LIGHTWAVE LOGIC INC (LWLG)
Information Technology · Photonic materials and integration · NASDAQ
Lightwave Logic develops proprietary electro-optic polymer materials for silicon photonics-based optical modulators targeting AI data center and cloud communications infrastructure.
What LIGHTWAVE LOGIC INC does
Lightwave Logic is a specialty materials and intellectual property company focused on developing and commercializing proprietary electro-optic (EO) polymer materials designed to enable high-speed optical modulators for data communications and photonic applications. The company's Perkinamine® family of EO polymers is engineered for integration into silicon photonics and photonic integrated circuit platforms, offering high-speed optical modulation with lower drive voltage requirements. Rather than manufacturing complete devices, Lightwave Logic commercializes its technology through material sales, IP licensing, process design kit enablement, and royalty-based arrangements with semiconductor foundries, device designers, optical module manufacturers, and system integrators.
Themes: ["Silicon photonics / integrated photonics"]
Fundamentals
- Price$7.09 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return+451.6% as of 2026-07-09 close
- Net margin-8724.8% as of 2026-07-10
- Gross margin+97.1% as of 2026-07-10
- ROE-37.5% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+175.9% as of 2026-07-10
- Revenue CAGR (3y)+141.8% SEC XBRL
- Beta2.49 as of 2026-07-10
Key risks (from latest filing)
["Lack of significant revenue generation and dependency on customer qualification cycles; the company generates minimal revenue while navigating extended development stages with foundries and device designers before production readiness"]
Competitors & peers
- Infinera
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.