LIGHTPATH TECHNOLOGIES INC
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
View on SEC.govAbout 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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss)
Condensed Consolidated Statements of Comprehensive Income (Loss)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| December 31, | December 31, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenue, net | $16,351,652 | $7,424,829 | $31,409,933 | $15,825,210 |
| Cost of sales | 10,331,322 | 5,493,998 | 20,907,031 | 11,049,950 |
| Gross profit | 6,020,330 | 1,930,831 | 10,502,902 | 4,775,260 |
| Operating expenses: | ||||
| Selling, general and administrative | 5,859,461 | 3,356,063 | 10,243,331 | 6,626,646 |
| New product development | 748,829 | 764,396 | 1,616,257 | 1,240,837 |
| Amortization of intangible assets | 450,526 | 294,711 | 901,050 | 690,487 |
| Change in fair value of acquisition liabilities | 7,559,000 | — | 8,841,529 | — |
| Loss on disposal of property and equipment | 17 | — | 4,016 | 78,437 |
| Total operating expenses | 14,617,833 | 4,415,170 | 21,606,183 | 8,636,407 |
| Operating loss | (8,597,503) | (2,484,339) | (11,103,281) | (3,861,147) |
| Other expense: | ||||
| Interest expense, net | (285,023) | (169,053) | (553,876) | (318,413) |
| Loss in extinguishment of debt | (506,280) | — | (506,280) | — |
| Other expense (income), net | 13,953 | 85,920 | (23,148) | 4,979 |
| Total other expense | (777,350) | (83,133) | (1,083,304) | (313,434) |
| Loss before income taxes | (9,374,853) | (2,567,472) | (12,186,585) | (4,174,581) |
| Income tax provision | 30,556 | 44,525 | 111,826 | 60,161 |
| Net loss | $(9,405,409) | $(2,611,997) | $(12,298,411) | $(4,234,742) |
| Foreign currency translation adjustment | 212,859 | (451,035) | 305,242 | (179,441) |
| Comprehensive loss | $(9,192,550) | $(3,063,032) | $(11,993,169) | $(4,414,183) |
| Loss per common share (basic) | $(0.20) | $(0.07) | $(0.27) | $(0.11) |
| Number of shares used in per share calculation (basic) | 46,998,804 | 39,728,933 | 45,143,367 | 39,645,206 |
| Loss per common share (diluted) | $(0.20) | $(0.07) | $(0.27) | $(0.11) |
| Number of shares used in per share calculation (diluted) | 46,998,804 | 39,728,933 | 45,143,367 | 39,645,206 |
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