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Lightwave Logic Strengthens IP With Michael Best and Expands Foundry Collaborations for Growth Lightwave Logic has hired law firm Michael Best & Friedrich as outside counsel to refine its intellectual property strategy and support a broader licensing model for its electro‑optic polymer platform.
The company reports narrower losses in FY 2025 and expanded collaborations with silicon photonics foundries, including SilTerra and Global Foundries, backed by proceeds from a completed public offering.
Lightwave Logic expects 2026 revenue to come mainly from material supply and non‑recurring engineering work, with volume production and licensing revenue planned to follow.
For you as an investor, the IP move with Michael Best points to a stronger focus on protecting core electro‑optic polymer technology and setting clear terms for licensing it to semiconductor foundries and design firms. This kind of framework can matter if the company wants its polymers used across silicon photonics, AI hardware and data center infrastructure rather than relying only on in‑house product sales.
On the operating side, narrower FY 2025 losses, added foundry partners such as SilTerra and Global Foundries, and a completed public offering all fit with a company still in the commercialization phase. Management’s indication that 2026 revenue should mainly reflect material supply and non‑recurring engineering suggests early customer programs are moving into more structured work. For your watchlist, the key issues are likely to be how quickly those programs progress toward volume production and how robust the licensing model becomes as the IP portfolio grows. Aankondiging • May 05
Lightwave Logic, Inc. to Report Q1, 2026 Results on May 12, 2026 Lightwave Logic, Inc. announced that they will report Q1, 2026 results on May 12, 2026 Aankondiging • Apr 13
Lightwave Logic, Inc., Annual General Meeting, May 21, 2026 Lightwave Logic, Inc., Annual General Meeting, May 21, 2026. Recent Insider Transactions • Apr 09
Director recently sold US$267k worth of stock On 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. Reported Earnings • Mar 22
Full 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. New Risk • Mar 11
New major risk - Share price stability The 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). Aankondiging • Feb 24
Lightwave Logic, Inc. to Report Q4, 2025 Results on Mar 05, 2026 Lightwave 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 28
Director notifies of intention to sell stock Siraj 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 08
Director recently sold US$92k worth of stock On 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. Recent Insider Transactions Derivative • Jan 05
Director notifies of intention to sell stock Siraj 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 02
New minor risk - Shareholder dilution The 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). Reported Earnings • Nov 17
Third 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. Reported Earnings • Aug 15
Second 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 23
New major risk - Share price stability The 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). Recent Insider Transactions Derivative • Jun 23
COO, CFO exercised options and sold US$456k worth of stock On 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 14
First 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. Aankondiging • Mar 18
Lightwave Logic, Inc., Annual General Meeting, May 15, 2025 Lightwave 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 Board Change • Feb 18
Less than half of directors are independent Following 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. Aankondiging • Jan 03
Lightwave Logic, Inc. Director Frederick Leonberger to Retire from Board of Directors and Transition to Company's Advisory Board Lightwave 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 27
Independent 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. Aankondiging • Dec 15
Lightwave Logic, Inc. Appoints James S Marcelli as Chief Financial Officer Effective 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. Board Change • Dec 13
High number of new directors There 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. Aankondiging • Sep 10
Lightwave Logic, Inc. Appoints Thomas Connelly, Jr. to Board of Directors Lightwave 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. Aankondiging • Aug 10
Lightwave 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 Aankondiging • Jul 23
Lightwave Logic, Inc. Announces Appointment of Yves LeMaitre to Board of Directors, Effective August 1, 2024 Lightwave 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 14
New minor risk - Share price stability The 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). Aankondiging • Mar 27
Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results Lightwave 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. Aankondiging • Mar 20
Lightwave Logic, Inc., Annual General Meeting, May 22, 2024 Lightwave 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 07
New minor risk - Share price stability The 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). Recent Insider Transactions Derivative • Dec 08
Lead Independent Director notifies of intention to sell stock Ronald 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. Aankondiging • Jul 22
Lightwave Logic, Inc. Elects Laila Partridge as Class III Member of the Board, Effective August 1, 2023 On 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 21
Independent Director notifies of intention to sell stock Frederick 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 09
Lead Independent Director exercised options and sold US$203k worth of stock On 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 18
President notifies of intention to sell stock James 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 07
Independent Director exercised options and sold US$196k worth of stock On 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. Aankondiging • Nov 30
Lightwave 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. Aankondiging • Nov 16
Lightwave Logic Announces Issuance of U.S. Patent for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry Manufacturing Lightwave 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. Aankondiging • Sep 24
Lightwave Logic and Polariton Technologies Announce World-Record Performance for 250 GHz Optical Link Lightwave 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. Aankondiging • Aug 31
Lightwave Logic, Inc. Announces Board Changes, Effective on October 1, 2022 On 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. Aankondiging • Jun 24
Lightwave Logic Announces Publication of U.S. Patent Application for Breakthrough Chip Scale Packaging Technique to Enable Foundry-Level Packaging of Polymer Modulators Lightwave 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. Aankondiging • Jun 22
Lightwave Logic Announces Publication of U.S. Patent Application for Novel Hybrid Silicon Photonics Polymer Modulator Fabrication Process Lightwave 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. Aankondiging • Apr 20
Lightwave Logic Announces Publication of U.S. Patent Application for New Hybrid Photonics to Enable Improved Modulator Fabrication in High-Volume Foundry Manufacturing Lightwave 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. Aankondiging • Mar 31
Lightwave Logic, Inc., Annual General Meeting, May 26, 2022 Lightwave 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 Aankondiging • Feb 11
Lightwave Logic Announces Breakthrough Photostability for Use in Ultra-High-Speed Electro-Optic Polymers Lightwave 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 11
High number of new directors There 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. Recent Insider Transactions • Jan 20
Independent Director recently sold US$363k worth of stock On 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. Aankondiging • Jan 07
Lightwave Logic Enhances Foundry Process Development Kit Offering with Addition of Optical Grating Couplers Lightwave 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. Aankondiging • Jan 05
Lightwave Logic Announces Publication of Materials Chemistry Patent Application to Significantly Improve Polymer Performance Lightwave 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 02
Independent Director exercised options and sold US$2.4m worth of stock On 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 31
Independent Non-Executive Chairman notifies of intention to sell stock Thomas 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 28
Independent Non-Executive Chairman recently sold US$1.7m worth of stock On 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 25
Independent Non-Executive Chairman exercised options and sold US$3.1m worth of stock On 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. Aankondiging • Aug 06
Lightwave Logic Announces Breakthrough Thermal Design for Use in Ultra-High-Speed Polymers Lightwave 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. Aankondiging • Jun 25
Lightwave Logic Announces Receipt of U.S. Patent on Device Design Enabling Mass-Volume Manufacturing Lightwave 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. Aankondiging • Jun 17
Lightwave Logic Announces Breakthrough Test Results from New Super-Fast Optical Modulator Lightwave 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. Aankondiging • Jun 08
Lightwave Logic Announces Inclusion in the Solactive Epic Core Photonics EUR Index Lightwave 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. Aankondiging • Dec 18
Lightwave Logic, Inc. Announces Breakthrough in Path Towards Future Chip-On-Board Packaged Polymer Platform Lightwave 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. Aankondiging • Oct 16
Lightwave Logic, Inc. Announces Its Proprietary Polymer Technology Compatible with Standard Integrated Photonics Platforms Lightwave 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. 