LightPath Q1 FY2025 revenue up 4% to $8.4M; net loss widens to $1.6M

LIGHTPATH TECHNOLOGIES INC

2025-Q1 EPS reported -$0.04 revenue$8,400,381

Revenue $8.4M (+4% YoY); gross profit $2.8M (+22%) with margin expanding to 34% from 29%.
Net loss $1.6M ($0.04 EPS) vs $1.3M loss a year ago; operating expenses rose 18% to $4.2M on legal/consulting costs.
LightPath 2.0 product groups (assemblies & engineering services) grew to 30% of revenue from 19% in prior year.
Backlog $21.0M; cash $4.3M; total debt $3.9M.
Operational highlights: Lockheed Martin missile program milestone, new defense orders, product launches (Mantis, OGI, AI cameras).

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