Lightwave Logic, Inc.
Close on Oct 19, 2026
- Market cap
- $607.78M
- P/E (TTM)
- –
- Dividend yield
- –
About Lightwave Logic
Miscellaneous Plastics Products, SIC 3080
Lightwave Logic, Inc. develops proprietary electro-optic polymer materials designed to enable high-speed optical modulators for data communications and photonic applications. Its core offering is the Perkinamine family of materials, which are engineered for integration into silicon photonics platforms and compatibility with standard complementary metal-oxide-semiconductor manufacturing processes. Rather than manufacturing finished transceivers or discrete photonic modules, the business commercializes its technology through commercial material sales, intellectual property licensing, and process design kit enablement. The company targets customers including semiconductor foundries, silicon photonics device designers, optical module manufacturers, and system integrators across cloud computing, artificial intelligence, and telecommunications markets.
The company conducts development engagements across approximately eighteen customer programs spanning technology selection, product design, and prototype fabrication stages. Lightwave Logic maintains its principal executive offices and corporate headquarters in Englewood, Colorado.
Summary of the business section of Lightwave Logic's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Lightwave Logic, Inc.
- Founded
- 1997
- Headquarters
- Englewood, CO
- Address
- 369 Inverness Parkway, Suite 350 80112
- Phone
- (720) 340-4949
- Website
- lightwavelogic.com
- Employees
- 34, Dec 31, 2025
- Industry
- Miscellaneous Plastics Products
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- Stephano Slack LLC, Wayne, Pennsylvania
Stock & identifiers
- Ticker
- LWLG
- Exchange
- Nasdaq
- IPO date
- May 16, 2006
- Shares outstanding
- 154M, Aug 14, 2026
- Public float
- $155.27M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1325964
- CUSIP
- 532275104
- ISIN
- US5322751042
- EIN
- 82-0497368
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Maitre Yves Le | CEO, Director | 1,900,203 |
| James S. Marcelli | CFO, COO, Director | 868,293 |
| Fred Graffam | Chief Financial Officer | 396,694 |
| Snizhana P. Quan | Principal Financial Officer | 58,080 |
| Thomas Edward Zelibor | President | 457,854 |
| Thomas M. Connelly Jr | Director | 90,744 |
| Siraj Nour El-Ahmadi | Director | 110,780 |
| Craig Ciesla | Director | 132,436 |
| Ronald A. Bucchi | Director | 211,491 |
| Laila Partridge | Director | 94,335 |
| Frederick J. Leonberger | Director | 296,369 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michael Lebby | $0 | $0 | $689.61K | $75 | – |
| FY2025 Yves Le Maitre | $8.61M | $8.53M | $689.61K | $75 | – |
| FY2024 Michael Lebby | $832.10K | $806.19K | $550.70K | $49 | – |
| FY2024 Yves Le Maitre | $626.87K | $508.60K | $550.70K | $49 | – |
| FY2023 Dr. Michael S. Lebby | $1.35M | $1.45M | $1.11M | $116 | – |
| FY2023 Michael Lebby | $1.35M | $1.45M | $1.11M | $116 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“we employed 34 full-time employees (FTEs), excluding two employees that retired on December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 4, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 27, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 15, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 30, 2012 | Late filing | Notification of late filing |
| Mar 31, 2010 | Late filing | Notification of late filing |
| Mar 30, 2009 | Late filing | Notification of late filing |
| May 14, 2008 | Late filing | Notification of late filing |
| Mar 31, 2008 | Late filing | Notification of late filing |
| Feb 19, 2008 | Name change | Name changed from THIRD-ORDER NANOTECHNOLOGIES INC to Lightwave Logic, Inc. |
| Feb 12, 2007 | Name change | Name changed from THIRD-ORDER NANOTECHNOLOIES INC to THIRD-ORDER NANOTECHNOLOGIES INC |
| Sep 8, 2006 | Name change | Name changed from PSI TEC HOLDINGS INC to THIRD-ORDER NANOTECHNOLOIES INC |