LIGHTPATH TECHNOLOGIES INC

For the period ended Dec 31, 2025. Filed Feb 11, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2025 · Filed Feb 11, 2026

LPTH$7.99-0.2%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets

	December 31,	June 30,
	2025	2025
Assets
Current assets:
Cash and cash equivalents	$73,572,471	$4,877,036
Trade accounts receivable, net of allowance of $34,766 and $24,495	8,583,487	9,455,310
Inventories, net	13,491,419	12,858,838
Prepaid expenses and deposits	1,330,172	1,142,661
Other current assets	23,192	40,150
Total current assets	97,000,741	28,373,995
Property and equipment, net	15,176,577	15,864,061
Operating lease right-of-use assets	7,430,787	7,429,378
Intangible assets, net	15,086,873	15,987,923
Goodwill	13,753,921	13,753,921
Deferred tax assets, net	22,240	22,571
Other assets	87,369	73,917
Total assets	$148,558,508	$81,505,766
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$5,978,713	$7,421,430
Accrued liabilities	14,262,568	5,686,396
Accrued payroll and benefits	2,497,228	2,359,152
Operating lease liabilities, current	1,349,820	1,254,062
Loans payable, current portion	115,774	172,567
Finance lease obligation, current portion	216,191	206,518
Total current liabilities	24,420,294	17,100,125
Deferred tax liabilities, net	86,274	152,760
Accrued liabilities, noncurrent	3,300,000	823,000
Finance lease obligation, less current portion	346,400	421,363
Operating lease liabilities, noncurrent	8,102,873	8,326,250
Loans payable, less current portion	135,069	4,804,990
Total liabilities	36,390,910	31,628,488
Commitments and Contingencies
Series G Convertible Preferred Stock; $0.01 par value; 44,000 shares authorized; 24,956 shares issued and outstanding	$34,232,510	$34,232,510
Stockholders’ equity:
Preferred stock: Series D, $0.01 par value, voting; 500,000 shares authorized; none issued and outstanding	—	—
Common stock: Class A, $0.01 par value, voting; 94,500,000 shares authorized; 54,442,677 and 42,949,307 shares issued and outstanding	544,427	429,493
Additional paid-in capital	319,121,901	244,953,346
Accumulated other comprehensive income	1,283,928	978,686
Accumulated deficit	(243,015,168)	(230,716,757)
Total stockholders’ equity	77,935,088	15,644,768
Total liabilities, convertible preferred stock and stockholders’ equity	$148,558,508	$81,505,766

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.