secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001654954-24-001496
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LightPath Q2 FY2024: $7.3M revenue, $1.7M net loss; backlog $21.2M; Lockheed Martin $4.7M order
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- Revenue $7.3M; net loss $1.7M; EBITDA loss $0.5M for Q2 ended Dec 31, 2023.
- Total backlog $21.2M; received initial $4.7M order from Lockheed Martin partnership for Army infrared camera program.
- Secured renewal order of $3.4M for advanced infrared optics, a 36% increase from initial order.
- Completed $5M expansion of Orlando facility, increasing footprint from 34,000 to 55,000 sq ft.
- CEO: production decision for Lockheed Martin program moved to 2026; ASP $5K-$10K per system; potential tens of thousands of units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000165495424001496/0001654954-24-001496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000165495424001496/lpth_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-001496

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