Lightwave Logic Inc (LWLG)

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2023 Q2 FORM 10-Q is imminent (Tues/Wed?)

2022 Q2 FORM 10-Q
Aug. 9, 2022

Business Strategy

Our business strategy anticipates that our revenue stream will be derived from one or some combination of the following: (i) technology licensing for specific product application; (ii) joint venture relationships with significant industry leaders; and (iii) the production and direct sale of our own electro-optic device components. Our objective is to be a leading provider of proprietary technology and know-how in the electro-optic device market.
In order to meet this objective, we intend to:

· Further the development of proprietary organic electro-optic polymer material systems
· Develop photonic devices based on our P2ICTM technology
· Continue to develop proprietary intellectual property
· Grow our commercial device development capabilities
· Partner with silicon-based foundries who can scale volume quickly
· Grow our product reliability and quality assurance capabilities
· Grow our optoelectronic packaging and testing capabilities
· Grow our commercial material manufacturing capabilities
· Maintain/develop strategic relationships with major telecommunications and data communications companies to further the awareness and commercialization of our technology platform
· Continue to add high-level personnel with industrial and manufacturing experience in key areas of our materials
and device development programs.

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Our Long-Term Device Development Goal - Multichannel Polymer Photonic Integrated Circuit (P2ICTM)

Our P2ICTM platform is positioned to address markets with aggregated data rates of 100 Gbaud, 400 Gbaud, 800 Gbaud and beyond. Our P2ICTM platform will contain a number of photonic devices that may include, over and above polymer-based modulators, photonic devices such as lasers, multiplexers, demultiplexers, detectors, fiber couplers.

While our polymer-based ridge waveguide and slot modulators are currently under development to be commercially viable products, our long-term device development goal is to produce a platform for the 400 Gbps, 800 Gbps, and beyond fiber optic transceiver market. This has been stated in our photonics product roadmap that is publicly available on our website. The roadmap shows a progression in speed from 50 Gbaud based ridge waveguide modulators to 100 Gbaud based ridge waveguide modulators.

The roadmap shows a progression in integration in which the modulators are arrayed to create a flexible, multichannel P2ICTM platform that spans 100 Gbps, 400 Gbps, 800 Gbps, and a scaling philosophy that will grow to 1.6 Tbps aggregated data-rate markets.