Lightwave Logic

Lightwave Logic
Type	Public
Traded as	NASDAQ: LWLG;
ISIN	🆔
Industry	Photonics; Electro-optics; Polymers;
Founded 📆	1991; 35 years ago
Founders 👔	Dr. Frederick J. Goetz;
Headquarters 🏙️	, Englewood Colorado, U.S.
Area served 🗺️	U.S, EU
Key people	Dr. Michael Lebby; (CEO); Jim Marcelli; (President and COO and Director)
Products 📟	Electro-optic polymers;
Revenue🤑	US$0.00 million (2022)a
Operating income	US$−17.00 million (2022)a
Net income	US$−18.63 million (2022)a
Total assets	US$27.22 million (2022)a
Total equity	US$25.20 million (2022)a
Members
Number of employees	19 (2022)a
🌐 Website	www.lightwavelogic.com
📇 Address
📞 telephone
	Footnotes / references; a Fiscal year ended December 31, 2021. ;

Coordinates: 39°33′33.63″N 114°52′0.6727″W / 39.5593417°N 114.866853528°W / 39.5593417; -114.866853528

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Lightwave Logic, Inc. is a development stage technology platform company which focuses on developing application specific next-generation electro-optic (EO) polymers that have various applications in the electro-optic device market. The company’s high-activity and high-stability organic electro-optic polymers are property-engineered at the molecular level to meet the thermal, environmental, and performance specifications of electro-optic devices, to transmit data at higher speeds with less power.^{[citation needed]}

Technology

The company is developing a technology platform consisting of an engineered electro-optic polymer, a modulator and polymer photonic integrated circuits.^{[citation needed]}

Material

The electro-optic polymer materials engineered by Lightwave Logic for use in photonic devices are based upon chromophores.^{[citation needed]} The Perkinamine-family materials show unique properties compared to other materials used in the field.^[2]^{[non-primary source needed]} The goal for engineering these materials and implementing them in modulators and photonic integrated circuits is to lower the power consumption and the hardware cost.^{[citation needed]}

Modulator

Lightwave Logic develops polymer-based optical modulators.^[3]^{[non-primary source needed]}

Polymer photonic integrated circuits

Photonic integrated circuits (PICs) are devices that manipulate photons instead of electrons. Polymer Photonic Integrated Circuits (P2IC) is a technology Lightwave Logic focuses on to further tackle the challenges which the industry faces.^{[citation needed]} These devices are made using conventional wafer-scale processing and are compatible with different material platforms (silicon photonics and indium phosphide).^{[citation needed]}

History

1991-2008: PSI-TEC and Third-Order Nanotechnologies

The company was founded in 1991 by Dr. Frederick J. Goetz ^[4]^[5]^[6].^{[non-primary source needed]} It was formerly known as PSI-TEC Corporation and Third-Order Nanotechnologies, Inc., and changed its name to Lightwave Logic, Inc. in March 2008 ^[7]^[8]^[9].

2008-present: Lightwave Logic

On December 14, 2020 Lightwave Logic uplisted from the OTCQB Venture Market to the OTCQX Best Market ^[10].^{[non-primary source needed]}

On September 1, 2021 Lightwave Logic uplisted from the OTCQX Best Market to the Nasdaq Capital Market ^[11].^{[non-primary source needed]}

Also, since 2021, the company is part of the Solactive EPIC Core Photonics EUR Index NTR ^[12].

On June 27, 2022 the company's common stock was added to the Russell 3000 Index ^[13].^{[non-primary source needed]}

Acquisitions

In 2022 Lightwave Logic acquired patents and polymer technology related to atomic layer deposition (ALD) processes from Chromosol Ltd.^[14]^{[non-primary source needed]}

Patents

Lightwave Logic has an intellectual property portfolio consisting of 70+ patents and patent applications, related to topics such as electro-optic materials, modulator devices, integrated photonic architectures, mass-volume manufacturing ^[15]^[16]^[17]

References

This article "Lightwave Logic" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Lightwave Logic. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

[10K-1] "US SEC: Form 10-K Lightwave Logic".

[2] "Lightwave Logic Announces Lehigh Third-order Study of Perkinamine NR™" (Press release).

[3] "Lightwave Logic Announces Breakthrough Photostability for Use in Ultra-High-Speed Electro-Optic Polymers" (Press release).

[4] ttps://www.sec.gov/Archives/edgar/data/1325964/000094344007000192/form-10sb.txt

[5] "PSI-TEC Nears Launch of Fiber Material".

[6] "THIRD-ORDER NANOTECHNOLOGIES INC (Form: 10SB12G, Received: 04/13/2007 16:46:58)".

[7] ttps://www.sec.gov/Archives/edgar/data/1325964/000094344012000394/R8.htm

[8] "Equity sale boosts Lightwave Logic cash reserves".

[9] "StackPath".

[10] "Lightwave Logic Announces Uplisting to OTCQX Best Market" (Press release).

[11] "Lightwave Logic Announces Uplisting to the Nasdaq Capital Market" (Press release).

[12] "Solactive | Indices".

[13] "Lightwave Logic Joins the Russell 3000® Index" (Press release).

[14] "Lightwave Logic Acquires Polymer Technology and Intellectual Property Assets of Chromosol Ltd (UK)".

[15] "Lightwave Logic Provides Corporate Update on Strategic Intellectual Property Development Efforts" (Press release).

[16] "Patents Assigned to Lightwave Logic Inc. - Justia Patents Search".

[17] ttps://insights.greyb.com/lightwave-logic-patents/#how-many-patents-did-lightwave-logic-file-every-year

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