Lightwave Logic Inc (LWLG)

[Lewrock]

Should the expected licensing and technology transfer agreements be completed in the 2nd quarter, in what quarter would LWLG book their first revenue from product sales?

Given the comments about strong end user pull, I am going to estimate 30 days to receive orders. Then the foundry has to schedule the production cycle and produce the wafers of modulators. I am going to estimate 120 days for foundry production. Then the modulators need to be tested and sent to the packaging partners for assembly into the transceivers. I am going to estimate 60 days for this final step. All together, my estimate comes to 6 months from the date of the agreement to shipment of transceivers. I don’t know what standard payment terms are in the industry so I’ll just use 30 days. In conclusion, my back of the envelope calculations result in sales revenue starting in December 2023.

Those who believe there will never be any revenue, need not reply.