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LIGHTWAVELOGIC ™ Lightwave Logic Provides Second Quarter 2021 Corporate Update Technology Advances Towards End - Goal of Mass - Market Commercialization ENGLEWOOD , Colo . , Aug. 17 , 2021 / PRNewswire / -- Lightwave Logic , Inc. ( OTCQX : LWLG ) , a technology platform company leveraging its proprietary electro - optic polymers to transmit data at higher speeds with less power , today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10 - Q for the second quarter ended June 30 , 2021 . LIGHTWAVELOGIC TM Second Quarter 2021 and Subsequent Company Highlights : • On June 30 , 2021 , the Company's cash and cash equivalents totaled $ 13.9 million , assets totaled $ 18.0 million , liabilities totaled $ 1.0 million and stockholders ' equity was $ 17.0 million . • The Company's current cash position enables it to finance operations through November 2022. On July 2 , 2021 , the Company filed a $ 100,000,000 universal shelf registration statement with the U.S. Securities and Exchange Commission which became effective on July 9 , 2021 . • Developed breakthrough improved thermal design properties for electro - optic polymers used in its Polymer Plus ™ and Polymer Slot ™ modulators , enabling the speed , flexibility and stability needed for high - volume silicon foundry processes . • Announced test results from new modulators fabricated in 2021 , which exceeded bandwidth design targets and achieved triple the data rate as compared to competing devices in use today . • Fortified intellectual property portfolio , growing to over 70 domestic and international patents and patent applications in advance of future commercialization initiatives , including : . Receipt of a patent on a new invention that enables enhanced optical routing architectures for polymer - based integrated photonics that can be scaled with partner foundries . • Receipt of a patent on a breakthrough new device design that enables mass - volume manufacturing when designed into advanced integrated photonic platforms . • Receipt of a patent on protective polymer layers in modulators for design into integrated photonics platforms , improving reliability and performance while best positioning them for standardized mass - market manufacturing process . • Added to the Solactive EPIC Core Photonics EUR Index NTR as part of the index's semi - annual additions , one of the most widely cited performance benchmarks for photonics companies . • Presented at multiple industry specific and investor - related conferences including LD Micro Invitational XI , the Oppenheimer 6th Annual Emerging Growth Conference and various EPIC Online Technology Meetings . The Company is scheduled to attend the 2021 European Conference on Optical Communications in September as well . The full text of the Company's Quarterly Report on Form 10 - Q for the second quarter ended June 30 , 2021 was filed with the SEC on August 16 , 2021 can be found here .