LWLG · Lightwave Logic, Inc.
$6.08
-0.03 (-0.41%)
At close · Aug 21
View the 10-Q filed May 15, 2026
Customer concentration
— top customer 10% of revenue
One customer — 10% of revenue (three months ended March 31, 2026)
“for three months ended March 31, 2026 and 2025, one customer accounted for 10% or more of total revenue. The related revenue was attributable to the Company’s single reportable segment.”
Market Cap
$962.00M
Shares
154.17M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $832,095 |
| James S. Marcelli | President; CFO;COO; Sec., Director | $814,509 |
| Yves Le Maitre | CEO | $626,873 |
| Thomas Zelibor | President | $286,895 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $1,346,381 |
| James S. Marcelli | President; CFO;COO; Sec., Director | $1,108,385 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $1,459,996 |
| James S. Marcelli | President; COO; Sec., Director | $1,216,991 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $3,073,321 |
| James S. Marcelli | President; COO; Sec., Director | $3,034,845 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Chair of the Board | $323,452 |
| James S. Marcelli | President; COO; Sec., Director | $306,867 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $315,601 |
| James S. Marcelli | President; COO; Sec., Director | $299,383 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Dr. Michael S. Lebby | CEO; Director | $306,288 |
| James S. Marcelli | President; COO; Sec., Director | $252,355 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Fred A. Graffam III | Chief Financial Officer | Appointed | 2026-07-20 |
| James S. Marcelli | Chief Operating Officer | Retired | 2026-01-08 |
| James S. Marcelli | director | Retired | 2026-01-08 |
| James S. Marcelli | Chief Financial Officer | Retired | 2026-01-08 |
| Snizhana "Ana" Quan | Principal Accounting Officer | Appointed | 2026-01-08 |
| Snizhana "Ana" Quan | Principal Financial Officer | Appointed | 2026-01-08 |
| Yves LeMaitre | President | Appointed | 2025-12-08 |
| Tom Zelibor | President | Retired | 2025-12-08 |
| James S. Marcelli | member of the Board of Directors | Retired | 2025-09-16 |
| Fred Leonberger | member of the Board of Directors | Retired | 2025-01-02 |
| Thomas Zelibor | President | Appointed | 2024-12-13 |
| Yves LeMaitre | Chief Executive Officer | Appointed | 2024-12-13 |
| Thomas M. Connelly, Jr. | Class III director | Appointed | 2024-09-09 |
| Yves Le Maitre | Class I member of the Board | Appointed | 2024-07-22 |
| Laila Partridge | Class III member of the Board | Appointed | 2023-07-19 |
| James S. Marcelli | Director | Appointed | 2023-05-30 |
| Dr. Michael Lebby | Chair of the Board | Appointed | 2022-08-30 |
| Thomas E. Zelibor | Chair of the Board | Resigned | 2022-08-30 |
| Dr. Craig Ciesla | member of the Board | Appointed | 2022-01-18 |
| Dr. Joseph A. Miller | director | Resigned | 2022-01-18 |
Key facts
CIK
1325964
CUSIP
532275104
13F (30d)
166 filings
164 filers
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