LWLG
Lightwave Logic, Inc.3.0000
-0.7700-20.4%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A reaffirms with minor details
Q&A largely reaffirmed prepared remarks on foundry expansions and customer progress, adding minor details without contradictions. Management confirmed Denver back-end prototyping ramp-up alongside 2026 external high-volume partners, but dodged specifics on yields or 2026 volumes, emphasizing aggressive 2027 modeling instead. No EOP transceiver prototypes this year—customers control timelines. Tier 1 updates flow through quarterly calls, not joint PRs. SilTerra tape-out targets 200G/400G validation by mid-2026. No bombshells. Confident tone persists; investors eye Stage 4 conversions.
Key Stats
Market Cap
401.29MP/E (TTM)
-Basic EPS (TTM)
-0.17Dividend Yield
0%Recent Filings
10-K
8-K
Restates Q2 financials
Lightwave Logic's audit committee deemed its Q2 2025 financials unreliable due to misclassifying net shares from non-cash stock option exercises as $705,499 compensation expense. The fix slashes that expense, cuts additional paid-in capital, and shrinks net loss. Company will amend the 10-Q soon. Non-cash tweak. Pure accounting cleanup.
8-K
Appoints new Principal Financial Officer
Lightwave Logic appointed Snizhana 'Ana' Quan as Principal Financial Officer and Principal Accounting Officer on January 6, 2026, effective immediately, succeeding James S. Marcelli who retired December 31, 2025. The 47-year-old CPA joined as Corporate Controller in October 2023, bringing experience from Frontier Airlines and Western Union. Smooth transition. No related arrangements or conflicts disclosed.
8-K
Closes $35M stock offering
Lightwave Logic closed a $35 million public offering of 11,666,667 shares at $3.00 each on December 17, 2025, netting $32.8 million after fees. Funds will boost working capital, speed commercialization, and expand U.S. production for Fortune 500 partners—while eyeing M&A, though none committed. Cash hits ~$70 million. No deals locked in yet.
8-K
Terminates $30M equity line
Lightwave Logic terminated its $30 million equity line with Lincoln Park Capital, effective December 15, 2025, after notice on December 12. The 36-month Purchase Agreement from March 17, 2025, allowed flexible share sales but permitted termination anytime with one business day's notice. Certain provisions survive. No reason disclosed.
IPO
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