LightPath Q4 rev $12.2M, net loss $7.1M; orders of $52M from defense/tech customers

LIGHTPATH TECHNOLOGIES INC

Q4 revenue rose 41.4% YoY to $12.2M; full-year rev $37.6M, up 17.3%.
Net loss Q4 $7.1M ($0.16/sh) vs $2.4M loss a year ago; adjusted EBITDA loss $2.0M.
Booked $18.2M IR camera order, $22.1M follow-on, $2.2M from L3Harris for Navy SPEIR program.
Secured $9.7M cooled-camera orders for counter-UAS from defense customer; $8.0M strategic investment from Ondas/Unusual Machines.
Shift to Germanium-free BlackDiamond glass drives backlog growth; two G5 camera redesigns now use proprietary glass.

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