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]

Lightwave Logic (LWLG) FY 2025 Annual General Meeting May 15, 2025 12:00 PM ET Speaker0 Good morning, ladies and gentlemen. My name is Ron Bookie. I'm Chairman of the Board of LightwaveLogic. And it's my pleasure to welcome you to the company's twenty twenty five Annual Meeting of Shareholders. This meeting is also being webcast live. And the webcast will be posted on our website for a period of time after the meeting. Welcome to those shareholders participating by webcast and also welcome everybody and tha ...

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 ...

Revenue and Income - For the year ended December 31, 2024, the company recognized $81,855 in licensing and royalty revenue and $13,750 in revenue for device processing work, compared to $40,502 in licensing and royalty revenue for the year ended December 31, 2023, indicating a significant increase in revenue [220]. - Other income increased by 196% to $554,102 in 2024, compared to $187,233 in 2023, mainly due to increased interest income and a decrease in commitment fees [226]. Operating Expenses - The company's total operating expenses for the year ended December 31, 2024, were $23,177,353, up 9% from $21,263,254 in 2023, driven by increases in research and development and general administrative expenses [222]. - Research and development expenses increased by $902,859 (6%) to $16,806,548 in 2024, primarily due to higher salary and benefits, equipment depreciation, and prototype development costs [222]. - General and administrative expenses rose by $1,011,240 (19%) to $6,370,805 in 2024, attributed to increases in salary, consulting fees, and investor relations expenses [225]. Net Loss - The net loss for the year ended December 31, 2024, was $22,535,041, an increase of $1,497,009 (7%) from the net loss of $21,038,032 in 2023, primarily due to rising operational costs [227]. Cash Flow and Financing - Net cash used in operating activities was $15,550,515 for the year ended December 31, 2024, primarily due to a net loss of $22,535,041 [240]. - Net cash provided by financing activities was $14,484,291 for the year ended December 31, 2024, including $12,366,965 from the resale of common stock [242]. - The company received $12,366,965 in proceeds from the 2023 Purchase Agreement with Lincoln Park during the year ended December 31, 2024 [231]. - The company has entered into a 2025 Purchase Agreement with Lincoln Park to sell up to $30 million of common stock over a 36-month period [235]. Assets and Liabilities - As of December 31, 2024, the company's cash and cash equivalents totaled $27,667,964, with total assets of $37,807,983 and stockholders' equity of $33,423,905 [243]. - The company had total liabilities of $4,384,078 as of December 31, 2024 [243]. - The company has a cash position that allows it to finance operations through April 2026 without needing to replenish cash reserves [234]. Strategic Focus and Growth - The company commenced commercial operations in May 2023, with a material supply license agreement for Perkinamine® chromophore materials, marking a significant step in its business strategy [215]. - The company is focusing on scaling its polymer modulator devices through partnerships with silicon-based foundries, which will enhance production efficiency and capital utilization [210]. - The company aims to expand its applications beyond telecommunications to sectors such as automotive, aerospace, and defense, leveraging its proprietary polymer technology [212]. - The company plans to continue incurring substantial research and development expenses to support the commercialization of its electro-optic materials platform and enhance its product offerings [224]. - The company plans to increase spending on research and development, marketing, and workforce expansion as part of its growth strategy [238]. Future Expenditures - The company expects to incur approximately $1,727,000 in expenditures per month over the next 12 months [233]. - Net cash used by investing activities was $2,697,899 for the year ended December 31, 2024, primarily for asset additions for the Colorado headquarters facility and labs [241].

Core Points - Lightwave Logic, Inc. is hosting its Annual Meeting of Shareholders on May 15, 2025, at 10:00 a.m. Mountain time in Englewood, Colorado [1][2] - The company specializes in proprietary electro-optic (EO) polymers that enable high-speed data transmission with lower power consumption [3] Company Overview - Lightwave Logic, Inc. is a technology platform company focused on engineered electro-optic (EO) polymers for telecommunications and data transmission applications [3] - The company's products are designed to support next-generation photonic EO devices that convert electrical signals into optical signals, potentially benefiting generative AI applications [3]

