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.
    TypePublic
    Founded1997
    HQEnglewood, US
    Websitelightwavelogic.com

    Latest Updates

    Employees (est.) (Dec 2018)17(+22%)

    Key People/Management at Lightwave Logic

    Michael Lebby

    Michael Lebby

    CEO
    James Marcelli

    James Marcelli

    President, COO
    Karen Liu

    Karen Liu

    VP of Sales and Marketing
    Show more

    Lightwave Logic Office Locations

    Lightwave Logic has an office in Englewood
    Englewood, US (HQ)
    369 Inverness Pkwy #350Englewood
    Show all (1)

    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
    USDFY, 2016FY, 2017FY, 2018

    General and administrative expense

    1.7m2.0m1.8m

    R&D expense

    2.5m3.5m3.8m

    Operating expense total

    4.1m5.5m5.6m

    EBIT

    (4.1m)(5.5m)(5.6m)
    Quarterly
    Annual
    USDFY, 2016FY, 2017FY, 2018

    Cash

    2.0m3.5m2.2m

    Prepaid Expenses

    136.9k584.9k337.6k

    Current Assets

    2.1m4.1m2.5m

    Total Assets

    3.2m5.8m5.3m
    Quarterly
    USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

    Cash

    3.0m2.1m2.3m2.2m2.1m2.9m2.8m2.0m2.2m2.3m2.2m2.2m

    Prepaid Expenses

    120.4k205.0k167.5k135.9k234.5k212.0k567.0k393.3k316.4k292.4k380.9k

    Current Assets

    3.1m2.3m2.5m2.3m2.4m3.1m3.4m2.4m2.5m2.6m2.6m2.4m

    Total Assets

    4.2m3.3m3.6m3.4m3.5m4.2m5.6m5.2m5.2m6.1m6.8m6.6m
    Annual
    USDFY, 2016FY, 2017FY, 2018

    Net Income

    (4.4m)(5.7m)(5.8m)

    Accounts Payable

    32.2k(58.4k)96.5k

    Cash From Operating Activities

    (3.2m)(4.4m)(4.4m)

    Purchases of PP&E

    (129.2k)(183.8k)(1.0m)
    Quarterly
    USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 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

    97.6k145.7k

    Accounts Payable

    51.5k1.9k87.1k11.5k44.1k19.6k115.7k(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)
    USDY, 2019

    Financial Leverage

    1.4 x
    Show all financial metrics

    Lightwave Logic Operating Metrics

    FY, 2016FY, 2017FY, 2018

    Patents (Japan)

    2 2

    Patents (US)

    4 35

    Patents Issued

    25 13 45

    Patents Pending

    3
    Show all operating metrics

    Lightwave Logic Online and Social Media Presence

    Embed Graph

    Lightwave Logic News and Updates

    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 …

    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…

    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.

    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…

    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.