LIGHTPATH TECHNOLOGIES INC

For the period ended Sep 30, 2025. Filed Nov 12, 2025.

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, 2025 · Filed Nov 12, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets
(unaudited)
	September 30,	June 30,
Assets	2025	2025
Current assets:
Cash and cash equivalents	$11,507,418	$4,877,036
Trade accounts receivable, net of allowance of $30,005 and $24,495	9,594,379	9,455,310
Inventories, net	12,862,173	12,858,838
Prepaid expenses and deposits	1,178,776	1,142,661
Other current assets	12,350	40,150
Total current assets	35,155,096	28,373,995
Property and equipment, net	15,016,029	15,864,061
Operating lease right-of-use assets	7,688,839	7,429,378
Intangible assets, net	15,537,398	15,987,923
Goodwill	13,753,921	13,753,921
Deferred tax assets, net	22,241	22,571
Other assets	86,726	73,917
Total assets	$87,260,250	$81,505,766
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$5,499,734	$7,421,430
Accrued liabilities	8,225,366	5,686,396
Accrued payroll and benefits	2,343,821	2,359,152
Operating lease liabilities, current	1,338,632	1,254,062
Loans payable, current portion	144,143	172,567
Finance lease obligation, current portion	202,328	206,518
Total current liabilities	17,754,024	17,100,125
Deferred tax liabilities, net	152,985	152,760
Accrued liabilities, noncurrent	4,500	823,000
Finance lease obligation, less current portion	370,422	421,363
Operating lease liabilities, noncurrent	8,440,693	8,326,250
Loans payable, less current portion	4,867,298	4,804,990
Total liabilities	31,589,922	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;
44,670,213 and 42,949,307 shares issued and outstanding	446,702	429,493
Additional paid-in capital	253,529,806	244,953,346
Accumulated other comprehensive income	1,071,069	978,686
Accumulated deficit	(233,609,759)	(230,716,757)
Total stockholders’ equity	21,437,818	15,644,768
Total liabilities, convertible preferred stock and stockholders’ equity	$87,260,250	$81,505,766

LIGHTPATH TECHNOLOGIES, INC.

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.