Company Quick10K Filing
LightPath Technologies
10-Q 2019-12-31 Filed 2020-02-06
10-Q 2019-09-30 Filed 2019-11-07
10-K 2019-06-30 Filed 2019-09-12
10-Q 2019-03-31 Filed 2019-05-09
10-Q 2018-12-31 Filed 2019-02-07
10-Q 2018-09-30 Filed 2018-11-08
10-K 2018-06-30 Filed 2018-09-13
10-Q 2018-03-31 Filed 2018-05-14
10-Q 2017-12-31 Filed 2018-02-13
10-Q 2017-09-30 Filed 2017-11-09
10-K 2017-06-30 Filed 2017-09-14
10-Q 2017-03-31 Filed 2017-05-04
10-Q 2016-12-31 Filed 2017-02-14
10-Q 2016-09-30 Filed 2016-11-14
10-K 2016-06-30 Filed 2016-09-15
10-Q 2016-03-31 Filed 2016-05-05
10-Q 2015-12-31 Filed 2016-02-04
10-Q 2015-09-30 Filed 2015-11-05
10-K 2015-06-30 Filed 2015-09-22
10-Q 2015-03-31 Filed 2015-05-07
10-Q 2014-12-31 Filed 2015-02-05
10-Q 2014-09-30 Filed 2014-11-06
10-K 2014-06-30 Filed 2014-09-04
10-Q 2014-03-31 Filed 2014-05-08
10-Q 2013-12-31 Filed 2014-01-31
10-Q 2013-09-30 Filed 2013-11-07
10-K 2013-06-30 Filed 2013-09-05
10-Q 2013-03-31 Filed 2013-05-02
10-Q 2012-12-31 Filed 2013-02-07
10-Q 2012-09-30 Filed 2012-11-08
10-K 2012-06-30 Filed 2012-09-06
10-Q 2012-03-31 Filed 2012-05-10
10-Q 2011-12-31 Filed 2012-02-09
10-Q 2011-09-30 Filed 2011-11-03
10-K 2011-06-30 Filed 2011-09-08
10-Q 2011-03-31 Filed 2011-05-03
10-Q 2010-12-31 Filed 2011-02-03
10-Q 2010-09-30 Filed 2010-11-12
10-K 2010-06-30 Filed 2010-09-16
10-Q 2010-03-31 Filed 2010-05-06
10-Q 2009-12-31 Filed 2010-02-04
8-K 2020-02-24 Officers, Regulation FD, Exhibits
8-K 2020-02-24 Other Events, Exhibits
8-K 2020-02-06 Earnings, Exhibits
8-K 2020-01-14
8-K 2019-11-14 Shareholder Vote
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-09-12 Earnings, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-07-15 Exhibits
8-K 2019-07-12 Officers
8-K 2019-07-08 Officers, Regulation FD, Exhibits
8-K 2019-06-03 Other Events, Exhibits
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-02-26 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-15 Officers, Shareholder Vote, Regulation FD, Exhibits
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-10-30 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-09 Earnings, Exhibits
8-K 2018-07-31 Regulation FD, Exhibits
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-05-14 Earnings, Exhibits
8-K 2018-04-20 Enter Agreement, Exhibits
8-K 2018-02-13 Earnings, Exhibits
8-K 2018-01-30 Enter Agreement, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2018-01-16 Enter Agreement, Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits

LightPath Technologies Financials

LPTH Metrics, Comps, Filings

Quarterly | Annual

Business

LightPath Technologies, Inc. (“LightPath”, the “Company”, “we”, “our”, or “us”) was incorporated under Delaware law in 1992 as the successor to LightPath Technologies Limited Partnership, a New Mexico limited partnership formed in 1989, and its predecessor, Integrated Solar Technologies Corporation, a New Mexico corporation formed in 1985. Today, LightPath is a global company with major facilities in the United States, the People’s Republic of China and the Republic of Latvia. Our capabilities include precision molded optics, thermal imaging optics and custom designed optics. These capabilities allow us to manufacture optical components and higher-level assemblies, including precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses and other optical materials used to produce products that manipulate light.  We design, develop, manufacture and distribute optical components and assemblies utilizing advanced optical manufacturing processes. We serve a wide and diverse number of industries including defense and security, optical systems and components, datacom/telecom, information technology, life sciences, machine vision and production technology. Our products are incorporated into a variety of applications by our broad and diverse customer base. These applications include defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunication optical networks, machine vision and sensors, among others. All the products we produce enable lasers and imaging devices to function more effectively.  For example:

Molded glass aspheres and assemblies are used in various high-performance optical applications primarily based on laser technology;

Infrared molded lenses, diamond turned, conventional and CNC ground and polished lenses and assemblies using short (“SWIR”), mid (“MWIR”) and long (“LWIR”) wave transmitting materials are used in applications for firefighting, predictive maintenance, homeland security, surveillance, automotive, cell phone infrared cameras, pharmaceutical research & development and defense; and


