secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001654954-23-001538
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LightPath Q2 revenue $8.5M (-8% YoY); backlog record $29.4M; gross margin expands to 38%
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- Net loss narrowed to $694K ($0.03/share) from $1.1M YoY; EBITDA positive $207K vs -$41K.
- Backlog hit $29.4M (+34% YoY) driven by $4M European supply agreement and $2.5M military IR order.
- Launched Mantis, first multispectral IR camera; BD6 glass qualified by ESA for space use.
- Post-quarter secondary offering raised ~$10M for capacity expansion, debt reduction.
- Infrared revenue fell 21% to $4.0M due to contract timing; PMO revenue flat at $3.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000165495423001538/0001654954-23-001538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000165495423001538/lpth_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-001538

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