Lightwave Logic, Inc., a development stage research and development company, focuses on developing application specific electro-optic polymers that have various applications in the electro-optic device market. The Company's electro-optic polymers are property-engineered at the molecular level to meet the thermal, environment, and performance specifications of electro-optic devices. It intends to sell its products to electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, aerospace companies, and government agencies.
TypePrivate
HQLongmont, US
Founded1997
Size (employees)21 (est)
Websitelightwavelogic.com
Lightwave Logic was founded in 1997 and is headquartered in Longmont, US
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Key People/Management at Lightwave Logic

James Marcelli

James Marcelli

President & CEO
David Eaton

David Eaton

CTO
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Lightwave Logic Office Locations

Lightwave Logic has an office in Longmont
Longmont, (HQ)
c 1831 Lefthand Cir
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Lightwave Logic Financials and Metrics

Summary Metrics

Founding Date

1997

Lightwave Logic total Funding

$22.4 m

Lightwave Logic latest funding size

$1.51 m

Time since last funding

4 years ago

Lightwave Logic investors

Lightwave Logic's latest funding round in July 2014 was reported to be $1.5 m. In total, Lightwave Logic has raised $22.4 m
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Lightwave Logic Revenue

USD

Net income (Q3, 2018)

(1.5m)

EBIT (Q3, 2018)

(1.4m)

Cash (30-Sep-2018)

2.2m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

General and administrative expense

1.6m2.0m1.7m2.0m

R&D expense

2.1m2.8m2.5m3.5m

Operating expense total

3.7m4.8m4.1m5.5m

EBIT

(3.7m)(4.8m)(4.1m)(5.5m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.5k

General and administrative expense

417.4k402.2k392.9k419.3k432.8k882.0k456.0k446.8k354.3k460.4k798.4k384.6k574.6k509.9k458.8k

R&D expense

580.4k585.5k618.5k741.5k619.5k1.0m603.3k592.6k589.0k728.5k839.0k821.3k901.7k944.4k984.8k

Operating expense total

997.8k987.7k1.0m1.2m1.1m1.9m1.1m1.0m943.3k1.2m1.6m1.2m1.5m2.9m1.4m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

3.7m2.0m3.5m

Current Assets

4.0m2.1m4.1m

Total Assets

5.1m3.2m5.8m

Accounts Payable

32.9k65.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

2.6m1.9m3.0m4.2m2.9m2.1m3.0m2.1m2.3m2.2m2.1m2.9m2.8m2.0m2.2m

Current Assets

2.8m2.0m3.2m4.4m3.2m2.4m3.1m2.3m2.5m2.3m2.4m3.1m3.4m2.4m2.5m

Total Assets

3.6m2.9m4.1m5.4m4.3m3.5m4.2m3.3m3.6m3.4m3.5m4.2m5.6m5.2m5.2m

Accounts Payable

247.5k195.4k103.2k329.3k78.2k78.9k84.3k34.7k119.9k76.6k22.6k
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Net Income

(3.9m)(4.8m)(4.4m)(5.7m)

Accounts Payable

(31.0k)(145.3k)32.2k(58.4k)

Cash From Operating Activities

(2.8m)(3.4m)(3.2m)(4.4m)

Cash From Investing Activities

(179.2k)(309.5k)(173.8k)(265.5k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(3.1m)(987.9k)(2.0m)(3.2m)(2.1m)(4.0m)(1.3m)(2.3m)(3.3m)(1.2m)(2.9m)(4.2m)(1.5m)(3.0m)(4.5m)

Depreciation and Amortization

71.5k110.1k81.6k126.6k97.6k145.7k

Accounts Payable

151.1k130.0k37.8k263.9k(100.0k)(99.3k)51.5k1.9k87.1k11.5k44.1k19.6k115.7k(46.4k)(31.6k)

Cash From Operating Activities

(2.0m)(520.2k)(1.5m)(2.1m)(1.9m)(2.7m)(677.7k)(1.6m)(2.3m)(820.1k)(1.9m)(2.9m)(1.0m)(2.2m)(3.4m)
USDY, 2018

Financial Leverage

1.1 x
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Lightwave Logic Online and Social Media Presence

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Lightwave Logic News and Updates

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…

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…
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Lightwave Logic Company Life and Culture

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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 James Marcelli and David Eaton.

  • How many employees does Lightwave Logic have?

    Lightwave Logic has 21 employees.

  • Who are Lightwave Logic competitors?

    Competitors of Lightwave Logic include Luminit, Digital Lightwave and J.A. Woollam.

  • Where is Lightwave Logic headquarters?

    Lightwave Logic headquarters is located at c 1831 Lefthand Cir, Longmont.

  • Where are Lightwave Logic offices?

    Lightwave Logic has an office in Longmont.

  • How many offices does Lightwave Logic have?

    Lightwave Logic has 1 office.