Welcome to our dedicated page for LIGHTPATH TECHNOLOGIES SEC filings (Ticker: LPTH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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’ major shareholder updates ownership and recent trades. North Run Strategic Opportunities Fund I, LP and affiliated entities report beneficial ownership of 10,994,225 shares of LightPath Class A common stock, representing about 16.2% of shares outstanding as of March 4, 2026.
This stake includes 3,020,527 common shares and 7,973,698 additional shares issuable from 15,762.6 shares of Series G Convertible Preferred Stock, which are currently exercisable. The percentage is calculated using 59,708,603 shares outstanding, a figure that reflects new common shares issued upon recent preferred conversions.
The filing details active trading: a January 5, 2026 cashless exercise of 3,499,289 warrants for 2,728,968 shares, multiple conversions of Series G Preferred at a $2.15 conversion price, and a series of open-market sales in late February and early March 2026 at weighted average prices generally around $12 to $13 per share.
North Run Strategic Opportunities Fund I, LP, a director and 10% owner of LightPath Technologies, reported multiple transactions in Class A common stock and Series G convertible preferred stock. On March 2, the fund converted 1,591 shares of Series G preferred into 740,000 Class A common shares at a stated conversion price of $2.15 per share, bringing its indirect Class A common holdings to 3,695,522 shares.
That same day, the fund executed an open-market sale of 238,991 Class A shares at a weighted average price of about $12.03 per share, reducing holdings to 3,456,531 shares. On March 3, it sold an additional 381,004 shares at a weighted average price of about $12.18, leaving 3,075,527 shares. On March 4, it sold a further 55,000 shares at a weighted average price of about $12.09, ending with 3,020,527 indirectly held shares. The securities are directly held by North Run Strategic Opportunities Fund I, LP and may be deemed indirectly beneficially owned by its general partner and certain members.
Glen Eagle Wealth LLC filed a Form 144 to sell 2,000,000 shares of Class A Common Stock for an aggregate $23,960,000.
The filing lists these shares as issued upon the 02/18/2025 conversion of Series G Convertible Preferred Stock and references Nasdaq trading as of 03/04/2026. The excerpt also shows multiple recent sales by North Run Strategic Opportunities Fund I, LP with dated transactions and specific share counts in February–March 2026.
LightPath Technologies, Inc. filed a current report describing its February 2026 investor day. On February 25, 2026, company management met with investors, analysts, and other financial community members both in-person and virtually to discuss its business using an investor presentation.
The presentation, which includes forward-looking information, is furnished as Exhibit 99.1 and is available in the Investors section of the company’s website. The material is furnished under Regulation FD, meaning it is not deemed filed for liability purposes or automatically incorporated into other securities filings.
LightPath Technologies director and 10% owner North Run Strategic Opportunities Fund I, LP reported an open-market sale of 300,092 shares of Class A Common Stock on February 25, 2026 at a weighted average price of $12.18 per share.
According to the filing, individual sale prices ranged from $12.0076 to $12.3617. After this transaction, North Run Strategic Opportunities Fund I, LP reports owning 2,955,522 shares, which may also be deemed beneficially owned by its general partner entity and two associated members.
LIGHTPATH TECHNOLOGIES INC insider reporting entities associated with North Run Strategic Opportunities Fund I, LP reported both a preferred stock conversion and common share sales. On February 20, 2026, the fund converted Series G convertible preferred stock into 1,260,000 Class A Common Stock shares at a stated price of $2.15 per share. The same day, it sold 218,811 Class A shares at a weighted average price of $13.18 and 376,762 shares at $12.15 in open‑market transactions. Additional open‑market sales of 6,500 shares at $12.01 on February 23 and 131,281 shares at $12.02 on February 24 brought total reported sales to 733,354 shares. After these transactions, the reporting entities indirectly held 3,255,514 Class A shares.
LightPath Technologies’ major shareholder North Run Strategic Opportunities Fund I, LP and its affiliates filed Amendment No. 2 to their Schedule 13D, updating their ownership and recent trades. They report beneficial ownership of 11,953,829 Class A common shares, representing about 17.7% of shares outstanding as of February 24, 2026.
The position includes 3,255,614 common shares and 8,698,215 shares issuable from 17,353.6 shares of Series G Convertible Preferred Stock, which are currently exercisable. The filing details a cashless exercise of 3,499,289 warrants into 2,728,968 shares and a conversion of 2,709 preferred shares into 1,260,000 common shares on February 20, 2026.
It also lists multiple open‑market sales by NR‑SOF during February 2026 at weighted average prices between $11.92 and $13.3019 per share. North Run’s general partner and its two members, Todd B. Hammer and Thomas B. Ellis, may be deemed to share voting and dispositive power over these shares but each disclaims beneficial ownership beyond securities directly owned.
Glen Eagle Wealth LLC filed a notice proposing the sale of 2,000,000 shares of Class A Common Stock on 02/20/2026.
The filing lists an aggregate value of $22,480,000.00 and reports 57,708,603 shares outstanding as of 02/20/2026. The shares were issued on conversion of Series G Convertible Preferred Stock originally acquired in a private placement.
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 reported a sharp jump in business for its fiscal 2026 second quarter, but still posted a larger loss. Revenue doubled to $16.4 million from $7.4 million, driven mainly by strong growth in higher-value assemblies and modules and contributions from the G5 Infrared acquisition.
Gross profit rose to $6.0 million, lifting gross margin to 37% from 26%, as the mix shifted toward more profitable products and prior manufacturing issues were resolved. However, operating expenses climbed to $14.6 million, including a non-cash $7.6 million increase in the G5 earnout liability, leading to a net loss of $9.4 million, or $0.20 per share.
On an adjusted basis, adjusted EBITDA improved to a positive $0.6 million from a loss of $1.3 million, reflecting stronger underlying operations. The company highlighted a $97.8 million order backlog and ongoing strategic shift toward proprietary BlackDiamond™ glass and NDAA-compliant infrared systems, supported by recent acquisitions and a significantly stronger cash position.