secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001654954-22-015019
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LightPath Q1 FY2023 revenue $7.4M (-19% YoY), net loss $1.4M ($0.05/share) widens from $632K loss a year ago
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- Revenue of $7.4M, down from $9.1M YoY; gross margin fell to 30% from 35%.
- Net loss $1.4M ($0.05 per share) vs net loss $632K ($0.02) in Q1 FY2022.
- EBITDA loss of $392K vs positive $454K in prior-year quarter.
- Backlog reached $23.0M (up 19% YoY); driven by $4M European supply agreement.
- Management cites China economic slowdown and Hurricane Ian shutdown as key headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000165495422015019/0001654954-22-015019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000165495422015019/lls_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-015019

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