Every 10-Q that Lightpath Technologies Inc (LPTH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LPTH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LPTH filings page.
LightPath Technologies’ quarter ended March 31, 2026 showed rapid growth but continued losses. Revenue reached $19.1 million, up from $9.2 million a year earlier, and nine‑month revenue rose to $50.6 million from $25.0 million, driven by infrared and assemblies businesses.
The company reported a quarterly net loss of $4.1 million and a nine‑month loss of $16.4 million, affected by higher operating expenses and a $12.2 million non‑cash charge from remeasuring acquisition earnout liabilities. Despite losses, cash and cash equivalents jumped to $55.2 million, helped by a $65.2 million public equity raise and additional private equity.
LightPath completed the Amorphous Materials asset acquisition for preliminary consideration of about $9.2 million, including up to $3.0 million in contingent stock payments. It also continues integrating G5 Infrared, where total consideration is about $27.1 million plus up to $23.0 million in earnouts, with the first earnout already paid in cash and stock.
LightPath Technologies reported sharply higher sales but wider losses for the quarter ended December 31, 2025. Quarterly revenue rose to $16.4 million from $7.4 million a year earlier, driven by strong growth in infrared components and assemblies and modules, including contributions from the G5 Infrared acquisition.
The company posted a net loss of $9.4 million, compared with a $2.6 million loss in the prior-year quarter, largely due to higher operating expenses and an $7.6 million non‑cash charge from the increased fair value of acquisition‑related earnout liabilities. For the first six months, revenue reached $31.4 million and net loss was $12.3 million.
Liquidity improved significantly. Cash and cash equivalents increased to $73.6 million at December 31, 2025, from $4.9 million at June 30, 2025, mainly from equity financings, including a December underwritten public offering of 8,912,500 Class A shares at $7.75 per share, generating net proceeds of $65.3 million, and a prior private placement. The G5 Infrared deal had total fair value consideration of about $27.1 million, and the related earnout liability was remeasured to $13.8 million.
After quarter‑end, LightPath agreed to acquire substantially all assets of Amorphous Materials Inc. for up to $10.0 million, including $7.0 million in cash at closing and up to $3.0 million in stock‑settled contingent consideration tied to performance milestones. This transaction, which closed in January 2026, expands its chalcogenide glass capabilities.
LightPath Technologies (LPTH) reported its Q1 FY2026 results for the quarter ended September 30, 2025. Revenue rose to $15,058,281 from $8,400,381 a year ago, driven by growth in infrared components and assemblies and modules. Gross profit was $4,482,572.
The company posted an operating loss of $2,505,778 and a net loss of $2,893,002 (basic and diluted EPS $(0.07)), compared with a net loss of $1,622,745 in the prior-year quarter. Operating expenses increased to $6,988,350, including a $1,282,529 non‑cash increase from the change in fair value of acquisition liabilities related to the G5 Infrared earnout.
Liquidity improved: cash and cash equivalents were $11,507,418 versus $4,877,036 at June 30, 2025, aided by a $7,894,045 private equity placement. Deferred revenue was $1.0 million. By product group, revenue was $4,257,955 infrared components, $3,838,306 visible components, $5,859,498 assemblies and modules, and $1,102,522 engineering services.