lightwave logic (lwlg) is a colorado based material and device development company that is commercializing its leading organic nonlinear polymers for a variety of electro-optic devices, with primary applications in high-speed fiber-optic telecom and data communications. our development roadmap is geared to disrupt the industry by introducing organic modulators that have superior speed, lower power consumption, and smaller size than present inorganic devices. our materials and devices are extendable into other applications, including sensors and optical computing.
Company profile
Ticker
LWLG
Exchange
Website
CEO
Michael S. Lebby
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
KushCo • Advanced Container ...
Former names
PSI TEC HOLDINGS INC, THIRD-ORDER NANOTECHNOLOGIES INC, THIRD-ORDER NANOTECHNOLOIES INC
SEC CIK
Corporate docs
IRS number
820497368
LWLG stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
11 Apr 24
8-K
Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results
25 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Other Events
2 Oct 23
8-K/A
Lightwave Logic Appoints Respected Industry Executive Laila Partridge to Board of Directors
10 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Lightwave Logic Appoints Respected Industry Executive Laila Partridge to Board of Directors
19 Jul 23
S-8
Registration of securities for employees
30 Jun 23
8-K
Other Events
29 Jun 23
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
4
FREDERICK J LEONBERGER
15 Dec 23
144
Notice of proposed sale of securities
13 Dec 23
4
Ronald A Bucchi
8 Dec 23
144
Notice of proposed sale of securities
6 Dec 23
3
Laila Partridge
10 Aug 23
4
FREDERICK J LEONBERGER
21 Jul 23
144
Notice of proposed sale of securities
19 Jul 23
4
Siraj Nour El-Ahmadi
14 Jun 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 30.88 mm | 30.88 mm | 30.88 mm | 30.88 mm | 30.88 mm | 30.88 mm |
Cash burn (monthly) | 586.38 k | (no burn) | 1.80 mm | 1.75 mm | 969.93 k | 1.05 mm |
Cash used (since last report) | 4.05 mm | n/a | 12.39 mm | 12.09 mm | 6.69 mm | 7.25 mm |
Cash remaining | 26.83 mm | n/a | 18.49 mm | 18.79 mm | 24.18 mm | 23.62 mm |
Runway (months of cash) | 45.8 | n/a | 10.3 | 10.7 | 24.9 | 22.5 |
Institutional ownership, Q3 2023
25.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 117 |
Opened positions | 14 |
Closed positions | 9 |
Increased positions | 35 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 135.82 bn |
Total shares | 30.65 mm |
Total puts | 466.90 k |
Total calls | 141.40 k |
Total put/call ratio | 3.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.12 mm | $36.31 bn |
BLK Blackrock | 7.95 mm | $35.54 bn |
STT State Street | 2.56 mm | $11.47 bn |
Geode Capital Management | 2.42 mm | $10.82 bn |
NTRS Northern Trust | 1.07 mm | $4.76 bn |
Charles Schwab Investment Management | 889.14 k | $3.97 bn |
Susquehanna International | 417.16 k | $1.86 bn |
Citadel Advisors | 416.29 k | $1.86 bn |
Millennium Management | 399.60 k | $1.79 bn |
BK Bank Of New York Mellon | 386.66 k | $1.73 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Dec 23 | Frederick J Leonberger | Common Stock | Sell | Dispose S | No | No | 4.6737 | 75,000 | 350.53 k | 179,128 |
13 Dec 23 | Frederick J Leonberger | Common Stock | Acquire X | No | No | 0.71 | 100,000 | 71.00 k | 254,128 | |
13 Dec 23 | Frederick J Leonberger | Warrant Common Stock | Acquire X | No | No | 0.715 | 100,000 | 71.50 k | 875,000 | |
6 Dec 23 | Ronald A Bucchi | Common Stock | Sell | Dispose S | No | No | 4.7811 | 13,500 | 64.54 k | 81,749 |
6 Dec 23 | Ronald A Bucchi | Common Stock | Sell | Dispose S | No | No | 4.7258 | 13,500 | 63.80 k | 95,249 |
6 Dec 23 | Ronald A Bucchi | Common Stock | Option exercise | Acquire M | No | No | 0 | 50,000 | 0.00 | 108,749 |
6 Dec 23 | Ronald A Bucchi | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.72 | 50,000 | 36.00 k | 990,000 |
19 Jul 23 | Frederick J Leonberger | Common Stock | Sell | Dispose S | No | No | 7.75 | 49,000 | 379.75 k | 154,128 |
19 Jul 23 | Frederick J Leonberger | Common Stock | Option exercise | Acquire M | No | No | 0.84 | 30,000 | 25.20 k | 203,128 |
19 Jul 23 | Frederick J Leonberger | Common Stock | Option exercise | Acquire M | No | No | 0.73 | 19,000 | 13.87 k | 173,128 |
Press releases
Lightwave Logic Demonstrates Thought Leadership with Critical Contributions to Global Integrated Photonics Industry Roadmap
16 Apr 24
Lightwave Logic Leads the Way in Electro-Optic Polymer Technology for Enhanced Data Transmission
4 Apr 24
Lightwave Logic EO Polymer Achieves World-Class Performance of 400Gbps with Plasmonic Mach Zehnder Modulator
28 Mar 24
Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results
25 Mar 24
Lightwave Logic to Host Annual Meeting of Shareholders on May 22, 2024
19 Mar 24