of November, Thomas Zelibor exercised 500.00k options at around US$1.30, then sold 240k of the shares acquired at an average of US$14.29 per share and kept the remainder. Since March 2021, Thomas has owned 50.12k shares directly. Company insiders have collectively sold US$2.8m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Sep 30We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash WiselyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Aug 06Lightwave Logic Announces Breakthrough Thermal Design for Use in Ultra-High-Speed PolymersLightwave Logic, Inc. announced that it has developed improved thermal design properties for electro-optic polymers used in its Polymer Plus™ and Polymer Slot™ modulators, enabling the speed, flexibility and stability needed for high-volume silicon foundry processes.
お知らせ • Jun 25Lightwave Logic Announces Receipt of U.S. Patent on Device Design Enabling Mass-Volume ManufacturingLightwave Logic, Inc. announced the receipt of a new U.S. patent on a breakthrough new device design that enables mass-volume manufacturing when designed into advanced integrated photonic platforms. The device design, protected by U.S. Patent number 11,042,051, enhances reliability, improves optical mode control and most important, lowers by consumption through the use of direct-drive, low-voltage operation. The patent is entitled, "Direct drive region-less polymer modulator methods of fabricating and materials therefor" and is expected to open the opportunity for low power consumption electro-optic polymers to be developed into large foundry PDKs (process development kits), and be ready for mass volume commercialization.
お知らせ • Jun 17Lightwave Logic Announces Breakthrough Test Results from New Super-Fast Optical ModulatorLightwave Logic, Inc. announced test results from new modulators fabricated in 2021, which exceeded bandwidth design targets and achieved triple the data rate as compared to competing devices in use. The unparalleled modulator devices were designed and fabricated in Lightwave logic's Colorado facility on a silicon semiconductor platform. The breakthrough new devices demonstrated 3dB electro-optical with electrical bandwidths that exceed 100GHz – with measurements coming close to Lightwave Logic's 110GHz test equipment capability.
お知らせ • Jun 08Lightwave Logic Announces Inclusion in the Solactive Epic Core Photonics EUR IndexLightwave Logic, Inc. announced that it will be added to the Solactive EPIC Core Photonics EUR Index NTR as part of the index's semi-annual additions. The Solactive EPIC Core Photonics EUR Index NTR aims to present the performance of a portfolio of publicly listed global companies which derive at least 66% of their revenues from photonics manufacturing activities. The current 59 member securities are weighted based on their free float market capitalization, subject to certain weight caps. Solactive is a leading provider of indexing, benchmarking, and calculation solutions for the global investment and trading community.
お知らせ • Dec 18Lightwave Logic, Inc. Announces Breakthrough in Path Towards Future Chip-On-Board Packaged Polymer PlatformLightwave Logic, Inc. announced that it has developed a new sealant for its future Chip-on-Board (COB) packaged polymer platform. The sealant, which blocks oxygen and other atmospheric gases, is a key step in the company's development towards a polymer modulator without a package, an important enabling technology for the industry. The company plans to develop the sealant for commercial implementation in its future modulators. Concerns about exposure to atmospheric gases have historically led electro-optic polymer companies to package their modulators into hermetic gold-box packages, an expensive and bulky solution. Potential customers in the datacenter and telecommunication fiber optics markets for Lightwave Logic's modulator technology have expressed a preference for simpler, less costly, non-hermetic packaging. There is also a desire for co-packaging with other optical and electronic chips including silicon photonics chips. The ultimate goal is chip-on-board style packaging in which there is no chip package at all, and the chip is mounted directly on a circuit board. Yet, the simplified packaging cannot be allowed to compromise the robustness and stability of solutions needed for high-speed fiber optic communications applications. Recent results suggest that Lightwave Logic's recently developed electro-optic polymer sealant material displays encouraging barrier properties and is expected to translate to significant improvement in bare chip robustness against atmospheric gases, as compared to existing EO polymer commercial solutions in use today. While the initial measurements are highly promising, the company plans to continue development work to further optimize the sealant material and barrier performance towards the chip-on-board goal.
お知らせ • Oct 16Lightwave Logic, Inc. Announces Its Proprietary Polymer Technology Compatible with Standard Integrated Photonics PlatformsLightwave Logic, Inc. announced that it determined that its proprietary polymer technologies are compatible with currently available integrated photonics platforms as a direct result of feedback from several of its potential customers under NDA. Lightwave Logic's proprietary electro-optic materials are currently in the prototyping phase and are fabricated onto standard silicon wafers. This advancement, driven by the feedback the company received from potential customers to-date, has allowed the company's materials to be suitable for additive integration to integrated photonics platforms such as silicon photonics, as well as indium phosphide and other standard platforms – therefore enabling simpler integration by customers.