LightPath Technologies, Inc. filings document operating results, material events, governance votes, acquisitions, and capital-structure disclosures for an optics and imaging systems manufacturer. Form 8-K reports include quarterly financial results, Regulation FD investor presentations, annual meeting voting results, and material agreement disclosures.
The filing record also documents completed acquisition activity, including pro forma financial information for G5 Infrared, and disclosures involving Class A common stock, Series G preferred stock, acquisition earnout liabilities, infrared cameras, assemblies, BlackDiamond optical solutions, and manufacturing capacity.
LightPath Technologies is seeking votes at its virtual December 9, 2026 annual meeting on three matters: election of Kim Crider and Shmuel Rubin as Class III directors, an advisory vote on named executive officer compensation, and ratification of BDO USA, P.C. as its independent registered public accounting firm for the fiscal year ending June 30, 2027. The Board recommends FOR each proposal.
For fiscal 2026, reported total compensation was $15,824,493 for CEO Shmuel Rubin and $2,914,869 for CFO Albert Miranda; the totals include grant-date values for stock and option awards. Revenue was approximately $71.7 million and adjusted EBITDA approximately $4.2 million, both above their targets. The executives earned 100% of their fiscal 2026 short-term incentive awards, paid in cash in August 2026. The Board also approved performance options to purchase up to 2,550,000 shares for Rubin and 425,000 shares for Miranda at an exercise price of $10.53 per share; the substantial majority vest only upon achievement of significantly higher levels of both revenue and adjusted EBITDA.
LightPath Technologies (LPTH) CFO Albert Miranda was granted 75,000 restricted stock units on March 23, 2026. Each unit represents a contingent right to receive one share of Class A common stock. The units vest equally over three years, with the first vesting on March 23, 2027.
LightPath Technologies Inc. (LPTH) reported a direct award of 375,000 restricted stock units to President & CEO Shmuel Rubin on March 23, 2026. Each unit represents a contingent right to receive one share of Class A common stock, and the units vest equally over three years, with the first vesting on March 23, 2027. The multi-year program also includes performance-based options tied to revenue and adjusted EBITDA targets that had not been achieved.
LightPath Technologies Inc. (LPTH) reported an equity offering under the Rule 506(b) exemption, with $10,800 USD sold and $0 USD remaining to be sold.
LIGHTPATH TECHNOLOGIES INC (symbol: LPTH) is the issuer of record for a Form 4 filing submitted to the SEC. Miranda Albert reported acquisition or exercise transactions in this Form 4 filing.
LightPath Technologies Inc. CFO Miranda Albert received an award of 17,091 restricted stock units on August 18, 2026. Each unit represents a contingent right to receive one share of Class A common stock. The units vest equally over three years, with the first vesting on August 18, 2027. Her reported direct position after the award was 17,091 restricted stock units. No Rule 10b5-1 plan is reported.
LIGHTPATH TECHNOLOGIES INC (symbol: LPTH) is the issuer of record for a Form 4 filing submitted to the SEC. Rubin Shmuel reported acquisition or exercise transactions in this Form 4 filing.
LIGHTPATH TECHNOLOGIES INC (LPTH) reported that President & CEO Rubin Shmuel received an award of 39,381 restricted stock units on August 18, 2026. Each unit represents a contingent right to receive one share of Class A common stock. The units vest equally over three years, with the first vesting on August 18, 2027. No Rule 10b5-1 plan is reported.
LightPath Technologies (LPTH) reports a transformative fiscal 2026: revenue rose to $71.7 million, up 93% year over year, driven by infrared components and especially assemblies and modules, including contributions from the G5 Infrared and AML acquisitions. Total backlog reached $110.9 million, with $85.6 million requested for delivery within one year, reflecting strong demand from defense, security, and a large global technology customer for advanced infrared camera systems.
Despite this growth, LightPath recorded a net loss of $20.5 million (loss per share $0.38), wider than the prior year, mainly due to higher non-cash fair value adjustments on acquisition liabilities and increased SG&A and development spending. Liquidity improved markedly, with $93.2 million in cash and $103.7 million of working capital, supported by $120.2 million in net equity proceeds from December 2025 and June 2026 offerings. The company is divesting its Chinese subsidiary LPOIZ while deepening its U.S. and European infrared focus, advancing its strategy from components to higher-value assemblies, cameras, and systems built around its proprietary BlackDiamond infrared materials.
LIGHTPATH TECHNOLOGIES INC (LPTH) reported strong fiscal 2026 growth while remaining unprofitable. Revenue rose 92.7% to $71.7 million, with fourth-quarter revenue up 73.8% to $21.2 million. Mix shifted toward higher-margin assemblies and modules, lifting fiscal 2026 gross margin to 36.0% from 27.2%.
The company posted a fiscal 2026 net loss of $20.5 million, or $0.38 per share, wider than the prior year, largely due to a $15.6 million non-cash increase in acquisition earnout liabilities and higher SG&A and R&D spending. Adjusted EBITDA improved to $4.2 million (6% margin) from a loss of $5.1 million, marking four consecutive positive quarters.
LightPath ended fiscal 2026 with a record order backlog of $110.9 million, up 197% from $37.4 million, with about $85.6 million expected to ship within 12 months. A $50 million primary equity offering in June 2026 helped lift cash and equivalents to $93.2 million, supporting capacity expansion and strategic initiatives despite negative operating cash flow.
Hood River Capital Management LLC reports beneficial ownership of 3,562,140 shares of LightPath Technologies Inc. common stock, representing 5.37% of the class as of June 30, 2026. Hood River has sole dispositive power over these shares but reports no voting power, either sole or shared.
Vanguard Capital Management reports beneficial ownership of 3,095,887 shares of LightPath Technologies Inc. common stock on Schedule 13G/A. This represents 4.66% of the class as of June 30, 2026, indicating ownership of 5 percent or less of the company’s outstanding common shares.
Vanguard has sole voting power over 377,933 shares and sole dispositive power over all 3,095,887 shares, with no shared voting or dispositive power. The position aggregates holdings of various Vanguard-affiliated entities and Vanguard-managed funds and accounts, none of which individually holds more than 5% of the class.