SVP of Sales and Marketing Dr. Robert Blum to present on September 29 ENGLEWOOD, CO / ACCESS Newswire / September 23, 2025 / Lightwave Logic, Inc. (NASDAQ:LWLG) (the "Company"), a leading provider of high-performance electro-optic (EO) polymer materials, today announced that CEO Yves LeMaitre and SVP of Sales and Marketing Dr. Robert Blum, along with additional members of the Lightwave Logic team, will attend the 2025 European Conference on Optical Communication (ECOC), Europe's premier gathering for optica ...

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Board and CEO Yves LeMaitre reach definitive agreement to extend the term of Mr. LeMaitre's employment agreement CFO and COO Jim Marcelli to retire at year-end, Company has initiated a search for replacement ENGLEWOOD, COLORADO / ACCESS Newswire / September 16, 2025 / Lightwave Logic, Inc. (NASDAQ:LWLG) (the "Company"), a leading provider of high-performance electro-optic (EO) polymer materials, today provided an update on its executive leadership team. ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ Commission File Number 001-40766 Lightwave Logic, Inc. (Exact name of registrant as specified in its charter) Nevada FORM 10-Q ____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ...

Summary of LightwaveLogic Inc. Update Conference Call Company Overview - **Company**: LightwaveLogic Inc. - **Date of Call**: July 31, 2025 Key Industry Insights - **Industry**: Organic LED and Electro-Optic Polymer (EOP) technology - **Market Trends**: Significant investments in semiconductor companies integrating photonics into their solutions, particularly in AI connectivity and hyperscale data centers [14][15][20] Core Points and Arguments 1. **Recent Developments**: Announcement of Perkinamine polymer reliability and advanced encapsulation technique, marking a significant milestone for polymer materials [5][12] 2. **Challenges in Organic LED Industry**: Historical reliability issues related to operational lifespan, moisture, and oxygen sensitivity have been addressed over the years, leading to mainstream adoption [6][5] 3. **Polymer Reliability**: LightwaveLogic has developed unique structures (chromophores) to enhance temperature performance and has made breakthroughs in oxygen protection through atomic layer deposition (ALD) [7][8][12] 4. **Testing and Validation**: Successful completion of reliability tests on polymers under elevated temperature and humidity conditions, with plans to extend testing to devices like silicon photonics chips [10][11][29] 5. **Market Opportunities**: Emergence of co-package optics (CPO) as a new trend replacing copper connectivity with optical technology, requiring high bandwidth and low power solutions [15][16][17] 6. **Customer Engagement**: Active collaborations with tier one customers, including a Fortune 500 company, to validate performance and design of silicon photonics chips [21][22] 7. **Future Expectations**: Anticipation of having three to five customers at stage three of the design win cycle by the end of 2025, indicating readiness for high-volume production [25][24] Additional Important Content - **Continuous Improvement Philosophy**: Emphasis on ongoing enhancements to materials and processes to meet increasing reliability demands driven by new applications [27] - **Foundry Partnerships**: Collaboration with foundries to ensure compatibility and performance of processes, with a focus on transitioning to larger wafer sizes in the future [32] - **Technical and Commercial Milestones**: Acknowledgment of the complex design win cycle process, which can take 18 to 24 months, involving multiple stakeholders [33] - **CPO Ecosystem**: Active involvement in defining the role of EOP materials in the emerging CPO market, which is still in the early stages of development [35] This summary encapsulates the key points discussed during the LightwaveLogic Inc. update conference call, highlighting the company's advancements, market opportunities, and strategic direction in the evolving landscape of electro-optic technologies.

Perkinamine® Reliability Breakthrough - The company's thin-film devices with second-generation proprietary encapsulation barrier successfully passed the Telcordia GR-468 85/85 environmental stress test, validating long-term reliability[6] - Absorbance measurements showed only a 1.6% average loss after 1,000 hours under 85°C and 85% relative humidity, exceeding Telcordia GR-468 requirements[7,8] - The oxygen transmission rate (OTR) of the fourth-generation atomic layer deposition (ALD) encapsulation material is 1.4 × 10⁻⁶ g/m²/day, approaching the measurement limit and far exceeding the "gold-box" standard of 7 × 10⁻⁶ g/m²/day[9,14] Commercial Impact & Next Steps - Positive reception from key customers, increasing industry confidence in materials readiness after sharing 85/85 success results[10,11] - The company is preparing the fourth-generation encapsulation material for its next-release back-end-of-line (BEOL) Process Design Kit (PDK) for integration into silicon photonics foundries[14] - The next step is to demonstrate reliability on devices in partnership with customers, focusing on continuous improvement of materials, process, and encapsulation[13] Market & Strategy - The company is focusing on execution and planning for production scale to seize growth opportunities presented by the AI market[15] - Co-Packaged Optics (CPO) is emerging as a new market requiring high density ports, high bandwidth (400G+), and low power, which is an excellent fit for Perkinamine® technology[17,21] - The company reaffirms its expectation to have 3-5 customers in Stage 3 by year-end 2025[26]

