• Lightwave Logic released transcript of its Q1 2026 financial results and business update call, attended by CEO and President Yves LeMaitre, Investor Relations head Ryan Coleman, and operator.
• Revenue was USD 29,000, up 27% year over year; net loss widened to USD 6.3 million, or USD 0.04 per share; cash and equivalents were about USD 75 million at quarter end, rising to about USD 100 million as of May 11 after use of shelf put in place in August 2024.
• Management lifted its 2028 AI and datacenter optical transceiver TAM estimate to about USD 47 billion from about USD 17 billion; serviceable addressable market estimate increased to about USD 2 billion-USD 4 billion from about USD 1 billion-USD 2.5 billion.
• Four Fortune 500 or Fortune Global 500 customers were at Stage 3 prototyping in the design-win pipeline; management expected one or two additional Tier 1 customers to reach Stage 3 before end of Q3 2026.
• Foundry capacity constraints in silicon photonics were extending tape-out and fabrication cycles; management expected multiple devices from foundry partners in Q3-Q4 2026, cited negotiations on a material supply and licensing agreement aimed at high-volume production in 2027, and said it is commissioning a new Perkinamine production line in Denver with no redundant manufacturing source yet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightwave Logic Inc. published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.