LIGHTPATH TECHNOLOGIES INC

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

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.

Sep 30, 2024 · Filed Nov 7, 2024

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

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Contents

Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss)

LIGHTPATH TECHNOLOGIES, INC.
Condensed Consolidated Statements of Comprehensive Income (Loss)
(unaudited)
	Three Months Ended
	September 30,
	2024	2023
Revenue, net	$8,400,381	$8,077,248
Cost of sales	5,555,952	5,745,542
Gross profit	2,844,429	2,331,706
Operating expenses:
Selling, general and administrative	3,270,583	2,661,168
New product development	476,441	639,889
Amortization of intangible assets	395,776	281,271
Loss on disposal of property and equipment	78,437	—
Total operating expenses	4,221,237	3,582,328
Operating loss	(1,376,808)	(1,250,622)
Other income (expense):
Interest expense, net	(149,360)	(57,611)
Other income (expense), net	(80,941)	5,403
Total other expense, net	(230,301)	(52,208)
Loss before income taxes	(1,607,109)	(1,302,830)
Income tax provision	15,636	39,546
Net loss	$(1,622,745)	$(1,342,376)
Foreign currency translation adjustment	271,594	(125,208)
Comprehensive loss	$(1,351,151)	$(1,467,584)
Loss per common share (basic)	$(0.04)	$(0.04)
Number of shares used in per share calculation (basic)	39,561,480	37,431,748
Loss per common share (diluted)	$(0.04)	$(0.04)
Number of shares used in per share calculation (diluted)	39,561,480	37,431,748
The accompanying notes are an integral part of these condensed consolidated financial statements.

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