Tue, Mar 18, 9:04 PM (38 days ago)
**Lightwave Logic, Inc. (LWLG)** **Financial Performance (2024):** - **Revenue:** $81,855 (licensing and royalty) + $13,750 (device processing work) = $95,605 - **Net Loss:** $22,535,041 - **Operating Expenses:** $23,177,353 (Research & Development: $16,806,548, General & Administrative: $6,370,805) - **Earnings per Share (EPS):** -$0.19 (basic and diluted) **Strategic Overview:** - **Technology:** Proprietary engineered electro-optic (EO) polymers for high-speed, low-power data transmission. - **Market Focus:** Fiber optic data communications, telecommunications, AI, data centers, and other applications. - **Partnerships:** Collaborations with silicon-based foundries and strategic partners. - **Patents:** Strong and broad patent portfolio with 77 granted patents. **Future Outlook:** - **Growth Potential:** Targeting high-growth markets like AI and datacenter networking. - **Funding:** Secured funding through purchase agreements and sales agreements. - **Expansion:** Plans to scale operations and increase revenue streams. **Risk Factors:** - **Market Risks:** Competition from established and emerging technologies. - **Financial Risks:** Dependence on external funding and potential fluctuations in stock price. - **Operational Risks:** Dependence on key personnel and technological advancements. **Financial Condition:** - **Cash Position:** $27,667,964 in cash and cash equivalents as of December 31, 2024. - **Debt:** No debt to service. - **Funding:** Secured funding through purchase agreements and sales agreements. **Market Position Changes:** - **Stock Performance:** Volatile stock price with a range of $1.00 to $4.82 in the past 52 weeks. - **Market Capitalization:** Approximately $358,611,406 as of June 30, 2024. **Other Notable Points:** - **Employees:** 31 full-time employees with plans to add 4 more in 2025. - **Government Programs:** Previous participation in government-sponsored research and development programs. - **Cybersecurity:** Implementing industry standards and best practices for cybersecurity.