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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow-13.75 M USD-15.55 M USD-12.24 M USD-10.47 M USD-10.04 M USD-4.87 M USD-4.77 M USD-4.40 M USD-4.41 M USD-3.15 M USD-3.44 M USD-3.14 M USD
Depreciation & Amortization1.90 M USD1.68 M USD1.12 M USD1.05 M USD878520 USD784419 USD698694 USD465795 USD325946 USD195610 USD179907 USD151183 USD
Stock-Based Compensation5.81 M USD1.02 M USD539414 USD600727 USD387688 USD794738 USD436228 USD1.34 M USD824726 USD
Capital Expenditures1.33 M USD2.27 M USD3.29 M USD1.31 M USD1.10 M USD158061 USD223475 USD1.04 M USD183789 USD129163 USD279903 USD213189 USD
Cash Flow from Investing-1.82 M USD-2.70 M USD-2.96 M USD-2.21 M USD-1.12 M USD-217984 USD-305670 USD-1.43 M USD-265532 USD-173759 USD-309480 USD-294539 USD
Cash Flow from Financing56.92 M USD14.48 M USD22.52 M USD13.35 M USD31.28 M USD6.16 M USD5.13 M USD4.53 M USD6.20 M USD1.55 M USD4.32 M USD4.33 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-15.08 M USD-17.82 M USD-15.53 M USD-11.77 M USD-11.14 M USD-5.03 M USD-4.99 M USD-5.44 M USD-4.59 M USD-3.28 M USD-3.72 M USD-3.35 M USD

Lightwave Logic Inc. is a technology platform company that develops next-generation electro-optic polymers designed to enhance internet infrastructure efficiency. The company's proprietary polymers enable the conversion of data from electrical signals to optical signals, allowing higher data transmission speeds and lower power consumption compared to existing solutions. Lightwave Logic manufactures electro-optic modulators and polymer photonic integrated circuits that serve the fiber-optic communications, telecommunications, and optical computing markets. The company targets the datacom and telecommunications hardware supply chain, focusing on components for data centers and generative artificial intelligence infrastructure. Operating from its Englewood, Colorado headquarters, Lightwave Logic maintains in-house capabilities for materials synthesis, device design, wafer fabrication, and testing. The company has established non-disclosure agreements with tier-one and tier-two potential strategic partners evaluating its technology, and recently announced development agreements with semiconductor manufacturers to integrate its polymers into silicon photonics platforms. Founded in 1997, Lightwave Logic holds a substantial patent portfolio protecting its innovative electro-optic polymer technology.