Highest-materiality recent filing
LightPath Q3 revenue $19.1M (+109% YoY), backlog $110.6M, positive adjusted EBITDA
Revenue $19.1M (+109% YoY); gross profit $7.0M (+161%); gross margin 36% vs 29%.
LightPath Q2 revenue up 120% to $16.4M; record backlog $97.8M; acquires AMI
Revenue $16.4M vs $7.4M YoY; gross profit $6.0M (37% margin) vs $1.9M (26%).
LightPath acquires AMI for $7M cash; adds large-diameter chalcogenide glass capabilities
LightPath acquired substantially all assets of Amorphous Materials (AMI) for $7M cash; up to $3M additional equity contingent consideration based on milestones.
LightPath Technologies prices $60M offering (7.75M shares at $7.75/share)
Gross proceeds ~$60M; net proceeds ~$56.8M after underwriting discounts and expenses.
LightPath reports pro forma FY2025 net loss of $15.1M on $49.3M revenue after G5 acquisition
Total consideration for G5 Infrared acquisition: $27.1M ($20.3M cash, 1.97M shares, earnout).
Revenue grew 79% to $15.1M in Q1 FY2026; gross profit rose 58% to $4.5M; net loss widened to $2.9M from $1.6M a year ago.
LightPath Q4 rev $12.2M, net loss $7.1M; orders of $52M from defense/tech customers
Q4 revenue rose 41.4% YoY to $12.2M; full-year rev $37.6M, up 17.3%.
LightPath secures $8M strategic investment from Ondas and Unusual Machines at $5/share
Private placement of 1.6M shares at $5.00 per share; each buyer purchases $4M.
LightPath Q3 FY2025 revenue $9.2M (+19% YoY); net loss widens to $3.6M; closes G5 IR acquisition
Revenue $9.2M (+19.1% YoY); gross margin improved to 29.1% from 20.9%.
LightPath completes $34.6M acquisition of G5 Infrared; pro forma loss deepens
Total consideration: $20.25M cash, $6.75M stock, and $7.6M earnout for all G5 Infrared membership interests.
LightPath Technologies Closes Acquisition of G5 Infrared and Concurrent Financing
Acquisition of G5 Infrared, a New Hampshire infrared optics specialist, closed on February 18, 2025.
LightPath Q2 revenue up 1.5% to $7.4M; net loss widens to $2.6M; acquires G5 Infrared
Revenue $7.4M (+1.5% YoY); gross margin fell to 26% from 30% on mix and yield issues.
LightPath to acquire G5 Infrared for $20.25M cash + stock; raises $32.2M in concurrent PIPE
Acquires all membership interests of G5 Infrared for $20.25M cash plus 1,972,531 shares of common stock.
LightPath Q1 FY2025 revenue up 4% to $8.4M; net loss widens to $1.6M
Revenue $8.4M (+4% YoY); gross profit $2.8M (+22%) with margin expanding to 34% from 29%.
LightPath Q4 revenue down 11% to $8.6M; net loss widens to $2.4M; FY24 loss $8.0M
Q4 FY2024 revenue $8.6M (-11% YoY); full-year revenue $31.7M (-4% YoY).
LightPath secures $3M bridge note at 12.5% from Lytton-Kambara Foundation
$3M bridge loan from Lytton-Kambara Foundation at 12.5% interest, maturing Aug 6, 2025.
LightPath Q3 FY2024 revenue $7.6M, net loss $2.6M; backlog $22M; Lockheed milestone delivered
Revenue $7.6M, net loss $2.6M, EBITDA loss $1.5M for fiscal Q3 ended March 31, 2024.
effective upon the Closing Date, the Company’s Board of Directors has appointed Thomas Ellis, an affiliate of the Lead Investor (as defined in the Securities Purchase Agreement), to serve as a Class II Director until his successor is duly elected and qualified or until his death, resignation, or removal.
Thomas Ellis, an affiliate of the Lead Investor, will serve as a Class II Director
Max materiality 0.90 · Median 0.70 · Most common event earnings