LightPath Technologies, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $93.2M | $4.9M | $3.5M | $4.7M | $5.5M | $6.8M | $5.4M | $4.6M |
| Accounts Receivable | $15.1M | $9.5M | $4.9M | $6.6M | — | $4.7M | $6.2M | $6.2M |
| Inventory | $18.0M | $12.9M | $6.6M | $7.4M | $7.0M | $8.7M | $9.0M | $7.7M |
| Total Current Assets | $129.9M | $28.4M | $15.5M | $21.8M | $18.2M | $20.7M | $21.3M | $19.6M |
| Property, Plant & Equipment | — | $15.9M | $15.2M | $12.8M | $11.6M | $13.3M | $11.8M | $11.7M |
| Goodwill | $19.3M | $13.8M | $6.8M | $5.9M | $5.9M | $5.9M | $5.9M | $5.9M |
| Intangible Assets (Excl. Goodwill) | $17.1M | $16.0M | $3.7M | $3.3M | $4.5M | $5.6M | $6.7M | $7.8M |
| Total Assets | $194.0M | $81.5M | $48.1M | $53.5M | $50.7M | $54.6M | $47.6M | $46.0M |
| Liabilities | ||||||||
| Accounts Payable | $7.7M | $7.4M | $3.2M | $2.6M | $3.1M | $2.9M | $2.6M | $2.2M |
| Total Current Liabilities | $26.2M | $17.1M | $8.0M | $6.8M | $7.7M | $8.4M | $7.4M | $6.4M |
| Long-Term Debt | — | $4.8M | $325.9K | $1.6M | $3.2M | $4.1M | $4.4M | $5.0M |
| Total Liabilities | $35.6M | $31.6M | $17.9M | $17.6M | $21.0M | $21.0M | $13.0M | $12.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-251.3M | $-230.7M | $-215.8M | $-207.8M | $-203.8M | $-200.2M | $-197.1M | $-197.9M |
| Total Stockholders' Equity | $149.5M | $15.6M | $30.2M | $36.0M | $29.7M | $33.6M | $34.6M | $33.5M |