Summary of Lightwave Logic (LWLG) Conference Call - May 21, 2025 Company Overview - **Company**: Lightwave Logic (LWLG) - **Industry**: AI Hardware and Electro-Optic Polymers - **Market Size**: AI market valued at over $20 billion, projected to reach $30 billion by 2028 [2][3] Core Technology and Business Model - **Unique Material**: Lightwave Logic has developed electro-optic polymers with unique properties that enhance connectivity and bandwidth in AI data centers [2][3] - **Revenue Streams**: The company generates revenue through material sales and licensing/royalty fees, targeting gross margins exceeding 60% at scale [5][39] - **Modulator Functionality**: The electro-optic polymer acts as a modulator, enabling data transmission over fiber optics at speeds exceeding 100 billion times per second [7][8] Market Challenges and Opportunities - **AI Data Centers**: The need for high-speed interconnections in AI factories creates a demand for advanced optical solutions, with a projected market for optical transceivers exceeding $25 billion by 2028 [13][14] - **Competitive Landscape**: Traditional technologies are reaching their limits, creating an opportunity for Lightwave Logic's unique materials to fill the gap [35][36] - **Total Addressable Market**: The company estimates a serviceable market of $1 to $2.5 billion for its modulators within the broader optical communication market [14][39] Customer Engagement and Development Timeline - **Customer Traction**: The company is targeting multiple design wins by 2028, with a focus on major silicon photonics design houses [15][16] - **Development Cycle**: The typical cycle from customer engagement to revenue generation takes 18 to 24 months, with current progress indicating potential for three to five customers in prototype stage by the end of 2025 [21][22] Financial Position and Capitalization - **Financial Health**: Lightwave Logic has a solid balance sheet with no debt, having invested over $100 million in technology and production capabilities [3][41] - **Operational Expenses**: The company has been burning approximately $20 million annually, with adequate financing in place for the next couple of years [42][43] Investor Considerations - **Market Positioning**: The company is positioned to address a significant industry challenge with a unique material, which is rare in the market [48][49] - **Transparency and Credibility**: The CEO emphasizes the importance of transparency regarding customer traction and progress to rebuild investor confidence [45][49] Conclusion - **Value Proposition**: Lightwave Logic presents a compelling investment opportunity due to its innovative technology, strong market demand, and strategic positioning within the rapidly growing AI infrastructure sector [48][49]

Financial Data and Key Metrics Changes - The company reported significant engagement with 20 customers in the pipeline, with 10 in stages one or two of the design process, indicating a robust customer interest and potential revenue growth [60] - The company aims to have three to five customers in stage three by the end of 2025, which is critical for ramping up production in late 2027 to early 2028 [60] Business Line Data and Key Metrics Changes - The focus has shifted towards materials and licensing of technology, which is seen as the biggest opportunity for the company [43] - The company is targeting a serviceable market of $1 to $2.5 billion by 2028, primarily through supplying modulator materials to chip manufacturers [42] Market Data and Key Metrics Changes - The AI market for transceivers and co-packaged optics is estimated to reach $10 billion by 2028, with significant demand for high-speed optical connections [40] - The traditional data center market is projected to be around $7 billion, indicating a stable demand for high-speed transceivers [41] Company Strategy and Development Direction - The company is positioning itself to play a key role in the evolution of AI networks and optical communication markets, focusing on overcoming challenges such as bandwidth, connectivity, power consumption, and integration [24][26][30][33] - The strategy includes securing major design wins with chip manufacturers and maintaining competitiveness against alternative technologies [42][43] Management's Comments on Operating Environment and Future Outlook - Management highlighted the industry's recognition of the need for new technology, with a shift towards optical solutions for high-speed data transfer [73][86] - The company is optimistic about its material's performance and reliability, which are critical for meeting the demands of modern data centers and AI applications [70][72] Other Important Information - The company has made significant breakthroughs in the reliability of its materials, which is essential for long-term deployment in high-stress environments [71][72] - The competitive landscape includes traditional technologies like lithium niobate, which are seen as less capable of meeting future bandwidth demands [76][86] Q&A Session Summary Question: What is the current status of customer engagement? - The company has about 20 customers in the pipeline, with 10 in stages one or two, and aims to have three to five customers in stage three by the end of 2025 [60] Question: How does the company plan to address the competitive landscape? - The company is focused on securing major design wins and ensuring its technology remains relevant as the market transitions to higher bandwidth requirements [42][43] Question: What are the key challenges the industry is facing? - Key challenges include bandwidth limitations, power consumption, and the need for integration of optical components with existing semiconductor technologies [26][30][33]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-Q ____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________to _____________ Commission File Number 001-40766 Lightwave Logic, Inc. (Exact name of registrant as s ...