Lightwave Logic shifts mass production start date to 2028
LWLG Lightwave Logic Inc
$4.39 -10.59%
View chart & analysis → - 1Lightwave Logic achieved system-level technology verification through a demonstration with Foxconn.
- 2Lightwave Logic recorded a net loss of approximately $7.2 million in the third quarter of 2026.
- 3As of September 30, 2026, Lightwave Logic holds $87.8 million in cash, cash equivalents, and securities.
So what's the key point?
Lightwave Logic completed technology verification with Foxconn, but the timing for mass production has changed to 2028. The company is preparing its technology with $87.8 million in cash on hand.
Source The Motley Fool +1 · View original ↗
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