Lightwave Logic, Inc. (LWLG)

4.1100 +0.1500 (+3.79%) At close: 04:00PM EDT

Lightwave Logic, Inc.

369 Inverness Parkway
Suite 350
Englewood, CO 80112
United States
720 340 4949
https://lightwavelogic.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full Time Employees: 33

Key Executives

Name	Title	Pay	Exercised	Year Born
Dr. Michael S. Lebby Ph.D.	Chairman & CEO	497.9k	N/A	1962
Mr. James S. Marcelli	President, COO, Principal Financial Officer, Secretary & Director	429.5k	360k	1948
Mr. David Fielder Eaton	Senior Technology Advisor	56k	N/A	1947

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lightwave Logic, Inc. focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, foundries, packaging and assembly manufacturers, etc.; and semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies and defense entities. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Corporate Governance

Lightwave Logic, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 9. The pillar scores are Audit: 7; Board: 8; Shareholder Rights: 5; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.