Lightwave Logic/$LWLG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Lightwave Logic
Lightwave Logic Inc is a specialty materials and intellectual property company focused on the development and commercialization of proprietary electro-optic (EO) polymer materials designed to enable high-speed optical modulators for data communications and other photonic applications. Its Perkinamine family of EO polymers is designed for integration into silicon photonics (SiPh) and other photonic integrated circuit (PIC) platforms, supporting high-speed optical modulation with lower drive voltage requirements compared with some conventional silicon-based and III-V compound semiconductor approaches. The company operates as a single reportable segment.
- Ticker
- $LWLG
- Sector
- Digital Hardware
- Primary listing
- NASDAQ
- Employees
- 34
- Headquarters
- Englewood, United States
- Website
- lightwavelogic.com
Lightwave Logic Metrics
BasicAdvanced
$726M
-
-$0.17
2.45
-
Price and volume
Market cap
$726M
Beta
2.45
52-week high
$18.71
52-week low
$2.84
Average daily volume
3.4M
Financial strength
Current ratio
62.837
Quick ratio
61.623
Long term debt to equity
0.022
Total debt to equity
0.024
Profitability
EBITDA (TTM)
-23.129
Gross margin (TTM)
98.93%
Net profit margin (TTM)
-9,416.34%
Operating margin (TTM)
-10,018.70%
Revenue per employee (TTM)
$10,000
Management effectiveness
Return on assets (TTM)
-22.31%
Return on equity (TTM)
-35.42%
Valuation
Price to revenue (TTM)
2,668.555
Price to book
6.97
Price to tangible book (TTM)
7.09
Price to free cash flow (TTM)
-35.225
Free cash flow yield (TTM)
-2.84%
Free cash flow per share (TTM)
-0.134
Growth
Revenue change (TTM)
165.22%
Earnings per share change (TTM)
-0.13%
3-year earnings per share growth (CAGR)
-3.27%
10-year earnings per share growth (CAGR)
7.64%
Bulls say / Bears say
Lightwave Logic says it now has five customer programmes at Stage 3, including a Fortune Global 500 company, and has one material-supply and licensing agreement in place. A second agreement is being negotiated with its most advanced customer, giving the pipeline a potential path towards commercial sales. (StockAnalysis)
The company is working with four silicon-photonics foundry partners and has several dedicated wafer runs under way. Multiple manufacturing routes could help it integrate its polymer technology into established foundry processes and give customers more choice. (StockAnalysis)
Lightwave Logic reported more than 2,000 hours of damp-heat testing at 85°C and 85% humidity with no measurable performance change. That result addresses a key reliability concern for polymer materials used in real-world photonic devices. (OTC Markets)
Sales were only $32,751 in the second quarter, against a $6.6 million net loss, so revenue remains far too small to support the business. Operating cash use also rose to $9.9 million in the first half, showing the cost of reaching commercial scale is increasing. (SEC, Investing.com)
The goal for the lead customer is volume production in the second half of 2027, not an immediate revenue ramp. Management says foundry schedules, design changes, packaging and system testing can all affect timing, leaving room for delays in qualification and sales. (StockAnalysis)
The company has raised money through common-stock sales, while first-half operating cash use increased year on year. If commercialisation takes longer or costs rise, further share issuance could dilute existing holders. (SEC, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 16 Oct 2026.
Lightwave Logic Financial Performance
Revenues and expenses
Lightwave Logic Earnings Performance
Company profitability
Upcoming events
No upcoming events
Lightwave Logic News
AllArticlesVideos
Lightwave Logic, Inc. Appoints Edward H. Kennedy to its Board of Directors
Accesswire4 weeks ago
Lightwave Logic, Inc. to Attend the 2026 European Conference on Optical Communication (ECOC) & Global Photonics Economic Forum (GPEF)
Accesswire1 month ago
Lightwave Logic Q2 Earnings Call Highlights
MarketBeat3 months ago
Funds containing Lightwave Logic
Fund name | Fund size | $LWLG weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.03% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.03% |
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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