LightPath Technologies, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-20.5M | $-14.9M | $-8.0M | $-4.0M | $-3.5M | $-3.2M | $866.9K | $-2.7M |
| Depreciation & Amortization | $5.0M | $4.1M | $4.0M | $3.2M | $3.6M | $3.5M | $3.4M | $3.5M |
| Depreciation | $3.2M | $2.7M | $2.4M | — | — | — | — | — |
| Amortization | $1.8M | $1.4M | $1.6M | $1.1M | $1.1M | $1.1M | $1.1M | $1.2M |
| Stock-Based Compensation | $2.9M | $1.0M | $1.0M | $1.3M | $825.3K | $642.9K | $250.7K | $394.8K |
| Net Cash from Operating Activities | $-10.2M | $-8.3M | $521.0K | $-2.8M | $1.5M | $4.7M | $3.7M | $411.2K |
| Investing Activities | ||||||||
| Capital Expenditures | $6.3M | $1.3M | $2.2M | $3.1M | $1.6M | $3.2M | $2.4M | $1.9M |
| Business Acquisitions | — | $18.5M | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-12.8M | $-19.7M | $-2.7M | $-2.9M | $-1.6M | $-3.2M | $-2.3M | $-1.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $111.0M | $29.3M | $-1.5M | $7.5M | $-636.2K | $-843.4K | $-621.7K | $-1.4M |
| Net Change in Cash | $88.3M | $1.4M | $-3.7M | $1.6M | $-1.3M | $1.4M | $782.7K | $-1.9M |
| Free Cash Flow | $-16.5M | $-9.6M | $-1.7M | $-5.9M | $-162.5K | $1.6M | $1.3M | $-1.5M |