Group 1 - Lightwave Logic, Inc. will participate in the 37th Annual ROTH Conference on March 17-18, 2025, where President Tom Zelibor and CFO Jim Marcelli will meet with investors [1] - The ROTH Conference will feature various formats including 1-on-1 meetings, fireside chats, and panels with executives from around 450 companies across multiple growth sectors [2] - Lightwave Logic specializes in proprietary electro-optic (EO) polymers that enable high-speed data transmission with lower power consumption, targeting applications in telecommunications and generative AI [4] Group 2 - ROTH is an investment bank focused on growth companies, providing services such as capital raising, equity research, and M&A advisory [3]

Core Viewpoint - Lightwave Logic, Inc. and Polariton Technologies AG are advancing their collaboration to develop high-speed electro-optic solutions by combining plasmonics and electro-optic polymers, aiming to enhance data transmission capabilities for next-generation AI applications [1][3]. Group 1: Collaboration Details - The partnership will focus on developing technical solutions for faster adoption of combined plasmonics and polymer-based products, including manufacturing transmitter photonic integrated circuits (PICs) with superior electro-optic performance [2]. - Both companies will engage in extensive qualification and reliability programs, high-speed RF and optical testing, and back-end manufacturing process integration [2]. Group 2: Technological Advancements - The collaboration aims to address bandwidth and form factor limitations of traditional materials, enabling modulation frequencies of up to 800 GHz in the future [3]. - Applications are targeted at next-generation AI clusters and optical networking links, with capabilities to deliver 400 Gb/s per lane and scale to 800 Gb/s per lane, critical for achieving future bandwidths of 3.2 Tb/s and 6.4 Tb/s [3]. Group 3: Product Development - Polariton has developed O-band products utilizing Lightwave Logic's electro-optic polymer, which are currently available for sampling with select customers [4]. - Lightwave Logic's high-performance electro-optic polymer materials are integral to the development of innovative solutions for telecommunications and data transmission, particularly in support of generative AI [5]. Group 4: Company Profiles - Lightwave Logic, Inc. specializes in engineered electro-optic polymers for high-speed data transmission with lower power consumption [5]. - Polariton Technologies AG designs and manufactures high-performance photonic integrated circuits for ultra-high-bandwidth and low-power applications across various markets, including communication and quantum technologies [6].

Core Insights - Lightwave Logic, Inc. will host a special call on March 13, 2025, to discuss the application of electro-optic polymers, its competitive position, and go-to-market strategy [1] - The call will be available via webcast at 4:30 pm Eastern Time, including a Q&A session for investors [2] - A replay of the webcast will be accessible on the company's website shortly after the call [3] Company Overview - Lightwave Logic, Inc. is a technology platform company that utilizes proprietary engineered electro-optic (EO) polymers to enhance data transmission speed and reduce power consumption in a compact form [4] - The company's high-activity and high-stability organic polymers enable the development of next-generation photonic EO devices, converting electrical signals into optical signals for telecommunications and data transmission, potentially supporting generative AI applications [4]

Core Insights - Lightwave Logic, Inc. is participating in the 2025 SPIE Photonics West Conference, focusing on advancements in optical interconnects [1] - CEO Yves LeMaitre will discuss new materials for wafer scale manufacturing, highlighting the company's expertise in silicon photonics and EO polymers [1][3] - The company's proprietary engineered electro-optic polymers enable high-speed data transmission with reduced power consumption, relevant for telecommunications and generative AI applications [3] Company Overview - Lightwave Logic, Inc. is a technology platform company specializing in engineered electro-optic (EO) polymers [3] - The company's products are designed to convert electrical signals into optical signals, facilitating faster and more efficient data transmission [3] - The high activity and stability of the company's organic polymers position it for next-generation photonic EO devices [3]

Group 1 - The Value Lab focuses on long-only value investment ideas, aiming for a portfolio yield of about 4% and has performed well over the last 5 years by engaging in international markets [1][2] - Lightwave Logic, Inc. (NASDAQ: LWLG) is experiencing a shift in perception following the Trump win, indicating a reflexivity case that contrasts with previous coverage [2] - The Valkyrie Trading Society consists of analysts sharing high conviction investment ideas that are expected to generate non-correlated and outsized returns in the current economic environment [3]