Lightwave Logic (LWLG)
Develops electro-optic polymers and modulator designs for high-speed photonic data links.
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Develops Perkinamine electro-optic polymers and modulator designs for high-speed data communications. Its business combines material supply and licensing, with integration aimed at third-party silicon-photonics and related foundry platforms.
Perkinamine electro-optic polymers, modulator designs, supporting materials, fabrication processes, and metrology form a technology platform for high-speed optical modulators in data communications and other photonic applications. The technology is designed to convert electrical signals to optical signals within silicon-photonics and related photonic-integrated-circuit platforms.
Materials synthesis, device and package design, wafer fabrication, and testing capabilities are based in Englewood, Colorado. Rather than build proprietary semiconductor wafer fabs, the company plans for EO-material integration at third-party semiconductor foundries.
A non-exclusive Perkinamine material-supply and licence agreement pairs material supply with royalties tied to licensed-product sales. The commercialization model depends on technical qualification, partner and foundry adoption, and licensees’ product sales.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $95.9M · Total debt $2.5M · Total assets $108.1M · Shareholders' equity $104.2M
- Revenue
- $32.8K
- Operating income
- −$7.3M
- Net income
- −$6.6M
No dividends on record.
| Institutions | ≈ 38.07% | 58.69M shares | |
|---|---|---|---|
| 187 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 2.95% | 4.54M shares | |
| 11 holders · as of Sep 14, 2026 | |||
| Other | ≈ 58.98% | 90.94M shares | |
| remainder | |||
154.17M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.98% | 12.31M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.25% | 6.55M | as of Jun 30, 2026 |
State Street CorpInstitution | 2.88% | 4.44M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.87% | 4.42M | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 2.64% | 4.06M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 1, 2026 | Snizhana P. Quan | officer: Principal Financial Officer | −345 | $11.41 |
| Apr 10, 2026 | Snizhana P. Quan | officer: Principal Financial Officer | −20,000 | $10.36 |
| Apr 1, 2026 | Craig Ciesla | director | −11,000 | $6.81 |
| Apr 7, 2026 | Siraj Nour El-Ahmadi | director | −54,536 | $7.76 |
| Apr 6, 2026 | Thomas M. Jr Connelly | director | −9,000 | $8.52 |
- Coherent
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- Lumentum
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- Intel
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- POET Technologies
Hybrid InP interposer and optical engines for AI data centers
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Lightwave Logic | $5.55 | +0.45% | $844.4M | — | — | 3,374.0 | +27.9% |
| Coherent | $309.80 | −0.12% | $62.90B | 78.2 | 33.1 | 8.8 | +33.7% |
| Lumentum | $946.10 | +0.08% | $74.26B | — | 43.8 | 24.6 | +109.3% |
| Intel | $123.39 | −0.35% | $614.26B | — | 72.8 | 10.8 | +25.4% |
| POET Technologies | $8.18 | 0.00% | $1.11B | — | — | 648.1 | +112.3% |
| Median | 78.2 | 43.8 | 17.7 | +71.5% |