LIGHTPATH TECHNOLOGIES INC Income Statement
LPTH / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
LIGHTPATH TECHNOLOGIES INC reported $37M in revenue and $15M in net loss for FY2025. Revenue has grown at a 9.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.2M | $31.7M | $32.9M | $35.6M | $38.5M | $35.0M | $33.7M | $32.5M | $28.4M | $17.3M | $13.7M | $11.8M | $11.8M | $11.3M | $10.0M |
| Cost of Revenue | $27.1M | $23.1M | $21.9M | $23.7M | $25.0M | $21.1M | $21.2M | $20.0M | $13.6M | $8.0M | $7.7M | $6.4M | $6.6M | $7.3M | $6.1M |
| Gross Profit | $10.1M | $8.6M | $11.1M | $11.8M | $13.4M | $13.8M | $12.5M | $12.5M | $14.7M | $9.3M | $6.0M | $5.4M | $5.2M | $4.0M | $3.9M |
| SG&A Expense | $15.8M | $12.3M | $11.4M | $11.2M | $12.0M | $9.0M | $10.5M | $9.2M | $8.7M | $6.6M | $5.1M | $4.5M | $4.0M | $3.9M | $3.8M |
| R&D Expense | $3.1M | $2.4M | $2.1M | $2.1M | $2.2M | $1.7M | $2.0M | $1.6M | $1.2M | $668.8K | $1.1M | $1.2M | $939.0K | $1.0M | $995.1K |
| Operating Income | -$11.8M | -$7.8M | -$3.6M | -$2.6M | -$1.8M | $2.1M | -$1.1M | $373.6K | $4.1M | $2.0M | -$258.7K | -$376.4K | $210.2K | -$924.3K | -$857.3K |
| Interest Expense | $1.1M | $191.9K | $283.3K | $229.5K | $215.4K | $339.4K | $697.1K | $186.9K | $413.4K | $37.6K | $18.3K | $1.3K | $96.4K | $88.7K | $170.6K |
| Income Tax | $37.8K | $67.5K | $234.0K | $862.9K | $933.9K | $764.0K | $455.2K | -$827.1K | -$4.3M | $199.3K | $2.3K | - | - | - | - |
| Net Income | -$14.9M | -$8.0M | -$4.0M | -$3.5M | -$3.2M | $866.9K | -$2.7M | $1.1M | $7.7M | $1.4M | -$715.3K | -$313.2K | $215.3K | -$864.9K | -$1.6M |
| EPS (Basic) | -$0.21 | -$0.13 | -$0.13 | -$0.12 | $0.03 | -$0.10 | $0.04 | $0.39 | $0.09 | -$0.05 | - | $0.02 | -$0.09 | - | - |
| EPS (Diluted) | -$0.21 | -$0.13 | -$0.13 | -$0.12 | $0.03 | -$0.10 | $0.04 | $0.36 | $0.08 | -$0.05 | -$0.02 | $0.02 | -$0.09 | -$0.17 | - |
| Shares Outstanding | 39.3M | 37.3M | 27.0M | 27.0M | 25.9M | 25.8M | 25.8M | 24.2M | 16.9M | 15.2M | 14.3M | 13.0M | 11.7M | 9.7M | 9.5M |
| Gross Margin | 27.2% | 27.2% | 33.6% | 33.2% | 35.0% | 39.6% | 37.1% | 38.5% | 51.9% | 53.9% | 43.8% | 45.5% | 43.9% | 35.8% | 39.2% |
| Operating Margin | -31.8% | -24.7% | -10.8% | -7.4% | -4.8% | 6.1% | -3.4% | 1.1% | 14.6% | 11.6% | -1.9% | -3.2% | 1.8% | -8.2% | -8.6% |
| Profit Margin | -40.0% | -25.2% | -12.3% | -10.0% | -8.3% | 2.5% | -7.9% | 3.3% | 27.2% | 8.2% | -5.2% | -2.6% | 1.8% | -7.7% | -16.0% |