Lightwave Logic Q3 2026 net loss widens 41% to $7.2 million
LWLG•Lightwave Logic’s third-quarter net loss widened 41% year over year to $7.2 million, while revenue rose 29% to $38,000. The company said volume production is now expected to begin in 2028.
1. Quarterly results and outlook
Lightwave Logic reported a third-quarter net loss of $7.2 million, up 41% year over year, while revenue rose 29% to $38,000. Research and development investment climbed 49% to $4.3 million. Cash, cash equivalents and marketable securities totaled $87.8 million, up 27% from December 31, 2025.
2. Customer programs
Five customer programs reached the prototype-to-final-product stage, including Foxconn and Marvell. Volume production is now expected to begin in 2028, reflecting remaining qualification and commercialization requirements.