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Everspin Technologies (MRAM) 106,968 47% -10.3 -33% 35,114 17,054 27,850 13,158 -11,589 -9,725 99,936
Kopin (KOPN) 58,258 5% -1.5 -65% 51,352 15,541 28,533 1,439 -33,364 -32,689 49,500
Emcore (EMKR) 87,835 17% -2.3 -33% 109,562 32,816 87,265 15,089 -35,984 -28,746 65,858
Atomera (ATOM) 62,832 43% -4.5 -59% 17,449 1,280 395 171 -10,254 -10,221 46,032
Sequans Communications (SQNS) 76,733 0% 62,574 0 0 0 0 76,733
QuickLogic (QUIK) 43,126 54% -1.5 -35% 35,801 19,563 7,439 4,042 -12,381 -12,282 18,304
Resonant (RESN) 92,919 0% -3.7 -92% 23,881 7,897 276 0 -22,082 -21,346 78,045
Supercom (SPCB) 20,803 0% 44,349 24,799 0 0 0 0 27,626
Intermolecular (IMI) 57,720 72% -8.8 -18% 45,278 17,495 19,131 13,818 -8,282 -6,337 55,560
Emagin (EMAN) 18,194 14% -3.5 -23% 28,781 11,138 24,827 3,581 -6,550 -5,008 17,631
LightPath Technologies (LPTH) 24,282 36% -1,427.5 -8% 46,110 13,862 32,751 11,867 -3,473 -18 25,057
Summit Wireless (WISA) 18,816 9% 2.7 -229% 3,541 2,137 1,236 112 -8,097 6,938 18,532
Rubicon Technology (RBCN) 25,706 16% -16.0 -3% 34,545 1,249 2,272 373 -1,132 -989 15,821
On Track Innovations (OTIV) 13,224 52% -3.5 -19% 20,484 12,267 10,994 5,721 -3,854 -2,814 9,749
SemiLEDS (LEDS) 9,093 8% -5.7 -31% 11,662 9,874 5,902 452 -3,561 -2,468 13,974
Mosys (MOSY) 5,314 62% 0.5 -19% 10,059 4,600 7,792 4,803 -1,894 -1,582 -856
Canaan (CAN)
SPI Energy (SPI) 0% 188,728 188,658 0 0 0 0 8,801
Ameri Holdings (AMRH)
ASE Technology Holding (ASX) 0% 534,061,927 315,034,005 0 0 0 0 -0

Balance Sheet ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash6945954902,3542,1621,7781,4031,5652,8791,9551,6251,1977877951,0601,6442,3502,5032,8632,9083,5845,6816,8328,0858,0587,7346,3885,5095,5324,6414,6414,6054,665
Accounts Receivable2,0701,8332,3972,1332,0822,4102,2342,1271,9972,3332,4532,4732,0432,4112,4313,0492,8952,8553,0293,5463,3135,5945,7405,8905,1975,7055,6725,3715,2416,2185,8996,2115,528
Inventory1,8181,7931,5631,5131,6011,7291,8281,7712,0912,8062,9473,3233,5143,3103,4163,1813,2853,3563,6743,8373,9845,0055,0835,0755,3915,8146,4096,4056,3616,7377,5877,6858,017
PP&E2,4832,3602,1211,9211,8912,0172,0132,2362,2572,3562,6633,1743,3483,3083,8268,8288,9858,4298,8009,0739,43114,61815,25416,23117,76218,63619,67019,55219,87620,70721,49221,18421,265
Assets7,4987,0916,9398,2718,4428,5828,2168,3779,89010,14110,25810,69310,29910,37611,36112,71513,25613,66514,60715,58916,20338,81239,71346,67247,07447,76847,55947,11745,97946,40246,91045,97346,110
Accounts Payable1,3321,3161,3021,1301,1711,3401,0491,0661,2361,3371,4021,8101,8881,9021,4631,5521,3121,0809081,3621,4381,7091,5971,5362,3021,9202,0392,0331,8752,0422,4252,2282,663
Long-Term Debt11,38311,00011,03810,79310,5616,9386,5796,2205,8615,7225,5815,441
Liabilities3,4893,3433,6294,2694,1904,1042,5812,9482,9022,9343,1183,3973,5153,3683,0684,7154,3204,9814,1214,6574,84617,01416,81216,95116,90515,46611,49711,76010,91711,16211,84012,51413,862
Stockholders' Equity4,0093,7483,3104,0024,2524,4775,6365,4306,9887,2077,1407,2966,7847,0088,2938,0008,9368,68410,48610,93211,35721,79822,90129,72130,16932,30236,06135,35735,06235,24035,07033,45932,248
Income Statement ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue2,7332,6722,7753,1042,8912,9172,8473,1292,8102,9083,0063,1112,6033,3533,1994,5074,1904,2364,1124,7345,0006,7588,4909,0077,5728,3618,5048,5508,5497,9068,7457,552
Cost of Revenue1,6511,8281,8961,8761,7141,6501,5231,7211,4911,6681,5391,7471,6262,0831,5982,3761,9391,8761,8872,2652,1662,8534,2674,6414,2834,8505,2125,5075,0074,8005,9165,161
Gross Profit1,0838448801,2291,1771,2661,3241,4081,3191,2401,4661,3649781,2701,6012,1312,2522,3602,2252,4682,8343,9054,2234,3673,2893,5123,2922,4353,0433,5413,1062,8292,391
R&D288272237250212264217246295342319337344374249166148168165187278381308382381413384440470519506522428
SG&A9968841,1418609821,0181,0429481,0771,1891,0991,1841,1441,3701,1461,5181,4411,5731,8121,7592,1632,0492,3302,4602,3982,2942,3632,1632,4642,5192,4323,0842,342
Tax22002010200010102212768267379266335336-194116-176128-23162496148
Net Income-198-343-519196101141217-80-202-133102-57914190-367843-5367763311401,0981016,3642184231,226-807-58316-352-1,762-1,375
Cash Flow ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating117139-160309-21-6924622251-4699039-100-209-259747965811902909226201,3892,0681,655-371,054-54-299424385450
Cash Investing-347-195-38-48-172-317-182-620-111-173-160-375-387-12,263-540-810-1,411-489-581-36-575-287108-207
Cash Financing-17-52831,5963-1-21621,2792583164-63246359-7317328-354513,69737888-282268-876-424-444-282-247-237