Lightwave Logic
OverviewSuggest Edit
Lightwave Logic (formerly known as Third-Order Nanotechnologies) is a company providing optical materials and devices. It leverages polymer photonic integrated circuit (PIC) and develops optical non-linear polymer technology. The company serves fiber communications datacom and telecom markets as well as explores the potential application of polymer PICs in non-communications segments that include healthcare, industrial, sensing, computation, etc.
| Type | Public | |
| Founded | 1997 | |
| HQ | Englewood, US | Map |
| Website | lightwavelogic.com |
Recent NewsAll News
Latest Updates
| Employees (est.) (Dec 2018) | 17 | (+22%) |
Key People/Management at Lightwave Logic
Michael Lebby
CEO
James Marcelli
President, COO
Karen Liu
VP of Sales and Marketing
Lightwave Logic Office Locations
Lightwave Logic has an office in Englewood
Englewood, US (HQ)
369 Inverness Pkwy #350Englewood
Lightwave Logic Financials and Metrics
Lightwave Logic Revenue
| USD | |
|---|---|
Net income (Q3, 2019) | (1.6m) |
EBIT (Q3, 2019) | (1.6m) |
Cash (30-Sep-2019) | 2.2m |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
General and administrative expense | 456.0k | 446.8k | 354.3k | 460.4k | 798.4k | 384.6k | 574.6k | 509.9k | 458.8k | 568.4k | 504.2k | 441.6k |
R&D expense | 603.3k | 592.6k | 589.0k | 728.5k | 839.0k | 821.3k | 901.7k | 944.4k | 984.8k | 1.2m | 1.1m | 1.1m |
Operating expense total | 1.1m | 1.0m | 943.3k | 1.2m | 1.6m | 1.2m | 1.5m | 1.5m | 1.4m | 1.7m | 1.6m | 1.6m |
EBIT | (1.1m) | (1.0m) | (943.3k) | (1.2m) | (1.6m) | (1.2m) | (1.5m) | (1.5m) | (1.4m) | (1.7m) | (1.6m) | (1.6m) |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 3.0m | 2.1m | 2.3m | 2.2m | 2.1m | 2.9m | 2.8m | 2.0m | 2.2m | 2.3m | 2.2m | 2.2m |
Prepaid Expenses | 120.4k | 205.0k | 167.5k | 135.9k | 234.5k | 212.0k | 567.0k | 393.3k | 316.4k | 292.4k | 380.9k | |
Current Assets | 3.1m | 2.3m | 2.5m | 2.3m | 2.4m | 3.1m | 3.4m | 2.4m | 2.5m | 2.6m | 2.6m | 2.4m |
Total Assets | 4.2m | 3.3m | 3.6m | 3.4m | 3.5m | 4.2m | 5.6m | 5.2m | 5.2m | 6.1m | 6.8m | 6.6m |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (1.3m) | (2.3m) | (3.3m) | (1.2m) | (2.9m) | (4.2m) | (1.5m) | (3.0m) | (4.5m) | (2.0m) | (3.6m) | (5.2m) |
Depreciation and Amortization | 97.6k | 145.7k | ||||||||||
Accounts Payable | 51.5k | 1.9k | 87.1k | 11.5k | 44.1k | 19.6k | 115.7k | (46.4k) | (31.6k) | (29.1k) | (34.9k) | (39.1k) |
Cash From Operating Activities | (677.7k) | (1.6m) | (2.3m) | (820.1k) | (1.9m) | (2.9m) | (1.0m) | (2.2m) | (3.4m) | (1.1m) | (2.4m) | (3.6m) |
| USD | Y, 2019 |
|---|---|
Financial Leverage | 1.4 x |
Lightwave Logic Online and Social Media Presence
Lightwave Logic's Trends
Lightwave Logic News and Updates
March 26, 2019
Lightwave Logic Wins Award for Breakthrough Technology
ENGLEWOOD, CO, March 26, 2019 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG) today was awarded “Best Achievement in PIC Platform” at the 3rd PIC Awards. This award recognizes advances in the development and application of key materials systems driving today’s photonic integrated circuits …
March 20, 2019
CEO of Lightwave Logic Chairs International Conference Exploring Paths to Energy Savings While Sustaining Internet Growth
ENGLEWOOD, CO, March 20, 2019 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG) today announced that CEO Dr. Michael Lebby, in recognition of his global leadership position in the photonics industry, will be serving as conference co-chair of the International Photonic Integrated Circuits con…
January 11, 2019
Lightwave Logic, Inc. CEO Sends Quarterly Open Letter to Shareholders
ENGLEWOOD, CO, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG) announced today that it sent an Open Letter to its Shareholders.
December 12, 2018
Lightwave Logic Targets 10 km and Greater Market
November 07, 2018
Lightwave Logic Joins OIF and 100G Lambda MSA
Englewood, CO, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), a leader in electro-optic polymer technology, today announced that it has joined two leading industry groups that promote commercial viability of optical technology innovation. Participation in these activities a…
August 30, 2018
Lightwave Logic Expands its Capability to Commercialize 50 Gbps Polymer Modulator Platform
Englewood, Colorado, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), provided an update today on its progress on several fronts. It is on track with plans to commercialize its 50Gbps polymer modulator technical platform. On top of those plans, it has made significant progres…
Lightwave Logic Frequently Asked Questions
When was Lightwave Logic founded?
Lightwave Logic was founded in 1997.
Who are Lightwave Logic key executives?
Lightwave Logic's key executives are Michael Lebby, James Marcelli and Karen Liu.
How many employees does Lightwave Logic have?
Lightwave Logic has 17 employees.
Who are Lightwave Logic competitors?
Competitors of Lightwave Logic include Micropac Industries, Inrad Optics and J.A. Woollam.
Where is Lightwave Logic headquarters?
Lightwave Logic headquarters is located at 369 Inverness Pkwy #350Englewood, Englewood.
Where are Lightwave Logic offices?
Lightwave Logic has an office in Englewood.
How many offices does Lightwave Logic have?
Lightwave Logic has 1 office.
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