secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2021-09-09T23:59:59+00:00
Accession:  0001654954-21-009899
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LightPath FY2021 revenue up 10% to $38.5M but net loss of $3.2M vs prior-year income; Q4 loss deepens
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- Full-year revenue $38.5M (+10% YoY); net loss $3.2M vs net income $867K in FY2020.
- Q4 revenue $8.3M (-9% YoY); net loss $2.9M vs net income $657K in Q4 2020.
- EBITDA fell to $1.5M (FY2021) from $5.4M; Q4 EBITDA loss of $2.0M vs $1.7M gain.
- Backlog $21.3M at June 30, 2021, down from $21.9M; cash rose 26% to $6.8M.
- Losses attributed to higher operating expenses from China management changes and non-recurring costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000165495421009899/0001654954-21-009899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000165495421009899/lpth_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-009899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer