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Replies to post #146057 on Lightwave Logic Inc (LWLG)
tedpeele
06/23/23 11:20 AM
#146060 RE: tedpeele #146057
Typical turnaround times for wafer production can be 4-9 months, so if the licensee just ordered a batch of wafers and the polymer won’t be needed for a few months, then we may not see the follow on revenue for a bit. On the other hand, if the license agreement was signed around the time of wafer delivery and a bunch of polymer is going to be used and then devices sold…maybe Q3 shows the first bit of revenue. In either case, there will be a ramp period where it starts small and slow and then as these devices are accepted into the marketplace it ramps to higher volume.