NLIGHT INC
For the period ended Jun 10, 2025. Filed Apr 25, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 10, 2025 · Filed Apr 25, 2025
LASR$38.02+29.6%Stored close · as of Nov 6, 2026
Contents
APPENDIX A
| APPENDIX A | |
|---|---|
| Reconciliation of GAAP and Adjusted (Non-GAAP) Financial Measures | |
| In this Proxy Statement we have presented financial measures that were used in determining the performance cash incentive compensation of executive officers which have not been determined in accordance with generally accepted accounting principles (GAAP), and are therefore non-GAAP financial measures. We believe that the measure of adjusted EBITDA used for cash incentive awards is well aligned with how investors assess our operating performance and therefore represents an appropriate basis in implementing our pay-for-performance approach. Below is a reconciliation of the non-GAAP financial measure used in the calculation of cash incentive compensation to the measures we have reported in accordance with GAAP. Because our calculation of non-GAAP financial measures may differ from similar measures used by other companies, inventors should be careful when comparing our non-GAAP financial measures to those of other companies. | |
| GAAP net loss | $(60,792) |
| Stock-based compensation | 24,961 |
| Depreciation and amortization | 17,596 |
| Income tax expense (benefit) | (76) |
| Restructuring charges | 4,291 |
| Other(1) | (3,135) |
| Adjusted EBITDA | $(17,155) |
(1) "Other" comprises interest income, foreign currency gains and losses, bonus expense, and the effect of non-ordinary course events determined by the Compensation Committee to be not within the annual operating plan used to set applicable performance targets under the cash bonus plan.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.