secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001654954-24-013935
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000165495424013935/0001654954-24-013935-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000165495424013935/lpth_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-013935

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