Lightwave Logic, Inc.

NasdaqCM:LWLG Stock Report

Market Cap: US$2.6b

Lightwave Logic Management

Management criteria checks 2/4

Lightwave Logic's CEO is Yves LeMaitre, appointed in Feb 2024, has a tenure of 2.25 years. total yearly compensation is $8.61M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $6.16M. The average tenure of the management team and the board of directors is 1.6 years and 4.3 years respectively.

Key information

Yves LeMaitre

Chief executive officer

US$8.6m

Total compensation

CEO salary percentage5.15%
CEO tenure2.3yrs
CEO ownership0.2%
Management average tenure1.6yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Lightwave Logic (LWLG): Transitioning Into Foundry Tape-Out Phase as Commercial Path Clarifies

Investment 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.

How Nvidia learned to embrace the light in its quest for scale

https://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.

LWLG 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.

Pre Commercialization optimism

Lightwave 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.

We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate

Oct 18
We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate

Reflexivity Plays In Lightwave Logic's Favour Post Jackson Hole

Sep 04

Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Jul 05
Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation

Feb 27
Here's Why We're Watching Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation

We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely

Nov 14
We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation

May 31
Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation

Lightwave Logic: Commercialization Accelerates, But Profitability Is Far Away

May 14

Lightwave Logic: Product Commercialization Progress Seems Slow

Jan 21

Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Nov 28
Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Aug 15
Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Lightwave Logic GAAP EPS of -$0.03

Aug 11

Lightwave Logic Isn't Getting Close To Commercialization And I'm Still Bearish

May 13

Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Apr 30
Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans

Lightwave Logic: Retail Investor Interest Seems To Be Fading And Being Short Looks Appealing

Feb 08

We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate

Jan 13
We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate

We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely

Sep 30
We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely

CEO Compensation Analysis

How has Yves LeMaitre's remuneration changed compared to Lightwave Logic's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$9mUS$444k

-US$20m

Sep 30 2025n/an/a

-US$21m

Jun 30 2025n/an/a

-US$21m

Mar 31 2025n/an/a

-US$22m

Dec 31 2024US$1mUS$23k

-US$23m

Compensation vs Market: Yves's total compensation ($USD8.61M) is about average for companies of similar size in the US market ($USD7.20M).

Compensation vs Earnings: Yves's compensation has increased whilst the company is unprofitable.


CEO

Yves LeMaitre (61 yo)

2.3yrs
Tenure
US$8,614,697
Compensation

Mr. Yves LeMaitre serves as the Chief Executive Officer of Lightwave Logic, Inc. since December 10, 2024 and serves as Employee Director from August 1, 2024, serves as its President since January 1, 2026....


Leadership Team

NamePositionTenureCompensationOwnership
Yves LeMaitre
President2.3yrsUS$8.61m0.24%
$ 6.2m
Snizhana Quan
VP of Finance2.6yrsno data0.017%
$ 448.0k
Aref Chowdhury
Chief Technology Officer & Head of Strategyless than a yearno datano data
Robert Blum
Senior Vice President of Sales & Marketing1yrno datano data
David Eaton
Senior Technology Advisorno dataUS$132.25kno data
1.6yrs
Average Tenure
61yo
Average Age

Experienced Management: LWLG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yves LeMaitre
President1.8yrsUS$8.61m0.24%
$ 6.2m
Frederick Leonberger
Member of Advisory Board1.4yrsUS$511.94kno data
Joseph Miller
Member of Advisory Board4.3yrsno datano data
Thomas Connelly
Independent Director1.7yrsUS$138.63k0.049%
$ 1.3m
Siraj El-Ahmadi
Director12.6yrsUS$370.00k0.061%
$ 1.6m
Ronald Bucchi
Non-Executive Independent Chairman13.9yrsUS$170.75k0.12%
$ 3.2m
Laila Partridge
Independent Director2.8yrsUS$142.25k0.051%
$ 1.3m
Andreas Umbach
Member of Advisory Board7.2yrsno datano data
Craig Ciesla
Independent Director4.3yrsUS$133.38k0.075%
$ 1.9m
Franky So
Member of the Advisory Board5.8yrsno datano data
Christoph Harder
Member of Advisory Board7.2yrsno datano data
4.3yrs
Average Tenure
65.5yo
Average Age

Experienced Board: LWLG's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 21:14
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

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Industry and Sector Metrics

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Analyst Sources

Lightwave Logic, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.